BREAKING NEWS

Britain's Imperial Brands teams up with China Tobacco

By REUTERS

JANUARY 11, 2017 15:36

Britain's Imperial Brands, the world's fourth-biggest tobacco company, said it had formed a joint venture with China National Tobacco (CNTC), as it looks to grow in China and international markets.

Based in Hong Kong, the joint venture - Global Horizon Ventures Limited (GHVL) - will use China's largest tobacco company, Yunnan Tobacco, to grow Imperial's West and Davidoff brands in China.

"Further tobacco and next-generation product launches, as well as potential M&A opportunities, will also be evaluated by GHVL in due course," Imperial Brands said in a statement.

Iran says two French detainees held in good conditions

By REUTERS

11/05/2024 10:14 AM

Police seize 1 million shekels of suspected terror funds from suspect

By JERUSALEM POST STAFF

11/05/2024 08:38 AM

Hostage families, protestors block Ayalon highway

By JERUSALEM POST STAFF

11/05/2024 07:37 AM

Meta to extend ban on new political ads after US election

By REUTERS

11/05/2024 01:17 AM