Edition:
United States

Alberto Alerigi

Honda says it will stop making autos in Argentina in 2020

Aug 13 2019

SAO PAULO Japan's Honda Motor Co on Tuesday said it will stop producing automobiles in Argentina next year as part of a global shift in how it shares production between regions.

Brazilian retailer GPA expects higher margins, stimulus package effect on third quarter

Jul 25 2019

SAO PAULO Brazilian retailer GPA SA expects higher profit margins over the next few months, as sales seem to be reacting on the second half, group executives told journalists on Thursday.

UPDATE 4-Brazil postpones new road freight price rules through Wednesday

Jul 22 2019

BRASÍLIA/SAO PAULO, July 22 The Brazilian government has postponed new road freight pricing rules through Wednesday as it seeks to avoid repetition of a truckers strike that crippled Brazil's roads last year, hampering delivery of everything from fuel to grains.

CORRECTED-(OFFICIAL)-UPDATE 2-China bolstering Brazil's BRF turnaround effort -CEO

Jul 18 2019

SAO PAULO, July 18 Brazil's BRF SA expects to soon receive as many as four new export permits to sell chicken and pork to China, which could help the Brazilian food processor reverse three consecutive annual losses.

France's Casino to overhaul Latam holdings, GPA shares soar

Jun 27 2019

SAO PAULO/PARIS Casino Guichard Perrachon on Thursday unveiled a plan to simplify the complex shareholding structure for its Latin American operations, sending shares in its Brazilian and Colombian units soaring.

Meat-loving Brazil joins the search for plant-based alternatives

Jun 19 2019

SAO PAULO Beef-crazy Brazil, with its all-you-can-eat steak houses, world-leading meatpackers and more cattle than people, is not the first place you might look for plant-based alternatives to meat.

Brazilian state sues Braskem over compensation for damage from mining

Jun 07 2019

SAO PAULO, June 7 Prosecutors for the Brazilian northeastern state of Alagoas filed a lawsuit against the country's largest petrochemical company, Braskem SA, seeking to guarantee compensation for damages caused by the firm, the Alagoas government said on Friday.

Brazil's Vale, China's CCCC to co-invest in steel plant

May 23 2019

SÃO PAULO State-owned China Communications Construction Co (CCCC) and iron ore miner Vale SA have agreed to set up a steel mill in Brazil's northern state of Pará with a $450 million investment, the state's government said on Thursday.

VW truck brand to invest $344 million in Brazil after Ford exit

May 21 2019

SAO PAULO Volkswagen AG truck brand Scania said on Tuesday it will invest 1.4 billion reais ($344.14 million) to modernize its Brazilian factory in Sao Bernardo do Campo, an industrial city near Sao Paulo.

UPDATE 1-Brazil's CSN nears German unit sale, in talks for ore streaming

May 09 2019

SAO PAULO, May 8 Brazilian steelmaker Companhia Siderurgica Nacional said on Thursday it is still in talks for a $500 million iron ore streaming deal and is close to reaching an agreement to sell its German unit.

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