Advertisement
New Zealand markets close in 1 hour 16 minutes
  • NZX 50

    11,739.25
    -96.79 (-0.82%)
     
  • NZD/USD

    0.5879
    -0.0026 (-0.45%)
     
  • NZD/EUR

    0.5525
    -0.0020 (-0.36%)
     
  • ALL ORDS

    7,783.20
    -115.70 (-1.46%)
     
  • ASX 200

    7,534.10
    -108.00 (-1.41%)
     
  • OIL

    84.79
    +2.06 (+2.49%)
     
  • GOLD

    2,402.40
    +4.40 (+0.18%)
     
  • NASDAQ

    17,394.31
    -99.31 (-0.57%)
     
  • FTSE

    7,877.05
    +29.06 (+0.37%)
     
  • Dow Jones

    37,775.38
    +22.07 (+0.06%)
     
  • DAX

    17,837.40
    +67.38 (+0.38%)
     
  • Hang Seng

    16,144.45
    -241.42 (-1.47%)
     
  • NIKKEI 225

    36,818.81
    -1,260.89 (-3.31%)
     
  • NZD/JPY

    90.7240
    -0.5300 (-0.58%)
     

Brazil meat scandal frustrates turnaround effort

Fallout from a corruption scandal in Brazil's massive meat industry has spread, with China and South Korea suspending some imports and the European Union mulling action. As Silvia Antonioli reports, the Brazilian police operation could deal a heavy blow to one of the few sectors of Latin America's largest economy that has thrived during a two-year recession.