Advertisement
UK markets closed

  • FTSE 100

    8,285.71
    +99.36 (+1.21%)
     

  • FTSE 250

    21,356.30
    +471.95 (+2.26%)
     

  • AIM

    779.67
    +6.64 (+0.86%)
     

  • GBP/EUR

    1.1844
    -0.0006 (-0.05%)
     

  • GBP/USD

    1.2873
    +0.0019 (+0.14%)
     

  • Bitcoin GBP

    52,952.46
    +704.20 (+1.35%)
     

  • CMC Crypto 200

    1,378.68
    +48.07 (+3.61%)
     

  • S&P 500

    5,459.10
    +59.88 (+1.11%)
     

  • DOW

    40,589.34
    +654.27 (+1.64%)
     

  • CRUDE OIL

    76.44
    -1.84 (-2.35%)
     

  • GOLD FUTURES

    2,385.70
    +32.20 (+1.37%)
     

  • NIKKEI 225

    37,667.41
    -202.10 (-0.53%)
     

  • HANG SENG

    17,021.31
    +16.34 (+0.10%)
     

  • DAX

    18,417.55
    +118.83 (+0.65%)
     

  • CAC 40

    7,517.68
    +90.66 (+1.22%)
     
PROPERTY:

8 champion homes in Olympic host cities

A selection of properties in former Games cities as Paris 2024 starts

Bayer CEO says company stands behind glyphosate

Reuters
·1-min read
FILE PHOTO: Logo of Bayer AG

FRANKFURT (Reuters) - Bayer's CEO said on Friday that the healthcare and crop chemicals group continues to firmly back its glyphosate weedkiller even after a recent courtroom loss in U.S. litigation over an alleged carcinogenic effect.

When asked whether Bayer would alter its legal strategy, CEO Bill Anderson said in a media call that glyphosate is approved and deemed safe by regulators in every major jurisdiction.

"We stand firmly behind the product and that assessment," said Anderson.

Bayer was last month ordered to pay $2.25 billion to a Pennsylvania man who said he developed cancer from exposure to glyphosate, though the amount of damages is expected to be reduced on appeal.

(Reporting by Ludwig Burger; Editing by Miranda Murray)