Imperial Brands Stock News

(Reuters) – Imperial Brands said on Tuesday its exit from Russia would have a small impact on annual profit and the cigarette maker has started talks with a third party to transfer the assets due to the Ukraine crisis.

Imperial Brands flags small profit hit from Russia exit

Imperial Brands PLC (LSE:IMB) is in negotiations to sell its Russian assets and operations as the group tries to cut ties with the country. The tobacco maker employs 1,000 people in Russia in sales an

Imperial Brands said on Tuesday its exit from Russia would have a small impact on annual profit and the cigarette maker has started talks with a third party to transfer the assets due to the Ukraine c

Beer giant Heineken and cigarette maker Imperial Brands have joined a growing list of firms to halt operations in Russia amid a corporate exodus from the country in response to the Ukraine conflict.

The list of businesses cutting their ties to Russia is growing longer as Nestle, Philip Morris and Imperial Brands halt investment over the invasion of Ukraine.

Cigarette maker Philip Morris International Inc (NYSE: PM ) is the latest joiner in the list of multinationals stepping back from Russia. Nestle SA (OTC: NSRGY ) and Imperial Brands PLC (OTC: IMBBY ) have also joined the list of companies giving in to pressure from consumers to take … Full story available on Benzinga.com

MOSCOW/KYIV. March 9 (Interfax/Interfax-Ukraine) – Imperial Brands has suspended business in Russia.

The list of brands pulling out of Russia is growing by the minute, with the owner of KFC and Pizza Hut, along with Mothercare, Heineken, Universal Music Group and Imperial Brands becoming… The post Heineken, McDonald’s, Starbucks, Coca-Cola and Pepsi ditch Russian operations appeared first on London Business News | Londonlovesbusiness.com .

Coca-Cola, Starbucks and McDonald’s said on Tuesday they were all suspending operations in Russia amid a growing consumer backlash.

Coca-Cola, Starbucks and McDonald’s said on Tuesday they were all suspending operations in Russia amid a growing consumer backlash.

The corporate boycott of Russia over war in Ukraine gathered pace today, at the same time as a string of Russian businesses listed in London were forced to reassure investors over sanctions.

Imperial Brands has suspended all operations in Russia, following international sanctions against the country in response to Moscow''s invasion of Ukraine, the maker of Winston cigarettes and Backwoods cigars said today.

Maker of JPS and Winston cigarettes Imperial Brands has suspended all operations in Russia, including production at its factory in Volgograd and sales and

U.S. levels sanctions against Russian banks and financial institutions in the wake of its attack on Ukraine.