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Archive for July, 2013

Video interview: BAT CEO Durante on 2013 half-year results

July 31, 2013 | Comments (0)

This video was originally published by Mercantos Investor Video, a provider of financial news, featuring video interviews and webcasts from FTSE100 and FTSE250 companies.

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BAT’s volume down in first six months

July 31, 2013 | Comments (0)

British American Tobacco’s cigarette volume during the six months to the end of June, at 332 billion, was down by 3.4 percent on that of the six months to the end of June 2012. Volume was increased in the company’s Asia Pacific region by 5.5 percent to 100 billion, but it was down in its […]

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Retiring BAT COO will not be replaced

July 31, 2013 | Comments (0)

John Daly will step down as British American Tobacco’s chief operating officer at the end of December and will not be replaced. “It is not intended, at this point in time, to appoint a further executive director or successor to the role of chief operating officer,” a note on BAT’s website said. “The four regional […]

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Ireland’s illicit trade booming

July 31, 2013 | Comments (0)

The National Federation of Retail Newsagents (NFRN) in Ireland is advising the government to tackle the sale of illicit cigarettes, according to a story in the Irish Examiner. The story said that a new [unspecified] survey had shown that almost 28 percent of discarded packs across the country were untaxed and, therefore, illicit. The survey, […]

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Proposal would see some tobacco excise earmarked for Russia’s health care

July 31, 2013 | Comments (0)

President Vladimir Putin has urged Russia’s health and finance ministries to devise a scheme for channeling a portion of tobacco excise revenue to the health-care sector, according to a story in Russia Beyond The Headlines quoting an Interfax report. The idea was said to have been proposed by Health Minister Veronika Skvortsova and the Astrakhan […]

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BAT launches e-cigarette in UK

July 30, 2013 | Comments (0)

British American Tobacco said today that it had launched on the U.K. market its first electronic cigarette. Vype will be made available initially online, though there are plans to move it into mainstream retail outlets from September 2013. In a note posted on its website, BAT said that Vype used a nicotine e-liquid that was […]

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Volume down at JT (slightly) and JTI

July 30, 2013 | Comments (0)

Japan Tobacco Inc.’s volume cigarette sales during the three months to the end of June, at 29.3 billion, were down by 0.2 percent on those of the three months to the end of June 2012. Comparing the same periods, industry volume was said to have declined by 2.0 percent; so JT’s market share increased from […]

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Japan’s smoking prevalence falls

July 30, 2013 | Comments (0)

A study conducted in May has put the prevalence of smoking among Japanese adults at 20.9 percent, down 0.2 of a percentage point on that of a year earlier. Smoking among men was down by 0.5 of a percentage point to 32.2 percent, while smoking among woman was up by 0.1 of a percentage point […]

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FOREST launches campaign against proposed EU directive diversions

July 30, 2013 | Comments (0)

The U.K. smokers’ lobby group FOREST has launched a campaign to fight an EU directive that will ban tobacco products that are currently legal and severely restrict consumer choice. In announcing its latest initiative, FOREST said the No Thank EU campaign would give retailers and consumers the opportunity to register their opposition to the proposed […]

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Regional smokeless tobacco ban sought

July 29, 2013 | Comments (0)

Representatives of 10 South and Southeast Asian countries attending an anti-tobacco meeting in Delhi, India, have called for a ban on smokeless forms of tobacco, according to an Indo-Asian News Service story. The representatives, from Bangladesh, Bhutan, India, Indonesia, the Maldives, Myanmar, Nepal, Sri Lanka, Thailand and Timor-Leste (East Timor), were attending a regional meeting […]

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