Emma Rumney

Heineken has pledged to bolster its revenue and cut costs, but investors in the world's No. 2 beer maker say tougher steps, including plant closures, may be needed to get its business up to speed.

British American Tobacco said it has paused a pilot plan to launch an unlicensed disposable vape in the U.S., as the Food and Drug Administration moves to crack down on unregulated products and speed up licences.

Dutch brewer Heineken pledged it could deliver more growth with fewer resources as it pitched an updated five-year strategy to investors on Thursday that will see it focus more heavily on specific brands and markets.

Dutch brewer Heineken warned on Wednesday its 2025 beer sales would fall as macroeconomic challenges worsened, further downgrading its volume guidance from the previous quarter for which it was punished.

The cost of Philip Morris' efforts to drive uptake of key nicotine pouch brand Zyn spooked investors on Tuesday, fuelling fears about future sales even after higher third-quarter growth.

French spirits maker Pernod Ricard endured steep declines in all but one of its key markets in the first quarter, it said on Thursday, as global tariffs and weak economies further pressure the embattled spirits sector.

Younger Europeans are drinking less alcohol because of the way it tastes and concern over their health, a market research firm said on Tuesday, suggesting slow sales are a result of changing preferences rather than just a financial squeeze.

At least 15 million people aged 13 to 15 use e-cigarettes globally, with young people on average nine times more likely to vape than adults in countries with data, the World Health Organization said on Monday.

Exports of U.S. spirits fell 9% in the second quarter, according to a report by the Distilled Spirits Council of the United States published on Monday, which warned that trade tensions were hitting demand in key markets.

The Belgian beer industry, Mexico's tequila makers and Heineken all lobbied governments this summer to resist a push by the U.N.'s health agency to introduce tougher rules targeting alcohol, letters and an email reviewed by Reuters show.