Ontario, Canada's most populous province, said on Wednesday it would increase spending on hospitals and small businesses during the coronavirus pandemic, as it maintained its forecast for a record budget deficit in the current fiscal year.
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SAO PAULO (Reuters) - Brazil’s third-largest meat processor, Cooperativa Central Aurora Alimentos, plans to expand chicken processing and maintain the size of pork operations as it seeks to boost sales to markets such as China, its chief executive said on Wednesday.
CEO Neivor Canton said in an interview with Reuters that Aurora, a privately held company competing with Brazil-based heavyweights JBS SA and BRF SA, wants to expand its poultry capacity by 20% in two years and will invest 500 million reais ($93 million) in 2021 to achieve that goal.
Aurora processes about 6,000 tonnes of animal protein daily and exports about a third of that, the executive said.
MSCI's gauge of stocks across the globe rose on Wednesday for an eighth straight session even as the S&P 500 eased, and U.S. Treasury yields tumbled on data showing inflation remained tame in January.
Brazil's bank lending is expected to grow 7.3% in 2021 but loan quality is likely to deteriorate, a survey by the country's banking lobby association Febraban showed on Wednesday.