Brazil

Carrefour May Launch IPO In Brazil In 2017

Carrefour may launch an IPO for its Brazilian operations in the second half of 2017, an event that has been anticipated for the past two years. Market s...

Late Sugar Sales Help Brazil Mills Struggling With Debt Burdens

Who would have thought a lack of credit could turn out to be a blessing for Brazil’s most indebted sugar mills? Without financing to make forward...

Sugar Deficit Forecast Raised By Sucden As Drought Hits Growers

One of the largest traders in the sugar market said world sugar output in the next crop season will trail demand by more than previously forecast as advers...

Price Differences Across Brazilian Supermarkets As High As 170%

Brazilian consumers can save of up to BRL 2,000 (€547.50) per year on groceries in the city of Sao Paulo, just by shopping around, according to a surv...

Brazilian Food Giant BRF To Cut Supplier Payments As Profit Slumps

BRF SA will cut the prices it pays to providers of services and materials, as Brazil’s biggest producer of processed food tries to restore profits th...

Nestlé To Formally Acquire Brazil’s Garoto

Nestlé is close to competing its takeover of Brazilian chocolate manufacturer Garoto, according to the firm's managing director. Speaking to loca...

Brazil Posts Worst July Retail Sales Performance In 15 Years

Brazil’s retail sales fell more than expected by analysts in July, marking the worst performance for that month in 15 years, as rising unemployment t...