US Stock Futures Steady Ahead of Tesla, Alphabet Earnings as Iran Conflict Keeps Markets on Edge 
US Dollar Climbs to Weekly High as Middle East Tensions Lift Treasury Yields and Safe-Haven Demand 
Gold Price Climbs Above $4,130 as Middle East Tensions Boost Safe-Haven Demand 
Scandinavian Tobacco Group Sells BREAK and Moro Brands to Japan Tobacco for €176 Million 
India FMCG Q1 Earnings Preview: Higher Input Costs Likely to Weigh on Profit Margins 
Cathay Pacific Sees H1 Profit Surge on Strong Travel Demand 
Gold Climbs Above $4,000 as Middle East Tensions and Fed Outlook Drive Safe-Haven Demand 
Wistron Opens $700M Texas AI Factory to Build Nvidia Superchips in U.S. 
Nasdaq Drops as AI Earnings, Oil Surge and Middle East Tensions Weigh on Wall Street 
European Stocks Slip as Earnings, UK Inflation and ECB Decision Keep Investors on Edge 
Houthi Naval Blockade on Saudi Arabia Escalates Iran Conflict, Threatens Global Oil Supply 
US Stock Futures Rise as AI Optimism Lifts Tech, 3M Jumps on Strong Earnings 
Asian Stocks Rally on AI Spending Optimism as Middle East Tensions Push Oil to Six-Week High 
Asian Currencies Hold Steady as Middle East Tensions Boost US Dollar, Oil Concerns 
Macquarie Names Greg Ward as CEO, Signaling Stability and Strategic Continuity 
Judge Approves Anthropic’s $1.5 Billion AI Copyright Settlement With Authors 
Australia Jobs Surge in June Strengthens Case for More RBA Rate Hikes 
Philip Morris will not be selling its world-famous Marlboro cigarette products any longer in 10 years’ time. The cigarette maker said it would stop the sales in the United Kingdom, and it will be replaced by the company’s new smoke-free products.
Small steps to stop smoking in the U.K.
Fox Business reported that Philip Morris International (PMI) made the announcement about its intention to pull out Marlboro in the U.K. as part of its goal to have a cigarette-less world. The company clearly knows that cigarette smoking should stop now, so it will instead introduce new products to keep the business going.
"PMI can see a world without cigarettes," PMI’s chief of global scientific communications, Dr. Moira Gilchrist, told Fox Business. "The sooner it happens, the better it is for everyone."
She further said that only quitting is the best option, but for people who really can’t give it up, science and technology will allow Philip Morris and other tobacco companies to make and introduce better alternatives so they can continue smoking.
"Encouraging people who don’t quit to switch to these better alternatives, together with strong regulation will help solve the problem of cigarette smoking once and for all," she added.
In any case, this is a timely plan for Philip Morris as Britain already set a target of making the region "smoke-free" by 2030. This is also part of the reason why PMI is making a commitment to produce alternatives and help the territory meet the deadline.
End of the Marlboro era
With Philip Morris’ announcement, it is possible that Marlboro may no longer exist in the future. The company is ending its flagship brand’s sales in the U.K., and other countries may soon follow.
This is good news as campaign groups have long been advocating to stop smoking altogether, and this should begin with the companies that make them. Aside from the fact that smoking is a health hazard, it is also harming the environment with the smoke it produces.
As per CNBC, the World Health Organization said smoking is one of the biggest public health threats the world has ever faced, and the United Nations’ health unit reported 8 million deaths a year. Thus, it is clear that smoking should stop altogether.
