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Tag Archives Roundup

(File photo by Dave Bedard)
Crops, Reuters

Bayer takes battle over Roundup cancer claims to U.S. Supreme Court

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Reading Time: 2 minutes 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 damages to a customer blaming his cancer on the German group’s glyphosate-based herbicides. Bayer last week lost a third appeal against verdicts that sided with […] Read more
(Dave Bedard photo)
Crops, Reuters

U.S. judge rejects Roundup settlement plan as ‘unreasonable’

Proposal would cover suits over future illnesses

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Reading Time: 2 minutes 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 the plan were “clearly unreasonable.” U.S. District Court Judge Vince Chhabria in San Francisco said the proposal “would accomplish a lot for Monsanto,” which Bayer […] Read more
(Dave Bedard photo)
Crops, Reuters

Mexican judge rejects industry bid to halt GMO corn, glyphosate ban

Farm council warns of lost productivity

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Reading Time: 2 minutes 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 the widely used herbicide glyphosate by 2024, the national science council said on Monday. Judge Martin Adolfo Santos Perez’s ruling allows the executive order issued […] Read more
(File photo by Dave Bedard)
Crops, Reuters

U.S. judge raises doubts ahead of hearing on Roundup settlement

'The last question is a killer'

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Reading Time: 2 minutes 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, casting doubt on the plan a day before a key hearing. Bayer and class action attorneys hope U.S. District Judge Vince Chhabria in San Francisco […] Read more
Bayer’s cross symbol hangs in a terminal at Frankfurt International Airport. (Typhoonski/iStock Editorial/Getty Images)
Crops, Reuters

Bayer takes major writedown, flags Roundup settlement bill

Company writes down agribusiness assets

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Reading Time: 2 minutes 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 impairments on agriculture businesses, much of it related to its Monsanto deal. The company said the write-downs, driven by weaker demand from farmers due to […] Read more
Bayer’s cross symbol hangs in a terminal at Frankfurt International Airport. (Typhoonski/iStock Editorial/Getty Images)
Crops, Reuters

Bayer plans more cost cuts, impairment charges

Pandemic now expected to hit crop science wing

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Reading Time: 2 minutes 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 it would take impairment charges on its agricultural business as it battles with low commodity prices. Bayer said that the impact of the coronavirus on […] Read more
(File photo by Dave Bedard)
Crops, Reuters

Bayer resolves more U.S. Roundup cases

Judge keeps pause on litigation

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Reading Time: 2 minutes 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 U.S. cases, improving prospects for its US$11 billion deal to end the litigation. The hearing was a contrast to the contentious tone among the parties […] Read more
(Dave Bedard photo)
Crops, Reuters

Mexico to phase out use of glyphosate

Farmers to have until 2024 to phase out herbicide

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Reading Time: < 1 minute 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 said on Wednesday, following a ministerial spat over the product. Acknowledging differences between his agriculture and environment ministries over the herbicide, which is used in […] Read more
(Bayer.com)
Crops, Reuters

Bayer books second-quarter loss after settlement

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Reading Time: < 1 minute 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 claiming that its Roundup herbicide caused cancer. The charges stemmed mainly from agreements which attempted to wrap up legal disputes inherited with its US$63 billion […] Read more
Plaintiff Dewayne Johnson listens as attorney Brent Wisner, not shown, speaks about his condition at trial in San Francisco on July 9, 2018. (File photo: Josh Edelson/Pool via Reuters)
Crops, Reuters

Bayer loses California appeal of Roundup verdict

Damages payable to plaintiff are further reduced

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Reading Time: 2 minutes 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 the amount of damages by 74 per cent, to US$20.5 million. The decision by the California Court of Appeal came after a San Francisco jury […] Read more

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