BAT first-half sales top estimates buoyed by cigarette alternatives

British American Tobacco (BATS.L) on Wednesday backed its full-year outlook after reporting stronger-than-expected rise in first-half revenue, driven by strong demand for its vaping and oral nicotine products. The FTSE-listed company said 2.6 million more customers took up its cigarette alternative products such as Vuse e-cigarettes and Velo oral nicotine pouches in the first half […]

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China state-owned daily urges calm after market rout

A Chinese state-owned securities newspaper urged calm on Wednesday after investors dumped mainland shares for a second day on worries over the impact of tighter government regulations. Regulatory moves aimed at the education, property and technology sectors sparked heavy selling this week in Chinese markets, and have left global investors bruised and uncertain over the […]

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