LND topic: jbs page 1

jbs

JBS's Big Day on Wall Street: A Mixed Welcome

June 14, 2025

The Brazilian meat giant JBS had a notable moment when it started trading on the New York Stock Exchange. The company, which has been around for 72 years, saw its shares dip by 3. 9% on the first day. This event was a long time coming for JBS, which is now one of the biggest meat producers globally.

business

The Meat Giant's Big U. S. Bet

May 14, 2025

The Batista brothers, Joesley and Wesley, are behind JBS, the world's top meat producer. They've had a rough ride with the law, facing charges for bribing over 1, 800 politicians in Brazil. Despite this, they're set to list their company on the New York Stock Exchange. This move comes after a decade

environment

Brazil Cracks Down on Meat Companies for Buying Cattle from Illegal Deforested Land

October 29, 2024

In a surprising move, Brazil's environmental agency has slapped fines totaling $64 million on 23 meatpacking companies. The fines are for buying and selling cattle that were raised on deforested land in the Amazon, an area where raising cattle is a major cause of deforestation. Over 18, 000 cattle w