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Brazil

GPA Narrows Losses In Second Quarter, Revenues Rise 2.5%

GPA Narrows Losses In Second Quarter, Revenues Rise 2.5%

GPA Narrows Losses In Second Quarter, Revenues Rise 2.5%

Brazilian retailer GPA reported a loss of 332 million reais (€55.2 million) in the second quarter of the year, a 21.9% improvement year-on-year, while...

Light Frosts Reported In Some Brazilian Coffee Areas, Prices Surge

Farmers reported light frosts in coffee-producing areas of Brazil over the weekend as an unusually strong cold mass for this time of year advances from the...

Light Frosts Reported In Some Brazilian Coffee Areas, Prices Surge

Brazil's Assaí Atacadista Sees Sales Up 12.% In First Half

Brazilian cash and carry chain Assaí Atacadista has reported a 12.9% increase in net sales in the first half of its financial year, to BRL 35.1 bill...

EU-Mercosur To Meet In September Signaling Movement In Trade Talks

EU and South American negotiators will meet on 4-6 September in Brasilia, raising hopes an EU-Mercosur trade deal can be concluded this year, diplomats sai...

Profits Soar 75% At Chile’s Cencosud In Second Quarter

Chilean retail giant Cencosud announced a significant 75.1% surge in profits to $117 million (€108 million) for the second quarter of 2024.

Groupe Casino Open To Selling GPA Stake As Brazil Retailer No Longer Strategic

Groupe Casino no longer considers Brazil's GPA a strategic holding and is open to selling its remaining 22.5% stake in the company.

JDE Peet's Raises 2024 Guidance After Beating H1 Expectations

JDE Peet's Raises 2024 Guidance After Beating H1 Expectations

Coffee and tea company JDE Peet's has raised its full-year sales growth forecast, after beating half-year expectations.

South African Orange Exports Hit By Bad Weather

South Africa has cut its orange export forecast for the 2024 season due to bad weather in key growing regions.

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Carrefour Looks To Second Half With Confidence As France, Brazil Lift H1 Profit

Carrefour Looks To Second Half With Confidence As France, Brazil Lift H1 Profit

Carrefour Brasil Reports Profit In Second Quarter

Carrefour Brasil Reports Profit In Second Quarter

Nestlé Unveils New Solution To Reduce Fat In Dairy Ingredients

Nestlé Unveils New Solution To Reduce Fat In Dairy Ingredients

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Brazil Coffee Harvest Advances Quickly, Lower Yields Reported

Brazil Coffee Harvest Advances Quickly, Lower Yields Reported

Brazil's Grupo Ítalo Introduces Facial Recognition Payments

Brazil's Grupo Ítalo Introduces Facial Recognition Payments

China And Brazil To Test Beef Traceability Plan

China And Brazil To Test Beef Traceability Plan

World Coffee Prices Hit 13-Year High

World Coffee Prices Hit 13-Year High

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