Brazil

Brazil's GPA Teams With Local Brewer To Sell In-House Craft Beer

Brazilian supermarket chain Grupo Pao de Acucar SA has teamed-up with a local brewery to launch its own craft beer brand, a move likely to boost the share...

South Africa's Astral Foods' Profits Hit By High Feed Costs, Drought

South Africa's Astral Foods Limited said on Monday its full-year profits plunged by 55% after higher feed costs hit its poultry division, a decline it firs...

Brazil's JBS Posts $86m Profit For Third Quarter

JBS SA, the world's largest meatpacker, on Thursday reported a quarterly net profit of $86 million as higher meat prices across its markets bolstered resul...

Ambev To Invest $145m In Wind Farm To Power Budweiser Breweries In Brazil

Ambev SA said on Friday it has signed a deal with a private equity group to build a wind farm that will supply renewable energy to all of its beverage plan...

Brazil Cancels Decree Barring Sugarcane Cultivation In The Amazon

Brazil has cancelled a 10-year-old ban on sugarcane cultivation in its Amazon rainforest and central wetlands, the government gazette said on Wednesday, wh...

Coca-Cola Femsa Keeps Heineken Beer Distribution Contracts In Brazil

Coca-Cola Femsa SAB de CV and Heineken NV have announced the end of an arbitration on contracts of beer distribution in Brazil favourable to Fems...

Brazil's BRF To Invest $120m In Saudi Chicken Processing Plant

Brazilian food processor BRF SA on Tuesday announced an agreement to invest around $120 million to build its first chicken processing plant in Sa...

Brazil Aims To Promote Trade Inside And Outside Mercosur

Brazil is committed to promoting changes to the Mercosur trade bloc in order to further stimulate trade inside and outside the group, the country's trade s...