While JBS SA and Tyson Foods Inc. tussle for a bigger share of the U.S. processed-food market, BRF SA is stepping up its growth efforts in emerging markets.
Uncertainties of U.S. economic recovery are generating “panic” in the markets, Pedro Galdi, head strategist at Sao Paulo-based brokerage SLW Corretora, said in a telephone interview.
Brazil’s highest court postponed a decision on lawsuits depositors filed against banks to recover losses from government policies to fight hyperinflation in the 1980s and 1990s.
"The Brazilian market is benefiting as investors seem more willing to take risk."
- Pedro Galdi on Aug 11, 2014