Tag: $British American Tobacco

Cigarette makers Philip Morris, British American Tobacco and Japan Tobacco  will pay C$32.5 billion ($23.6 billion) to settle a long-running tobacco lawsuit in Canada, as part of a court-appointed mediator’s proposed plan, Philip Morris said on Friday.

British American Tobacco kept its 2024 outlook unchanged but forecast a softer first-half performance as it continues to cope with macroeconomic pressures in its key U.S. market.

British American Tobacco appointed finance director Tadeu Marroco as CEO on Monday, succeeding Jack Bowles who is stepping down after about four years.