Category : Search result: tobacco shares


Imperial Brands shares plunge after Germany exit

Tobacco giant Imperial Brands faces shareholder backlash as it confirms plans to withdraw from the German market, triggering a significant stock price drop and raising questions about strategic direction.

Elon Musk loses $18bn as Tesla shares crash

Elon Musk's net worth plunges dramatically as Tesla shares nosedive following disappointing earnings and production concerns, wiping out billions in market value.

Aussie Mining Stock Skyrockets Nearly 500% in Shock Rally

In one of the most remarkable stock market performances of the year, little-known mining company Flynn Gold witnesses near-500% share price explosion, defying market expectations and creating millionaires overnight.

AG Barr Scottish Shares Fall Amid Brexit Trade Issues

Irn-Bru manufacturer AG Barr sees Scottish shares tumble as Brexit trade barriers and supply chain issues impact the iconic soft drink business. Exclusive analysis reveals the challenges facing Scottish producers.

Kingfisher Shares Dive on OECD UK Warning

B&Q owner Kingfisher hit by market turmoil following OECD's downgraded UK growth forecast, as Chancellor Rachel Reeves faces immediate economic pressure.

Pets at Home CEO exits after two years, shares plunge

In a sudden move, Pets at Home CEO Lyssa McGowan steps down after a challenging two-year tenure. The surprise leadership shake-up triggers a sharp drop in the company's share price and raises questions about the pet retail giant's future strategy.

Smoking kills 8 million people a year, report reveals

A landmark global health report exposes the devastating toll of smoking, with 8 million deaths per year and a profound impact on both smokers and those exposed to second-hand smoke. Experts are calling for urgent government action.

Tesla Shares Crash After Musk's $56bn Pay Deal Rejected

Tesla faces a staggering $50bn market valuation loss as shareholders reject Elon Musk's colossal $56bn pay package, triggering a dramatic share price collapse and raising serious corporate governance concerns.

UK Declares War on Tobacco & Alcohol Giants

Ministers are preparing a major crackdown on tobacco and alcohol industries, with stricter regulations, plain packaging, and advertising bans to tackle the UK's preventable disease crisis.

THG Shares Crash 30% on MyProtein Sales Slump

THG faces a severe stock market crash after reporting disappointing Q3 revenue, with its key MyProtein brand struggling in European markets. The company slashes its full-year profit forecast, sparking investor panic.

Elon Musk Loses World's Richest Title After $13B Wipeout

Elon Musk's fortune has dramatically declined by over $13 billion in a single day as Tesla shares plummet, dethroning him from his position as the world's wealthiest person amidst a challenging market period for his companies.

Elon Musk Loses $56bn as Tesla Stock Tumbles

Tesla's stock market crisis has triggered a staggering $56 billion collapse in Elon Musk's net worth, marking one of the most dramatic wealth destructions in corporate history and raising serious questions about the electric car giant's future.

Zuckerberg Sues Facebook Co-Founder in Legal Battle

Meta CEO Mark Zuckerberg files a bombshell lawsuit against fellow Facebook co-founder Eduardo Saverin, alleging a clandestine scheme to sell his stake in a secretive holding company. The high-stakes legal drama unfolds in Delaware's Chancery Court.

Revolut valuation hits £75bn, staff set for huge payout

British fintech giant Revolut secures a staggering £75 billion valuation in its latest funding round, setting the stage for a multi-million pound windfall for its 10,000+ employees through a new share scheme.

Trump's Tariff Talk Tanks Global Markets

Global financial markets reel as former President Donald Trump floats aggressive 60% tariffs on Chinese goods, sparking fears of a renewed trade war and economic instability.

Australia's cig price hike fuels black market boom

The Australian government's new 7% tobacco tax increase, aimed at improving public health, is fuelling a rampant black market for cigarettes, raising concerns about lost tax revenue and organised crime.

UK Bank Shares Plunge on Budget Windfall Tax Reports

UK banking stocks suffered a dramatic sell-off following reports that Rachel Reeves is considering a new windfall tax on lenders in the upcoming autumn budget. The proposal, aimed at funding national priorities, sent shockwaves through the financial secto

FTSE 100 Reshuffle: Aviva, Anglo American Out, Auto Trader In

The London Stock Exchange's premier index, the FTSE 100, is poised for a significant quarterly reshuffle. Insurance giant Aviva and mining titan Anglo American are set to be demoted, while online car marketplace Auto Trader is on track for promotion, refl

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