Brazil

Carrefour Brasil Divests Eight Stores To Muffato and Festval

Carrefour Brasil has offloaded eight Nacional stores in the Brazilian city of Curitiba to local retailers Muffato and Festval.

JDE Peet's To Raise Coffee Prices In Brazil By 30%

JDE Peet's will raise coffee product prices in Brazil by an average of 30% next year after a near doubling in prices this year.

Arabica Coffee Prices Hit Record High Amid Concerns Over Brazil Output

Arabica coffee prices hit record highs as dealers fretted over Brazil's crop outlook after Volcafe, one of the world's largest coffee traders.

Brazil's Inflation Rises Above Forecast In November Ahead Of Rate Decision

Brazil's inflation exceeded expectations in November, official data showed, ahead of a widely anticipated acceleration in the monetary tightening cycle.

India Sugar Output To Rebound To Record Next Year

India is likely to produce a record amount of sugar in the next marketing year from October after millions of farmers expanded cane cultivation.

Grupo Mateus Reports 21% Net Profit Growth In Q3

Brazil’s Grupo Mateus announced a 20.9% year-over-year increase in third-quarter net profit, reaching R$379.2 million (€62.3 milion).

World Food Prices Reach 19-Month High In November, UN Says

The United Nations' world food price index rose in November to its highest level since April 2023, recording its biggest gain in 19 months.

South American, EU Negotiators Race To Close Divisive Trade Deal

Mercosur trade bloc will meet in Uruguay with fresh signs the group could use the event to announce a long-delayed deal with the European Union after last-...