Brazil's buoyant food market

Rich rewards on offer in Brazilian packaged food market

As the Brazilian economy develops, consumers are becoming increasingly sophisticated in how and what they buy. According to a new…

BRAZIL: Wal-Mart to invest US$1bn in Brazil

US retail giant Wal-Mart is expanding its operations in Brazil with an investment of BRL$1.8bn (US$1.11bn) and the opening of…

BRAZIL: Casino raises stake in CBD

French retail giant Casino has increased its stake in Brazilian retailer CBD to 35.3% after exercising a call option. Casino, which previously…

BRAZIL: Nestlé-Fonterra JV extends reach

Dairy Partners of America, the 50-50 joint venture between Fonterra and Nestlé, is planning to build a yoghurt plant in…