(Bloomberg) — Bayer AG Chief Executive Officer Bill Anderson said the wave of lawsuits over its widely used weedkiller Roundup is an “existential” threat to the company as it burns through cash. Most Read from Bloomberg “The glyphosate litigation topic is an existential topic for our company because it does threaten to first remove our […]
Tag: Bayer
Bayer Leverkusen still unbeaten as Juventus and Bologna reach Champions League
Bayer Leverkusen stayed on course to complete an unbeaten season after a 5-0 win at 10-man Bochum made it 50 games without defeat. Xabi Alonso’s side, crowned Bundesliga champions last month and bidding for an unbeaten treble, have two league games left and will face Kaiserslautern in the DFB-Pokal final after taking on Atalanta in […]
West Ham crash out of Europa League after Bayer Leverkusen draw
West Ham bowed out of the Europa League but only after giving new German champions Bayer Leverkusen an almighty fright. Michail Antonio’s early goal had the Hammers, 2-0 down from the first leg, dreaming of inflicting a first defeat of the season on Xabi Alonso’s Leverkusen and of maybe reaching a third European semi-final in […]
Xabi Alonso’s Bayer Leverkusen secure first Bundesliga title with five games to spare
Bayer Leverkusen sealed a maiden Bundesliga title in style as Florian Wirtz’s hat-trick wrapped up a comfortable 5-0 win over Werder Bremen. Against a backdrop of expectation and cauldron of noise at the BayArena, Xabi Alonso’s side extended their unbeaten streak this season to 43 matches to end Bayern Munich’s run of 11 successive league […]
West Ham left with tough task after defeat to Bayer Leverkusen
West Ham were breached by two late goals as they slipped to a 2-0 defeat in the first leg of their Europa League quarter-final at Bayer Leverkusen. The Hammers had defended heroically for 83 minutes before goalkeeper Lukasz Fabianski was finally beaten by substitute Jonas Hoffman. A one-goal deficit might have given David Moyes’ side […]
Pharmaceutical giant Bayer is getting rid of bosses and asking nearly 100,000 workers to ‘self organize’ to save $2.15 billion
In a bid to claw back $2.15 billion, the struggling pharmaceutical giant Bayer CEO is doing away with middle managers and 99% of the company’s 1,362-page corporate handbook, allowing nearly 100,000 employees to self-manage. Bayer, the 160-year-old German company known for inventing aspirin, has been stuck in a rut; Its market cap has plunged to […]
Xabi Alonso adamant Bayer Leverkusen’s attention is on West Ham clash
Xabi Alonso insists Bayer Levekusen’s focus is solely on West Ham on Thursday night despite a potentially historic weekend on the horizon. Leverkusen, unbeaten in all 41 of their matches this season, look set to wrap up a first Bundesliga title on Saturday or Sunday. All they need to do is match Bayern Munich’s result […]
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I will stay at Bayer Leverkusen – Xabi Alonso rules out summer move to Liverpool
Xabi Alonso has announced he will remain as manager of Bayer Leverkusen next season, effectively ending Liverpool’s hopes of appointing him as Jurgen Klopp’s successor. The former midfielder has guided the Bundesliga side to a 10-point lead at the top of the table with eight games to play, in a so-far unbeaten season in all […]
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Bayer Plans to Slash Dividend by 95% in Bid to Pay Down Debt
(Bloomberg) — Bayer AG plans to slash its dividend by 95% in an effort to pay down debt as the German company looks to recover from multiple crises including a wave of litigation over Roundup herbicide. Most Read from Bloomberg Bayer will present a plan to offer investors 11 euro cents ($0.12) per share for […]