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British American Tobacco Writes Down $31.5B for Declining US Cigarette Brands, UK

British American Tobacco writes down $31.5B for declining US cigarette brands, signaling the need for the tobacco industry to shift focus to alternatives. BAT aims to generate 50% of revenues from non-combustible products by 2035. Shares decline, but company remains determined to adapt.

St Barbara Faces Major Writedown in Canada Permit Dispute

Australian gold mining company, St Barbara, faces a major writedown in Canada due to a long-running permit dispute. The potential loss of up to $85 million highlights the seriousness of the situation and the company's need to find a resolution.

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British American Tobacco Writes Down $31.5B for Declining US Cigarette Brands, UK

British American Tobacco writes down $31.5B for declining US cigarette brands, signaling the need for the tobacco industry to shift focus to alternatives. BAT aims to generate 50% of revenues from non-combustible products by 2035. Shares decline, but company remains determined to adapt.

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