Brazil

Brazil's GPA Sees Online Sales Rising Fivefold In Four To Five Years

Brazilian food retailer GPA SA expects e-commerce sales to jump by more than five times over the next four to five years while maintaining margins, chief e...

Brazil's BRF Raises $1bn In Discounted Share Sale

Brazilian food processor BRF SA said on Wednesday it had priced its share offering at R$20.00 per share, a 7.5% discount to Tuesday's closing price, raisin...

AgRural Trims Brazil's Soybean Crop Forecast

Brazilian agribusiness consultancy AgRural has trimmed its forecast for the country's 2021/22 soybean crop again due to bad weather.

Carrefour Gets Brazilian Antitrust Nod For Grupo BIG Acquisition

Brazil’s Administrative Council for Economic Defence (CADE) has recommended the acquisition of Grupo BIG by the Brazilian arm of Carrefour.

Grupo DIA Sees Sales Drop 3.4% To €6.65bn In 2021

Grupo DIA reported a 3.4% drop in 2021 sales to €6.65 billion, according to provisional data sent to local market regulator CNMV.

China's 2021 Soy Imports From US Rise While Brazilian Shipments Fall

China's soybean imports from the United States in 2021 rose from the previous year as it stepped up agricultural purchases under a trade deal agreed w...

Brazil Sees Coffee Crop Growing Less Than Expected; Deficit Looms

Brazil's government has said that farmers in the world's largest coffee producer will harvest 55.74 million bags in 2022, 16.8% more than in the previous y...

Smurfit Kappa Announces $33m Investment In Brazilian Facility

Packaging firm Smurfit Kappa has announced an investment of more than $33 million (€29 million) in expanding the capacity of its production facility i...