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The Continuous Improvement Mindset: RXO’s Jamie Harris
The veteran CFO is driving the trucking brokerage spinoff of XPO Logistics toward process efficiency, organic growth, and market share gains.
By
Vincent Ryan
| January 27, 2023
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Brazil
The Economy
Brazil’s 0.2% GDP Drop Fans Recession Fears
"There is a very real risk of contraction, which would take the country into a technical recession," an economist warns.
By
Matthew Heller
| May 31, 2019
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M&A
Avon in ‘Advanced’ Sale Talks With Brazilian Firm
Natura Cosméticos "believes it can revive the fortunes of the company historically known for its doorstep Avon Lady sellers."
By
Matthew Heller
| May 22, 2019
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Turnarounds
Avon Turnaround Proceeding Slowly
The cosmetics company posted breakeven earnings per share and sales fell year-over-year.
By
William Sprouse
| November 1, 2018
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Risk & Compliance
Petrobras Settles Investor Class Action for $2.9B
The settlement resolves investor claims arising from the $2 billion corruption scandal that has rocked Brazil for four years.
By
Matthew Heller
| January 3, 2018
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Technology
Mobile App Spending to Top $110B Next Year
A new report says the app market is maturing, with users averaging two hours a day in apps and the share of non-game apps increasing.
By
Matthew Heller
| December 6, 2017
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Risk Management
Four Countries Where Political Risk Is Rising
In its quarterly report on political risk, Aon downgraded the risk ratings of four nations.
By
Vincent Ryan
| October 17, 2017
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Strategy
Pilgrim’s Pride Buys Poultry Firm From Parent
The $1.3 billion acquisition of Moy Park "will position Pilgrim's to become a global player" in the poultry production business.
By
Matthew Heller
| September 11, 2017
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Global Business
S&P Sees More Sovereign Downgrades This Year
Negative rating actions on sovereign debt "are likely to continue to outnumber positive actions over the coming 12 months," S&P says.
By
Matthew Heller
| July 13, 2017
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Technology
Robots Help Siemens Cope in Brazil
Subsidiary’s CFO recounts how robots have helped sustain productivity during the country’s prolonged crisis.
By
David Katz
| June 22, 2017
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Financial Performance
AB InBev Won’t Pay Execs Bonuses for 2016
"When we do not meet our objectives, we take responsibility for it," the company said as it reported a "disappointing" performance last year.
By
Matthew Heller
| March 2, 2017
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Strategy
Kellogg to Buy Brazilian Snack Firm for $429M
The cereal giant says the deal will advance its goals of becoming a global snacking powerhouse and expanding in emerging markets.
By
Matthew Heller
| October 13, 2016
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Strategy
Duke Energy Sells Brazilian Plants for $1.2B
The sale of eight plants to China Three Gorges Corp. advances Duke's strategy of focusing on its core regulated power business in the U.S.
By
Matthew Heller
| October 10, 2016
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Strategy
Coca-Cola Femsa Buys Brazilian Bottler for $1.1B
The acquisition of Vonpar will make Femsa the largest volume distributor of Coke in Brazil, with a 49% market share.
By
Matthew Heller
| September 23, 2016
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The Economy
Blame It on Rio
Hosting the Rio Olympics will be a net negative for Brazil's economy, predicts Euler Hermes.
By
Vincent Ryan
| August 3, 2016
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The Quiz
Summer Spectacle
How much do you know about the upcoming Summer Olympic Games in Rio de Janeiro? Take our quiz to find out.
By
CFO Staff
| July 15, 2016
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