Tag Archives: tobacco industry

British American Tobacco Reports Lower Profit

Cigarettes

British American Tobacco, the manufacturer of Lucky Strike cigarettes, reported during six months from January to June lower revenue and profit. The main causes of this are slight decline in volume and strong British pound. British American Tobacco ranks number

WTO Rejects US Appeal In Clove Cigarette Case

Clove Cigarettes

A World Trade Organization appeals panel Wednesday upheld an earlier decision that a U.S. ban on clove cigarettes discriminates against Indonesia, in a blow to the Obama administration’s efforts to prevent youth from smoking. Taking issue with the 2009 Family

France targets tobacco industry to raise cash for global health

France is considering introducing an innovative new additional tax on the tobacco industry, in an effort to reduce the number of deaths from tobacco related illnesses. It is estimated that there are 60 000 deaths a year in France from these

Lung disease admissions ‘to rise’

Hospital admissions for lung disease and other smoking-related disorders are expected to rise by up to a quarter in some areas of the country by 2020, according to new research. The South Coast and West Country are expected to see

BAT withdraws from Bulgaria cigarette maker sale

British American Tobacco has decided not to bid for Bulgarian cigarette maker Bulgartabak, citing market and strategic reasons, the privatisation agency said on Monday. BAT’s withdrawal leaves only Austria-registered BT Invest, controlled by Russia’s state bank VTB , eyeing a

Japan Tobacco to Pay $450 Million for Sudan Cigarette Maker

Japan Tobacco Inc. agreed to pay $450 million for a cigarette maker operating in Sudan and oil- rich South Sudan, which gained independence this month after a rebellion that lasted almost 50 years. Haggar Cigarette & Tobacco Factory Ltd. controls

NY begins tax collections on Indian cigarettes

New York’s renewed effort to collect taxes on cigarettes and tobacco products sold by Indian-operated companies has led to seizures of $1.2 million worth of untaxed tobacco products in the last three weeks outside Indian land. Inspections at 357 retailers

Anti-smokers fume at cheap price plan

ANTI-SMOKING groups have slammed the tobacco industry’s threat to drop the price of cigarettes as a response to proposed plain packaging reforms. David Crow, chief executive of British American Tobacco (BAT) Australia, has warned that organised crime could profit from

HRW says Philip Morris Tackling Kazakh Labor Abuse

U.S. tobacco company Philip Morris International has made provisional steps in ameliorating the operating conditions of manual workers on its suppliers’ farms in Kazakhstan, Human Rights Watch said on May, 12. Charges that Philip Morris derived a profit from child

Big Tobacco Threatens to Slash Prices in Australia

Tuesday the tobacco companies threatened to reduce the cigarettes’ price if Australia intends to launch plain packaging with the warning that people will die of smoking. On April 2011, Australia decided to release cigarettes in drab olive-green packets plastered with