Frankfurt | Reuters — Bayer, trying to contain billions of dollars in legal costs, filed a petition with the U.S. Supreme Court to reverse an appeals court verdict that upheld […] Read more
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Tag Archives roundup
Bayer takes battle over Roundup cancer claims to U.S. Supreme Court
U.S. judge rejects Roundup settlement plan as ‘unreasonable’
Proposal would cover suits over future illnesses
Reuters — A U.S. judge rejected Bayer’s US$2 billion class action proposal to resolve future lawsuits alleging its Roundup herbicide causes cancer, saying in a Wednesday order that parts of […] Read more
Mexican judge rejects industry bid to halt GMO corn, glyphosate ban
Farm council warns of lost productivity
Mexico City | Reuters — A Mexican federal judge ruled against a request by the National Farm Council to freeze a government plan to ban genetically modified (GMO) corn and […] Read more
U.S. judge raises doubts ahead of hearing on Roundup settlement
'The last question is a killer'
Reuters — A U.S. federal judge on Tuesday questioned a US$2 billion proposal by Bayer that would create a framework for resolving future claims that its Roundup herbicide causes cancer, […] Read more
German cabinet approves legislation to ban glyphosate from 2024
Law would still need parliamentary approval
Berlin | Reuters — Farmers in Germany will have to gradually reduce their use of glyphosate and stop using it completely from 2024 in order to preserve clean habitats for […] Read more
Bayer takes major writedown, flags Roundup settlement bill
Company writes down agribusiness assets
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 plans more cost cuts, impairment charges
Pandemic now expected to hit crop science wing
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
Bayer resolves more U.S. Roundup cases
Judge keeps pause on litigation
Reuters — Attorneys for Bayer and U.S. consumers suing the company over allegations its Roundup herbicide caused cancer told a judge on Thursday they are continuing to resolve thousands more […] Read more
Mexico to phase out use of glyphosate
Farmers to have until 2024 to phase out herbicide
Mexico City | Reuters — Mexico will gradually phase out use of the herbicide glyphosate by the time the current administration ends in late 2024, President Andres Manuel Lopez Obrador […] Read more
Bayer books second-quarter loss after settlement
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