Brazil

EU Warns Against Adjusting Mercosur Trade Deal

The European Commission said it would be unwise to renegotiate parts of its proposed free trade agreement with Brazil and other countries of the Mercosur b...

Brazil's JBS Starts Building Lab-Grown Beef Factory In Spain

Brazilian meatpacker JBS said that its subsidiary BioTech Foods has started construction in Spain on its first commercial-scale plant to produce lab-grown...

Walmart Reiterates Goal Of Doubling International Gross Merchandise In Five Years

Walmart still expects to double the amount of gross merchandise volume it sells in foreign markets to $200 billion in five years, a top executive at the re...

Carrefour Tops Brazilian Supermarket Rankings For Seventh Year

For the seventh year in a row, Carrefour is the Brazilian supermarket chain with the highest annual turnover, ending 2022 with a turnover R$ 108.1 billion...

Indian Sugar Mills Export Entire Quota Of 6.1 Million Tonnes

Indian mills have shipped out the entire 6.1 million tonnes of sugar allowed for exports, industry officials told Reuters, cashing in on multi-year high pr...

Grain Trader Viterra In Talks To Merge With Bunge: Source

Global grain trader Viterra is in talks to merge with US rival Bunge Ltd, a person familiar with the matter said, in a potential mega deal that would resha...

Brazilian Supermarkets Plan 'National Shopping App'

The Brazilian Association of Supermarkets (ABRAS) has announced plans to launch a nationwide shopping app in the second half of 2023.

Coffee Traders Pin Hopes On Brazil For Robusta Beans As Prices Soar

Coffee traders scrambling to supply roasters with robusta beans are pinning their hopes on Brazil, as prices for the bitter bean typically used to make ins...