Germany Aims To End Use Of Glyphosate For 3 Years: Spokesman

"BERLIN - Use of glyphoste-based weed-killers should be halted during the current legislative period which ends in three years, a spokesman for the German environment ministry said on Monday.

Shares of Germany’s Bayer (BAYGn.DE) fell more than 10 percent on Monday after a California jury ordered the company’s Monsanto unit to pay $289 million for not warning of cancer risks posed by its main weed killer, Roundup.

Monsanto, acquired by Bayer this year for $63 billion, faces more than 5,000 similar lawsuits across the United States. The company plans to appeal the verdict."

Andrea Shalal reports for Reuters August 13, 2018.

SEE ALSO:

"Bayer Facing Possible Growing Legal Costs, Consumer Backlash After Roundup Jury Award" (Marketplace)

"Australia Urged To Restrict Monsanto's Roundup After Us Court Rules It Caused Cancer" (Guardian)

"Homebase To Review Sale Of Monsanto Weedkiller After US Cancer Verdict " (Guardian)

"Roundup Cancer Verdict Sends Bayer Shares Sliding" (Reuters)

Source: Reuters, 08/14/2018