By Ana Mano SAO PAULO (Reuters) – JBS SA, the world’s biggest meatpacker, reported an 86% drop in third-quarter net income compared to a year ago on Monday, sliding to …
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Financial News
Brazil’s JBS says China lockdowns won’t affect demand, logistics a concern
by Reutersby ReutersSAO PAULO – Brazilian meat giant JBS SA played down the effects of COVID-19-related lockdowns in China, saying they would not affect demand for JBS products despite causing logistics concerns, …
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Financial News
Brazil’s JBS unveils electric truck rental unit for refrigerated cargo
by Reutersby ReutersBy Letícia Fucuchima SAO PAULO – JBS SA announced on Tuesday the creation of a business unit for renting electric trucks to distribute refrigerated cargo to retailers, helping the Brazilian …
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Financial News
Brazil’s JBS says U.S. domestic and international businesses to remain strong
by Reutersby ReutersSAO PAULO – Brazilian meatpacker JBS SA, which operates multiple food processing facilities in the United States, said its North American operations will continue to drive performance. Speaking at a …
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Financial News
Brazil’s BNDES raises $370 million in meatpacker JBS shares sale, says executive
by Reutersby ReutersSAO PAULO – Brazil’s state-controlled development bank BNDES sold on Wednesday 50 million shares of the meatpacker JBS SA, raising about 1.9 billion reais ($369.90 million), said the director of …