Bayer with first internet general meeting in Germany

Dusseldorf Werner Wenning stands in the usual calm pose at the lectern. The corporate logo is emblazoned behind Bayer’s head of the supervisory board, he reaches for the water glass a few times and welcomes the shareholders to this year’s general meeting. Wenning looks around the room as he looks into the faces of an […]

Bayer could survive the crisis easily – glyphosate dispute remains a burden

With the outbreak of the corona pandemic, Baumann has shifted the focus: The CEO positions Bayer as a socially committed group that has a relatively robust business thanks to its focus on medicines and agricultural products. Baumann will also announce this message in his speech to shareholders at the Group’s first virtual general meeting on […]

Dax builds on the previous day’s rally

Dusseldorf Despite the weak guidelines from the USA, the leading German index continues its rally of the previous day. In morning trading, the DAX rises by one percent to 12,104 points. Today’s Wednesday and other trading days this week, the Frankfurt benchmark should answer an important question: Has the sell-off of the previous week finally […]

Dax defies the weak US requirements

Dusseldorf Despite the weak guidelines from the USA, the leading German index continues its rally of the previous day. In morning trading, the Dax rose 0.7 percent to 12,070 points. Today’s Wednesday and other trading days this week, the Frankfurt benchmark should answer an important question: Has the sell-off of the previous week finally ended? […]

Chemical company surprises with strong fourth quarter

BASF in Ludwigshafen The group suffered above all from the weak auto industry and the trade conflict between the United States and China. (Photo: AFP) Frankfurt BASF surprisingly increased earnings significantly in the fourth quarter. Adjusted operating profit (EBIT) increased by a good 23 percent to 765 million euros, as the chemical company announced on […]

Bayer stays on course and promises profit growth – the flash analysis

Leverkusen Bayer AG presented the figures for the fourth quarter and for the full year 2019 this Thursday morning – the flash analysis: Operationally, Bayer remains on track and has fully met its own goals and the expectations of the analysts. A positive signal is that the promised growth has been achieved in all three […]

The president of Bayer retires in the middle of the legal battle of Roundup

BERLIN – Bayer AG, in the midst of a major legal battle for its herbicide Roundup, said President Werner Wenning would resign earlier than planned and would be replaced by a former PricewaterhouseCoopers executive and relatively new to the German company. Bayer said Mr. Wenning, 73, would resign at the end of this year’s annual […]

Bayer chief overseer Werner Wenning resigns his position early

Leverkusen A change of timing is pending at the chemical and pharmaceutical group Bayer: at the end of April 2020, Werner Wenning, the longstanding chairman of the supervisory board, will step down from his post. His successor is already certain: It is the accountant Norbert Winkeljohann who has been on the board of the Leverkusen […]

Coronavirus is messing up the financial markets – Dax is slipping significantly

Dusseldorf The stock markets have a grip on the spread of the corona virus and concerns about its consequences for the global economy. Since the Dax all-time high of 13,795 points on February 17, sales by the stock marketers have dominated the events. Some exchanges have already started the week with severe losses in Asia. […]

US court imposes high million fine on Bayer and BASF

Orchard The U.S. court considers it proven that the weed killer Dicamba has destroyed parts of an agricultural area. (Photo: AP) Dusseldorf Bayer has to go to court in the US for a Monsanto product. A Missouri court has ordered Bayer and BASF to pay a plaintiff farmer a total of $ 265 million for […]