Current News

BRAZIL
Tobacco commercialization reaches 58%

According to figures released by AFUBRA during the 72nd Ordinary Meeting of the Sectoral Chamber of the Tobacco Production Chain, 58 per cent of all tobacco...

MOZAMBIQUE
Tobacco production rose 23% in 2023

Tobacco production in Mozambique was up by 23 per cent to EUR 65 million in 2023, compared to the previous year, reports Club of Mozambique referring to data...

SPAIN
EVO NXT shares update on programme

More big-name speakers and exciting features have been announced for the programme line-up at EVO NXT, the business festival for next-generation products...

TAIWAN
Bigger graphic health warnings for cig packs

Graphic images alluding to the health risks of smoking will soon have to cover 50 per cent of the pack in Taiwan instead of the current 35 per cent, reports...

BELGIUM
EU Commission supports bill on disposables

The European Commission has given the green light for a bill looking to ban disposable e-cigarettes in Belgium, reports Euractiv.

In December 2022, the...

NEW ZEALAND
New Zealand to ban sale of disposables

New Zealand has announced plans to ban disposable e-cigarettes and increase fines for those who sell such products to minors, reports The Independent.
The...

UNITED STATES

Altria to raise USD 2.4bn by selling BUD shares

Altria has announced that it entered accelerated share repurchase (ASR) transactions under separate agreements with Morgan Stanley & Co. LLC and Goldman Sachs & Co. LLC to repurchase USD 2.4 billion of its common...

UNITED KINGDOM
UK introduces new anti-smoking Bill

The UK government’s landmark Tobacco and Vapes Bill is set to be introduced in parliament on 20 March, bringing the vision of a smokefree generation one step...

MOROCCO
First legal cannabis harvest

Morocco has celebrated its first legal cannabis harvest at 294 metric tons after its cultivation and export for medicinal and industrial use was approved...

UNITED STATES
USD 235 million settlement approved

On 14 March 2024, U.S. District Judge William Orrick of the Northern District of California issued an order granting final approval of a comprehensive USD 235...

UKRAINE
Cigarettes to become more expensive

Ukraine's Cabinet of Ministers has approved a draft law providing for a gradual increase in specific excise duty rates on cigarettes by 2028 to the minimum...

UNITED STATES
Altria to sell some Anheuser-Busch shares

Altria Group, Inc. (Altria) has announced its intent to sell a portion of its investment in Anheuser-Busch (ABI).
Altria currently holds approximately 197...

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