A-Brands - Brazil

Nestlé's Mucilon To Support Reforestation In Brazil

Mucilon, Nestlé's leading infant cereal brand in Brazil, has launched a new initiative to support a reforestation programme by the food giant, which...

Beyond Meat To Sell Plant-Based Patties In Beef-Hungry Brazil

Beyond Meat Inc is to sell its plant-based burgers and sausages at a Brazilian high-end supermarket chain, entering the country about two weeks after launc...

Kerry Group Cuts Brazil Workforce As COVID-19 Hits Demand, Says Union

Irish food and ingredients giant Kerry Group is reducing headcount in Brazil as a response to changes in the marketplace caused by the outbreak o...

Brazil's Ambev Profit Dives 56%, Company Braces For More COVID-19 Fallout

Brazilian beverages company Ambev SA has posted a 56% year-on-year plunge in first-quarter net profit, far below forecasts, and executives said the co...

Brazil's Ambev To Invest $430m In New Beer Plants

Ambev SA plans to invest R$2 billion ($432 million) opening new plants in Brazil, where it faces tougher competition as Heineken NV has expanded aggressive...

Nestlé Vows To Plant 3m Trees In Mexico, Brazil To Help Set Off Emissions

Nestlé SA is launching a reforestation project to plant at least 3 million trees in Mexico and Brazil in the next year and a half as the Swiss ...

AB InBev Sees 10% Hit To First-Quarter Profit From Coronavirus

The world's largest brewer Anheuser-Busch InBev forecast a 10% decline in first-quarter profit on Thursday after the coronavirus outbreak hit beer sales du...

Brazil's Bolsonaro Rules Out Economy Minister's 'Sin Tax' Idea

Brazil's president Jair Bolsonaro has ruled out a so-called 'sin tax' on beer, cigarettes and sugary food products, an idea floated by economy minister Pau...