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British American Tobacco Shifts its Business Away from CigaretteKey Takeaway British American Tobacco writes down $31.5 billion as it shifts its business away from cigarettes

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With 1.3 billion tobacco users in the world, of which 8 million die annually from tobacco-related diseases, the stakes for global health are high

Japan Tobacco International Owned by Japan Tobacco Group, Japan Tobacco International (JTI) sells more than 100 brands, and is proud to sell nine flagship brands, including Winston, Mevius (formerly Mild Seven), Camel, Benson & Hedges and more

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cigarette portfolio, income investors still like the tobacco sector for its generous dividend yields