Food processor JBS SA is hiring 5,200 additional workers in Brazil, seeking to boost output in a key export base while fending off the threat of the novel coronavirus, which disrupted some its plants in the second quarter.
Nordea Asset Management has decided to exclude shares of JBS SA worth about 40 million Euros from all of its funds this month based on the company’s environmental record and response to the COVID-19 pandemic, according to a statement released on Tuesday.
Brazilian firm JBS, the world's biggest meat processing company, was again accused on Monday of laundering cattle from ranches blacklisted for destroying the Amazon rainforest.
One of the world's largest meatpackers said they have installed ultraviolet air cleaning equipment in some US plants, as pressure mounts on food companies to protect workers amid growing concerns about airborne transmission of the coronavirus.
China has suspended imports from two Brazilian pork plants owned by meatpackers JBS SA and BRF SA, according to the Chinese customs authority, as it cracks down on meat shipments amid concerns about the new coronavirus.
Mass testing revealed an outbreak of novel coronavirus infections at plants operated by JBS SA and BRF SA in Brazil's Center West, the labor prosecutor's office in Mato Grosso do Sul state said on Friday, citing company data.
Brazilian meatpackers JBS and Minerva Foods are considering suspending operations at some slaughterhouses in Brazil due to supply chain issues from China, JBS and sources close to Minerva said this week.
A top United States Democratic congresswoman on Thursday asked the Agriculture Department (USDA) to investigate and retract tens of millions of dollars in federal contracts with the U.S. subsidiary of a Brazilian meatpacking company facing federal corruption charges.
An Arizona meat processor in the United States is recalling 12 million pounds of raw beef that health officials say already has sickened 246 people in 25 states with salmonella. JBS Tolleson Inc. said it was voluntarily expanding an October recall by about 5 million pounds, making it one of the largest recalls of ground beef in history.
Brazil’s top appeals court has ordered the release of one of meat processor JBS’ controlling shareholders, Joesley Batista, and Ricardo Saud, a lawyer for J&F Investimentos, which controls JBS. Both were arrested on Friday in an investigation into illegal campaign contributions and alleged bribery of government officials.