Reported about 4 hours ago
Carrefour CEO Alexandre Bompard plans to publicly apologize to the Brazilian government over a dispute regarding the sale of South American meat in France, leading to a boycott by Brazilian beef producers. The French retailer's decision to refrain from marketing meat from the Mercosur trading bloc angered Brazilian officials and prompted major meat companies to suspend sales to Carrefour in Brazil, where the retailer has over 1,000 outlets contributing significantly to its global sales.
Source: YAHOO