A lengthier recession awaits if we don't take drastic measures to save the economy in a Covid-19 world, writes Mbhazima Shilowa.
Bayer says US seeds and pesticides maker Monsanto kept lists of key pro- or anti-pesticides figures in at least seven EU countries.
Shares in German chemicals and pharmaceuticals giant Bayer have fallen sharply, on media reports of new legal risks stemming from its acquisition of Monsanto.
German chemicals and pharmaceuticals giant Bayer will discard the name Monsanto when it takes over the controversial US seeds and pesticides producer this week, the group said Monday.
German chemicals and pharmaceuticals giant Bayer has upped its forecast for 2017, after netting a big boost to profits on the back of higher sales in the first quarter.
German chemicals giant Bayer has agreed to buy the controversial US seeds and pesticides firm Monsanto for $66bn, in a deal that triggered immediate criticism from environmentalists.
Bayer, whose $62bn takeover bid was rejected earlier by Monsanto, says it’s confident it can overcome the seed company’s concerns about the regulatory and financing risks.
Monsanto shares have closed 13% below Bayer’s all-cash offer amid concern that regulators may complicate the proposed $62bn takeover.
Shares in Bayer have slid by 7% at the start of trade after the chemicals and pharmaceuticals giant said it was in merger talks with Monsanto.
A pioneering cannabis drug developed by British firm GW Pharmaceuticals for treating spasticity in multiple sclerosis has been rejected as not cost-effective.
German chemicals and pharmaceuticals giant Bayer, maker of Aspirin painkiller, says it will acquire the consumer care business of Merck in the US.
Shares in Bayer have fallen as much as 5% after a jury awarded more than $2bn to a California couple in the largest US jury verdict against the company over allegations its Roundup weed killer causes cancer.
Shares in German chemicals and pharmaceuticals giant Bayer have tumbled more than 10% as markets opened, as investors reacted to a shock US ruling against freshly-acquired Monsanto.
The Competition Commission has approved, with conditions, a merger in which chemicals and pharmaceuticals company Bayer intends to acquire seeds and biotechnology giant Monsanto.
German chemicals firm Bayer says it would not introduce genetically modified crops in Europe after its gigantic takeover of US seed and pesticide producer Monsanto.
Bayer has sweetened its takeover bid for Monsanto with talks advancing as the German chemical firm seeks to be the world's top producer of seeds and pesticides.
German drugs and chemicals giant Bayer has offered $62bn for US agriculture group Monsanto as it seeks to create the world's biggest supplier of seeds, pesticides and genetically-modified crops.
Bayer has offered to acquire Monsanto in an unsolicited bid worth about $62bn (R670bn) to create the world’s biggest supplier of farm chemicals and genetically modified seeds.
India's Supreme Court has rejected German drugmaker Bayer's plea to block production of a cheaper generic version of a patented cancer drug.
German chemicals and pharmaceuticals giant Bayer maker of Aspirin painkiller, has reported a 13% surge in its net profit in the Q2.
The EU appears set to impose a two-year ban on the use of insecticides blamed for a sharp and worrying decline in bee populations.
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