Brazil Archives - CFO

Brazil’s 0.2% GDP Drop Fans Recession Fears

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

Avon in ‘Advanced’ Sale Talks With Brazilian Firm

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

Avon Turnaround Proceeding Slowly

Avon Turnaround Proceeding Slowly

The cosmetics company posted breakeven earnings per share and sales fell year-over-year.

By William Sprouse | November 1, 2018

Petrobras Settles Investor Class Action for $2.9B

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

Mobile App Spending to Top $110B Next Year

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

Four Countries Where Political Risk Is Rising

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

Pilgrim’s Pride Buys Poultry Firm From Parent

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

S&P Sees More Sovereign Downgrades This Year

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

Robots Help Siemens Cope in Brazil

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

AB InBev Won’t Pay Execs Bonuses for 2016

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

Kellogg to Buy Brazilian Snack Firm for $429M

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

Duke Energy Sells Brazilian Plants for $1.2B

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

Coca-Cola Femsa Buys Brazilian Bottler for $1.1B

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

Blame It on Rio

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

Summer Spectacle

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