Nicotine is so toxic that it’s been used as a pesticide, and less than a teaspoon can kill a person. With the advent of electronic cigarettes, that potency is creating an opportunity for pharmaceutical companies that can assure the purity and quality of the drug.
British American Tobacco Plc, Europe’s largest cigarette maker, plans to introduce a second e- cigarette in 2015 after identifying failure to progress in non- tobacco products as one of the main risks for the business.
U.K. stocks fell for the first time in seven days as Tate & Lyle Plc and Rolls-Royce Holdings Plc published disappointing forecasts, while data showed U.S. retail sales declined in January and jobless-benefit claims increased.
Standing outside a Cinnabon store in the mountains in Sochi, Ksenia Zotova dragged on a menthol cigarette and said she didn’t realize Russia planned to make the Winter Olympics its biggest-ever smoke-free event.
U.K. stocks slid for a fifth day as shares of Vodafone Group Plc and BG Group Plc tumbled and a selloff in emerging-market currencies fueled concern about the global economic recovery’s sustainability.