Brazil

Brazilians Buying More Commodity, Cleaning Products As COVID-19 Spreads

The outbreak of the coronavirus has significantly impacted shopping habits in Brazil, where sales across some 150 retail chains are growing exponentially w...

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...

Brazil's BRF Gets 15 Permits For Meat Exports To Oman

BRF SA, the world's largest chicken exporter, has received 15 permits to export meat products from Brazil to Oman as it aims to strengthen its position in...

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 ...

After First Profit In Four Years, Brazil's BRF Braces For 2020 Volatility

Brazilian food processor BRF SA reported its first annual profit in four years, yet the world's largest chicken exporter sees volatility in 2020...

Brazil Beef Firms Face Reduced Chinese Demand Due To Coronavirus

China's beef imports will fall in the first half of 2020 due to fallout from the coronavirus outbreak, which is complicating the circulation of people and...

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...

Carrefour Brasil Q4 Net Income Rises 6.3% On Strong Sales

Brazilian food retailer Carrefour Brasil SA has reported a 6.3% increase in fourth-quarter net income year-on-year as strong sales continued to fuel growth...