Brazil

Cash & Carry Business Boosts GPA Sales Growth In Q4

Brazil’s largest retailer, Grupo Pão de Açúcar (GPA), has reported a 6.8% growth in net sales in its food business in fourth qua...

Beer's Back In Style In Brazil And Ambev Is Set To Gain, UBS Says

Brewer margins should bounce as Brazilians finally get back to drinking beer. Beer has reached an inflection point after volumes declined between 2015 a...

Brazil’s Pão de Açúcar Introduces New Store Model

Brazilian supermarket chain Pão de Açúcar has launched a new store concept, which it has introduced in five of its outlets. Changes...

Giant Sugar Glut Erases Two Years Of Shortages On Asian Monsoon

Forget the sugar shortages of the past two years. This season’s glut is now forecast to be big enough to completely erase that. Aided by favourabl...

China's Citic Sees Brazil As Growth Driver After Dow Corn Deal

Citic Agri Fund, an investment vehicle created by China’s largest conglomerate, has chosen Brazil as the platform for its global strategy in agricult...

Lactalis Acquires Brazilian Dairy Company Itambé

French dairy company Lactalis is set to acquire Itambé, a Brazilian dairy group, from rural producers’ cooperative CCPR. The value of the t...

Coffee Glut Hinges On Whether Top Growers Will Hold Back Sales

Hoang Thi Thom, a coffee grower in No. 2 producer Vietnam, isn’t keen to sell this year’s harvest. With prices for the robusta coffee she gr...

Russia Bans Brazil's Pork And Beef On Growth Stimulant Worry

Russia banned pork from Brazil at a time that imports from the Latin American country, the biggest foreign supplier of the meat, have been rising and as th...