New Delhi, April 2: Although there was a government order that requires all tobacco products, packages for “pictorial health warning” Tobacco companies violate this order. This was a light snap poll conducted by Public Health Association of India (VHAI) in New Delhi. According to the survey, “no cigarettes, bidis, bags or any other tobacco products, chewing is the new picture warnings.” Read more
A federal judge on Tuesday ordered the tobacco companies to publish corrective statements that say that they lied about the dangers of smoking and health, which reveal soaking effects, including death, on average 1,200 people per day. Read more
Asia’s largest cigarette maker by market value, reported an 18 percent rise in first-half profit, aided by new domestic products and a recovery from last year’s earthquake.
Net income rose to 168.8 billion yen ($2.1 billion) for the six months ended September, from 143.6 billion yen a year earlier, according to a statement to the Tokyo Stock Exchange yesterday. The company maintained its profit forecast of 318 billion yen for the full year to March 2013. Ream more »
Another developer is exploring buying the former Chesterfield cigarette factory at the corner of Duke and Main streets downtown. Durham officials say there’s pressure to begin the project before the end of the year before an existing approved project site plan expires.
BGL Real Estate Advisors has an exclusive 60-day due diligence period to investigate buying the seven-story former Liggett Group cigarette factory, said Robert Flanigan, vice president for the Cleveland-based investment firm Brown Gibbons Lang & Co.
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The European Union’s commissioner for health and consumer policy, John Dalli, resigned with immediate effect Tuesday following an investigation by OLAF, the EU’s antifraud office, into a complaint made in May by tobacco producer Swedish Match SWMA.SK +0.85% AB.
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Should the government of Oklahoma help tobacco companies market their products? Most of us would think that’s ridiculous, yet it’s exactly what the tobacco companies and their allies are pressing the Legislature to do.
Unfortunately, this bad idea is being taken seriously enough that a legislative committee held a hearing recently on promoting smokeless tobacco as an alternative to cigarettes. Ream more »
A website has been launched that features searchable databases of all campaign contributions and gifts from tobacco lobbyists to state legislators.
The website, www.tobacco.money.com, also encourages lawmakers and legislative candidates in Oklahoma to sign a pledge to not accept campaign contributions, meals or other gifts from any tobacco company political action committee or from any registered lobbyist for a tobacco company or tobacco trade association. Ream more »
Japan Tobacco Inc. will pursue the U.K.’s Office of Fair Trading for a 50 million pound ($80.8 million) refund relating to allegations that it was involved in a price-fixing cartel, reports the Sunday Telegraph newspaper, citing unidentified sources.
In 2010, the OFT fined a dozen tobacco companies and retailers a total of GBP225 million for “unlawful practices” and inflating the price of cigarettes. Ream more »
Imperial Tobacco Group PLC has informed that it expects its tobacco revenue to grow this year due to price rises. According to a statement released by the company, Imperial Tobacco Group PLC, which is the fourth-largest tobacco group in the world, suffered in recession-hit Spain and tough market in Poland and Ukraine as well. Ream more »
A company based in Dadra and Nagar Haveli, which manufactures tobacco products has moved the Bombay High Court against the action of seizure of their products by the Food and Drugs Administration (FDA) department.
As per the petition filed by Kirti Industries, two trucks belonging to it were stopped and several thousand packets were confiscated by officials. Ream more »