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Archive for April, 2013

Police: Kessler interrogation illegal in ‘Dalligate’

April 24, 2013 | Comments (0)

OLAF director-general Giovanni Kessler had no authority to carry out an interrogation on Maltese territory, a senior police officer privy to the John Dalli investigation, according to a story in MaltaToday. In comments that followed yesterday’s presentation of the OLAF supervisory committee’s annual report, which highlighted questionable legal practices employed by Kessler in his investigation of […]

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Reynolds American profits jump 88 pct in Q1, volume down

April 24, 2013 | Comments (0)

Consumers squeezed by higher gas prices and an increase to the payroll tax led Reynolds American Inc. to report a sharp drop in cigarette volumes in the first quarter. “Overall, the external environment remained challenging,” President and CEO Daniel Delen said. “Industry cigarette volumes were negatively impacted by higher energy prices, the expiration of the payroll-tax […]

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Australian fund gets tough on TOMRA’s tobacco ties

April 23, 2013 | Comments (0)

An Australian superannuation and investment fund is leading an international effort to pressure a Norwegian machinery maker to leave the tobacco  industry. In what amounts to a new front in the war against tobacco, Australian Ethical will put forward a resolution on Monday at the annual general meeting of Norwegian company TOMRA, demanding it stop selling tobacco sorting […]

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NYC attempts to raise smoking age to 21, Chicago may follow

April 23, 2013 | Comments (0)

New York City put forward a proposal Monday that, if adopted, would make it the first major U.S. city to raise the legal age for buying cigarettes from 18 to 21 — the same age for buying alcohol, according to a story in USA Today. The proposal is part of a decade-long, anti-tobacco campaign by outgoing […]

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BAT benefits from reduced illicit trade, says CEO

April 22, 2013 | Comments (0)

British American Tobacco (BAT) is benefitting from the gradual deflation in the illicit trade of cigarettes locally due to the improved regulatory environment in Malaysia, according to a story posted on The Star Online. Managing director Datuk William Toh said the illegal buying and selling of cigarettes had declined last year by 1.6 percent compared to 2011. “We […]

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Supreme Court declines to hear cigarette label case

April 22, 2013 | Comments (0)

The legality of placing graphic warnings on cigarette packages appears to have been settled when the U.S. Supreme Court declined today to hear an appeal on the labels from a group of tobacco manufacturers, according to a story in the Winston-Salem Journal. However, it remains unclear what the warning labels will look like or when they […]

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Where there’s smoke, there’s still profit

April 22, 2013 | Comments (0)

When the three major U.S. tobacco companies report their first-quarter results this week, investors can find comfort in two themes that have remained consistent for years: Cigarette volumes will fall, but profits will rise, according to a story in The Wall Street Journal. For the past three years, cigarette volumes have dropped around 3 percent to […]

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Tobacco magnate Cartes wins Paraguay presidential poll

April 22, 2013 | Comments (0)

Horacio Cartes, a Paraguayan tobacco magnate, faced various challenges during his presidential bid, which he won decidedly last week. He was pressed to explain why antinarcotics police officers apprehended a plane carrying cocaine and marijuana on his ranch in 2000; why he went to prison in 1989 on currency fraud charges; and why he had […]

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Cigarette addiction saves lives

April 22, 2013 | Comments (0)

David Henneberry, an avid boater and member of the Watertown Yacht Club, walked outside to smoke a cigarette just after Massachusetts Gov. Deval Patrick  lifted the curfew on Boston, MA, USA, residents at 6 p.m. Friday, April, 18. Puffing away, Henneberry noticed the tarp that covered his rare, 22-foot  pleasure cruiser—a white Seahawk with blue trim and […]

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E-cig company gets green certification

April 22, 2013 | Comments (0)

ProSmoke is the now the only company in its industry to be certified by the Green Business Bureau. This award is only given to companies that are both environmentally responsible and commercially beneficial to the environment and society, according to a story on PRNewswire.com. The Green Business Bureau certifies businesses as environmentally friendly organizations in order […]

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