Donskoy Tabak, Russia’s largest independent tobacco company, is working with JPMorgan Chase & Co. to help it find a buyer amid a government crackdown on smoking, according to people familiar with the matter.
An Imperial Tobacco Group Plc unit sued a Lorillard Inc. subsidiary, NJOY Inc., Vapor Corp. and eight other makers of electronic cigarettes in the U.S., alleging they infringed its intellectual property.
An Imperial Tobacco Group Plc unit sued Lorillard Inc., NJOY Inc., Vapor Corp. and eight other makers of electronic cigarettes in U.S. patent lawsuits alleging they infringed its intellectual property.
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.
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.