Insights and Stories on Roundup

Aug. 13, 2020 at 2:56 am CDT

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 […]

By Reuters

Aug. 4, 2020 at 7:12 am CDT

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 […]

By Ludwig Burger, Patricia Weiss

Jul. 20, 2020 at 5:10 pm CDT

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 […]

By jonathan-stempel, Tina Bellon

Jul. 8, 2020 at 9:04 pm CDT

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 questioned its plan to deal with future claims. The German company said that lawyers representing those preparing a class action […]

By Patricia Weiss, Tina Bellon

Jul. 1, 2020 at 4:18 pm CDT

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. Demand for the four-tranche bond sale, whose proceeds will include the litigation payments, exceeded 17.5 billion euros, nearly three times […]

By Yoruk Bahceli