Brazil

Carrefour Brazil Sees 68% Growth In Q3 Net Profit

Carrefour Brazil has reported an adjusted profit of R$391 million for the period from July to September 2018 – a year-on-year increase of 67.6%. C...

Brazil's BRF Reports Wider-Than-Expected Q3 Loss In Tough Turnaround

Brazilian food processor BRF SA posted a wider-than-expected quarterly loss on Thursday as trade embargoes, a drop in sales volumes and higher feed prices...

Brazil’s GPA Repositions Qualitá Private Label Range

Brazilian retailer GPA has revised the entire portfolio and pricing policy of its Qualitá private label range available in Extra and Pão de A...

Online Retail Purchases Up By 42% in Brazil, Study Finds

The number of Brazilians making grocery purchases online has increased by 42%, claims a new Food Retail study by CVA Solutions. The Extra hypermarket ba...

Brazil Commences Surprise Inspections At 15 Meat Plants

Brazil's Deputy Agriculture Minister Eumar Novacki has told Reuters that a total of 15 meatpacking plants were subject to unannounced audits late last week...

Mondelēz International Launches Cocoa Sustainability Initiative In Brazil

Mondelēz International has announced the launch of its global cocoa sustainability initiative, Cocoa Life, in Brazil. The initiative aims to encourage t...

AB InBev Halves Dividend As Beer Sales Notch Up

Anheuser-Busch InBev, the world's largest brewer, slashed its proposed dividend by half on Thursday as improved beer sales in Mexico, Europe and parts of A...

Casino Confident On Disposal Plan, Q3 Sales Accelerate

French retailer Casino, which is battling investor concern over its high debt, said sales growth accelerated in the third quarter, reflecting an improving...