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British American Tobacco To Cut Around 2,300 Jobs Globally
British American Tobacco Says Fully Support FDA’S View On Vaping Products
British American Tobacco Launches New Tobacco Heating Products
British American Tobacco p.l.c. is a tobacco and next generation products company. The Company's tobacco product range includes cigarettes, fine cut (roll-your-own and make-your-own tobacco) and Swedish-style snus. Its segments include Asia-Pacific, Americas, Western Europe, and Eastern Europe, Middle East and Africa (EEMEA). The Asia-Pacific segment includes its operations in various countries, including Australia, Pakistan, Malaysia, Vietnam, Japan, South Korea, Indonesia, New Zealand and Bangladesh. The Americas segment includes its operations in various countries, including Brazil, Mexico, Canada, Colombia, Argentina, Chile and Venezuela. The Western Europe segment includes its operations in various countries, including Germany, Denmark, Switzerland, Belgium, France, the United Kingdom, Romania, Spain, Italy, Poland and Croatia/Balkans. The EEMEA segment includes its operations in various countries, including Russia, Ukraine, South Africa, Turkey, Egypt, Nigeria and Algeria.
Globe House, 4 Temple Place
Richard George William Burrows
Non-Executive Chairman of the Board
Jack Marie Henry David Bowles
Chief Executive Officer, Director
Tadeu Luiz Marroco
Finance Director, Director - Group Transformation, Director
Ricardo Cesar de Almeida Oberlander
President and Chief Executive Officer of Reynolds American Inc.
Kingsley J. Wheaton
Chief Marketing Officer, Regional Director - Americas and Sub Saharan Africa (AMSSA)
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* BP, Shell track losses in crude prices (Adds news items, analysts comments, updates to closing prices)
British American Tobacco <BATS.L> plans to lay off 4% of its workforce, including a fifth of senior managers, as recently-promoted chief executive Jack Bowles grapples with challenges to the group's legacy products and health fears over vaping.
British American Tobacco Plc said on Thursday it would lay off 2,300 employees globally by January as it looks to simplify its operational structure. (Reporting by Pushkala Aripaka in Bengaluru; editing by Arun Koyyur)
British American Tobacco <BATS.L> said it would launch two new tobacco heating products in Japan under its glo brand, as it seeks to close the gap with market leader Philip Morris International Inc <PM.N> in the country's fast-growing vaping industry.
British American Tobacco's (BAT) <BATS.L> proposed takeover of e-cigarette maker Twisp won approval from South Africa's Competition Tribunal on Tuesday after the UK-based group agreed to a series of conditions.
South Africa's Competition Tribunal on Tuesday conditionally approved British American Tobacco's proposed takeover of e-cigarette maker Twisp.
European shares ended higher on Thursday as strong earnings from British American Tobacco and a multibillion dollar merger in the financial sector helped dispel early gloom after the U.S. Federal Reserve played down prospects for several rate cuts.
LONDON (REUTERS) - British American Tobacco <BATS.L> beat first-half sales forecasts on Thursday, helped by higher demand for e-cigarettes, and predicted a stronger performance in the second half as it focuses on a smaller number of fast-growing new age brands.
LONDON, Aug 1 (REUTERS) - British American Tobacco Plc , the world's No. 2 tobacco company, reported higher first half sales on Thursday, helped by higher demand for its tobacco heating products, and said revenue growth would accelerate in the second half of the year.
London's main index eased as the latest salvoes in the U.S.-Chinese trade dispute kept investors on edge and weak demand outlook knocked oil shares, while British American Tobacco slid after warning of steeper declines in cigarette sales.
British American Tobacco (BAT), the world's No. 2 tobacco company, on Wednesday warned of steeper declines in cigarette sales globally mainly due to waning demand in its main U.S. market, sending its shares lower.
** Cigarette maker British American Tobacco's shares fall as much as 6.2% to 2,882p; on track for worst day since mid-November
** Cigarette maker says H1 new category rev growth approaching FY forecast range, which analysts say could suggest some softness
British American Tobacco on Wednesday said it expected revenue growth in its vaping and e-cigarette products to accelerate in the second half of the year, leading it to affirm its full-year targets.
Brazil's solicitor general's office is suing the world's largest cigarette makers British American Tobacco Plc and Philip Morris International to recover the public health treatment costs of tobacco-related diseases over the last five years.
British American Tobacco Plc expects another year of good earnings growth in 2019, despite concerns of tighter regulations in the U.S., Chairman Richard Burrows said at the company's annual general meeting on Thursday.
British American Tobacco Plc expects another year of good earnings growth in 2019, Chairman Richard Burrows said at the company's annual general meeting on Thursday.
** British tobacco stocks Imperial Brands shares up 1.9 pct, BAT up 1.4 pct after Citi upgrades stocks to "buy"
** Imperial Brands shares up 2.7 pct; BAT up 2.2 pct - top gainers on UK bluechip index
McLaren will race in Formula One's season-opening Australian Grand Prix this week without British American Tobacco (BAT) branding on their cars amid concerns about Australia's strict anti-tobacco advertising regulation.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.