BERLIN—Bayer AG on Tuesday posted a loss in the third quarter as the coronavirus pandemic compounded problems the German chemical and drug giant has been facing since its acquisition of agriculture giant Monsanto just over two years ago.

Bayer also said it would need an extra $750,000 on top of a settlement worth up to $10.9 billion it announced over the summer to resolve a legal battle with U.S. plaintiffs alleging the Roundup weedkillers inherited from Monsanto cause cancer. Bayer has consistently denied that Roundup or…

This post first appeared on wsj.com

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Netflix Set to Report Earnings, Against the Backdrop of Two Strikes

Netflix will release its second-quarter earnings on Wednesday, the first in a…

Canada says Chinese warplanes harassed its patrol aircraft

SEOUL, South Korea — Canada’s military has accused Chinese warplanes of harassing…

Elliot Page ‘horrified’ by Texas officials declaring trans health care ‘child abuse’

LOS ANGELES – Elliot Page is “horrified” by Texas government officials declaring…

CVS Tries Out Remote System to Help Fill Prescriptions

WSJ News Exclusive Business Some pharmacists check pill counts and handle other…