The U.S. Food and Drug Administration seem to be all set finally to exercise control over the tobacco industry in case if a reintroduced bill passes through Congress. The battle of conflicting interests in the tobacco industry has once...

The US Supreme Court in a path breaking ruling imposed new constitutional limits on some court damages awards. The court in its ruling in a case involving tobacco firm Philip Morris thrown out the claim that the firm must pay $79.5 million...

Altria Group Inc.’s Philip Morris International is all set to acquire majority stake in Lakson Tobacco Co., Pakistan’s second-largest cigarette maker, for $338.9 million. Philip Morris will buy 50.2 percent of Karachi-based Lakson for...

The US Supreme Court yesterday upheld last year’s Illinois Supreme Court ruling throwing out the massive $10.1 billion judgment against Philip Morris in a class-action lawsuit involving cigarettes sold as ‘light’. The...

The forthcoming smoking bans in Britain have been criticized by British American Tobacco as it reported a 9% rise in underlying profits. The bans are called by BAT, the world’s second largest tobacco firm after Philip Morris. The ban will...