Archive - October 2006

INDIA
Cigarettes, hotels boost ITC earnings

Indian cigarette manufacturer ITC has recorded an 18.7 per cent jump in its earnings for the second quarter, backed by strong revenues from cigarettes and...

UNITED KINGDOM
Imperial Tobacco seeks acquisitions

Britain's Imperial Tobacco, the world's fourth-biggest cigarette firm, said it was seeking acquisitions but there was not much on the horizon as it...

RUSSIA
New premium brands launched

Early October has seen a surge in launch of new premium cigarette brands on the Russian market.

UNITED STATES
Lorillard to sell Swedish Match tobacco in US

Lorillard Tobacco Company said on Wednesday it will develop and sell smokeless tobacco products in the United States with Swedish Match, making it the second...

UNITED STATES
Altria moves closer to Kraft spin-off

The Altria Group moved closer to spinning off its Kraft Foods unit yesterday, despite concerns about tobacco litigation, saying it would make a final decision...

RUSSIA
PM to launch new ultra-premium brand

In November Philip Morris will launch Parliament Reserve cigarettes in Moscow, a pack of which costs 200 rubles, said a source familiar with the plans of the...

CHINA
Hong Kong to go smokefree

The legislative council of Hong Kong approved a law that will require virtually all workplaces, including restaurants and bars, to be smokefree.

CANADA
Ontario's tobacco tax take drops

A combination of fewer smokers and more illegal cigarettes for sale in Ontario resulted in a C$ 73.4-million drop in provincial tax revenues in the last year...

UNITED STATES
Tobacco company fights cigarette curbs

RJ Reynolds Tobacco filed a federal lawsuit Wednesday that seeks to invalidate a Seattle city ordinance and a county health board regulation that ban the...

UNITED KINGDOM
British American Tobacco exits Formula One

British American Tobacco exits Formula One at the Brazilian Grand Prix this weekend  after  eight  years of Lucky Strike sponsorship – and...

PAKISTAN
CBR to take action against tax evasion

Pakistan's Central Board of Revenue (CBR) has directed tax authorities in North West Frontier Province to ensure registration of all green leaf threshing...

CANADA
One in four cigarettes smuggled

Nearly one in four cigarettes smoked in Ontario and Quebec is illegal, according to a new study by Canada's largest tobacco company.

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