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Shops face hardline stance on tobacco.
(From Off Licence News)
Byline: Rebecca Evans
Shops could be banned from selling cigarettes for up to a year in the government's toughest crackdown yet on under-age sales. Magistrates are to be given powers to stop shops selling tobacco products if they have failed three test purchases over a two-year period. Shop staff could even find the ban follows them to a new job as the order can apply to the worker as well as the premises. Flouting the ban would attract a fine of up to AGBP20,000.
Details of the plans were revealed in a letter from the Department of Health to councils. The regime - detailed in a Home Office briefing paper passed to OLN - is a form of "negative licensing", or system which allows retailers to sell tobacco unless they are proven to have persistently broken the law. The government had been considering introducing licences for tobacco sales, but dropped the idea after consultation. Retailers have already had to adjust to the law change ...
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- Newspaper article from: Knight Ridder/Tribune Business News Blackwell, John Reid November 30, 2000 700+ words
Dec. 1--The tobacco industry yesterday took another big step away from its traditional method of buying leaf from farmers at auctions. Philip Morris USA, the nation's largest tobacco company, said it will buy some flue-cured tobacco next year directly from growers who agree to sell their entire
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Hunan Tianrun Chemical Industry Developing Co., Ltd. (SZ: 002113) said on September 28th that it plans to buy a 64.74% stake in Hunan Jinye Fertilizer Co from the State-owned Assets Supervision Co., Ltd. of the Yueyang government (SASC Yueyang). Earlier, SASC Yueyang acquired an 82.74% stake in
- New York State Controller Vows Not to Buy Tobacco Company Stocks.(Originated...
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Mar. 20--State Controller Carl McCall yesterday vowed that New York's $75 billion pension fund will immediately halt all purchases of tobacco company stocks. While McCall said he wouldn't sell the system's $624 million in tobacco investments, he pledged to use current holdings to pressure the
- (4th LD) US investors offer to buy tobacco giant KT&G.
- News wire article from: YON - Yonhap News Agency of Korea February 24, 2006 700+ words
SEOUL, Feb. 24 (Yonhap) -- US investors Carl Icahn and Warren Lichtenstein made a tender offer Friday to buy KT&G Corp., South Korea's largest tobacco company. The US investors offered 60,000 won (US$61.91) a share, 17 percent more than KT&G's closing price Thursday in South Korea.
