Emotions were running high on Saturday at the funeral of a black Brazilian man beaten to death by white security guards in an assault that sparked protests across the country.2 comments
More than 1,000 demonstrators attacked a Carrefour Brasil supermarket in the southern Brazilian city of Porto Alegre on Friday after security guards beat to death a Black man at the store.
A supermarket chain in Brazil apologized for its handling of an employee's death at one of its stores, which covered the man's body with boxes and umbrellas and remained open for business.
Brazilian retail tycoon Abilio Diniz has suspended plans to merge his supermarket chain Grupo Pao de Acucar with the local arm of France's Carrefour. The move comes after the Brazilian state development bank BNDES and a private fund backed out of supporting the deal.
BNDES bank will not put up the 2.4 billion US dollars it pledged for the merger of Brazil's biggest retailers, Grupo Pao de Acucar and France's Carrefour, unless France’s Casino is on board, bank president Luciano Coutinho said in a local magazine.