/ May 3, 2016

Tobacco tax hike to add billions to Australia's coffers

Smokers in Australia could pay approximately $40 Australian dollars ($30) for a pack of cigarettes from 2020, under revenue-boosting budget measures announced Tuesday. The cost of cigarettes will rise 12.5 percent every year, starting from 2017, with a packet currently costing around AU$25, according to ...

/ Feb 17, 2015

Japan Tobacco acquires rights to U.S. firm Ploom Brand

Japan Tobacco Inc. said Tuesday its international division, Japan Tobacco International, has acquired patents and trademarks related to the tobacco vaporization device business from U.S. company Ploom Inc. The value of the deal was not disclosed. Ploom will buy back the 27 percent equity stake ...