Brazil

Marfrig Attempted Deal With Minerva Before Acquiring BRF Stake: Source

Brazilian beef producer Marfrig Global Foods SA tried to acquire control of rival Minerva SA before it announced late last Friday it had bought a...

Brazil's JBS Returns To Profit In First Quarter

JBS, the world's largest meatpacker, returned to profitability in the first quarter thanks to the strong performance of its US meat operation, it said in a...

Brazil's BRF SA Sees First-Quarter Profits Down

Brazilian food giant BRF SA has reported a net profit of 22.4 million reais (€3.49 billion) in the first quarter of its financial year, undershooting...

Spain's DIA Sees 7.3% Decline In Net Sales In Q1 2021

Spanish retail group DIA has reported net sales of €1.69 billion in the first quarter of its financial year, down 7.3% year-on-year. The...

Britvic Names New Managing Director Of Brazilian Unit

British soft drinks maker Britvic has named Pedro Magalhães as the new managing director of its Brazilian arm. He will join the executive team an...

Brazil's JBS' Profit Bolstered By Weak Currency; Strong Chinese, US Markets

Meat processor JBS SA's fourth-quarter profit rose 65% from a year earlier, boosted by strong food sales in China and the United States and a sha...

Carrefour To Buy Brazil's Grupo BIG In €1.1bn Deal

French supermarket retailer Carrefour has agreed to buy Grupo BIG, Brazil's third-biggest food retailer, in a deal valuing the Latin American firm at &euro...

Casino Says It Is ‘Actively Fighting’ Deforestation In Latin America

French retailer Casino has said that it has been actively fighting deforestation across its branches in Latin America for many years. The retailer ackno...