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The Latest Breaking News from Tobacco

Philip Morris Supplier With Inexpensive Stock Price Surges In Value Rankings

Universal Corp. (NYSE:UVV), the world's largest supplier of leaf tobacco and a vendor to Philip Morris International Inc. (NYSE:PM), has surged into the top decile of U.S. stocks by value ranking, underlining its status as an attractively priced company.

Benzinga

AI firms must be clear on risks or repeat tobacco’s mistakes, says Anthropic chief

Artificial intelligence will become smarter than ‘most or all humans in most or all ways’, says Dario Amodei

The Guardian - UK

Can a global health conference on tobacco control kick butts?

Decision-makers from around the world are gathering in Geneva from Monday for a week-long conference that could help determine the direction of international efforts to rein in the dangers of tobacco. The environmental impact of cigarettes and marketing strategies that target young consumers will be top of the agenda.

Radio France Internationale

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Brickbat: Puff? Pass.

The Maldives has banned anyone born on or after January 1, 2007, from buying, using, or selling tobacco. The health… The post Brickbat: Puff? Pass. appeared first on Reason.com.

Reason

‘Utter hypocrisy’: tobacco firm lobbied against rules in Africa that are law in UK

British American Tobacco pushed Zambian ministers to drop or delay ad bans, health warnings and restrictions on flavoured products, letter shows

The Guardian - UK

Experts concerned over health effects of high-dose nicotine pouches as sales soar in UK

Teenagers reported nicotine rushes, sickness and fainting in recent research amid claims of ‘targeting younger age groups’

The Guardian - UK

Landlords in illegal tobacco, vape store firing line

An illicit tobacco and vape crackdown is expanding to landlords, with jail time threatened for those who don't shut down dodgy shops.

AAP

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NSW shop landlords could be jailed for allowing tenants to sell illicit tobacco and vapes under new laws

Laws being introduced to state parliament will allow fines up to $165,000, a year in prison, or both for owners of commercial premises

The Guardian - AU

Polish tobacco producers protest as EU weighs up cutting funding to farms

Ahead of a meeting later this month where the EU will decide whether to adopt World Health Organization recommendations to cut funding to European tobacco farms, Polish producers are making their voices heard.

Radio France Internationale

Tobacco tax cut 'no fix' to $4b smugglers' paradise

Public health experts are urging authorities not to get the jitters on tobacco taxes as the economic cost of Australia's black market trade explodes.

AAP

Illegal tobacco burns $3.3bn hole in Australia’s tax revenue, crime agency says

ACIC report says total impact of illicit trade on economy amounted to $4bn in a year amid debate over cigarette excise

The Guardian - AU

The RBA predicts inflation will rise faster than wages. Let’s hope it’s wrong

If the Reserve Bank is right, then by the end of 2027 the average wage will only have the same purchasing power as it did at the end of 2011

The Guardian - AU

Vaping has slowed progress in cutting teen smoking in NZ – new study

Smoking rates among adults have declined in Aotearoa New Zealand over recent decades, from 18% smoking regularly in 2011/12 to 8% in 2023/24.

The Conversation

Smoke shops shut down a stone's throw from health HQ

Two stores allegedly selling illicit tobacco and vape products were operating metres from the offices of health officials attempting to curb the prolific issue.

AAP

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Euronews

Maldives bans smoking for all young people including tourists. Here’s what travellers need to know

The Maldives already has strict rules around bringing electronic cigarettes into the country.

The Independent UK

Maldives bans smoking for all young people – including tourists

The new law applies to both residents and visitors to the South Asian archipelago

The Guardian - AU

First stores allegedly selling illegal tobacco shut down in Sydney as officials wield new powers

Health minister Ryan Park promises the two closures are ‘just the beginning’ as NSW tries to stem sharp rise in illicit cigarettes and vapes

AAP

Illicit cigarettes surge clouds modest spending lift

A 0.2 per cent rise in household spending in September would have been twice as strong if not for a fall in legal tobacco sales, according to official figures.

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AAP

Retailers ponder quitting ciggies as illegal sales soar

Supermarkets and smaller retailers are feeling the pain of the illegal tobacco trade, posting super-sized drops in revenue in recent reporting.

We Got This Covered

2 boys disappear from a tobacco field. 28 years later, their mother spots them performing as cannibals in a circus tent

Two boys vanished from a field in 1899. Their mother searched for three decades.

Benzinga

Why Is Marlboro-Maker Altria Stock Falling Today?

Altria Group, Inc. (NYSE:MO) shares slipped on Thursday as a slump in smokeable and oral tobacco sales in the third quarter weighed on year-over-year revenue growth.

Barchart

Altria Stock: Is Wall Street Bullish or Bearish?

Altria has outperformed the broader market over the past year, but analysts are cautious about the stock’s prospects.

Barchart

This Dividend Stock Yields 4% and Just Raised Its Guidance. Should You Buy It Now?

Philip Morris just raised its dividend payout and EPS guidance. But is it worth taking a drag on the tobacco stock?

AAP

Car shot up outside long-targeted tobacco store

A tobacco store has been targeted for a fifth time, with gunshots fired at a car parked outside the business.

The Guardian - UK

Over 1,200 health leaders call for swift passage of UK tobacco and vapes bill

Experts publish letter as peers prepare to scrutinise draft legislation six months after its second Commons reading

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