Bunge (NYSE: BG) and Olleco, the renewables division for ABP Food Group, today announced an agreement to form a 50/50 joint venture to create a business that encompasses the full life-cycle of edible oils.
The Bank of England said it would buy more government bonds to help keep its price stable and prevent investors from selling them, which could put some pension funds at risk of collapse.
Pre-open movers
U.S. stock futures traded lower in early pre-market trade on Tuesday after the Nasdaq index recorded its lowest finish since July 2020 in the previous session. The Philadelphia SE Semiconductor index fell around 3.5% on Monday after the US placed restrictions on exports of certain high-end chips to China.