Shares of a large grain processor took off as cooking oil became the latest sticking point in the strained trade relationship between the U.S. and China. A number of major financial firms benefitted from strong earnings reports, though soft quarterly results dragged down shares of an insurance giant.
Shares of Bunge Global SA jumped more than 13% on Wednesday after President Donald Trump said the United States is considering ending purchases of Chinese cooking oil.
Shares of Bunge and other agricultural companies are rising thanks to threats of a ban on used cooking oil – a key ingredient needed to produce renewable fuels.
Bunge Global SA (NYSE:BG ) Discusses New Segmentation Structure and Integration Progress Following Viterra Combination October 15, 2025 8:00 AM EDT Company Participants Mark Haden - VP of Investor Relations Gregory Heckman - CEO & Director John Neppl - Executive VP & CFO Conference Call Participants Thomas Palmer - JPMorgan Chase & Co, Research Division Heather Jones - Heather Jones Research LL...
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