Brazil

Brazil's Coffee Exports Rise; Lack Of Space In Ships Hits Trade

Brazilian coffee exporters shipped 2.73 million 60-kilogram bags of coffee in September, 27% more than a year earlier, but a lack of container space in shi...

Nestlé To Remove Stabilisers From Major Milk Brands In Brazil

Nestlé SA is eliminating stabilisers from two of its major milk brands in Brazil, an executive told Reuters, as the world's largest food company mak...

Packaging Firm Ardagh Transitions Steel Plant To Aluminium

Ardagh, the Irish-based packaging company, has announced it has completed the conversion of its plant in Rugby, England from steel to aluminium in order to...

World Sugar Prices To End 2018 Sharply Lower As Global Glut Weighs

World sugar prices are poised to recover some ground in the coming months but will still post sharp losses this year, as a larger than expected supply surp...

Advent International Closes Walmart Brazil Acquisition

Advent International, a US private equity firm, has announced it has finalised the 80% buyout of Walmart Brazil it announced in June of this year....

Heineken Sees Revenue Up, However, Profits Are Below Expectations

Heineken, the world's second-largest beer-maker, has cut its full-year margin forecasts due to currency weakness in some more profitable markets and expans...

Carrefour Brazil Launches New ‘Social Gastronomy’ Project

Carrefour Brazil has launched a new project through its Carrefour Foundation platform, that it says will help the retailer develop ‘zero-waste’...

Unilever Posts Lower Than Expected Sales In Second Quarter

Consumer goods maker Unilever reported lower-than-expected second-quarter sales on Thursday, hurt by a Brazilian transport strike and weak pricing. The...