Frankfurt | Reuters — German drugs and pesticides group Bayer reported a 9.5 billion-euro (C$14.86 billion) net loss for its second quarter, following a US$10.9 billion settlement of U.S. lawsuits claiming that its Roundup herbicide caused cancer. The charges stemmed mainly from agreements which attempted to wrap up legal disputes inherited with its US$63 billion […] Read more

Bayer books second-quarter loss after settlement

Canada says requirements for Huawei exec’s extradition to U.S. met
Reuters — Canada’s attorney general says the requirements for extraditing Huawei chief financial officer Meng Wanzhou to the United States on charges of bank fraud have been met, documents submitted in a British Columbia court show. Meng, 48, was arrested in December 2018 on a warrant from the United States, which alleges that she misled […] Read more

Temper tantrums aren’t just someone having a bad day
It may seem like someone has a short fuse but there’s usually a long list of reasons behind a blowup
Reading Time: 3 minutes A conflict in itself is often not the root of the problem. I waited in a return line as the person in front of me argued about her bill. The staff person was unable to respond in a way that was satisfactory and the customer started shouting. Management was called and the young staff member […] Read more

Opinion: Ending carbon tax not an electable position for leadership candidates
Glacier FarmMedia – Canadians can be forgiven for offering little more than passing shrugs at the ongoing Conservative Party of Canada leadership race. The ongoing pandemic, the governing Liberals’ handling of it, and the WE Charity scandal side dish are consuming our attention. At least for me, the political and cultural fractures in the United […] Read more

CNH Industrial guides for revenue fall up to 20 per cent
Milan | Reuters – Vehicle and equipment maker CNH Industrial posted a narrower-than-expected second quarter loss on Thursday and forecast net sales from industrial activities would fall between 15-20 percent this year, as a consequence of the COIVD-19 epidemic. In March the group, which is controlled by Exor, the holding company of Italy’s Agnelli family, […] Read more

JBS invests $19-million in safety measures amid COVID-19 pandemic
Sao Paulo | Reuters –Brazilian food processor JBS SA has invested more than 100 million reais ($19.3 million) in health, safety and contingency measures at all its Brazilian production units, according to a Wednesday company statement that comes as the novel coronavirus continues to ravage local meat plants. The company said the funds were invested […] Read more

BASF says dividends, asset values under review as pandemic bites
Frankfurt | Reuters – Germany’s BASF said on Wednesday its dividend policy and the value of assets on its balance sheet might be revised given uncertainty caused by the coronavirus crisis, particularly in North America and Europe. The policy of the world’s largest chemicals and plastics maker by sales to increase dividends each year and […] Read more

Railways ‘blowing the doors off’ with grain movement
It could be a record year for movement but bottlenecks remain despite heavy investment
Reading Time: 4 minutes Grain is flying off the Prairies now that it’s not competing with other sectors for space on the rail network. “We’ve always said that the terminals, the grain companies, and the processors feel that they can move more,” said Steve Pratte, manager of policy development at the Canadian Canola Growers Association. “This year, we’ve had […] Read more

U.S. warns against planting unsolicited seeds from China
Chicago | Reuters – The U.S. Department of Agriculture on Monday warned residents against planting unsolicited packages of seeds arriving from China because they could harm the environment. At least eight states, from Washington to Ohio, have also told residents in recent days not to put the seeds in the ground, after they arrived apparently […] Read more

National COYF cancelled for 2020
The national Canada’s Outstanding Young Farmer (COYF) event, previously scheduled to be held in Saskatoon in December this year, has been cancelled due to COVID-19. In a statement in the ‘Land Leader’, the official publication of the COYF program, Steve Cooper, the organization’s chair, said, “the Saskatchewan Hosting committee for the 2020 National Event advised […] Read more