Jbs

JBS will made luxury beef cuts, like the picanha, avialable to at 400 shops

Luxury JBS steak hits 400 supermarkets

By Oscar Rousseau

One of the world’s largest meatpackers, JBS, has launched its 14-strong premium steak range across Brazilian supermarkets for the first time ever.

JBS opens revamped dried meat facility

JBS opens revamped dried meat facility

By Aidan Fortune

Processor JBS opened the new facilities of its newly refurbished charque and dried meat plant in Santana de Parnaíba in Brazil following an R$18 million investment.

JBS reopens suspended sites

JBS reopens suspended sites

By Aidan Fortune

Brazilian processor JBS has reopened production facilities in Mato Grosso do Sul following a temporary closure stemming from a court-ordered asset seize last week.

Prosecutors called the actions of Batista brothers Joesley and Wesley (pictured) 'illegal'

JBS Batista brothers charged with insider trading

By Oscar Rousseau

Joesley and Wesley Batistia, the billionaire brothers of scandal-rocked Brazilian meatpacker JBS, have been charged with insider trading by prosecutors who allege the duo pocketed over US$30m.

JBS has reported an 80% year-on-year drop in net income

JBS net income drops in second quarter

By Aidan Fortune

JBS suffered a mammoth 80% year-on-year drop in income for the second quarter of the year, due to growing net financial expenses. 

JBS will now proceed with its $300 asset sale to Brazilian rival Minerva

Court lifts JBS asset freeze

By Oscar Rousseau

JBS has had its ban on the sale of assets to rival Minerva lifted by a Brazilian court, as the world’s largest meatpacker copes with the fallout from a corruption scandal. 

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