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Headlines Tagged with BAT 7,445 headlines found

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[Africa] U.K. regulators confirm investigation into BAT bribery allegations

Myers said the group “urges” the U.S. Justice Department “to also investigate the company’s alleged misconduct”as part of its full ownership of Reynolds. Myers used the investigation as another public advocacy moment, saying the allegations are “a remin
Winston-Salem (NC) Journal
added Aug 3, 2017 15:09
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[North Carolina] Reynolds ends public corporate life with 15 percent jump in quarterly profit

Reynolds American Inc. finished its final full quarter as an independent corporation with a 15.4 percent increase in second-quarter net income to $919 million. British American Tobacco Plc completed July 25 the purchase of the 57.8 percent of Reynolds i
Winston-Salem (NC) Journal
added Aug 3, 2017 15:08
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Japan Tobacco loses ground to rivals in next-generation vaping

admitted on Wednesday that it has fallen behind international rivals in a battle to dominate the potential $10bn domestic Japanese market for next-generation vaping devices... “It’s a pity we fell behind when IQOS and [BAT’s] Glo appeared,” said executiv
Financial Times (uk)
added Aug 3, 2017 00:39
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[Africa, UK] Serious Fraud Office opens investigation into BAT bribery claims

Allegations that British American Tobacco was involved in bribery and corruption in Africa are being investigated by the Serious Fraud Office, despite the cigarette company’s attempts to downplay the significance of a whistleblower who handed over a doss
The Guardian (uk)
added Aug 2, 2017 14:31
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[Africa, UK] British American Tobacco Feels The Burn Again As Serious Fraud Office Investigates

BAT shares were marked 2% higher in the opening 30 minutes of trading in London and changing hands at 4,803 pence each after having fallen around 11.8% over the past two sessions. The Food & Drug Administration sent shares of tobacco companies like B
thestreet.com
added Aug 1, 2017 18:37
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[UK] BAT Faces Full U.K. Probe Into African Tobacco Bribe Report

“The case is one man’s word against another’s,” Duncan Fox, an analyst at Bloomberg Intelligence, said of the SFO probe. “For BAT, the situation with the FDA will lead to a new regulatory environment and that is of far greater importance right now.” The
Bloomberg News
added Aug 1, 2017 17:48
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[Africa, UK] BAT delivered fresh blow to scupper bond plans

plans for a jumbo multi-currency debt sale, expected this week, have likely been scuppered after the company suffered a fresh blow of corruption allegations on Tuesday. The company and its subsidiaries are being investigated for corruption by Britain's S
Reuters
added Aug 1, 2017 17:09
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[Africa, UK] Britain investigates British American Tobacco for corruption

Britain has opened a formal investigation into suspicions of corruption at British American Tobacco (BAT) (BATS.L) and its subsidiaries, nearly two years after allegations of bribery in Africa first surfaced.
Reuters
added Aug 1, 2017 17:09
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[Africa, UK] Update on Ongoing Investigation into Misconduct Allegations

we are investigating, through external legal advisers, allegations of misconduct. We have been co-operating with the Serious Fraud Office (“SFO”) and [BAT] has been informed that the SFO has now opened a formal investigation. BAT intends to co-operate wit
British American Tobacco (BAT)
added Aug 1, 2017 17:03
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[Africa, Kenya, UK] BAT investigated by Serious Fraud Office over bribery allegations

is under formal investigation by the UK’s Serious Fraud Office over claims that it bribed officials in east Africa to undermine anti-smoking laws. The company said on Tuesday that it and its lawyers had been investigating “allegations of misconduct”, and
Financial Times (uk)
added Aug 1, 2017 15:28
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