JBS, the world’s largest meat packer, in July revived a more than decade long effort to list its shares on the New York Stock Exchange in hopes of accessing cheaper capital and more investors. | Screencap via jbs.com.br

JBS listing worries U.S. senators

WASHINGTON, D.C. (Reuters) — The New York share listing of Brazilian meat company JBS SA would expose investors to risk, and the U.S. Securities and Exchange Commission should closely scrutinize the company’s criminal and environmental track record, a bipartisan group of senators has written in a letter to the agency. JBS, the world’s largest meat […] Read more

Prosecutors said in a briefing that six percent of JBS’s audited cattle purchases came from farms potentially blacklisted for environmental or human-rights violations, down from nearly 17 percent in the previous auditing cycle and as much as 32 percent in the prior one. | Screencap via jbs.com.br

JBS improves cattle record

SAO PAULO, Brazil (Reuters) — JBS, the world’s largest meat packer, has reduced cattle purchases from ranches with “irregularities” such as illegal deforestation, federal prosecutors found in their latest round of audits in the Amazonian state of Para. Prosecutors said in a briefing that six percent of JBS’s audited cattle purchases came from farms potentially […] Read more