Please note: As required by the European Securities and Markets Authority (ESMA), binary and digital options trading is only available to clients qualified as professional clients.
WE RECOMMEND THE VIDEO: Options Trading में Loss के 3 कारण । Options Trading Tips for beginners
Follow link for open Demat & Trading account in Zerodha online. Open Free Demat And Trading account in Angel ...
The shares of Bayer, a German chemical colossus and one of the main European groups, are the worst in our CFD basket today, with a fall compared to Friday's closing of over 10%. To trigger the sale was the decision of a Californian court to charge $ 289 million to Monsanto, a 100% subsidiary of Bayer, for not having warned the public enough about the risks of cancer occurrence due to the use of its very famous pesticide, RoundUp.
Monsanto, recently acquired for over 63 billion dollars, could create a chasm in Bayer's accounts. Yes because this case marks a very risky precedent and already there are over 5,000 other similar court cases and who knows how many others will be added after the spread of the news! If even a small part of these cases ended with compensation for such entities, the financial hole could become really huge.
Moreover, the image damage to the company is also scarcely quantifiable, given that Monsanto deals mainly with agricultural products and the parent company also of pharmaceutical products that we use every day in our homes. The company, however, will appeal for the decision, in the hope of subverting it or reducing its amount. The Monsanto herbicide, developed since the '70s, is used together with genetically modified cereals, which are able to resist its action.
Its introduction has allowed to greatly increase the cereal production of large areas of North America, where it has been used for a long time. Use is also permitted in Europe. Bayer will probably try to disassemble the case using scientific literature, which seems to indicate that there is no clear link between the onset of these diseases and the use of the herbicide. The main health organizations also have differing opinions on the subject, with the World Health Organization that has defined the RoundUp a "probable carcinogen" for the man and the US Environmental Protection Agency that has arrived at diametrically opposed conclusions after a ten-year study.
General Risk Notice
The financial services provided by this website carry a high level of risk and can lead to the loss of all your funds. You should never invest money that you can not afford to lose
Source: IQOption blog 2018-08-13 21:10:51
* This is redirection to the official website where you can sign up to IQ Option broker