Brazil Chicken Supplier BRF Sees Profit Triple as Costs Fall
BRF SA, one of the world’s largest chicken suppliers, surged to the highest since 2022 as lower costs and higher prices led to better-than-expected quarterly profits.
BRF SA, one of the world’s largest chicken suppliers, surged to the highest since 2022 as lower costs and higher prices led to better-than-expected quarterly profits.
Chile’s consumer prices rose more than forecast last month, underscoring the central bank’s caution over further interest rate cuts after it spearheaded reductions in Latin American over the past year.
European Central Bank Governing Council member Robert Holzmann said the Federal Reserve’s sway over the world’s top currency give it an outsized influence that policymakers will take into account.
UK Chancellor Jeremy Hunt would have an extra £10 billion a year for tax cuts if the Bank of England stopped selling the bonds it bought over more than a decade under quantitative easing, according to BOE disclosures.
Arm Holdings Plc is the most expensive stock among artificial intelligence hardware makers, despite trading nearly 30% below its peak. Wednesday’s earnings will need to offer bullish signals to justify that valuation.
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