Friday

29th Mar 2024

Ticker

Bayer to compensate for carcinogenic weed killer

German chemical company Bayer lost a legal dispute over cancer risks in its herbicide glyphosate when a San Francisco appeal court on Monday ruled that a school gardener should be paid $78m in compensation after using Monsanto's weed killer "Roundup" and eventually contracting lymph node cancer at the age of 42. Monsanto has rejected any link between glyphosate and cancer. Bayer and Monsanto merged in 2016.

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Opinion

EU Modernisation Fund: an open door for fossil gas in Romania

Among the largest sources of financing for energy transition of central and eastern European countries, the €60bn Modernisation Fund remains far from the public eye. And perhaps that's one reason it is often used for financing fossil gas projects.

'Swiftly dial back' interest rates, ECB told

Italian central banker Piero Cipollone in his first monetary policy speech since joining the ECB's board in November, said that the bank should be ready to "swiftly dial back our restrictive monetary policy stance."

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