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The Latest Breaking News from British American Tobacco

British American Tobacco fined for North Korea sanctions breaches

The world’s second-largest tobacco company has agreed to pay $635m (£510m) in fines plus interest after a subsidiary admitted violating sanctions by selling cigarettes to North Korea.

The Week

British American Tobacco fined $635 million for violating sanctions on North Korea

British American Tobacco (BAT) has been fined $635 million for breaching sanctions on North Korea. The British multinational, a leader in the sale of tobacco products, will pay the record sum to US authorities. BAT's Singapore subsidiary admitted to selling cigarettes to North Korea over a decade between 2007 and…

France 24

A tobacco giant will pay $629 million for violating U.S. sanctions against North Korea

British American Tobacco, one of the largest tobacco companies in the world, agreed to settle allegations that it did illegal business with Pyongyang in violation of U.S. sanctions.

WEKU

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Tobacco company settles with US over business in North Korea

The Justice Department says a British tobacco company has agreed to a $629 million settlement to resolve allegations that it did illegal business with North Korea in violation of U.S. sanctions

The Independent UK

British American Tobacco director joins THG board

She succeeds Damian Sanders, who was recently named THG's chief financial officer

Birmingham Post

Tobacco firm's report to trading standards officers sparks 'vape war'

British American Tobacco reported China's Elfbar, alleging that they had sold vapes with more nicotine liquid than is permitted, with anti-smoking groups accusing BAT of starting a 'vape war'

Daily Mirror

3 High-Yield Dividend Stocks With More Than 30% Potential Upside, According to Wall Street

High-yield dividend stocks offer investors an opportunity to generate considerable income from their investments. Here are three high-yield stocks Wall Street is bullish on.

Barchart

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Bruce Lehrmann told employer he didn't think initial reporting of Brittany Higgins's rape allegations referred to him, court documents show

Court documents reveal Bruce Lehrmann expressed shock when his then-employer told him that he was the person accused of raping Brittany Higgins at Parliament House. Mr Lehrmann says he is innocent and there have been no findings against him.

ABC News

Tobacco-linked organisations and executives fail to declare interests to TGA vaping inquiry

Known links to tobacco multinationals and vaping lobby groups omitted in submissions to federal government consultation on reform

The Guardian - AU

'Coming for you': Lehrmann threatened in email before Higgins went public

The anonymous email was sent on the night Grace Tame was named the 2021 Australian of the Year.

The Canberra Times

Pro-tobacco lobbyists circle Australian government’s proposed vaping reforms

As the TGA considers at least 4,000 submissions, tobacco companies appear to be heightening lobbying efforts

The Guardian - AU

UK ambassador to Yemen took part in opening of Jordanian cigarette factory

Michael Aron praised facility part-owned by British American Tobacco at ribbon-cutting event in 2019

The Guardian - UK

Facebook ads opposing a ban on vaping in Australia failed to disclose tobacco company backing

Meta says it removed ads for failing to state they were sponsored by an initiative of British American Tobacco Australia

The Guardian - AU

Australia has a vaping problem, but no easy health or political solution

Depending on who you listen to, vaping is either a public health solution, or a public health crisis, and what to do about it is on the minds of health ministers who'll discuss the issue today.

ABC News

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Evening Standard

FTSE 100 Live: Unilever price warning, AstraZeneca and BAT post results

Blue-chip companies Unilever, AstraZeneca and British American Tobacco today lead a busy session for end-of-year corporate earnings.

The Conversation

Why Big Tobacco's attempts to rehabilitate its image are so dangerous

In September, Imperial Tobacco Canada, the Canadian subsidiary of British American Tobacco, was awarded the “Great Place to Work” certification, one of the leading authorities on workplace culture.

Evening Standard

Vaping helps British American Tobacco reach over 20 million cigarette-free customers

Revenues from vaping rise nearly 50% to £590 million within overall first-half sales of almost £13 billion

Radio France Internationale

Tobacco industry slammed for 'talking trash' over green credentials

A report published Thursday has lit a fire under the tobacco industry, which it accuses of causing widespread environmental harm while greenwashing its products and practices in order to mask the real damage.

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Benzinga

Could Biden Extinguish Tobacco Stocks With This Regulation?

The U.S. government could be speeding up a plan to ban menthol cigarettes, according to a new report. Here’s the new timeline and two stocks that could be affected.

The Guardian - UK

British American Tobacco halts Russia sales after U-turn

Owner of brands including Rothmans had said it would still sell products – but will now pull out

The Guardian - UK

Beyond the smoke screen it’s business as usual in Russia for British American Tobacco

A BAT statement strained to create the impression of change, but any specific action was lost in a fog of corporate-speak

The Guardian - UK

British American Tobacco to continue selling cigarettes in Russia

London-based Rothmans maker says it will abide by sanctions instead of halting operations in country

Daily Mirror

Uniqlo says it has no plans to close stores in Russia because clothes are a 'necessity'

Cadbury owner Mondelez, Dettol maker Reckitt and Dunhill and Lucky Strike maker British American Tobacco (BAT) are also among brands continuing to trade in Russia

Benzinga

This Favorable Sign Appears On British American Tobacco's Chart

If history is any guide, there may be good fortune ahead for shares of British American Tobacco (NYSE:BTI). A so-called "golden cross" has formed on its chart and, not surprisingly, this could be bullish for the stock.

Newslaundry

RSS arm bats for ITC, but says it doesn’t support tobacco

Swadeshi Jagran Manch’s (SJM) endorsement for using Indian conglomerate ITC’s Fast Moving Consumer Goods (FMCG) products over that of multinational companies comes as a bit of a surprise. SJM is, after all, an arm of the right-wing group, Rashtriya Swayamsevak Sangh (RSS).

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