Bayer, the German crop science and chemicals group reeling from U.S. litigation ...
FRANKFURT - Bayer, the German crop science and chemicals group reeling from U.S. litigation over claims its glyphosate pesticide causes cancer, said on Friday it would invest 5 billion euros in weedkiller research.
Launching a public relations offensive to repair an image tarnished by fallout from its takeover of glyphosate maker Monsanto, Bayer also promised to reduce its environmental impact by 30% through 2030., affirming its"heightened responsibility and ... unique potential to advance farming for the benefit of society and the planet."
It was the third consecutive U.S. jury verdict against Roundup, which Bayer acquired as part of its $63 billion purchase of Monsanto last year. Bayer says glyphosate is safe. Baumann has beefed up Bayer’s crisis PR operation and taken personal charge of efforts to repair the company’s image, as it also faces a backlash at home in Germany over a collapse in insect populations that environmentalists blame on excessive use of weedkillers by farmers.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bayer says to invest 5 billion euros in new weed killersBayer said it would invest 5 billion euros ($5.6 billion) in developing new weed...
Read more »
Carole Bayer Sager Looks Back on Songwriting With Burt Bacharach, Marvin Hamlisch & Bob DylanCarole Bayer Sager, recipient of this year's Songwriters Hall of Fame Johnny Mercer Award, scored a Billboard Hot 100 No. 1 hit with her first record, 'A Groovy Kind of Love.'
Read more »
Italy's Salvini threatens to use strict new law on German NGO boatItalian Interior Minister Matteo Salvini threatened on Wednesday to use tough, n...
Read more »
Pricey German auction interferes with 5G signalThe country’s telco operators spent 6.6 bln euros on radio frequencies for next-generation mobile networks. That makes it harder for the likes of Deutsche Telekom and Vodafone to make money from 5G connections. Fierce competition means shareholders, not consumers, bear the brunt.
Read more »
Film Industry Protests Far-Right Surge in Hollywood's Favorite German BacklotGerman stars, including Daniel Bruhl, have called on voters to prevent the election of a far-right mayor in the eastern German town of Gorlitz, where 'The Grand Budapest Hotel,' 'The Reader' and 'Inglorious Basterds' were shot.
Read more »
German boat captain faces possible prison term for saving migrants from drowning at seaA German boat captain who rescues migrants in the Mediterranean Sea has been charged with assisting in illegal immigration in Italy, according to Germany’s public international broadcaster DW…
Read more »