Brazil

Nestlé Expands Kit Kat Factory In Brazil, Making It World’s Largest

Nestlé has significantly expanded its KitKat capacity in Brazil by adding a fourth production line to its chocolate factory in Caçapava, S&at...

Brazil Asks EU To Hold Off On Implementing Deforestation Law

Brazil has asked the European Union not to implement regulations in its deforestation law at the end of the year as scheduled and asked for it to be revise...

Grupo Bimbo Signs Agreement To Acquire Brazil's Wickbold

Bakery giant Grupo Bimbo has announced it has signed an agreement to acquire Brazilian peer Wickbold.

Grupo Mateus' Second-Quarter Profits Increase by 18%

Brazil's third-largest retailer, Grupo Mateus, has announced an 18% year-on-year increase in net profit to 347.5 million reais (€57.7 million) for the...

JBS Posts Profit As Chicken And Pigs Make Up For Beef Slump

JBS SA said that divisions that process chicken and pigs lifted its results, including poultry unit Pilgrim's Pride, JBS USA Pork in the US,...

GPA Narrows Losses In Second Quarter, Revenues Rise 2.5%

Brazilian retailer GPA reported a loss of 332 million reais (€55.2 million) in the second quarter of the year, a 21.9% improvement year-on-year, while...

Light Frosts Reported In Some Brazilian Coffee Areas, Prices Surge

Farmers reported light frosts in coffee-producing areas of Brazil over the weekend as an unusually strong cold mass for this time of year advances from the...

Brazil's Assaí Atacadista Sees Sales Up 12.% In First Half

Brazilian cash and carry chain Assaí Atacadista has reported a 12.9% increase in net sales in the first half of its financial year, to BRL 35.1 bill...