Philip Morris International Inc. called off a sale or separation of its $1 billion US cigar business in the latest sign of ...

(Bloomberg) -- Philip Morris International Inc. faces the possibility of having imports of its IQOS heated-tobacco sticks to the U.S. blocked as early as November in an intensifying legal battle ...

LONDON (Reuters) - Philip Morris International began selling its IQOS heated tobacco device in Austin, Texas on Thursday for $60 a piece, an executive told Reuters, kicking off efforts by the ...

The Supreme Court on Monday decided not to review a $50 million punitive damage award that lower courts in California enforced upon cigarette manufacturer Philip Morris USA.

The US tobacco giant Philip Morris said on Friday it shut down its plant in Uruguay because the country's anti-smoking policies make business unprofitable. Philip Morris' local unit sued Uruguay ...

PMI hopes to capture a 10% share of U.S. tobacco and heated tobacco unit volume by 2030 and build a substantial base of new users in the world's top market for smoking alternatives. Reuters ...

LONDON (Reuters) - Philip Morris International began selling its IQOS heated tobacco device in Austin, Texas on Thursday for $60 a piece, an executive told Reuters, kicking off efforts by the world's ...