Friday, 19th August 2022
<To guardian.ng
Search

Heineken CFO says Brazil growth good news in long term

By Bloomberg
31 July 2018   |   4:32 am
Laurence Debroux, chief financial officer of Heineken NV, talks to Bloomberg from Amsterdam after the world’s second-largest brewer forecast a drop in profitability this year as it expands more quickly than expected in Brazil, where its beer business is less profitable than elsewhere.

Related

21 Jan
In a major operation to push back against gangs, about 1,200 Brazilian military police were deployed to a neighborhood as part of a project to "change the lives of the people."
23 Jan
We look at the Brazilian papers' reactions to the death of national icon and samba diva Elza Soares at 91. Many papers are reacting to growing tensions in Ukraine as the threat of a Russian invasion looms. There's focus also on Vladimir Putin and his quest to reclaim Russia's lost glory. Finally, the famous M&Ms characters get a "woke" upgrade and not everyone's happy about it!
1 Feb
At least nine people were wounded and around 500 families had to abandon their residences in Brazil's southern Sao Paulo state. The torrential rainfall is expected to continue until Tuesday.
5 Feb
We look at reactions from the Brazilian press after the deadly beating of a young Congolese man over back pay at his beachside kiosk job. Also, as the Beijing Winter Games get underway, there's little cheer as drastic Covid-19 restrictions and limited freedom of speech overshadow the opening ceremony. Finally, UK's Royal Mail is investigating after some of its workers got high on weed cookies!
17 Feb
Heineken is raising the price of a pint, as supply shortages and high costs hit the beer-brewing business. It's a concrete example of how inflation is affecting both businesses and consumers. Meanwhile, inflation in the UK has hit a 30-year high, and French shoppers are worried about their purchasing power.
17 Feb
The death toll from heavy rains and mudslides in the city of Petropolis in Brazil’s Rio de Janeiro state has risen to 104, authorities said late Wednesday, Feb. 16. At least 54 homes have been destroyed and 370 people are being housed in shelters, according to a report by the Brazilian news portal G1.
9 Mar
In a crime that shocked Brazil, 24-year-old Congolese refugee Moise Mugenyi Kabagambe was beaten to death in January. The worker at a beach kiosk in Rio de Janeiro had simply asked that his employers pay his overdue wages. His brutal xenophobic killing highlights the deeply rooted racism in Brazilian society. According to the latest Atlas of Violence, in 2019 in Brazil, 77% of homicide victims were Black.
4 Apr
At least 14 people have died in Rio de Janeiro state after heavy rainfall triggered mudslides this weekend. Brazil has lately been reeling from a pattern of destructive storms.
7 Apr
At least 14 people have died in Rio de Janeiro state after heavy rainfall triggered mudslides this weekend. Brazil has lately been reeling from a pattern of destructive storms.
24 Apr
Brazil has more than three million "ghost citizens": people who don't have a birth certificate or ID card. In administrative terms they do not exist and have no access to public health care or education. They also can't vote. But in the run-up to October's elections, these people could constitute a potential political force. Our correspondents Perrine Juan, Louise Raulais and Tim Vickery take a closer look at the legal and social workers who are trying to help "ghost citizens".
1 May
The imprisonment and political exclusion of former President Lula da Silva was a violation of his rights, the UN has said. Lula is currently leading in polls for October's presidential election.
9 May
At the beginning of December, Brazil's president, Jair Bolsonaro, said he would make sure that fuel prices go down. Just the opposite has happened, and now unrest in the South American country is growing.