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  • CCI probe finds Monsanto abused dominant position: sources
    Reuterslast month

    CCI probe finds Monsanto abused dominant position: sources

    A probe by the investigations unit of India's antitrust body has found that Monsanto abused its dominant position as a supplier of genetically modified (GM) cotton seeds in the country, three sources with direct knowledge of the matter told Reuters. The Competition Commission of India (CCI) in 2016 ordered the unit to carry out the probe after the agriculture ministry and some local seed companies complained that Monsanto was charging unreasonably high royalty fees for its GM technology.

  • Should You Care About Monnari Trade S.A.’s (WSE:MON) Investment Potential?
    Simply Wall St.last month

    Should You Care About Monnari Trade S.A.’s (WSE:MON) Investment Potential?

    Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift...

  • Reuterslast month

    Bayer says Monsanto likely kept files on influential people across Europe

    Bayer said on Monday its Monsanto unit, which is being investigated by French prosecutors for compiling files of influential people such as journalists in France, likely did the same across Europe, suggesting a potentially wider problem. French prosecutors said on Friday they had opened an inquiry after newspaper Le Monde filed a complaint alleging that Monsanto - acquired by Bayer for $63 billion (48 billion pounds) last year - had kept a file of 200 names, including journalists and lawmakers in hopes of influencing positions on pesticides. On Sunday, Bayer acknowledged the existence of the files, saying it does not believe any laws were broken but that it will ask an external law firm to investigate.

  • Reuters2 months ago

    French prosecutor opens investigation over suspected Monsanto file

    The French prosecutor on Friday said it had opened a preliminary investigation into a suspected file assembled by Bayer's seed maker Monsanto to influence various personalities in France. The probe was opened after a complaint was filed by daily newspaper Le Monde. According to Le Monde and other French media, Monsanto built up a file of some 200 names that includes journalists and law makers in the hope of influencing their positions on pesticides.

  • EPA reaffirms glyphosate safe for users as court cases grow
    Associated Press2 months ago

    EPA reaffirms glyphosate safe for users as court cases grow

    WASHINGTON (AP) — The Environmental Protection Agency reaffirmed Tuesday that a popular weed killer is safe for people, as legal claims mount from Americans who blame the herbicide for their cancer.

  • Investing.com2 months ago

    StockBeat: IBEX's Knee-Jerk, Bayer's Teflon CEO Catch the Eye

    By Geoffrey Smith

  • Reuters2 months ago

    French court finds Bayer's Monsanto liable for farmer's sickness

    PARIS/LYON (Reuters) - A French court has ruled that Monsanto was liable for the sickness of a farmer who inhaled one of its weedkillers, in another legal setback for the Bayer-owned business over health claims. In the latest stage of a decade-long legal tussle, the appeals court in Lyon on Thursday found in favour of farmer Paul Francois' claim that Monsanto's Lasso weedkiller had made him sick and that the product's labelling had been inadequate. "Mr Francois justifiably concludes that the product, due to its inadequate labelling that did not respect applicable regulations, did not offer the level of safety he could legitimately expect," the court said in its ruling.

  • Reuters3 months ago

    Bayer board says pursuit of Monsanto was done diligently

    Bayer's non-executive board reaffirmed its support for top management's decision to acquire seed maker Monsanto last year, after losing high-profile lawsuits to U.S. plaintiffs who claimed Monsanto's Roundup weedkiller caused their cancer. In documents posted on the company's website on Monday, the non-executive supervisory board said an expert opinion it commissioned from lawfirm Linklaters found that Bayer's management had complied with their duties when acquiring Monsanto for $63 billion last year. "The Supervisory Board extensively discussed this expert opinion and based on this also comes to the conclusion that the Board of Management acted in compliance with its duties," it said.

  • Man awarded $80M in lawsuit claiming Roundup causes cancer
    Associated Press3 months ago

    Man awarded $80M in lawsuit claiming Roundup causes cancer

    SAN FRANCISCO (AP) — A U.S. jury on Wednesday awarded more than $80 million in damages to a California man who blamed Roundup weed killer for his cancer, in a case that his attorneys say could help determine the fate of hundreds of similar lawsuits.

  • Warren proposes breaking up Big Ag
    Associated Press3 months ago

    Warren proposes breaking up Big Ag

    Massachusetts Sen. Elizabeth Warren is calling for the breakup of what she says are unfair farming monopolies. Warren says family farms struggle because "bad decisions in Washington have consistently ...

  • Moats Matter: The Sources of Moats
    GuruFocus.com3 months ago

    Moats Matter: The Sources of Moats

    Are returns on invested capital likely to be greater than the weighted average cost of capital in the future? Does the company under consideration have one or more of the five sources of competitive advantage and are they sustainable? Warning! GuruFocus has detected 5 Warning Sign with KO.

  • Jury: Roundup weed killer is major factor in man's cancer
    Associated Press3 months ago

    Jury: Roundup weed killer is major factor in man's cancer

    SAN FRANCISCO (AP) — Roundup weed killer was a substantial factor in a California man's cancer, a jury determined Tuesday in the first phase of a trial that attorneys said could help determine the fate of hundreds of similar lawsuits.

  • Reuters4 months ago

    In fresh blow to Monsanto, India cuts GM cotton seed royalty

    India has cut the royalties that local seed companies pay to German drugmaker Bayer AG's Monsanto unit for the third time in four years. Prime Minister Narendra Modi's government has decided to reduce royalties paid by Indian seed companies to Monsanto for its genetically modified (GM) cotton by 49 percent to 20 rupees for a packet of 450 grams, according to a farm ministry order. The decision could prompt Monsanto and other foreign seed companies to further scale back investment in the sector, said Ram Kaundinya, director general of the Federation of Seed Industry of India.

  • High-stakes trial starts in Roundup weed killer cancer claim
    Associated Press4 months ago

    High-stakes trial starts in Roundup weed killer cancer claim

    SAN FRANCISCO (AP) — A jury in federal court in San Francisco will decide whether Roundup weed killer caused a California man's cancer in a trial starting Monday that plaintiffs' attorneys say could help determine the fate of hundreds of similar lawsuits.

  • Moody's4 months ago

    Monsanto Finance Canada Co. -- Moody's withdraws Monsanto Company ratings

    Rating Action: Moody's withdraws Monsanto Company ratings. Global Credit Research- 12 Feb 2019. Approximately $1.0 billion of rated debt affected.

  • Reuters4 months ago

    Exclusive: Monsanto wins arbitration ruling over royalties from Indian seed company

    German drugmaker Bayer AG's Monsanto unit has won proceedings against Indian seed maker Nuziveedu Seeds Ltd (NSL) in a royalty dispute, lawyers familiar with the matter said. The lawyers, who did not wish to be named as the decision was not public, did not disclose the terms of the arbitration ruling. Mahyco Monsanto Biotech (India) (MMB), a joint venture between Missouri-based Monsanto and India's Maharashtra Hybrid Seeds Co (Mahyco), "has received a favourable award from the arbitration panel in the proceedings against NSL and Prabhat", a Bayer spokesman said in an e-mailed statement when asked about the ruling.

  • Reuters5 months ago

    Return of French farmer's case keeps Monsanto in legal spotlight

    A decade-old lawsuit in which a French farmer with neurological problems accuses Monsanto of not providing adequate safety warnings for a weedkiller returns to court on Wednesday, adding to health claims faced by the Bayer-owned firm. Paul Francois, who says he fell ill after inhaling vapour from weedkiller Lasso in 2004, won rulings in 2012 and 2015 that found Monsanto liable for the intoxication, before France's top court overturned those decisions and ordered a new hearing. An appeal court in the southeastern French city of Lyon will hear arguments on Wednesday before giving its verdict at a later date.

  • Monsanto patent victory seen as a boost for biotech investment in India
    Reuters6 months ago

    Monsanto patent victory seen as a boost for biotech investment in India

    NEW DELHI/MUMBAI (Reuters) - India's Supreme Court ruled on Tuesday that Monsanto can claim patents on its genetically modified (GM) cotton seeds, a victory for the U.S. company that is expected to encourage biotechnology firms to step up investment in the country. The decision on appeal overturns an earlier ruling by the Delhi High Court that Monsanto - the world's biggest seed maker, which has been bought by Germany's Bayer AG - could not claim patents on GM cotton seeds.

  • Swadeshi Jagran Manch seeks change in patent act after pro-Monsanto court verdict
    Reuters6 months ago

    Swadeshi Jagran Manch seeks change in patent act after pro-Monsanto court verdict

    A nationalist group close to Indian Prime Minister Narendra Modi's party said on Tuesday it would seek a legislative amendment to the rules governing patents, after the country's top court ruled in favour of Monsanto's cotton seed patent. The Supreme Court allowed Monsanto to claim patents on its genetically modified cotton seeds in the world's biggest producer of the fibre, overturning a decision of a lower court.

  • Judge upholds Monsanto weed killer cancer verdict but slashes damages to groundsman
    The Telegraph8 months ago

    Judge upholds Monsanto weed killer cancer verdict but slashes damages to groundsman

    A San Francisco judge on Monday upheld a jury verdict that found Monsanto liable for not warning a groundskeeper that its weed killer Roundup might cause cancer, but slashed the damages award.

  • Brazil court denies Monsanto bid to halt seed licensing to bankrupt firm
    Reuters8 months ago

    Brazil court denies Monsanto bid to halt seed licensing to bankrupt firm

    A Brazilian appeals court denied a request this month by Monsanto's local unit to suspend licensing of its popular Intacta soy seed technology to privately owned seed maker Sementes Talismã, according to a ruling seen by Reuters. Monsanto sought to suspend the licensing of the genetically modified seed technology after Talismã filed for bankruptcy protection in January, one of the seed maker's lawyers, Daniel Amaral of DASA Advogados in São Paulo, said. "Monsanto sought to end the licensing contract to try and negotiate better terms in Talismã's ongoing financial restructuring," Amaral said.

  • Jurors: Don't throw out $289M weed killer cancer verdict
    Associated Press8 months ago

    Jurors: Don't throw out $289M weed killer cancer verdict

    SAN FRANCISCO (AP) — Jurors who found that agribusiness giant Monsanto's Roundup weed killer contributed to a school groundskeeper's cancer are urging a San Francisco judge not to throw out the bulk of their $289 million award in his favor, a newspaper reported Monday.

  • Cramer explains which businesses have the most exposure to the trade war
    CNBC Videoslast month

    Cramer explains which businesses have the most exposure to the trade war

    CNBC's Jim Cramer, David Faber and Carl Quintanilla discuss which sectors and businesses might feel the most impact during the U.S.-China trade war.

  • Congress preparing a key bill for cannabis that could be ...
    CNBC Videos7 months ago

    Congress preparing a key bill for cannabis that could be ...

    Will pot get a political boost from Congress? With CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, Brian Kelly, Steve Grasso and Guy Adami.