Brazil

JBS To Supply Biogas-Based Energy To Swift Stores

Brazil's JBS will commence the supply of electricity produced by biogas generators to 10 Swift stores in São Paulo.

Deal Or No Deal – What’s Next For The EU-Mercosur Deal?

The EU-Mercosur trade deal was agreed – in principle, at least – in 2019, but it has yet to be ratified. So what’s the hold-up?

Mercosur To Agree Counterproposal For Trade Talks With EU

South American trade bloc Mercosur this week will prepare its counterproposal to a European Union addendum on a long-awaited trade deal before meeting with...

Britvic Expands Portfolio With UK, Brazil Acquisitions

Britvic has announced the acquisition of Jimmy’s Iced Coffee, a UK-based ready-to-drink iced coffee brand, as well as the Extra Power energy drink br...

Carrefour Sees Half-Year Like-For-Like Sales Up By Double Digits

French retailer Carrefour has reported a 11.2% increase in first-half sales on a like-for-like basis, with reported sales up 8.2% in the period.

JDE Peet’s To Acquire Maratá’s Coffee & Tea Business In Brazil

JDE Peet’s, the world’s leading pure-play coffee and tea company by revenue, has announced that it has signed an agreement to acquire the Brazi...

Carrefour Brasil Posts 95% Drop In Second-Quarter Net Profit

Carrefour Brasil reported a 95.2% drop in its second-quarter adjusted net profit to reach 29 million reais (€5.52 million), hit by the financial impac...

ADM Profit Tops Estimates On Big Brazilian Harvest, Strong Demand

Archer-Daniels-Midland beat Wall Street expectations for second-quarter profit, as the grain trader and processor benefited from a record Brazilian soybean...