Brazil

Brazil's Consumer Prices Rise Slightly Less Than Expected In August

Brazil's consumer prices as measured by the benchmark IPCA index rose slightly less than expected in August, data from government statistics agency IBGE sh...

Mercosur Splits Dampen EU Outlook For Trade Deal As Window Narrows

Splits within South American trade bloc Mercosur have dampened hopes in the European Union of a trade deal, which could fall apart if it does not get done...

Corn Slips On Record Brazilian Crop, Early US Harvest

Chicago corn futures eased on Thursday, trading close to three-year lows as record production in top exporter Brazil and supplies from an early U.S. harves...

Nestlé To Acquire Stake In Premium Brazilian Chocolate Firm

Nestlé has announced it is to acquire a majority stake in Grupo CRM, a premium chocolate manufacturer in Brazil, following an agreement with Advent...

Carrefour Registers Logo For New Wholesale Format in France

Carrefour has officially registered the logo of its new wholesale format in France, imported from the Brazilian market.

Brazil's Orange Production At Risk As Greening Disease Skyrockets, Research Centre Says

Brazil's orange production is at risk due to a citrus greening disease spreading in the world's largest fruit and juice producer, a research center said, a...

Chile's Cencosud Sees Net Income Up 163% In Q2 2023

Chilean multi-format retail holding company Cencosud reported net income of US$ 179 million (€164 million) in the second quarter of 2023, registering...

Brazilian Meatpacker JBS Sees $450m Gain From Lower Grain Prices

JBS has forecast gains of $450 million (€411.8 million) this year related to lower grain prices, particularly corn, higher than guidance of $340 milli...