Argentina

Grupo DIA Sees 2% Sales Growth In Q3, Driven By Spain

Grupo DIA reported gross sales of €1.8 billion in the third quarter of 2024 – an increase of 1.8% compared to the same period in 2023.

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.

Dia Reports Growth In Sales, Profits As It Completes Business Transformation

Spanish retail group Dia reported an increase in gross sales and adjusted core profit in the first half of its financial year 2024.

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...

Dia CEO Confident Of Growth Prospects In Spain, Argentina

Martín Tolcachir, the global CEO of Spanish retail group Dia, is confident that the business will continue to grow and generate value in Spain and A...

'Eating Is A Luxury': Argentina Inflation Falls But Shoppers Still Feel Squeezed

Argentina's monthly inflation rate in May was likely the lowest since 2022 amid a tough austerity drive by libertarian President Javier Milei, bu...

Clorox To Sell Some Latin American Operations; Take $233m Charge

Bleach maker Clorox said that it would sell its operations in Argentina, Uruguay and Paraguay to private equity fund Apex Capital, as it looks to tighten i...