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Food and Beverage Tobacco

  • GENEVA, May 30- Tobacco growing is causing "massive harm" to the environment through the extensive use of chemicals, energy and water, and pollution from manufacturing and distribution, the World Health Organization said on Tuesday. The United Nations agency called for the tobacco industry to compensate for its products that contribute to greenhouse gases...

  • *Aims to capture No. 1 spot in vaping tobacco products in Japan. Global tobacco firms see Japan as a fertile test ground for vaping products since e-cigarettes using nicotine-laced liquid are not allowed under the country's pharmaceutical regulation. While the Marlboro maker's heat-not-burn "IQOS" tobacco device is already enjoying strong demand in Japan,...

  • US court fines UPS $247 million over illegal cigarette shipments

    UPS is accused of shipping over 683,000 cartons of contraband cigarettes to unlicensed wholesalers, retailers and residents since 2010.

  • Two UPS Boeing-757 Cargo Freighters sit on the ramp at Winnipeg James Armstrong Richardson International Airport with the Air Traffic Control Tower in the background

    A federal judge ordered United Parcel Service Inc to pay nearly $247 million in damages and penalties for "illegally shipping" large volumes of untaxed cigarettes in New York state and City, a court filing showed on Thursday.

  • MADISON, Wis.— Taxes on a type of cigar that looks like a cigarette may be going up in Wisconsin. Cigarettes in Wisconsin are taxed at a rate of $2.52 per pack, while the tax on a 20- pack of little cigars is based on the wholesale price and usually around 78 cents. Kooyenga wants both to be taxed at a rate of $2.52 per pack.

  • HAVANA/ HOUSTON, May 9- Cuban exports of refined oil products fell about 97 percent between 2013 and 2016, according to a United Nations trade report released this week, reflecting falling supplies from its political ally Venezuela. Cash-strapped Cuba reported its exports of goods, such as oil products, nickel, sugar, tobacco products and pharmaceuticals, fell...

  • Electronic cigarettes.

    E-cigarette users are shunning tobacco but vaping rules are set to tighten.

  • LONDON, May 3- Britain's Imperial Brands, the fourth-largest international tobacco company, remains committed to its pursuit of e-cigarettes as the best alternative to smoking, but could pivot quickly with a heated tobacco product within months if proved wrong, a senior executive said on Wednesday. So far Japan is the most developed market for heated tobacco...

  • Hunter's bill, which was reviewed by Reuters, would exempt vaping devices from many of those rules, including a requirement that new products be reviewed and authorized by the FDA before being sold. The bill adds momentum to a series of legal and legislative efforts by tobacco and vaping companies to derail the FDA rule, though it is unclear how much support it...

  • A shop owner sells a pack of cigarettes to a customer in San Francisco.

    A California lawmaker wants to ban retailers from accepting coupons that lower the price of tobacco products.

  • LONDON, April 12- Britain's Supreme Court has denied the tobacco industry permission to appeal a new plain packaging law, meaning that from next month, as planned, all tobacco products sold in the United Kingdom will have dark brown packaging and no branding. The decision, announced by the court on Wednesday, is in line with an earlier decision made last year that...

  • A man smokes cigarette

    Smoking is the root cause of one in 10 deaths worldwide – and half occur within just four countries, according to a new study.

  • LONDON, March 31- Philip Morris International said on Friday it has applied for pre-market approval of its iQOS heated tobacco product with the U.S. Food and Drug Administration. The world's largest international tobacco maker, owner of the Marlboro brand, said that if the FDA grants its request, its U.S. affiliate, Altria Group, would be responsible for selling...

  • JAKARTA, March 30- Indonesia's government has proposed issuing a decree to govern the domestic tobacco industry, a move that could sharply raise cigarette output in the world's fourth-most populous nation, after a bill outlining the changes was opposed by the health ministry and anti-smoking groups. Teten Masduki, the chief of staff for President Joko Widodo,...

  • Cigarettes

    RBC says Altria trades at 23 times forward earnings, which is a premium valuation versus the consumer staples industry average.

  • Vype vapor products and Glo heated tobacco products sit on display at the British American Tobacco research and development laboratories in Southampton, U.K., on Wednesday, Jan. 18, 2017.

    Global cigarette giants are shifting focus to new product categories as the smoking population declines.

  • A worker puts cigars in boxes at the H.Upman Cigar Factory in Havana, on February 26, 2015.

    Sales of Cuba's legendary cigars rose 5 percent last year to $445 million.

  • HAVANA, Feb 27- Sales of Cuba's legendary cigars rose 5 percent last year to $445 million, defying stagnation in the global luxury goods market, manufacturer Habanos S.A. said on Monday at the opening of the Caribbean island's annual cigar festival. Habanos dominates the global market for hand-rolled, premium cigars except in the United States due to...

  • *Japan becomes battle ground for tobacco-based e-cigarettes. *Japan Tobacco to start selling Ploom Tech in Tokyo in June. The world's No.3 tobacco company said it would begin selling Ploom Tech in some parts of Tokyo from June, but added a rollout in other cities would start only from the first half of 2018- later than initially expected.

  • The recall involved certain cans made in the company's Franklin Park, Illinois, facility. "We believe this was a deliberate, malicious act by an individual or individuals familiar with the quality and safety procedures at its Franklin Park, IL facility", Altria said in a e-mailed statement. A majority of U.S. Smokeless Tobacco Company's cans made at a separate...