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Policies plainly not working in England

Policies plainly not working in England

July 17, 2014 | Comments (0)

Conservative candidates in marginal seats, including public health minister, Jane Ellison, risk electoral defeat because of the government’s nanny state policies, according to a new survey* of English voters commissioned by the Democracy Institute, which describes itself as a politically independent think tank. Conducted before and after this week’s cabinet reshuffle, the poll was said […]

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Only 12.8 per cent of Australians smoking

Only 12.8 per cent of Australians smoking

July 17, 2014 | Comments (0)

According to a US Campaign for Tobacco-free Kids story, Australian health officials yesterday reported that Australia’s smoking rate had dropped by more than 15 per cent – from 15.1 per cent in 2010 to 12.8 per cent in 2013 – ‘following the implementation of a landmark law requiring that cigarettes be sold in plain packaging’. […]

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Threat to single cigarette sales in India

Threat to single cigarette sales in India

July 17, 2014 | Comments (0)

The Indian Health Ministry is considering whether it should ban the sale of single cigarettes, according to a story in the latest issue of the BBM Bommidala newsletter. In fact, such a ‘ban’ might be a case of enforcing one already in place since the ministry said the country’s Tobacco Act prohibited the sale of […]

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Zimbabwe grows biggest crop in 14 years

Zimbabwe grows biggest crop in 14 years

July 17, 2014 | Comments (0)

Zimbabwe’s flue-cured production has surpassed 210 million kg for the first time in 14 years, according to a story in NewsDay. The last time output surpassed 210 million kg was in 2000 when it reached 227,726,000 kg. By July 15, the day of mop-up sales, 210,598,690 kg had been sold for $668,002,625; at an average […]

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SE approval for S&M’s Riverside

SE approval for S&M’s Riverside

July 16, 2014 | Comments (0)

S&M Brands has received substantial equivalent orders from the U.S. Food and Drug Administration on its redesigned Riverside cigarette brand. S&M Brands is one of the few companies, behind Lorillard, that has navigated the Tobacco Control Act to obtain approval of a new cigarette tobacco product, and the first to obtain approval of a full […]

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Dismay in India over excise increases

Dismay in India over excise increases

July 16, 2014 | Comments (0)

The Indian Finance Minister, Arun Jaitley, has steeply increased excise taxes on cigarettes as part of the 2014 Budget, prompting warnings about a rise in illicit trade, according to a number of stories in the latest issue of the BBM Bommidala Group newsletter. The specific tax on cigarettes has been increased by 11-72 per cent, […]

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High tobacco taxes increase revenue and reduce cigarette consumption in Turkey

High tobacco taxes increase revenue and reduce cigarette consumption in Turkey

July 16, 2014 | Comments (0)

Smoking rates and cigarette consumption dropped dramatically in Turkey between 2008 and 2012/13, but tobacco tax revenue doubled, according to a story in the Daily Sabah quoting government figures. The introduction of a ban on smoking in enclosed public places and an almost doubling of taxes saw the annual consumption of cigarettes fall by 15 […]

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Tobacco oligopoly is boon for taxman

Tobacco oligopoly is boon for taxman

July 16, 2014 | Comments (0)

Commenting in Forbes on the recently announced proposed takeover of Lorillard by Reynolds American, Daniel Fisher said the deal would join the No.2 and No.3 US tobacco companies under the control of British American Tobacco, which would own 42 per cent of the combined company shorn by Imperial Tobacco of a number of brands and […]

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RAI to webcast results conference call

RAI to webcast results conference call

July 16, 2014 | Comments (0)

Reynolds American is due to host a conference call and webcast from 09.00 hours Eastern Time on July 29 following the release of its second-quarter 2014 financial results before the market opens on that day. The conference call, which will be available on a listen-only basis, will hear from speakers Susan M. Cameron, president and […]

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RAI to acquire Lorillard, sell brands to Imperial

RAI to acquire Lorillard, sell brands to Imperial

July 15, 2014 | Comments (0)

Reynolds American Inc. (RAI) will acquire Lorillard for $27.4 billion. To help ease antitrust scrutiny that the deal may face, Imperial Tobacco has agreed to purchase the Kool, Salem, Winston, Maverick and Blu Ecigs brands for $7.1 billion, more than tripling its share of the U.S. cigarette market. Imperial will also acquire Lorillard’s manufacturing and […]

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