Archive - December 2007

FRANCE
Tobacconists protest against smoking ban

About 10,000 people, mainly tobacco sellers, marched through Paris on Wednesday to protest the smoking ban in cafes that will go into effect in January.

NORTH KOREA
Chinese tobacco firm launches joint venture

The State Tobacco Monopoly Administration (STMA) approved the establishment in North Korea of a joint venture, Pyongyang White Mountain Tobacco Co., by Jilin...

LUXEMBOURG
Richemont considers splitting BAT stake

Luxury goods giant Compagnie Financiere Richemont said today that it is considering splitting off its luxury goods operations from a 19.3 per cent stake in...

ITALY
Senate paves way for class action lawsuits

Italy's Senate has approved an amendment to the 2008 budget that would introduce collective class action lawsuits to Italy's legal system for the...

SPAIN
Altadis board recommends Imperial offer

The Altadis board of directors has unanimously approved the takeover bid by Imperial Tobacco and recommends the offer to its shareholders.

UNITED STATES
Altria sells New York headquarters

Altria Group Inc announced on Tuesday that it would sell its headquarters on Park Avenue in Manhattan for US$ 525 million to a unit of the private real estate...

DENMARK/ UNITED STATES
Union Engineering acquires Airco DIET

Union Engineering a/s of Denmark, a global market leader in CO2 plants, announced the acquisition of Airco DIET, a supplier of tobacco expansion plants.

UNITED STATES
Smoking rates attributed to campaign spending

The national Centers for Disease Control and Prevention (CDC) said that reduced spending on anti-tobacco campaigns and bigger marketing budgets from cigarette...

UNITED ARAB EMIRATES
Shisha cafes given one year to move indoors

The Dubai Municipality (DM) has given a one-year ‘grace’ period to cafes that serve shisha or hookah in the open to make arrangements for indoor serving.

NIGERIA
Government sues tobacco firms for damages

The Nigerian government has filed a suit against three tobacco companies, seeking 5.3 trillion naira (US$ 42 billion) in damages for public health costs for...

PHILIPPINES
WHO urges government to increase cigarette tax

The World Health Organization has urged the Philippine government to raise the excise tax on cigarettes, saying the low tax in the country was not helping the...

INDONESIA
Bill on tobacco control proposed

A House of Representatives group has proposed a bill on tobacco control, which would ban cigarette advertisements and the sale of cigarettes to minors, as well...

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