The acquisition of Vonpar will make Femsa the largest volume distributor of Coke in Brazil, with a 49% market share.
Hosting the Rio Olympics will be a net negative for Brazil's economy, predicts Euler Hermes.
How much do you know about the upcoming Summer Olympic Games in Rio de Janeiro? Take our quiz to find out.
Only 22% of the Brazilian airline's bondholders accepted the offer but it is continuing to look for medium-term restructuring solutions.
Brazil's federal goverment steps in after the state of Rio de Janeiro declares its finances are a "public calamity."
The latest Brazilian central bank survey of economists shows increasing pessimism amid the country's prolonged recession and political turmoil.
The downgrade brings Moody's in line with other rating agencies concerned about Brazil's creditworthiness amid its worst recession in decades.
The Bank's sobering assessment for 2016 nevertheless calls for only a modest growth slowdown in China.
The downward revision from April's 3.3% prediction reflects China's economic slowdown, which has crimped Asia's export growth.
The companies estimate $1.5 billion in annual cost savings by the end of 2017.
A 25-year low in the real and the forecast of a contracting economy are not helping the country's overseas bond market.
The Duke/CFO Magazine Global Business Outlook Survey shows finance chiefs in some regions deciding that they can afford to invest again in growth.
