Brazil

Brazil's GPA Posts Steeper Net Loss In First Quarter As Taxes, Impairment Weigh

Brazilian food retailer GPA said its first-quarter net loss for continuing operations widened by nearly 28% from a year-ago period.

Carrefour Posts Double-Digit Sales Growth In Q1, Confirms Full-Year Outlook

French retailer Carrefour has reported like-for-like sales growth of 13.5% in the first quarter of its financial year on the back of the 'sound execut...

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Carrefour Brasil’s Sam James On Digital Transformation In Latin America

Sam James has held the role of chief digital officer at Carrefour Brasil since 2022, overseeing the digital transformation of the group’s Carrefour,...

Paraguay On Track For Record Soy Crop, But Low River Levels Slow Exports

Paraguay is headed for a record soybean harvest but exporters are worried about low river levels that are slowing shipments along the key Paraguay-Paran&aa...

JDE Peet's Sees Coffee Industry Struggling To Meet EU Deforestation Law

JDE Peet's, one of the world's largest coffee companies, said the global coffee industry is finding the timing very tight to comply with a new EU law banni...

Brazil’s Supermarkets Break Through R$1trn Revenue Barrier

Brazilian supermarkets broke the barrier of R$1 trillion (€184 billion) in revenue last year, corresponding to 9.2% of GDP, according to the Brazilian...

Brazil Approaches 2024 Robusta Harvest As Prices Skyrocket

Brazilian farmers are preparing to start harvesting a larger robusta coffee crop this year just as local prices are at an all-time high and London robusta...

Louis Dreyfus Company Agrees To Buy Brazilian Coffee Maker Cacique

Agricultural commodity merchant Louis Dreyfus Company (LDC) has signed a binding agreement to acquire 100% of Brazilian soluble coffee maker Companhia Caci...