Brazil

World Sugar Prices To End 2018 Sharply Lower As Global Glut Weighs

World sugar prices are poised to recover some ground in the coming months but will still post sharp losses this year, as a larger than expected supply surp...

Advent International Closes Walmart Brazil Acquisition

Advent International, a US private equity firm, has announced it has finalised the 80% buyout of Walmart Brazil it announced in June of this year....

Heineken Sees Revenue Up, However, Profits Are Below Expectations

Heineken, the world's second-largest beer-maker, has cut its full-year margin forecasts due to currency weakness in some more profitable markets and expans...

Carrefour Brazil Launches New ‘Social Gastronomy’ Project

Carrefour Brazil has launched a new project through its Carrefour Foundation platform, that it says will help the retailer develop ‘zero-waste’...

Unilever Posts Lower Than Expected Sales In Second Quarter

Consumer goods maker Unilever reported lower-than-expected second-quarter sales on Thursday, hurt by a Brazilian transport strike and weak pricing. The...

Carrefour Introduces High-Speed Checkout In Brazil Wholesale Outlets

Carrefour Brasil has rolled out a new automatic checkout system for its Atacadão banner, a first for Brazil’s wholesale sector. The high-sp...

GPA Sees 10.4% Revenue Growth In Q2, Boosted by Assaí

Brazilian retailer Grupo Pão de Açúcar (GPA) has reported a 10.4% like-for-like net revenue increase in the second quarter of the year...

Bar By Bar, Heineken Battles AB Inbev In Brazil

Sao Paulo bar owner Arthur Santi has long served up boatloads of ice-cold Skol, one of Brazil's most popular beer brands and a mainstay of brewing giant Am...