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Patricia Weiss


Stories by Patricia Weiss

(Dave Bedard photo)
News

Bayer tells US it could halt Roundup weedkiller sales over legal risks

By Ludwig Burger, Patricia Weiss, Reuters March 7, 2025
Bayer has told U.S. lawmakers it could stop selling Roundup weedkiller unless they can strengthen legal protection against product liability litigation.

The Bayer AG logo at the headquarters in France.  Photo: Reuters/Benoit Tessier/File
News

Bayer’s shares sink to 20-year low on 2025 earnings fall forecast

By Ludwig Burger, Patricia Weiss, Reuters November 12, 2024
Bayer said on Tuesday that weak agricultural markets mean its earnings are likely to fall further next year, sparking a sharp fall in the German company's shares and piling pressure on its CEO to deliver on his turnaround efforts.


The Bayer AG logo at the headquarters in France.  Photo: Reuters/Benoit Tessier/File
News

Bayer investor Deka takes a stand against CEO in annual vote

By Ludwig Burger, Patricia Weiss, Reuters April 26, 2024
Bayer shareholder Deka Investment said on Friday it would not join other large investors in supporting the healthcare and agriculture group's management at its annual general meeting.

Photo: Bayer
News

Bayer confirms 2024 outlook despite slow start for agriculture, consumer health units

By Ludwig Burger, Patricia Weiss April 22, 2024
Bayer confirmed its full-year forecast for earnings and cash flow on Monday despite slow business at its crop science and consumer health divisions.

(Bayer.com)
Crops

Bayer under investor pressure to speed up CEO changeover

Drug and chem firm's stock in 'crisis of trust,' investor says

By Ludwig Burger, Patricia Weiss February 1, 2023
Frankfurt | Reuters — A top-10 shareholder in Bayer on Tuesday called on the group’s supervisory board to replace CEO Werner Baumann quickly, adding to investor pressure to restore trust […] Read more


(Bayer.com)
Markets

Bayer’s agriculture unit, consumer health drive outlook hike

By Ludwig Burger, Patricia Weiss August 4, 2022
Frankfurt | Reuters – Agriculture and pharmaceuticals company Bayer BAYGn.DE on Thursday lifted its 2022 earnings guidance on strong demand from farmers for its seeds and crop chemicals and higher […] Read more

Bayer’s cross symbol hangs in a terminal at Frankfurt International Airport. (Typhoonski/iStock Editorial/Getty Images)
Crops

Bayer takes major writedown, flags Roundup settlement bill

Company writes down agribusiness assets

By Ludwig Burger, Patricia Weiss November 3, 2020
Frankfurt | Reuters — Bayer is facing a double hit from a higher legal bill for claims relating to weedkiller Roundup as well as 9.25 billion euros (C$14.2 billion) in […] Read more

(Bayer.com)
Crops

Bayer books second-quarter loss after settlement

By Ludwig Burger, Patricia Weiss August 4, 2020
Frankfurt | Reuters — German drugs and pesticides group Bayer reported a 9.5 billion-euro (C$14.86 billion) net loss for its second quarter, following a US$10.9 billion settlement of U.S. lawsuits […] Read more


(Dave Bedard photo)
Crops

Bayer puts Roundup future claims settlement on hold

Judge questions proposal for third-party scientists to rule on chemical's carcinogenicity

By Patricia Weiss, Tina Bellon July 9, 2020
Frankfurt | Reuters — Bayer was forced on Wednesday to delay part of a proposed settlement of allegations that its widely used herbicide Roundup caused cancer after a U.S. judge […] Read more

(Dave Bedard photo)
Crops

Bayer reportedly near glyphosate settlement after lengthy talks

Proposed settlement said to include $2 billion for future cases

By Patricia Weiss, Tina Bellon June 23, 2020
Reuters — Germany’s Bayer is set to reach a settlement this week with U.S. plaintiffs that claim its glyphosate-based herbicides cause cancer, two people familiar with the matter told Reuters. […] Read more

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