Brazil

Carrefour Looks To H2 With Confidence As France And Brazil Lift Profits

Carrefour upheld its end-of-year targets as it said it was confident about H2 with French and Brazilian markets driving profits in H1.

The coffee harvest in Brazil has progressed quicker than normal this year as reported yields remained smaller than expected.

Irish business confidence in output growth remains stronger than global average, according to the S&P Global Ireland survey for June.

Carlsberg has agreed to buy British soft drinks maker Britvic in a deal worth £3.3 billion in a bid to create a UK beverage company.

Ornua, the owner of the Kerrygold brand, has announced the appointment of Cesar França as managing director of the Global Foods division.

British soft drinks maker Britvic has rejected a takeover proposal worth £3.11 billion from Carlsberg group, the companies said on Friday.

Nestlé plans to invest 1 billion reais (€180 million) in its Brazilian Nescafé market by 2026 as it tries to tap into surging demand.

Heineken sold more beer in the first quarter than expected, sticking to its forecast profit growth in 2024.

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