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Pin to quick picksBritish American Tobacco Share News (BATS)

Share Price Information for British American Tobacco (BATS)

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Share Price: 2,381.00
Bid: 2,383.00
Ask: 2,384.00
Change: -9.00 (-0.38%)
Spread: 1.00 (0.042%)
Open: 2,395.00
High: 2,397.00
Low: 2,378.00
Prev. Close: 2,390.00
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Ban flavoured vapes, WHO says, urging tobacco-style controls

Thu, 14th Dec 2023 08:00

LONDON, Dec 14 (Reuters) - The World Health Organization (WHO) on Thursday urged governments to treat e-cigarettes similarly to tobacco and ban all flavours, threatening cigarette companies' bets on smoking alternatives.

Some researchers, campaigners and governments see e-cigarettes, or vapes, as a key tool in reducing the death and disease caused by smoking. But the U.N. agency said "urgent measures" were needed to control them.

Citing studies, it said there was insufficient evidence that vapes helped smokers quit, that they were harmful to health and that they could drive nicotine addiction among non-smokers, especially children and young people.

More 13-15 year olds are using vapes than adults in all WHO regions helped by aggressive marketing, it continued.

"Kids are being recruited and trapped at an early age to use e-cigarettes and may get hooked to nicotine," said Tedros Adhanom Ghebreyesus, WHO Director-General, urging countries to implement strict measures.

The WHO called for changes, including bans on all flavouring agents like menthol, and the application of tobacco control measures to vapes. Those include high taxes and bans on use in public places.

The WHO has no authority over national regulations, and only provides guidance. But its recommendations are often adopted voluntarily.

The WHO and some other anti-tobacco organisations are pushing for stricter regulations on newer nicotine products, taking aim at the alternatives on which some cigarette giants like Philip Morris International and British American Tobacco are basing their future strategies.

Major tobacco companies are hoping to build new revenue streams from cigarette alternatives as ever-stricter rules and falling smoking rates squeeze their traditional businesses in some markets.

The industry says vapes pose significantly lower health risks than tobacco and can help reduce its harms, with some flavours and lower prices important to encouraging smokers to switch - a position shared by some tobacco control advocates.

The WHO said vapes generate substances, some of which are known to cause cancer, and pose risks to heart and lung health. They can also harm brain development in young people, it said, citing studies. (Reporting by Emma Rumney; Editing by Sharon Singleton)

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6 Dec 2023 07:13

BAT takes £25bn impairment as it accelerates shift to smokeless future

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1 Dec 2023 09:30

LONDON BROKER RATINGS: UBS lifts Antofagasta and Anglo American to buy

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(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

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(Alliance News) - The following London-listed shares received analyst recommendations on Friday and Thursday.

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14 Nov 2023 12:00

LONDON MARKET MIDDAY: FTSE 100 underperforms before US inflation

(Alliance News) - London's FTSE 100 went into Tuesday afternoon in the red, hurt by a stronger pound, though European peers were in better shape ahead of a key US inflation reading.

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6 Nov 2023 15:06

BAT to make further investment in Organigram, shares surge

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2 Nov 2023 07:53

IN BRIEF: Soraya Benchikh returns to British American Tobacco as CFO

British American Tobacco PLC - London-based cigarettes, tobacco and other nicotine products maker - Appoints Soraya Benchikh as the new chief financial officer May 1, 2024. The Diageo PLC executive will succeed Javed Iqbal, who will continue to serve as interim finance director until April 30, 2024. She joined Diageo in 2020 and she previously spent 20 years at BAT where she served as president of BAT France, area director for East and Southern Africa, and regional finance director for Europe. The CFO post was left vacant after Finance Director Tadeu Marroco was promoted as chief executive in May this year, replacing Jack Bowles.

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2 Nov 2023 07:34

BAT poaches Diageo president to be new CFO

(Sharecast News) - Tobacco giant British American Tobacco said on Thursday that it is stealing back a BAT veteran from Diageo to serve as its new chief financial officer.

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27 Oct 2023 15:46

UK dividends calendar - next 7 days

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16 Oct 2023 12:03

LONDON MARKET MIDDAY: Stocks mixed on conflict and US earnings nerves

(Alliance News) - Global markets got off to a muted start to the week, with tensions in the Middle East, and some trepidation ahead of US corporate earnings keeping a lid on equities.

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13 Oct 2023 16:45

London close: Stocks finish lower on global stability concerns

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13 Oct 2023 09:25

LONDON BROKER RATINGS: Stifel says hold S&N; JPM neutral on Deliveroo

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13 Oct 2023 08:52

LONDON MARKET OPEN: FTSE 100 resilient amid downbeat global trading

(Alliance News) - Stock prices in London opened mixed on Friday, as investors continued to digest a stubborn US inflation print and the latest series of economic data from China.

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13 Oct 2023 07:50

IN BRIEF: British American Tobacco names first chief people officer

British American Tobacco PLC - London-based cigarettes, tobacco and other nicotine products maker - Appoints Cora Koppe-Stahrenberg to the new role of chief people officer, with effect from November 1. Koppe-Stahrenberg will join the company's management board. She was most recently global head of human resources of Fresenius Medical Care AG & Co KGaA, a publicly listed global healthcare company.

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FDA blocks six British American Tobacco vape flavours

(Sharecast News) - Shares in British American Tobacco came under pressure on Friday, after US authorities cracked down on some of its flavoured vapes.

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