Brazil

Nestlé Vows To Plant 3m Trees In Mexico, Brazil To Help Set Off Emissions

Nestlé SA is launching a reforestation project to plant at least 3 million trees in Mexico and Brazil in the next year and a half as the Swiss ...

After First Profit In Four Years, Brazil's BRF Braces For 2020 Volatility

Brazilian food processor BRF SA reported its first annual profit in four years, yet the world's largest chicken exporter sees volatility in 2020...

Brazil Beef Firms Face Reduced Chinese Demand Due To Coronavirus

China's beef imports will fall in the first half of 2020 due to fallout from the coronavirus outbreak, which is complicating the circulation of people and...

AB InBev Sees 10% Hit To First-Quarter Profit From Coronavirus

The world's largest brewer Anheuser-Busch InBev forecast a 10% decline in first-quarter profit on Thursday after the coronavirus outbreak hit beer sales du...

Carrefour Brasil Q4 Net Income Rises 6.3% On Strong Sales

Brazilian food retailer Carrefour Brasil SA has reported a 6.3% increase in fourth-quarter net income year-on-year as strong sales continued to fuel growth...

Brazil's GPA Says May Sell $700m In Assets In Coming Months

Brazilian supermarket chain GPA SA could sell more than R$3 billion ($683.99 million) in assets in the coming months, its chief financial officer said on T...

Two BRF Poultry Plants In Brazil Banned From Exporting To Saudi Arabia

Brazilian food processor BRF SA has said that two of its plants have been temporarily suspended from exporting poultry to Saudi Arabia due to alleged irreg...

Carrefour Brazil Acquisition Indicates Continuing Fusion Of Retail And Wholesale

The announcement by Carrefour Brazil that it is to acquire 30 cash and carry stores from Makro, and convert them to the Atacadão format, further und...