BERLIN (Reuters) - Use of glyphoste-based weed-killers should be halted during the current legislative period which ends in three years, a spokesman for the German environment ministry said on Monday.
Shares of Germany’s Bayer (BAYGn.DE) fell more than 10 percent on Monday after a California jury ordered the company’s Monsanto unit to pay $289 million for not warning of cancer risks posed by its main weed killer, Roundup.
Monsanto, acquired by Bayer this year for $63 billion, faces more than 5,000 similar lawsuits across the United States. The company plans to appeal the verdict.
Reporting by Andrea Shalal, editing by Joseph Nasr