Berlin | Reuters — German drugs and chemical company Bayer announced plans on Wednesday for more than 1.5 billion euros (C$2.34 billion) of cost cuts as of 2024 and said […] Read more
Tag Archives monsanto
Bayer plans more cost cuts, impairment charges
Pandemic now expected to hit crop science wing
Bayer loses California appeal of Roundup verdict
Damages payable to plaintiff are further reduced
Reuters — Bayer AG failed to persuade a California appeals court to overturn a verdict favouring a school groundskeeper who claimed its Roundup weed killer caused his cancer but reduced […] Read more
Bayer puts Roundup future claims settlement on hold
Judge questions proposal for third-party scientists to rule on chemical's carcinogenicity
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
Editorial: Bayer puts faith in science in lawsuit settlement
Legal systems can be strange and expensive, especially in the United States where it seems that it’s less expensive to pay massive sums to settle disputes, even if you expect […] Read more
Investors pile into Bayer bond to pay settlement charges
Amsterdam | Reuters — Investors piled into a Bayer bond on Wednesday that will help pay for a long-negotiated settlement of U.S. lawsuits claiming its widely-used herbicide Roundup caused cancer. […] Read more
U.S. settlements not expected to change availability, labels for glyphosate, dicamba
Bayer to pay up to US$12 billion to resolve ag chem, PCB claims; company is "not contemplating" a Canadian glyphosate settlement
Updated, June 25 — Farmers in Canada, the U.S. and elsewhere shouldn’t expect any changes to availability or label directions for Bayer’s stable of glyphosate and dicamba herbicides, coming out […] Read more
Bayer reportedly near glyphosate settlement after lengthy talks
Proposed settlement said to include $2 billion for future cases
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
U.S. court blocks California cancer label on Roundup
WHO agency's ruling alone insufficient, judge says
Reuters — A U.S. federal appeals court on Monday blocked California from requiring that Bayer label its glyphosate-based herbicide Roundup with a cancer warning, handing the company a victory in […] Read more
Proxy advisers split over endorsing Bayer management
Chemical giant to host AGM April 28
Frankfurt | Reuters — Shareholder advisory groups are divided over whether to endorse the management and directors at German drugs and pesticides company Bayer, according to recommendations submitted by proxy […] Read more
Bayer reported inching toward glyphosate settlement
Reuters — Bayer has agreed on draft settlement terms with half a dozen law firms representing tens of thousands of plaintiffs alleging that its Roundup herbicide causes cancer, the Wall […] Read more