Brazil

Brazil's Sugarcane Season Seen Smallest Since 2011

Brazil's government on Friday sharply cut its view for the sugarcane crop, projecting the smallest volume since 2011.

Prosus To Buy iFood Stake From Just Eat Takeaway For Up To €1.8bn

Technology investor Prosus said it would pay €1.5 billion ($1.51 billion) in cash and an additional 'consideration' of up to €300 million to buy...

EU Contacts Brazil To Resume Mercosur Trade Pact Talks, Sources Say

European Union representatives have approached Brazil's government seeking to rekindle negotiations with South America's Mercosur bloc on a stalled trade a...

Brazil's JBS Q2 Profit Falls Almost 10%, But Tops Estimates

JBS SA, the world's largest meatpacker, posted an almost 10% drop in net profits, to $766 million, driven by the relative weakness of its US beef and pork...

Belgium's Ontex Close To Selling Its Brazil Business To J&F: Report

Belgium's Ontex Group is close to selling its business in Brazil to conglomerate J&F Investimentos, through its unit Flora, according to a report in th...

Brazilian Consumer Prices Drop Sharply In July After Tax Cuts

Brazil's consumer prices fell more than expected in July, with the benchmark index recording its largest monthly drop ever, in the wake of a string of tax...

DIA Group Sees Net Sales Up 8.5% In 'Turning Point' First Half

Spain's DIA Group has said that the first half of its financial year represented a 'turning point' for the business, as it reported a 8.5% increase in net...

Brazilian Meat Suppliers To Increase Exports In 2022, Government Agency Predicts

Brazilian chicken exporters may sell a record volume above 4.7 million tonnes this year on global markets, according to an estimate from the country's food...