Bayer Archives - Page 13 of 24

Bayer seeks glyphosate litigation advice as Elliott reveals stake

By Reuters, GFM Network News June 26, 2019

Frankfurt | Reuters — Chemicals giant Bayer , under pressure from activist shareholders, said on Wednesday it has hired an external lawyer to advise its supervisory board and has set up a committee to help resolve a multi-billion dollar glyphosate litigation issue. Bayer has seen its share price tumble in the wake of its US$63 […] Read more

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

Crops, Machinery

Bayer to invest $7.5 billion in new herbicides

By Reuters, GFM Network News June 14, 2019

Berlin | Reuters — Bayer said it would invest five billion euros (C$7.5 billion) in developing new weedkillers and reducing its environmental impact by 30 per cent by 2030, as it seeks to address the fallout from U.S. class-action litigation over glyphosate. “While glyphosate will continue to play an important role in agriculture and in […] Read more

Crops, Reuters, Spring Wheat

USDA investigates unapproved GMO wheat in Washington state

By GFM Network News June 8, 2019

Chicago | Reuters — The U.S. Department of Agriculture has confirmed the discovery of unapproved, genetically modified (GM) wheat plants growing in an un-planted agricultural field in Washington state. There was no evidence the wheat had entered the food supply, USDA’s Animal and Plant Health Inspection Service said in a statement on Friday. The wheat […] Read more

Crops, Reuters

California jury hits Bayer with US$2 billion award

By GFM Network News May 13, 2019

Reuters — A California jury on Monday awarded more than US$2 billion to a couple who claimed Bayer’s glyphosate-based Roundup herbicide caused their cancer, in the largest U.S. jury verdict to date against the company in litigation over the chemical. It was the third consecutive U.S. jury verdict against the company in litigation over the […] Read more

Crops, Reuters

Glyphosate not a carcinogen, U.S. EPA reiterates

By GFM Network News May 1, 2019

Chicago | Reuters — The U.S. Environmental Protection Agency (EPA) said on Tuesday that glyphosate, a chemical in many popular weed killers, is not a carcinogen, contradicting decisions by U.S. juries that found it caused cancer in people. The EPA’s announcement reaffirms its earlier findings about the safety of glyphosate, the key ingredient in Bayer’s […] Read more

Bayer CEO Werner Baumann speaks during the company’s annual general shareholders’ meeting in Bonn, Germany on April 26, 2019. (Photo: Reuters/Wolfgang Rattay)

Crops, Reuters

Investors call for reprieve for Bayer bosses after AGM rebuke

By GFM Network News April 29, 2019

Frankfurt | Reuters — Three of Bayer’s largest German investors said the drugmaker’s embattled management needed to stay at the helm to avoid further upheaval, despite their unease over a share price slump in the wake of the US$63 billion Monsanto takeover. The backing for CEO Werner Baumann comes after an unprecedented rebuke at the […] Read more

Crops, Reuters

Bayer shareholders vent ire over Monsanto-linked stock rout

By GFM Network News April 26, 2019

Bonn | Reuters — Bayer shareholders vented their anger over its stock price slump on Friday as litigation risks mount from the German drugmaker’s US$63 billion takeover of seed and chemical firm Monsanto. Several large investors said they will not support aspirin invesotr Bayer’s management in a key vote scheduled for the end of its […] Read more

Crops, Reuters

U.S. criticizes Vietnam ban of glyphosate imports

By GFM Network News April 11, 2019

Chicago/Hanoi | Reuters — U.S. Secretary of Agriculture Sonny Perdue on Thursday criticized Vietnam’s move to ban imports of glyphosate-based herbicides, saying the decision would have “devastating impacts on global agricultural production.” Vietnam’s government said in a statement that the toxic level of herbicides containing glyphosate had long been of concern, in the latest display […] Read more

A file photo of rapeseed fields near Vouziers in France’s Ardennes department. (Photopixal/iStock/Getty Images)

Canola, Crops, Reuters

French rapeseed farmers destroy 18,000 hectares over GMO risk

By Reuters, GFM Network News April 5, 2019

Paris | Reuters — French farmers destroyed a total of 18,000 hectares of rapeseed, more than double the area initially expected, following the discovery of a non-authorized genetically modified organism (GMO) in seeds, German group Bayer said on Friday. Bayer had announced in February that farmers in France and Germany were turning over thousands of […] Read more

Crops

BASF Ag Solutions to move Canadian head office west

By GFM Network News March 29, 2019

The Canadian arm of BASF Agricultural Solutions plans to relocate its head office to Calgary from Mississauga effective Oct. 1. The crop protection arm of the German chemical company said Wednesday it wants to move the Canadian head office “closer to customers” after closing its deals last year to buy a “range of businesses and […] Read more

Daily Network News

USDA attachés forecast some changes in China’s oilseeds, cereals

China urges hog producers to manage output, vows timely reserve adjustments

Farm Credit Canada offers aid to farmers, companies affected by Iran war price spikes

Tag Archives Bayer

Bayer seeks glyphosate litigation advice as Elliott reveals stake

Bayer to invest $7.5 billion in new herbicides

USDA investigates unapproved GMO wheat in Washington state

California jury hits Bayer with US$2 billion award

Glyphosate not a carcinogen, U.S. EPA reiterates

Investors call for reprieve for Bayer bosses after AGM rebuke

Bayer shareholders vent ire over Monsanto-linked stock rout

U.S. criticizes Vietnam ban of glyphosate imports

French rapeseed farmers destroy 18,000 hectares over GMO risk

BASF Ag Solutions to move Canadian head office west

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