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Reuters - 3 weeks ago

US urges dismissal of lawsuit demanding menthol cigarette ban

UPDATE 1-US urges dismissal of lawsuit demanding menthol cigarette ban Adds comment from plaintiffs' lawyer, details from government filing, paragraphs 3, 6 By Jonathan Stempel June 28 (Reuters) - The Biden administration asked a federal judge to dismiss a lawsuit by anti-smoking groups demanding that it end nearly a year of delay and ban menthol cigarettes, which are used disproportionately by Blacks and younger people.
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Reuters - 3 weeks ago

US urges dismissal of lawsuit seeking menthol cigarette ban

US urges dismissal of lawsuit seeking menthol cigarette ban By Jonathan Stempel June 28 (Reuters) - The Biden administration asked a federal judge to dismiss a lawsuit by anti-smoking groups demanding that it end nearly a year of delay and ban menthol cigarettes, which are used disproportionately by Blacks and younger people. In a Thursday night court filing, the Food and Drug Administration said the delay was not unreasonable because it had yet to determine that a ban was "appropriate for the p
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Reuters - 3 weeks ago

Sri Lankan shares end higher as consumer staples, financials stocks gain

Sri Lankan shares end higher as consumer staples, financials stocks gain June 25 (Reuters) - Sri Lankan shares ended higher on Tuesday, helped by gains in consumer staples and financials stocks. * The CSE All-Share index .CSE settled 0.02% higher at 12,273.41. * Sri Lanka will sign a debt restructuring agreement with a group of creditor nations on Wednesday, the government said in a major step to help stabilise the country's finances following its economic crisis.
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Reuters - 4 weeks ago

In a first, FDA authorizes flavored vape products from Altria's NJOY for sale

UPDATE 1-In a first, FDA authorizes flavored vape products from Altria's NJOY for sale Adds background in paragraphs 2 to 6, comments in paragraphs 9, 11 By Emma Rumney and Juveria Tabassum June 21 (Reuters) - The U.S. Food and Drug Administration authorized four of Altria's MO.N menthol e-cigarette products for sale in the country on Friday, making them the first ever flavored vapes the agency has permitted on the market.
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Reuters - 4 weeks ago

In a first, FDA authorizes flavored e-cigarettes from Altria's NJOY for sale in the US

In a first, FDA authorizes flavored e-cigarettes from Altria's NJOY for sale in the US June 21 (Reuters) - The U.S. Food and Drug Administration authorized four of Altria's menthol e-cigarettes for sale in the country on Friday, making them the first ever flavored vapes the agency has permitted on the market. The FDA has raised concerns about the risk of young people using e-cigarettes, particularly the more appealing flavored products.
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Reuters - 4 weeks ago

Soccer-Friedkin Group in exclusive talks to buy Everton

UPDATE 1-Soccer-Friedkin Group in exclusive talks to buy Everton Adds details on valuation, current owner in paragraphs 5-6, last season in paragraphs 9-11 June 21 (Reuters) - The Friedkin Group is in exclusive talks to buy Everton, the Premier League soccer club said on Friday, weeks after a takeover agreement with prospective owner 777 Partners fell through .
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Reuters - 4 weeks ago

Soccer-Friedkin Group in exclusive talks to buy Everton

Soccer-Friedkin Group in exclusive talks to buy Everton June 21 (Reuters) - The Friedkin Group is in exclusive talks to buy Everton, the Premier League soccer club said on Friday, weeks after a takeover agreement with prospective owner 777 Partners expired. The Friedkin Group are also majority owners of Italian Serie A club AS Roma. "Blue Heaven Holdings has received significant interest from several highly respected parties interested in investing in the club," Everton said in a statement.
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Reuters - 4 weeks ago

Hyundai’s India IPO will have imitators

RPT-BREAKINGVIEWS-Hyundai’s India IPO will have imitators Corrects to fix sourcing in the second paragraph. The author is a Reuters Breakingviews columnist. The opinions expressed are her own. Refiles to add hyperlink. By Shritama Bose MUMBAI, June 17 (Reuters Breakingviews) - If Hyundai Motor's 005380.KS up to $3 billion initial public offering of its Indian business crystallises a premium valuation as easily as expected, other multinationals could rush to list their local operations in the S
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Reuters - 4 weeks ago

Hyundai’s India IPO will have imitators

CORRECTED-BREAKINGVIEWS-Hyundai’s India IPO will have imitators Corrects to fix sourcing in the second paragraph. The author is a Reuters Breakingviews columnist. The opinions expressed are her own. Refiles to add hyperlink. By Shritama Bose MUMBAI, June 17 (Reuters Breakingviews) - If Hyundai Motor's 005380.KS up to $3 billion initial public offering of its Indian business crystallises a premium valuation as easily as expected, other multinationals could rush to list their local operations in
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Reuters - 1 month ago

Nigeria drops tax charges against Binance executives

Nigeria drops tax charges against Binance executives By Camillus Eboh ABUJA, June 14 (Reuters) - Nigeria dropped tax evasion charges against two Binance executives on Friday after the world's largest crypto exchange appointed a local representative to face all court processes relating to the allegations on its behalf. Binance and Tigran Gambaryan, a U.S.
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Reuters - 1 month ago

Vodafone plans to sell $2.3 bln stake in India's Indus Towers, sources say

EXCLUSIVE-Vodafone plans to sell $2.3 bln stake in India's Indus Towers, sources say Adds stock moves in paragraph 4 By M. Sriram MUMBAI, June 14 (Reuters) - Vodafone Group VOD.L is looking to sell its entire $2.3 billion stake in India's Indus Towers INUS.NS through stock market block deals next week, two sources with direct knowledge said, as part of the British firm's effort to repay debt.
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Reuters - 1 month ago

Vodafone wants to sell $2.3 bln stake in India's Indus Towers, sources say

EXCLUSIVE-Vodafone wants to sell $2.3 bln stake in India's Indus Towers, sources say Adds detail, context, signifinance By M. Sriram MUMBAI, June 14 (Reuters) - Vodafone Group VOD.L is looking to sell its entire $2.3 billion stake in India's Indus Towers INUS.NS through stock market block deals next week, two sources with direct knowledge said, as part of the British firm's effort to repay debt.
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Reuters - 1 month ago

UK's Labour promises to ban smoking for younger generations

UK's Labour promises to ban smoking for younger generations LONDON, June 13 (Reuters) - Britain's opposition Labour Party said it would stop the next generation from legally buying cigarettes if it wins a national election on July 4. Conservative Prime Minister Rishi Sunak had wanted to bring in some of the world's strictest anti-smoking rules by banning anyone aged 15 and under from ever buying cigarettes, but his plan failed to become law before he called an election, throwing the policy into
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Reuters - 1 month ago

British Business - June 11

PRESS DIGEST-British Business - June 11 June 11 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - GSK GSK.L and other drugmakers on Monday asked a Delaware court for permission to appeal a ruling allowing more than 70,000 lawsuits claiming that heartburn drug Zantac causes cancer to go forward.
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Reuters - 1 month ago

Sri Lanka shares end higher as financials, industrials gain

Sri Lanka shares end higher as financials, industrials gain June 6 (Reuters) - Sri Lankan shares closed higher on Thursday, as financial and industrial stocks rose. * The CSE All-Share index .CSE settled 0.99% higher at 12,310.78. * Sri Lanka has given Elon Musk's Starlink, the satellite unit of SpaceX, preliminary approval to provide internet services there, the president's office said on Thursday.
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Reuters - 1 month ago

Five ideas for European stocks from UBS

LIVE MARKETS-Five ideas for European stocks from UBS STOXX 600 falls 0.8% Energy, miners weigh Indian markets plunge Wall St futures lower Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com FIVE IDEAS FOR EUROPEAN STOCKS FROM UBS UBS equity strategists have shared their most recent thinking on European stocks, with five ideas emerging against a backdrop of the ECB cutting rates befo
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Reuters - 1 month ago

London stocks log declines as losses in miners weigh

UPDATE 2-London stocks log declines as losses in miners weigh For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window FTSE 100 down 0.4%, FTSE 250 falls 0.9% S&P Global revises lower BP's credit outlook, shares fall Carnival up after Peel Hunt upgrades stock to 'buy' Updated at 1551 GMT By Pranav Kashyap and Purvi Agarwal June 4 (Reuters) - London stocks closed lower on Tuesday, weighed down by resources stocks tracking a fall in commodity price
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Reuters - 1 month ago

STOXX 600 stutters; miners, energy fall

LIVE MARKETS-STOXX 600 stutters; miners, energy fall STOXX 600 falls 0.4% Energy, miners weigh Indian markets plunge Wall St futures lower Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com STOXX 600 stutters; miners, energy fall Europe's STOXX 600 index is falling on Tuesday as miners and energy stocks weigh due to weaker commodity prices overnight, while defensive sectors outperfo
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Reuters - 1 month ago

European shares snap three-day winning streak on commodities' drag

UPDATE 2-European shares snap three-day winning streak on commodities' drag For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window Energy shares hit over two-month lows, biggest drag German unemployment rises more-than-expected STOXX 600 closes 0.5% lower Updated at 1550 GMT By Shristi Achar A and Shashwat Chauhan June 4 (Reuters) - European shares slipped on Tuesday as falling commodity prices weighed on mining and energy stocks, though cautio
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Reuters - 1 month ago

British American Tobacco slips on first-half profit outlook

BUZZ-British American Tobacco slips on first-half profit outlook ** Shares of British American Tobacco BATS.L down 1.6% at 2,396p ** The maker of Dunhill and Lucky Strike cigarettes sees small decline in HY revenue and adj profit from operations ** Maintains its forecast of low single digit annual growth ** Shares up 5% YTD, as of last close Report
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