Tobacco Industry Newswire

Ring Road shooting ambush an ‘attempted hit’ in tobacco war

Fractured loyalties in the tobacco war are the suspected motive behind a daylight drive-by shooting on the M80 freeway that saw a former senior associate of the Haddara crime family nearly killed in a shotgun blast. Victoria Police have released new …

Tanzania cracks down on tobacco cartel exploiting farmers 

Dar es Salaam. Tanzanian minister for Agriculture, Hussein Bashe, has launched a robust crackdown on a criminal network exploiting tobacco farmers, as he seeks to dismantle illegal practices that have plagued the sub-sector for years. Central to this …

Tobacco wars ignite as rivals attempt daytime execution

A brazen daylight "attempted execution" at a busy suburban intersection stems from feuding illicit tobacco syndicates trying to gain control of the market, police say. A man suffered life-threatening injuries when he was shot in the head and …

Others | Dec 30, 2024 | 2 min read GST probe team uncovers Rs 193cr tax evasion The State GST Department’s Investigation ...

Ahmedabad Others The State GST Department’s Investigation Wing has uncovered tax evasion of over Rs 193 crore linked to the “Rajshree” Pan Masala and flavoured tobacco business in Ahmedabad. Acting on specific intelligence, officials conducted a search and …

Tobacco wars ignite as rivals attempt daytime execution

Hong Kong to slap tobacco products with laser labels to root out contraband

Tobacco products in Hong Kong will need to carry laser labels to show they are legitimate goods, in a bid by local authorities to crack down on black-market cigarettes, the Post has learned. Sources said authorities were studying how to update existing …

As Belgium’s disposable vape ban looms, health minister urges EU to change tobacco rules

The ban is the first of its kind to come into force in Europe, Vandenbroucke said, but Belgium is not alone. Australia has limited the sale of vapes to pharmacies and the U.K. has banned single-use vapes starting in June 2025. Vandenbroucke said he wants …

HPA announces tobacco and smoking cessation clinics at four hospitals

The Health Protection Agency (HPA) has introduced tobacco and smoking cessation services at four major hospitals in the Maldives to support individuals in their efforts to quit smoking. In a recent announcement, the HPA revealed that these services would …

Aggressive policy measures urged to regulate use of emerging tobacco products

Peshawar  -  A sensitization session on the rising public health risks associated with newer tobacco products, such as nicotine pouches and e-cigarettes, has called for urgent and aggressive policymaking to regulate the use of these products. The session, …

Unhealthiest UPFs should come with tobacco-style warning labels and have a marketing ban for young children, says Dr ...

Britain's most unhealthy processed foods should come with tobacco-style warning labels and have a marketing ban for young children, according to an expert. Chris van Tulleken, infectious diseases doctor and author of 'Ultra-Processed People', …

Where Will British American Tobacco Be in 1 Year?

British American Tobacco (BTI -0.33%) is a consumer staples stock, but it is probably one of the riskiest consumer staples stocks you can buy. That's highlighted by its dividend yield, which at around 8.2% is more than three times larger than the yield …

British American Tobacco: Don't Let The 'Cheap' Valuations Fool You

Summary BTI delivered a nearly 40% total return in 2024. While seemingly impressive, the CAGR over the past five to 10 years paint a different story. BTI is lagging behind Philip Morris in transitioning to smokeless products, raising concerns about its …

Tobacco growers hit by delayed quota announcement, reduced procurement targets

A two-month delay in announcing the annual tobacco procurement target has left growers in financial distress, as national and multinational companies further slashed their buying targets for the upcoming year, reported Dawn. Industry sources revealed that …

Tobacco giant PMI aims for cheaper smoke-free products in Africa

The world’s largest tobacco company, Philip Morris International (PMI), is developing cheaper smoke-free products in a bid to offer alternatives to existing African smokers, according to a senior executive at the US multinational. Speaking at the firm’s …

Illegal vapes and tobacco worth £2m seized

Almost £2m worth of illegal vape and tobacco products have been seized in south east Wales in the past 15 months Almost £2m worth of illegal vape and tobacco products have been seized in south east Wales in just over a year as police tackle the " …

Cabinet of Ministers approves minimum prices for tobacco products and vapes

12:19, 28 December 2024, Bishkek - 24.kg news agency , by Baktygul OSMONALIEVA 12:19, 28 December 2024, Bishkek - 24.kg news agency , by Baktygul OSMONALIEVA The Cabinet of Ministers of Kyrgyzstan has approved minimum prices for tobacco products and vapes. …

Tobacco Report Prioritizes Stubborn Ideology Over Public Health – Inside Sources

Image by Ideogram.ai As the introduction to its recently released report rightfully and proudly states, “the first report of the Surgeon General’s Advisory Committee on Smoking and Health (in 1964) was a landmark first step to diminish the impact of …

This Tobacco Giant Was The Biggest Corporate Donor To The 2024 Presidential Race

Topline While billionaire business leaders poured money into 2024’s presidential race, businesses largely stayed away—yet the biggest corporate donor was a leading tobacco company that put its money behind President-elect Donald Trump, federal filings show …

Tobacco firms cut buying target for next year

SWABI: A two-month delay in announcing the annual procurement target appears to be a deliberate attempt to harm tobacco cultivators as national and multinational companies are further reducing their procurement targets for the upcoming year, industry …

Philip Morris International (PMI) Declares Regular Quarterly Dividend of $1.04 Per Share

Philip Morris International (PMI) Declares Regular Quarterly Dividend of $1.04 Per Share December 7, 2016

Massimo Ferragamo Elected to the Board of Directors of Philip Morris International (PMI)

Massimo Ferragamo Elected to the Board of Directors of Philip Morris International (PMI) December 6, 2016

Philip Morris International (PMI) Announces Filing of Application for Its Electronically Heated Tobacco Product with the ...

LAUSANNE, Switzerland--(BUSINESS WIRE)--Dec. 6, 2016-- Philip Morris International Inc. (“PMI”) (NYSE / Euronext Paris: PM) on Dec. 5 submitted a Modified Risk Tobacco Product (MRTP) application for its electronically heated tobacco product with the U. …

Philip Morris International Inc. Presents at the Morgan Stanley Global Consumer & Retail Conference; Revises, for ...

Philip Morris International Inc. Presents at the Morgan Stanley Global Consumer & Retail Conference; Revises, for Currency Only, 2016 Full-Year Reported Diluted EPS Forecast November 16, 2016

Philip Morris International Recognized as Global Leader for Corporate Action on Climate Change for the Third Year ...

LAUSANNE, Switzerland--(BUSINESS WIRE)--Oct. 25, 2016-- Philip Morris International Inc. (“PMI”) (NYSE/Euronext Paris: PM) today is recognized as a global leader in its action on climate change. For the third consecutive year, the company is on the CDP …

Philip Morris International Inc. (PMI) Reports 2016 Third-Quarter Results; Reaffirms 2016 Full-Year Reported Diluted EPS ...

Philip Morris International Inc. (PMI) Reports 2016 Third-Quarter Results; Reaffirms 2016 Full-Year Reported Diluted EPS Forecast October 18, 2016

Philip Morris International Recognized as Top Employer in Africa

Now certified as leading employer in 29 countries across the globe LAUSANNE, Switzerland--(BUSINESS WIRE)--Oct. 14, 2016-- Philip Morris International Inc. (PMI) (NYSE/Euronext Paris: PM) today was recognized for the first time as a Top Employer in …

Philip Morris International Inc. to Host Webcast of 2016 Third-Quarter Results

NEW YORK--(BUSINESS WIRE)--Oct. 11, 2016-- Regulatory News: Philip Morris International Inc. (NYSE/Euronext Paris: PM) will host a live audio webcast at www.pmi.com/webcasts on Tuesday, October 18, 2016, at 9:00 a.m. ET to discuss its 2016 third- …

Philip Morris International Inc. Hosts Investor Day; Revises for Currency, and Narrows, 2016 Full-Year Reported Diluted ...

NEW YORK--(BUSINESS WIRE)--Sep. 29, 2016-- Regulatory News: Philip Morris International Inc.’s (NYSE/Euronext Paris: PM) senior management reviews the company’s business outlook and long-term growth strategies at a two-day investor meeting starting …

Philip Morris International Inc. (PMI) Inaugurates Manufacturing Facility in Italy for Potentially Reduced-Risk Products*...

First manufacturing facility for large scale production of heated tobacco products Anticipated investment of approximately EUR 500 million for the facility and pre-existing pilot plant Up to 600 new jobs when fully operational Total initial annual capacity …

Philip Morris International Inc. to Host Webcast of 2016 Investor Day

Philip Morris International Inc. to Host Webcast of 2016 Investor Day September 22, 2016

Philip Morris International Welcomes Broad Interest for PMI IMPACT; New Global Initiative to Fight Smuggling and Related ...

LAUSANNE, Switzerland--(BUSINESS WIRE)--Sep. 15, 2016-- Philip Morris International Inc. (PMI) (NYSE/Euronext Paris: PM) announced today that the response to PMI IMPACT, its new global funding initiative for third party projects dedicated to fighting …

Philip Morris International Inc. Increases Dividend by 2% to an Annualized Rate of $4.16 Per Share

NEW YORK--(BUSINESS WIRE)--Sep. 14, 2016-- Regulatory News: The Board of Directors of Philip Morris International Inc. (NYSE/Euronext Paris: PM) today increased the company’s regular quarterly dividend by 2% to an annualized rate of $4.16 per share. …

Philip Morris International Releases First “Update” on Their Scientific Research to Develop and Assess Potentially ...

LAUSANNE, Switzerland--(BUSINESS WIRE)--Sep. 6, 2016-- Philip Morris International Inc. (NYSE/Euronext Paris: PM) today releases the first Reduced-Risk Product (RRP) Scientific Update, a regular publication on its research efforts to develop and assess …

Philip Morris International Inc. (PMI) Reports 2016 Second-Quarter Results; Revises 2016 Full-Year Reported Diluted EPS ...

Reflecting Currency-Neutral Growth of Approximately 10% to 12% vs. 2015 Adjusted Diluted EPS of $4.42 NEW YORK--(BUSINESS WIRE)--Jul. 19, 2016-- Regulatory News: 2016 Second-Quarter Reported diluted earnings per share of $1.15, down by $0.06 or 5.0% versus …

Philip Morris International Inc. to Host Webcast of 2016 Second-Quarter Results

NEW YORK – July 12, 2016 – Philip Morris International Inc. (NYSE/Euronext Paris: PM) will host a live audio webcast at www.pmi.com/webcasts on Tuesday, July 19, 2016, at 9:00 a.m. ET to discuss its 2016 second-quarter results, which will be issued …

Philip Morris International Comments on Tribunal’s Decision in Arbitration Between PMI and Uruguay

LAUSANNE, Switzerland--(BUSINESS WIRE)--Jul. 8, 2016-- Philip Morris International Inc. (PMI) (NYSE/Euronext Paris: PM) today comments on the decision of an ICSID tribunal in the arbitration between PMI and Uruguay regarding two regulations that …

53 billion illegal cigarettes consumed in the European Union last year

New KPMG report for British American Tobacco, Imperial Tobacco, Japan Tobacco International and Philip Morris International finds that governments lose up to EUR 11.3 billion in revenues Non-EU contraband and counterfeit increased to 88% LONDON--(BUSINESS …

PHILIP MORRIS INTERNATIONAL INC. DECLARES REGULAR QUARTERLY DIVIDEND OF $1.02 PER SHARE

NEW YORK, December 9, 2015 -- The Board of Directors of Philip Morris International Inc. (NYSE / Euronext Paris: PM) today declared a regular quarterly dividend of $1.02 per common share, payable on January 8, 2016, to shareholders of record as of …

Philip Morris International Launches New Initiative to Fight Smuggling and Related Crimes; Pledges USD 100 Million to ...

LAUSANNE, Switzerland--(BUSINESS WIRE)--May 27, 2016-- Philip Morris International Inc. (PMI) (NYSE /Euronext Paris: PM) announced today a major new initiative — “PMI IMPACT” — to help confront smuggling and related crimes. The centerpiece of PMI …