BAT says U.S. vaping slowdown will curb growth of e-cig business
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(Reuters) - World No.2 tobacco maker British American Tobacco said on Wednesday a slowdown in the U.S. vaping market would lead to lower revenue growth in its vaping arm even as it gained market share in its traditional cigarettes business.U.S. health officials have reported more than 2,000 cases of vaping-related lung illness and 47 deaths linked to its use in the country, leading to tighter regulatory scrutiny and individual state bans.This has led to a drop in demand for the devices, pushing..