Altria Group

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Ryanair was one of the few to stay in positive territory, closing up 1.5 per cent as it and other low-fare airlines continued to benefit from the the fallout from Thomas Cook

European shares closed at a two-week low on Wednesday on investor fears about an impeachment inquiry into US president Donald Trump and worsening rhet(...)

A person familiar with the situation said Philip Morris International  decided to walk away after it became apparent the US government crackdown on vaping could have a negative impact given Altria’s stake in Juul. Photograph: Eva Hambach/AFP/Getty Images

The regulatory crackdown on e-cigarettes has prompted Philip Morris International to call off talks about a $200 billion merger with Altria and sparke(...)

Photograph: iStock

The e-cigarette was supposed to be the future of tobacco - an innovation marketed as “reduced risk” that could offer a growth story to an industry who(...)

Philip Morris  sells Marlboro and other brands outside the country while Altria sells inside the US.

Investors wiped $13 billion (€11.7 billion) off the combined market value of Altria and Philip Morris International (PMI) on Tuesday after the revelat(...)

By Tuesday afternoon, equity indexes on Wall Street had given up earlier gains amid uncertainty over the prospects for a US-China trade deal.

European shares rose comfortably on Tuesday, led by Italian stocks on hopes of an arrangement to form a new coalition government in Rome, while Beijin(...)

Philip Morris International is in merger talks with Altria in a deal that would combine the international and US makers of Marlboro, creating a tobacco giant with a market value of more than $210 billion. Photograph: Fabrice Coffrini / AFP / Getty Images

Philip Morris International is in merger talks with Altria in a deal that would combine the international and US makers of Marlboro, creating a tobacc(...)

Health authorities in several European countries regard vapes as a less harmful alternative to tobacco, but the Government has not taken a position. Photograph: iStock

Service station chain Applegreen began selling Juul e-cigarettes on Thursday under a new deal agreed by the the two companies. Juul Labs, 35 per cent(...)

Markets took fright as US president Donald Trump warned China against waiting out his first term to finalise any trade deal, saying the outcome could be no agreement or a worse one. Photograph: Andrew Caballero-Reynolds/AFP/Getty Images

Irish shares suffered their biggest sell-off since the middle of December on Tuesday, with banks among the worst performers, as concerns over a no-dea(...)

The Republic is Juul’s 10th territory. It sells in the US, Canada, Britain and several other European Union countries, along with Russia and Israel. Photograph: Rolex Dela Pena/EPA

US e-cigarette maker Juul Labs is targeting the Republic’s 830,000 smokers following its launch here on Tuesday. Juul, 35 per cent owned by Marlboro (...)

A still from The Big Short. Steve Carrell (seated in centre) plays Mark Baum, a character based on Steve Eisman.

Steve Eisman shot to fame after Michael Lewis’s book The Big Short, which homed in on his profitable bets on the US housing market collapse which tipp(...)

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