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
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
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