News dall’estero_25 luglio 2018

Yahoo Finance, 24/07/2018

US: Massachusetts opens probe to find out if e-cigarette leader Juul Labs markets to minors

Juul Labs, the e-cigarette manufacturer with links to Japan Tobacco International, is being investigated by the Massachusetts Attorney General, Maura Healey, for failing to prevent minors from buying its products. Juul has an unrivalled position in the US e-cigarette market, holding a market share of 71%, but public health officials have raised concerns over the company’s marketing strategies and the role e-cigarette flavours play in attracting young people to certain products.  The Massachusetts investigation wants to know how many minors use Juul products and how effective the company’s age verification system is.

https://uk.finance.yahoo.com/news/massachusetts-opens-probe-e-cigarette-165300418.html

China Daily, 25/07/2018

China: Lax enforcement keeps train smokers puffing along

New research has found poor levels of compliance with anti-smoking regulations on Chinese railways. Tobacco control policies applying to almost 90% of Chinese railways require that station waiting areas, platforms and train cars be smokefree. However, health officials from the Chinese Centre for Disease Control and Prevention have found that smoking on trains is a regular occurrence, particularly on slower trains which carry over one billion passengers a year. Recently, a Beijing court ruled in favour of a passenger who sued Harbin Railway Bureau for having smoking areas on a slow train. Wang Qingbin, a professor at China University of Political Science and Law, stated that: “the current slack regulation fails to meet our expectations, and harsher enforcement is needed in the push for smoke-free environments.”

http://europe.chinadaily.com.cn/a/201807/25/WS5b57ce8fa31031a351e8ff44.html

Citywire Selector, 24/07/2018

Holland: Kempen becomes latest to extinguish tobacco investments

The Dutch asset management firm, Kempen Capital Management, has decided to restrict investments in the tobacco industry by December 2018. Kempen, which oversees €59.9 billion assets, is one of several firms including BNP Paribas AM and GQG Partners, to have restricted or removed tobacco stocks from their investment funds. Kempen’s director of impact and responsible investment, Narina Mnatsakanian, said: “Tobacco has a proven negative impact on society and many international standards support this position.”

http://citywireselector.com/news/kempen-becomes-latest-to-extinguish-tobacco-bets/a1140880