Brazil

World Food Prices Hold Firm In June, UN Food Agency Says

The United Nations world food price index held steady in June data showed, with increases in vegetable oil, sugar and dairy products offset by a fall in th...

Brazil's Flood-Hit State To Produce 55% More Wheat, Crop Agency Says

Brazil's southernmost state of Rio Grande do Sul is expected to reap 4.07 million metric tonnes of wheat this season, 55.27% more compared to the previous...

Brazil's GPA Sells Sao Paulo Fuel Stations To Ultrapar

Brazilian retailer GPA has agreed to sell its network of gas stations in Sao Paulo state to conglomerate Ultrapar as part of a broader push to divest from...

Carrefour Unveils First Atacadão Store In France

Carrefour has officially opened its first Atacadão outlet in France, offering a "radically different" shopping experience for consumers.

Brazil Brews Up Record Coffee Exports In May

Brazil exported 4.4 million bags of coffee in May, surpassing the previous record for the month.

Brazil's Grupo Mateus Planning €1.2bn Merger With Novo Atacarejo

Brazil's third-largest supermarket chain, Grupo Mateus, has signed a non-binding agreement with regional cash-and-carry chain Novo Atacarejo to merge the t...

Dia To Exit Brazil After Selling All Its Stores For 'Symbolic' €100

Spanish retail group Dia has it agreed to sell its business in Brazil for a 'symbolic price' of €100, and exit the country to focus on more profitable...

Tereos Posts Record Annual Profit On Strong Sugar Prices

French sugar group Tereos nearly trebled net profit to €448 million ($487 million) in its 2023/24 financial year, it said, helped by higher sugar pric...