The Latest Breaking News from Philip Morris International

Find out why weak IQOS shipments have led to disappointing Q4 results for Philip Morris. Explore the impact on the company and its future prospects.

Does vaping offer an opportunity for smokers to kick their deadly tobacco habit, or pose a vast new health threat to the world's young people?

Spanish police raided three clandestine tobacco factories early this year, seizing nearly 40 million euros ($44 million) worth of tobacco leaf and illicit cigarettes.

As the TGA considers at least 4,000 submissions, tobacco companies appear to be heightening lobbying efforts

Pandemic-led rise in demand for smoking products and growing health concerns have incentivized tobacco companies to invent low-risk tobacco products, which should drive the industry’s growth. Moreover, being a part of the consumer defensive industry, tobacco manufacturers Altria Group (MO) and Philip Morris (PM) should witness significant investors’ attention amid…

A report published Thursday has lit a fire under the tobacco industry, which it accuses of causing widespread environmental harm while greenwashing its products and practices in order to mask the real damage.

A longtime Russian business associate of American tobacco giant Philip Morris International Inc - a billionaire whose holdings have included a major stake in a weapons plant supplying Russia’s military - has been sanctioned in Europe for aiding Russia’s invasion of Ukraine, according to a Reuters review of business registries…