Philip Morris takes a drag on Venture, but it's not up in smoke
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
PHILIP Morris coughed, and Venture Corp felt the convulsions.
Shares of the global electronics services provider crashed 12.25 per cent on Friday after the American tobacco giant said on Thursday night that sales of its "heat not burn" smokeless tobacco products were not growing as fast as expected.
Copyright SPH Media. All rights reserved.
TRENDING NOW
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Beijing’s calculated silence on the Iran war
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Vietnam formalises new state leadership, redefining ‘four pillars’ power balance
