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The Latest Breaking News from Tobacco

Bullish tobacco market cheers farmers in Andhra Pradesh

Traders lap up bright and medium grade varieties by offering premium prices during the ongoing auctions

The Hindu

Bristol named as a top food destination in Europe thanks to two popular street markets

St Nicholas Market and the Tobacco factory have both been namechecked as great places to eat

Bristol Post

Marlboro Maker Philip Morris Clocks 2.1% Revenue Growth In Q1

Philip Morris International Inc (NYSE:PM) reported first-quarter FY22 sales growth of 2.1% year-on-year to $7.75 billion, beating the consensus of $7.43 billion. Cigarette and heated tobacco unit shipment volume rose by 3.5% Y/Y, with 8.3% growth in the Middle East & Africa. Marlboro cigarette shipment volume increased 6.7%, mainly driven by PMI Duty-Free, the Philippines,…

Benzinga

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Special Report: Sanctioned weapons mogul who supplied Russia’s troops has ties to Philip Morris

A longtime Russian business associate of American tobacco giant Philip Morris International Inc - a billionaire whose holdings have included a major stake in a weapons plant supplying Russia’s military - has been sanctioned in Europe for aiding Russia’s invasion of Ukraine, according to a Reuters review of business registries…

Reuters

Smoke and mirrors: Indian government’s ban on e-cigarettes sparks debate about its intention

Latching on to an emerging global trend, the Indian government on September 18 banned e-cigarettes, citing health risks to youth and children. The ban covers the manufacture, sale, import, export, and advertising of all electronic nicotine delivery systems, or Ends.

Newslaundry

RSS arm bats for ITC, but says it doesn’t support tobacco

Swadeshi Jagran Manch’s (SJM) endorsement for using Indian conglomerate ITC’s Fast Moving Consumer Goods (FMCG) products over that of multinational companies comes as a bit of a surprise. SJM is, after all, an arm of the right-wing group, Rashtriya Swayamsevak Sangh (RSS).

Newslaundry

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People

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British American Tobacco

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Philip Morris International

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Rashtriya Swayamsevak Sangh

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PMI

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Philip Morris International Inc

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Marlboro

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British American Tobacco Plc

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