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Reuters - 1 week ago

Segro to buy six Tritax EuroBox properties for $499 mln in deal with Brookfield

UPDATE 1-Segro to buy six Tritax EuroBox properties for $499 mln in deal with Brookfield Adds sector context in paragraphs 4-6 Nov 12 (Reuters) - Warehouse landlord Segro SGRO.L said on Tuesday it would buy six Tritax EuroBox EBOX.L properties in Germany and the Netherlands for 470 million euros ($499.1 million) as part of a deal with Brookfield Asset Management Ltd BAM.TO .
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Reuters - 2 weeks ago

Britain to ban smoking outside schools, hospitals and playgrounds

Britain to ban smoking outside schools, hospitals and playgrounds By Andrew MacAskill LONDON, Nov 5 (Reuters) - The British government plans to ban smoking outside schools, hospitals and playgrounds as a way of reducing the pressure on the state-run National Health Service and the cost to taxpayers. The government's Tobacco and Vapes Bill will be introduced to parliament on Tuesday involving some of the world's strictest anti-smoking rules, including banning younger people from smoking.
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Reuters - 4 weeks ago

UK to ban disposable vapes from June to crack down on teen use

UPDATE 1-UK to ban disposable vapes from June to crack down on teen use Vape usage saw fourfold rise in the last decade - govt Disposable vapes pose fire risk UK plans major public health intervention Recasts with government statement throughout By Muvija M LONDON, Oct 24 (Reuters) - The sale of single-use vapes will be banned in England from June next year , the British government said on Thursday, seeking to crack down on the environmental harm and rising usage levels among children.
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Reuters - 4 weeks ago

US finalizes $20 billion share of $50 billion G7 loan to Ukraine

WRAPUP 2-US finalizes $20 billion share of $50 billion G7 loan to Ukraine Adds comment from Russian embassy in the U.S., paragraphs 10-11 US Treasury Secretary Yellen and Ukrainian Finance Minister Marchenko sign $20 bln loan agreement Deal is US portion of $50 bln loan backed by frozen Russian assets Britain, Canada announce contributions to loan package By David Lawder and Susan Heavey WASHINGTON, Oct 23 (Reuters) - The U.S.
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Reuters - 4 weeks ago

Philip Morris shares soar on strong third quarter

UPDATE 1-Philip Morris shares soar on strong third quarter Recasts paragraph 1 on shares; adds background in paragraph 2; CEO quote in paragraph 5 Oct 22 (Reuters) - Philip Morris International' s (PMI) PM.N> s hares hit record highs on Tuesday after the cigarette maker raised its annual profit forecast and beat third-quarter estimates thanks to higher prices and strong demand for its smoking alternatives.
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Reuters - 4 weeks ago

Philip Morris raises annual profit forecast on strong demand for nicotine pouches

Philip Morris raises annual profit forecast on strong demand for nicotine pouches Oct 22 (Reuters) - Philip Morris International PM.N raised its annual profit forecast after beating third-quarter estimates on Tuesday, betting on higher prices and resilient demand for its heated tobacco products and ZYN nicotine pouches. Growing consumer preference for smokeless alternatives to traditional combustible cigarettes and chewing tobacco products in the United States have supported demand for ZYN, whic
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Reuters - 1 month ago

Barratt Redrow, Genuit Group, Munich Re

EUROPE RESEARCH ROUNDUP-Barratt Redrow, Genuit Group, Munich Re Oct 21 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including Barratt Redrow, Genuit Group and Munich Re, on Monday. HIGHLIGHTS * Barratt Redrow Plc BTRW.L : Morgan Stanley raises to overweight from equal-weight * Genuit Group Plc GENG.L : JP Morgan initiates coverage with neutral rating; PT 535p * Intertek ITRK.L : RBC cuts to sector perform from outperform * Munich Re MUVGn.
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Reuters - 1 month ago

UK Stocks-Factors to watch on Oct. 21

UK Stocks-Factors to watch on Oct. 21 Oct 21 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Monday, with futures FFIc1 up 0.13%. * HOME PRICES: Asking prices for British homes rose only marginally in October as more properties came onto the market, according a survey on Monday that also suggested some buyers were waiting for clarity on tax changes in the new government's upcoming budget.
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Reuters - 1 month ago

FTSE 100 dips but logs weekly gain on rate cut bets

UPDATE 1-FTSE 100 dips but logs weekly gain on rate cut bets FTSE 100 down 0.3%; FTSE 250 up 0.2% British retail sales up 0.3% for September Updated at 1558 GMT By Pranav Kashyap and Nikhil Sharma Oct 18 (Reuters) - The UK's FTSE 100 ended lower on Friday, weighed down by British American Tobacco following its settlement to end a tobacco lawsuit in Canada, but the blue-chip index logged weekly gains in anticipation of a UK rate cut next month.
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Reuters - 1 month ago

Canada - Oct 18

PRESS DIGEST-Canada - Oct 18 Oct 18 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy. THE GLOBE AND MAIL Tobacco companies JTI-Macdonald Corp., Rothmans, Benson & Hedges Inc., and Imperial Tobacco Canada are set to pay $32.5 billion to settle legal claims.
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Reuters - 1 month ago

Europe's STOXX 600 ends week higher as tech stocks rebound

UPDATE 2-Europe's STOXX 600 ends week higher as tech stocks rebound For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Luxury stocks aid gains on France's CAC 40 Elisa slumps on unexpected Q3 revenue fall Goldman Sachs slashes STOXX 600 2024 earnings growth forecast STOXX 600 up 0.2% Updated at 1602 GMT By Paolo Laudani, Ankika Biswas and Johann M Cherian Oct 18 (Reuters) - Europe's STOXX 600 ended higher on Friday, as tech stocks made a s
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Reuters - 1 month ago

Big Tobacco nears $24 billion settlement to end Canada lawsuits

UPDATE 4-Big Tobacco nears $24 billion settlement to end Canada lawsuits Philip Morris says allocation of settlement amount between companies unresolved BAT says unit supportive of settlement framework, structure Japan Tobacco says some issues need to be resolved for workable settlement plan Adds comment from health law expert in paragraphs 2, 14-16 Oct 18 (Reuters) - Philip Morris PM.N , British American Tobacco BATS.L , and Japan Tobacco 2914.T will pay C$32.5 billion ($23.6 billion) to settle
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Reuters - 1 month ago

Court mediator proposes $23.6 bln settlement by Philip Morris, BAT and JTI units in Canada

Court mediator proposes $23.6 bln settlement by Philip Morris, BAT and JTI units in Canada Oct 18 (Reuters) - Philip Morris PM.N said on Friday that a Canadian court-appointed mediator has proposed a plan to end the tobacco litigation, involving a payment of C$32.5 billion ($23.56 billion) by its unit Rothmans, Benson & Hedges Inc and the Canadian units of British American Tobacco BATS.L and Japan Tobacco 2914.T .
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Reuters - 1 month ago

European shares headed for weekly gains after ECB rate cut

European shares headed for weekly gains after ECB rate cut For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window Oct 18 (Reuters) - European shares opened muted on Friday, after the European Central Bank's latest rate cut and upbeat earnings prompted strong gains in the previous session, with the main stocks gauge headed for a second weekly rise.
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Reuters - 1 month ago

British American Tobacco bottoms FTSE 100 on Canada litigation update

BUZZ-British American Tobacco bottoms FTSE 100 on Canada litigation update ** Shares of British American Tobacco BATS.L down 1.43% at 2,689p, top loser on FTSE 100 index .FTSE ** Co says it has filed a plan in Canadian court to potentially resolve and settle its Canadian unit's tobacco litigation ** No details of the plan were disclosed ** BAT's un
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Reuters - 1 month ago

BAT says close to settling Canadian tobacco litigation

BAT says close to settling Canadian tobacco litigation Oct 18 (Reuters) - British American Tobacco BATS.L said on Friday a plan has been filed in a Canadian court to potentially resolve and settle its Canadian subsidiary's tobacco litigation in the country, more than five years after the unit filed for bankruptcy protection. BAT's unit Imperial Tobacco Canada (ITCAN) has been under a court supervised mediation process negotiating a possible settlement of all its outstanding tobacco litigation in
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Reuters - 1 month ago

UK Stocks-Factors to watch on Oct 18

UPDATE 1-UK Stocks-Factors to watch on Oct 18 Adds new items, updates futures Oct 18 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening lower on Friday, with futures FFIc1 down 0.6%. * EVOKE: British betting and gaming firm Evoke EVOK.L reported a 3% growth in third-quarter group revenue, helped by market share gains in its key international markets, and reaffirmed its expectations for the next fiscal year.
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Reuters - 1 month ago

BAT's Unit Settles All Outstanding Tobacco Litigations In Canada

BRIEF-BAT's Unit Settles All Outstanding Tobacco Litigations In Canada Oct 18 (Reuters) - British American Tobacco PLC BATS.L : BRITISH AMER.TOBACCO - CANADA - CCAA UPDATE BAT: ITCAN HAS SINCE BEEN NEGOTIATING A POSSIBLE SETTLEMENT OF ALL OF ITS OUTSTANDING TOBACCO LITIGATION IN CANADA BAT: NOW NOTES COURT-APPOINTED MEDIATOR'S AND MONITOR'S PLAN OF
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Reuters - 1 month ago

UK Stocks-Factors to watch on Oct 18

UK Stocks-Factors to watch on Oct 18 Oct 18 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening lower on Friday, with futures FFIc1 down 0.40%. * BRITISH AMERICAN TOBACCO: British American Tobacco BATS.L will launch a version of its Velo nicotine pouches using synthetic nicotine in the United States, David Waterfield, president of the company's U.S.
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Reuters - 1 month ago

British American Tobacco to launch synthetic nicotine pouches

UPDATE 2-British American Tobacco to launch synthetic nicotine pouches Adds FDA comment on pending application, enforcement in paragraph 10 LONDON, Oct 16 (Reuters) - British American Tobacco (BAT) BATS.L will launch a version of its Velo nicotine pouches using synthetic nicotine in the United States, David Waterfield, president of the company's U.S.
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