Bayer is now facing 42,700 compensation claims, mostly in US courts. CEO Werner Baumann is calling for an "economically-viable" settlement of these cases but has also announced that 12,000 jobs will be cut by the end of 2021. EURACTIV's partner Der Tag...
In the next five years, no alternative to glyphosate is going to “magically” appear in the market, Dr Bob Reiter, a high-ranking official from Bayer, told EURACTIV.com, referring to the controversial herbicide that has been the subject of heated debates across Europe.
The German Federal Minister for the Environment is calling for pesticide-free compensation areas and a binding date for the phase-out of glyphosate. However, this has annoyed the Federal Minister of Food and Agriculture. EURACTIV Germany’s partner Der Tagesspiegel reports.
The much-awaited digitisation of the EU farming sector has taken centre stage in the last few years. But its ultimate application in the post-2020 Common Agricultural Policy (CAP) is still unclear.
The connection between digital farming and sustainable production is not yet clear in the minds of many policymakers, Bayer’s Bruno Tremblay told EURACTIV.com in an interview, adding that some farmers look at this kind of innovation as a way to control them.
An extensive regulatory process on gene editing adds more bureaucracy, increasing costs and slowing down innovation, Liam Condon, President of Bayer’s crop science division told EURACTIV.com.
Bayer shares registered yet another sharp decrease on Thursday (16 August), dropping as much as 6.5% in Frankfurt to hover near the 76 euros level as investors fear the German chemicals and pharmaceuticals giant may face numerous litigations in the US after its controversial merger with Monsanto.
German chemicals and pharmaceuticals giant Bayer will seal a $63-billion merger with US-based Monsanto Thursday, creating an agrichemical juggernaut with lofty ambitions to feed the world but feared by environmentalists.
No one can blame the European Commission of being in the hands of industry lobbies, as in both the glyphosate and neonicotinoids cases, it made “consistent” decisions, EU Health Commissioner Vytenis Andriukaitis told EURACTIV.com.
The European Commission presented on 11 April a proposal aiming to restore public trust in scientific studies on food safety, suggesting more transparency in decision-making and greater involvement of member states’ experts.