Brasil Foods

Persuading a Brazilian company to invest $300,000 in chickens in Haiti may sound like a rather tall order. Not, though, if you’re Muhammad Yunus.

The Nobel peace prize winner and Brasil Foods (BRF), the world’s biggest poultry exporter, have teamed up to create an entire chicken production chain in the Caribbean country. Read more

Even Abilio Diniz, Brazil’s 76-year-old retail tycoon and fitness fanatic, knows when to call it a day.

After years of fighting for the company his father founded, on Friday he sold a third of his preferential shares in Pão de Açúcar worth R$1.5bn ($736) – well, that is according to one person close to the transaction and local media reportsRead more