Brazil

Brazil’s Pão de Açúcar Announces Portuguese Wine Imports

Brazilian supermarket chain Pão de Açúcar has imported over 100,000 bottles of Portuguese wine, from seven wine regions and 19 produce...

Beef Export Bonanza For Brazil As Chinese Eat More Foreign Steak

Chinese consumers are eating more beef than the country can produce, and that’s led to a sales bonanza for exporters in Brazil. About a year after...

Brazil’s BRF Said To Eye $1.5 Billion IPO For Sadia Unit

BRF SA, Brazil’s biggest processed-food maker, is considering selling stock in its Sadia Halal unit in a deal that could value the food products comp...

Brazilian Supermarket Enables Consumers To Pick Vegetables

A Brazilian supermarket chain is offering its customers the opportunity to pick their own vegetables. The Rio de Janeiro-based Zona Sul supermarket deci...

Brazil’s Retail Sales Unexpectedly Fall In May

Brazil’s retail sales unexpectedly fell in May and no recovery is expected in the third quarter as Latin America’s largest economy struggles to...

Casino Revenue Advances At Fastest Pace in Two Years On Brazil

Casino Guichard-Perrachon SA, the French grocery retailer targeted by short seller Carson Block, reported second-quarter revenue that beat analysts’...

As Markets Bemoan Brexit, Brazil Beef Shippers See Opportunity

Britain’s decision to leave the Europe Union buffeted markets, spurred panic on global trading floors and prompted UK Prime Minister David Cameron to...

Corn Prices Tumble As Supply Outlook Improves In Top Exporters

Corn futures in Chicago fell by the most in three years and prices slumped in São Paulo state, as the supply outlook improves in the US and Brazil,...