UK inflation hits 8-month high

British inflation reached 2.6% in November, an eight-month high, while services inflation remained steady, influencing Bank of England's interest rate expectations.

FDA seeks to cut nicotine in cigarettes, tobacco stocks dip following NYT report

Altria and Philip Morris stocks declined after the FDA proposed reducing nicotine in cigarettes. The initiative aims to improve public health but faces significant industry resistance.

Lucky Strike maker BAT sees stronger H2 revenue growth in new category, combustibles

British American Tobacco forecasts stronger revenue growth in vapes and nicotine products, driven by U.S. investments, while preparing for a significant lawsuit settlement in Canada.

US Supreme Court rejects tobacco firms' appeal over graphic warnings

Big Tobacco nears $24 billion settlement to end Canada lawsuits

Philip Morris, British American Tobacco, and Japan Tobacco may settle a C$32.5 billion lawsuit in Canada, marking a significant moment for tobacco product liability and consumer warning responsibilities.

Analysis-Dominating US cigarette sales, a combined 7-Eleven, Circle K would face risk from vapes, cheap smokes