Roundtable Discussion; The Future of Mineral Sands. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksBritish American Tobacco Share News (BATS)

Share Price Information for British American Tobacco (BATS)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 2,381.00
Bid: 2,381.00
Ask: 2,382.00
Change: 10.00 (0.42%)
Spread: 1.00 (0.042%)
Open: 2,371.00
High: 2,381.00
Low: 2,362.00
Prev. Close: 2,371.00
BATS Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UPDATE 3-Brazil for first time votes against U.N. call for end to U.S. embargo on Cuba

Thu, 07th Nov 2019 17:41

(Adds comment by Brazilian president)

By Michelle Nichols

UNITED NATIONS, Nov 7 (Reuters) - Brazil voted for the first
time with the United States on Thursday against an annual United
Nations resolution condemning and calling for an end to
Washington's economic embargo on Communist-ruled Cuba, while
Colombia and Ukraine abstained.

The 193-member General Assembly still overwhelmingly adopted
the resolution for the 28th year with 187 votes in favor. U.S.
ally Israel also voted no and Moldova did not vote. The U.N.
vote can carry political weight, but only the U.S. Congress can
lift the more than 50-year-old embargo.

The policy shift by Brazil represents the latest attempt by
President Jair Bolsonaro to draw closer to U.S. President Donald
Trump since taking office in January but runs against the
interest of some major Brazilian firms.

Brazil's Souza Cruz Ltda, owned by British American Tobacco
PLC, has a joint venture in Havana that makes most of
the cigarettes in Cuba. Traditionally, Brazil has objected to
how the U.S. applied its domestic politics to foreign policy,
punishing companies from countries that trade or invest in Cuba.

But the country's right-wing president said Brazil would now
back the embargo.

"Is Cuba a democracy? No. It's a dictatorship and should be
treated as such," Bolsonaro said in a live online broadcast.

His foreign minister Ernesto Araujo said Cuba was a
communist state that had not stopped exporting revolution and
was propping up Venezuela's government, which he called "the
worst dictatorship in the history of the continent."

"It's time to stop flattering Cuba. The influence Cuba has
over developing countries in the U.N. system is shameful and
should be broken," Araujo said on Twitter.

Colombia's abstention follows a chill in its relations with
Cuba.

Cuba once hosted peace talks between Colombia and its
National Liberation Army (ELN) rebel group, but Havana's refusal
to extradite three guerrilla commanders after negotiations broke
down has led to repeated criticism from the government of
President Ivan Duque.

Colombia abstained from the vote because of Cuba's "hostile
attitude" toward its extradition requests for the "confessed
terrorists" and its support for Venezuelan President Nicolas
Maduro, the foreign ministry said in a statement.

The United States consistently voted against the U.N.
resolutions for 24 years but abstained for the first time in
2016 under former President Barack Obama, as Washington and
Havana forged a closer relationship.

Relations have deteriorated sharply under Trump, returning
to Cold War characterizations of Cuba and tightening trade and
travel restrictions that had been eased by Obama.

"The United States is not responsible for the Cuban regime's
endless abuses of its people," U.S. Ambassador to the United
Nations Kelly Craft told the General Assembly ahead of the vote.

"It is our first responsibility as leaders to defend those
without a voice, today most especially the people of Cuba. Shame
be upon us if we refuse to raise our voices in defense of
theirs," Craft said.

Last year the United States proposed eight amendments to the
resolution to push Cuba to improve its human rights record, but
all of the proposals failed.

Cuban Foreign Minister Bruno Rodriguez rejected U.S.
criticism of Cuba's human rights record, accusing Washington of
manipulating "human rights for political purposes and we reject
double standards."

"The U.S. government does not have the slightest moral
authority to criticize Cuba or any other country when it comes
to human rights," he told the U.N. General Assembly, citing an
opioid crisis, gun violence, poverty and unemployment in the
United States.
(Additional reporting by Julia Cobb in Bogota, Lisandra
Paraguassu and Anthony Boadle in Brasilia; Editing by Chizu
Nomiyama, Grant McCool and Daniel Wallis)

More News
16 Feb 2024 12:04

IN BRIEF: British American Tobacco prices USD1.70 billion bond offer

British American Tobacco PLC - London-based maker of cigarettes and vapes - Prices an offering of USD1.70 billion guaranteed bonds. These issues consist of USD850.0 million 5.834% notes due 2031, and USD850.0 million 6.000% notes due 2034. Says its subsidiary BAT Capital Corp is issuing these notes. Says notes will be fully and unconditionally guaranteed by the group. The issuance of the notes is expected to close on Tuesday next week, subject to customary closing conditions. BAT intends to use the net proceeds of the offering of the notes for general corporate purposes, including the potential repayment of existing indebtedness.

Read more
14 Feb 2024 09:17

Italian watchdog fines BAT and Amazon combined €7m

(Sharecast News) - British American Tobacco and Amazon have been fined a total of €7m by Italy's competition watchdog over "misleading" advertising.

Read more
12 Feb 2024 09:41

LONDON BROKER RATINGS: Deutsche Bank starts Deliveroo at 'buy'

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

Read more
8 Feb 2024 17:00

LONDON MARKET CLOSE: Softer earnings weigh on underperforming FTSE 100

(Alliance News) - London's FTSE 100 ended lower on Thursday, with mixed corporate updates keeping a lid on enthusiasm, while in New York the S&P 500 has the 5,000 point mark in touching distance.

Read more
8 Feb 2024 14:42

London close: Stocks slip as US jobless claims fall

(Sharecast News) - London markets experienced a downturn in trading on Thursday, with stocks relinquishing earlier gains as investors processed a decrease in jobless claims in the United States.

Read more
8 Feb 2024 12:08

LONDON MARKET MIDDAY: DS Smith surges on takeover approach from Mondi

(Alliance News) - Stock prices in London were mixed at midday Thursday, as markets struggled to find direction amid a mixed wave of corporate updates and earnings.

Read more
8 Feb 2024 09:02

TOP NEWS: British American Tobacco shares up despite swing to loss

(Alliance News) - British American Tobacco PLC on Thursday said it was committed to dividend growth as it reported a swing to a loss amid a decline in revenue.

Read more
8 Feb 2024 08:59

LONDON MARKET OPEN: Unilever up on buyback; BAT ups dividend

(Alliance News) - THE FTSE 100 in London opened slightly higher on Thursday, with earnings from British American Tobacco and Unilever boosting the index.

Read more
8 Feb 2024 08:01

British American Tobacco swings to loss on US writedown

(Sharecast News) - British American Tobacco said on Thursday that it swung to a full-year loss mainly due to an impairment charge related to its US business.

Read more
8 Feb 2024 07:50

LONDON BRIEFING: Unilever sets new buyback; Astra profit surges

(Alliance News) - Stocks in London are called to open slightly higher on Thursday, as investors eye a busy day of earnings.

Read more
6 Feb 2024 08:21

IN BRIEF: British American Tobacco makes Holly Koeppel senior director

British American Tobacco PLC - London-based maker of cigarettes and vapes - Promotes Holly Keller Koeppel to senior independent director, replacing Sue Farr, who will leave the board at the annual general meeting on April 24. Farr and Dimitri Panayotopoulos will step down as directors, having served for nine years. Koeppel has been a BAT non-executive director since July 2017, joining as part of BAT's acquisition of all of tobacco peer Reynolds American Inc. She had worked at Citi Infrastucture Investors.

Read more
2 Feb 2024 16:59

London close: Stocks mixed as US payrolls come in red-hot

(Sharecast News) - London's stock markets closed with mixed results on Friday, as investors were confronted by an unexpectedly strong US labour market as revealed in the latest US non-farm payrolls report.

Read more
2 Feb 2024 13:41

BAT, Philip Morris settle patent infringement litigations over heated tobacco, vapour products

(Sharecast News) - British American Tobacco said on Friday that it has reached a global settlement with Philip Morris International to resolve all ongoing patent infringement litigations between the two related to its heated tobacco and vapour products.

Read more
2 Feb 2024 12:47

TOP NEWS: Philip Morris and British American Tobacco halt patent fight

(Alliance News) - Philip Morris International Inc and British American Tobacco PLC on Friday said that they had reached a global settlement following months of litigation over non-smoke tobacco products.

Read more
1 Feb 2024 15:52

UK earnings, trading statements calendar - next 7 days

Friday 2 February 
YouGov PLCTrading Statement
Monday 5 February 
Home REIT PLCTrading Statement
Porvair PLCFull Year Results
Trident Royalties PLCTrading Statement
Vodafone Group PLCTrading Statement
Tuesday 6 February 
Alumasc Group PLCHalf Year Results
BP PLCFull Year Results
Filtronic PLCHalf Year Results
Mattioli Woods PLCHalf Year Results
Renishaw PLCHalf Year Results
Virgin Money UK PLCTrading Statement
Wednesday 7 February 
Ashmore Group PLCHalf Year Results
Barratt Developments PLCHalf Year Results
HydrogenOne Capital Growth PLCTrading Statement
Phoenix Spree Deutschland LtdTrading Statement
PZ Cussons PLCHalf Year Results
Smurfit Kappa Group PLCFull Year Results
UK Commercial Property REIT LtdTrading Statement
Thursday 8 February 
Anglo American PLCTrading Statement
AstraZeneca PLCFull Year Results
British American Tobacco PLCFull Year Results
Compass Group PLCTrading Statement
Redrow PLCHalf Year Results
SSE PLCTrading Statement
Unilever PLCFull Year Results
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.