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Share Price Information for Imperial Brands (IMB)

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Share Price: 1,941.00
Bid: 1,936.00
Ask: 1,937.00
Change: 16.50 (0.86%)
Spread: 1.00 (0.052%)
Open: 1,924.00
High: 1,941.00
Low: 1,921.00
Prev. Close: 1,924.50
IMB Live PriceLast checked at -

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Ban flavoured vapes, WHO says, urging tobacco-style controls

Thu, 14th Dec 2023 15:35

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.

Industry players like Imperial Tobacco and the UK Vaping Industry Association said vapes pose significantly lower health risks than tobacco and help reduce its harms, while flavours are key in encouraging smokers to switch - a position shared by some tobacco control advocates.

Cancer Research UK, for example, says that while e-cigarettes are not risk-free and should only be used to stop smoking, there is no good evidence they cause cancer, whereas smoking causes at least 15 different kinds.

"Regulating vapes like cigarettes would only serve to reinforce misunderstandings about the relative risks of vaping and send the wrong message to smokers," said Marina Murphy, senior director of scientific and medical affairs at vaping firm ANDS, adding the WHO's position was "detached from reality".

The WHO said while long-term health risks were not understood, vapes generated some substances known to cause cancer, posed risks to heart and lung health and could affect brain development in young people. (Reporting by Emma Rumney; Editing by Sharon Singleton and Mark Potter)

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6 Apr 2022 12:16

LONDON MARKET MIDDAY: Stocks slide after Fed Brainard's hawkish turn

(Alliance News) - Stocks in London were lower at midday on Wednesday amid fears the US Federal Reserve will act more aggressively to bring inflation under control as investors await the release of the central bank's minutes from its previous policy meeting.

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6 Apr 2022 09:04

LONDON MARKET OPEN: Imperial Brands rises after backing outlook

(Alliance News) - Stocks in London opened mostly lower on Wednesday as the US ramps up pressure on Russia, while Imperial Brands rose after saying it was on track to deliver full-year results in line with revised guidance.

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6 Apr 2022 08:22

TOP NEWS: Imperial Brands backs outlook despite drab European tobacco

(Alliance News) - Imperial Brands PLC on Wednesday backed annual guidance and added it forecasts a "broadly flat" first-half revenue performance, with tobacco market struggles in Europe offset by progress elsewhere.

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6 Apr 2022 07:51

LONDON MARKET PRE-OPEN: Hilton Food lifts payout; Redrow signs pledge

(Alliance News) - Stocks in London are seen falling on Wednesday following a lower close in the US and weakness in Asia amid fears of aggressive tightening from the US Federal Reserve, ahead of the bank's meeting minutes.

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6 Apr 2022 07:19

Imperial Brands H1 revenues seen broadly flat

(Sharecast News) - Tobacco company Imperial Brands said on Wednesday that it had made "good progress" in delivering on its strategic objectives in the six months ended 31 March, with the group expecting to report broadly flat interim revenues and operating profits as it continued to perform in line with its five-year strategy.

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30 Mar 2022 11:08

LONDON MARKET MIDDAY: Nervy trade amid peace doubts and US yields

(Alliance News) - Blue-chip equities in Europe traded lower midday Wednesday, with markets made uneasy by recent developments in US bond markets and amid doubts about Russia's announcement of a de-escalation of its assault on Ukraine.

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24 Mar 2022 16:02

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16 Mar 2022 09:46

LONDON BROKER RATINGS: SocGen cuts Reckitt; UBS upgrades DS Smith

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

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15 Mar 2022 09:29

Imperial Brands exits Russian business but expects small financial hit

(Alliance News) - Imperial Brands PLC on Tuesday said it anticipates constant currency net revenue be between flat and up 1% in its current financial year, after evaluating the financial fallout of the planned exit from its Russian business and the suspension of operations in Ukraine.

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15 Mar 2022 07:48

LONDON MARKET PRE-OPEN: Lower call; China stocks hit by Covid worry

(Alliance News) - Stocks in London are set to fall on Tuesday, with pandemic lockdowns in China giving investors another reason to sell as Russia's bloody assault on Ukraine continues.

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15 Mar 2022 07:30

Imperial Brands to offload Russian assets

(Sharecast News) - Imperial Brands has started talks to offload its Russian operations, the tobacco giant said on Tuesday.

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9 Mar 2022 10:51

Imperial Brands suspends operations in Russia; about 2% of net sales

(Alliance News) - Imperial Brands PLC said on Wednesday had suspended all operations in Russia.

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9 Mar 2022 10:44

Imperial Brands suspends all Russian operations

(Sharecast News) - Tobacco giant Imperial Brands has suspended all operations in Russia following the country's invasion of neighbouring Ukraine.

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10 Feb 2022 16:08

UK dividends calendar - next 7 days

UK dividends calendar - next 7 days

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1 Feb 2022 14:07

Morgan Stanley ups Imperial Brands to 'equalweight'

(Sharecast News) - Morgan Stanley upgraded its stance on shares of Imperial Brands on Tuesday to 'equalweight' from 'underweight' as it took a look at tobacco stocks.

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