French insurer Axa pulls out of tobacco industry
France's biggest insurance group AXA
Paris - Arab Today
|
France's biggest insurance group AXA said Monday it was pulling out of the tobacco industry, divesting about 1.8 billion euros ($2.0 billion) of assets in the sector as part of the fight against smoking. "With this divestment from tobacco, we are doing our share to support the efforts of governments around the world," Thomas Buberl, Axa's deputy chief executive, said in a statement. "This decision has a cost for us, but the case for divestment is clear: the human cost of tobacco is tragic; its economic cost is huge." |
- Wednesday ,12 December GMT 08:26 2018 Australian government discusses moving Israel embassy to Jerusalem
GMT 13:29 2018 Friday ,14 December
Turkey targets military over alleged Gulen linksGMT 09:32 2018 Wednesday ,12 December
Huawei CFO gets bail; China detains ex-Canadian diplomatGMT 09:24 2018 Wednesday ,12 December
LuLu supports KFUPM Rectors Cup marathonGMT 09:12 2018 Wednesday ,12 December
Ford trains 1,600 motorists in Mideast, Africa in 2018GMT 09:00 2018 Wednesday ,12 December
May tours Europe in desperate bid to save Brexit dealGMT 08:26 2018 Wednesday ,12 December
Australian government discusses moving Israel embassy to JerusalemGMT 10:32 2018 Tuesday ,11 December
Trump’s troubled White House in search of new chief of staffGMT 10:03 2018 Monday ,10 December
23 Palestinians arrested in West BankRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launc...Read More
GMT 10:27 2018 Sunday ,30 September
UAE calls for comprehensive approach to address different dimensions of regional threatsGMT 22:30 2012 Monday ,04 June
Your kid\'s year-by-year immunization guide
GMT 07:23 2017 Wednesday ,26 July
Shaima calls for providing gifts to others
GMT 08:54 2012 Tuesday ,10 July
Energy firms top Fortune’s Global 500 rankings
GMT 22:09 2017 Thursday ,27 April
PM chairs economic team meeting
GMT 07:42 2017 Sunday ,01 October
Air France A380 makes emergency landing
GMT 19:22 2016 Wednesday ,11 May
David Beckham is United with Famous Fan Stormzy
GMT 09:50 2018 Sunday ,16 September
Typhoon Mangkhut Wreaks Havoc In Philippines, Leaving At Least 25 Dead
GMT 12:04 2018 Sunday ,21 January
S.Africa's ANC vows change as Zuma exit looms
GMT 08:48 2017 Sunday ,10 December
HRH Deputy King receives HH Shaikh Nasser bin Hamad Al Khalifa
GMT 10:58 2017 Thursday ,30 November
Abbott Lyon reveals collaborationGMT 11:19 2011 Wednesday ,20 July
“Moses not fit for presidency”GMT 09:39 2012 Monday ,19 March
Shalabi can\'t walk after 33 days of hunger strike
GMT 11:37 2014 Sunday ,18 May
New studio of Misr Alzeraya channel opens for agriculture
GMT 12:03 2011 Friday ,12 August
Indonesia bank chief denies suspending bank purchases
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor