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Brazil’s Pao de Acucar denies talks with Carrefour

Brazilian retailer Grupo Pao de Acucar denied it is in talks with rival Carrefour about merging their units in Latin America's biggest economy.Pao de Acucar, Brazil's biggest diversified retailer, said in a securities filing on Wednesday that "it is...

Brazil on way to driving luxury growth, execs say

Once a country associated with the slums known as favelas, Brazil is on its way to becoming a new engine of growth for the luxury industry, executives at the Reuters Luxury and Fashion Summit said this week.Luxury sales in...
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Cinema chain MovieMax to reach 100 screens by FY26

The company will focus on increasing its footprint in South India and tier 2 and 3 cities Bengaluru: Mumbai-based cinema chain...
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