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Taylor to lead Imperial’s U.S. operations

Taylor to lead Imperial’s U.S. operations

| February 26, 2015

David Taylor will become chief executive of Imperial Tobacco Group’s U.S. subsidiary, ITG Brands. Taylor is currently executive vice president, finance and planning, and chief financial officer of Lorillard. Imperial Tobacco also announced that Martin Orlowsky has voluntarily resigned due to differences with the company’s management style. In July 2014, ITG Brands entered into an […]

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BAT’s volume down but share up in ‘key markets’

BAT’s volume down but share up in ‘key markets’

| February 26, 2015

British American Tobacco’s cigarette volumes during 2014, at 667 billion, were down by about 1.4 percent on those of 2013, 676 billion. Volumes were increased in the company’s EEMEA (Eastern Europe, Middle East and Africa) region from 226 billion to 227 billion; they were unchanged in its Asia Pacific region at 197 billion; they were […]

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US tobacco firms settle 400 Engle progeny cases

US tobacco firms settle 400 Engle progeny cases

| February 26, 2015

The three biggest US tobacco companies have tentatively agreed to pay $100 million to resolve 400 Engle progeny lawsuits pending against them in the Florida federal court. Final approval of the deal is subject to an agreement to participate by all the plaintiffs. Under the terms of the agreement, Philip Morris USA and R.J. Reynolds […]

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Revised TPD the most lobbied EU dossier

Revised TPD the most lobbied EU dossier

| February 25, 2015

The tobacco industry deployed ‘massive’ third party lobbying to subvert revisions to the EU Tobacco Products Directive (TPD), according to a BMJ piece citing research published online by Tobacco Control (TC). TC was said to have found also that regulatory reforms seemed to have made it easier for corporate interests to influence public health legislation. […]

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Greece agrees to crack down on tobacco smuggling

Greece agrees to crack down on tobacco smuggling

| February 25, 2015

One of the reform measures conceded by the Greek government before Tuesday’s agreement on the extension of the country’s bailout for four months was a crack down on tobacco smuggling, according to a story by Jim Yardley for the New York Times. Euro zone finance ministers and other creditors agreed to extend the Greek bailout […]

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Indian government asked to spread tax burden

Indian government asked to spread tax burden

| February 25, 2015

Ahead of the 2015 budget, the Tobacco Institute of India has been calling on the country’s government to widen the tax base to include all tobacco products, according to a story in the latest issue of the BBM Bommidala Group newsletter. The budget is due to be presented to the Indian parliament by the Finance […]

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