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Feb 27, 2015

Insight – Italian e-cigarette firms say new tax benefits tobacco

LONDON (Reuters) – Electronic cigarette firms in Italy say a new levy that doubles the price of e-liquid refills unfairly helps tobacco giants like Philip Morris International and will hurt their industry.

The tax, which was adopted in January, is set at half the rate of that on traditional cigarettes. The controversy centres on the fact that the lower rate is applied to both electronic cigarettes and to tobacco products such as Marlboro HeatSticks, which Philip Morris is launching in Italy alongside a 500 million euro (369 million pounds) factory investment.

Feb 27, 2015

Italian e-cigarette firms say new tax benefits tobacco

LONDON, Feb 27 (Reuters) – Electronic cigarette firms in
Italy say a new levy that doubles the price of e-liquid refills
unfairly helps tobacco giants like Philip Morris International
and will hurt their industry.

The tax, which was adopted in January, is set at half the
rate of that on traditional cigarettes. The controversy centres
on the fact that the lower rate is applied to both electronic
cigarettes and to tobacco products such as Marlboro HeatSticks,
which Philip Morris is launching in Italy alongside a 500
million euro ($568 million) factory investment.

Jan 22, 2015

The smoke around e-cig science

LONDON (Reuters) – From Apple Pie to Bubbly Bubble Gum, Irish Car Bomb or Martian bar – from Mars!, the flavors of electronic cigarette offer something for every taste.

Researchers have counted 7,764 varieties of ‘vape.’ That adds up to one of many challenges – from practical constraints to conflicts of interest – in working out how safe e-cigs are, and whether they help smokers quit.

Jan 22, 2015

Insight – The smoke around e-cig science

LONDON (Reuters) – From Apple Pie to Bubbly Bubble Gum, Irish Car Bomb or Martian bar – from Mars!, the flavours of electronic cigarette offer something for every taste.

Researchers have counted 7,764 varieties of ‘vape.’ That adds up to one of many challenges – from practical constraints to conflicts of interest – in working out how safe e-cigs are, and whether they help smokers quit.

Sep 16, 2014

Europe’s startups get bootcamp booster

AMSTERDAM, Sept 16 (Reuters) – In the two years that
Rockstart Accelerator – a private bootcamp for tech firms – has
been going, it says the 20 startups it has backed have raised 15
million euros ($19 million) and created nearly 150 permanent
jobs.

“It’s cool to be in a startup there,” said Cralan Deutsch, a
44-year-old founder whose Rockstart-backed company has been
ticking over for a decade but joined the incubator for a revamp
and access to new contacts. “It used to be, I go to a party and
I tell the girls I’m in a startup and they walk away – that’s
changing now.”

Sep 15, 2014

Startups go Dutch for new era in manufacturing

AMSTERDAM, Sept 15 (Reuters) – Beneath the low beams of a
converted warehouse in Amsterdam lives a company with many of
the attributes of a Silicon Valley startup, except that at less
than a year old it has zero venture capital and says it is
already making enough money to sustain itself.

Fairphone started in 2010 as a campaign against smartphone
makers’ use of conflict minerals. Last year, after a series of
artistic and social protests to highlight what it says are
injustices in global supply chains, its founders decided to make
and sell phones of their own.

May 18, 2014

AstraZeneca arrays academic assets in Pfizer defense

CAMBRIDGE, England (Reuters) – Rising up from the fields around the university city of Cambridge, the steel towers of the Laboratory of Molecular Biology, are scientific pillars in the defense that drugs group AstraZeneca is mounting against a takeover approach by its U.S. rival Pfizer.

The lab’s four towers – clearly visible from arriving trains – help keep vibrations and noise away from highly sensitive equipment. Scientists who work there have said it is “simply too dangerous” to let AstraZeneca be bought by the American group.

Apr 17, 2014

AkzoNobel blames currency effects for weak earnings

AMSTERDAM, April 17 (Reuters) – Dutch paints and chemicals
maker AkzoNobel blamed adverse currency effects for lower than
expected earnings on Thursday, but said it was on course to meet
its 2015 targets in a fragile economic environment.

Sales volumes grew in all of the company’s three main
product areas, but the currency effects dented sales. Much of
the problem was down to translating earnings into a stronger
euro, Chief Financial Officer Keith Nichols told Reuters.

Apr 16, 2014

Semiconductor tool maker ASML cuts first-half sales forecast

AMSTERDAM (Reuters) – ASML, the world’s biggest manufacturer of tools for semiconductor chip makers, trimmed its first-half sales forecast on Wednesday, blaming slower second-quarter sales to some customers. Its shares fell sharply on the news.

The Dutch firm said it expected sales of 3 billion euros (2.5 billion pounds) in the first half of its fiscal year, including sales of extreme ultraviolet (EUV) systems, which will enable chipmakers to produce smaller, more powerful semiconductor wafers.

Apr 16, 2014

ASML cuts first-half sales forecast on weaker second-quarter

AMSTERDAM (Reuters) – ASML (ASML.AS: Quote, Profile, Research), the world’s biggest manufacturer of tools for semiconductor chip makers, cut its first-half sales forecast on Wednesday, blaming slower second-quarter sales to some customers.

The Dutch firm said it now expected sales of 3 billion euros (2.5 billion pounds) in the first half of its fiscal year, including sales of extreme ultraviolet (EUV) systems. Previously it had forecast sales of 3 billion excluding EUV systems.

    • About Sara

      "I work on the top news team edit long stories in Europe, the Middle East and Africa region as part of a global team. Before that, I was training journalists on writing about companies, after working as a tech correspondent. I've been a correspondent in Paris, Helsinki and Amsterdam and have worked freelance for a wide range of publications."
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