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Sept 24 — IFC executive board approved under the AOB simplified procedure an up-to-$150m A‑loan to New Hope Singapore Ltd, a wholly owned subsidiary of China’s New Hope Liuhe Co., to finance expanded animal-feed production capacity and related workin

2026-10-08

Sept 24 — IFC executive board approved under the AOB simplified procedure an up-to-$150m A‑loan to New Hope Singapore Ltd, a wholly owned subsidiary of China’s New Hope Liuhe Co., to finance expanded animal-feed production capacity and related working capital in Egypt, Bangladesh, Cambodia, Nepal and Vietnam, aimed at strengthening local agricultural supply-chain resilience and food security and supporting rural jobs and farm incomes.

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2026-10-08

Oil rose more than 3% intraday on Thursday as escalating Houthi attacks on Saudi Arabia, a separate tanker attack in the Persian Gulf and Hurricane Isaias approaching the U.S. northern Gulf forced wider production shut‑ins. The U.S. Bureau of Ocean E

Oil rose more than 3% intraday on Thursday as escalating Houthi attacks on Saudi Arabia, a separate tanker attack in the Persian Gulf and Hurricane Isaias approaching the U.S. northern Gulf forced wider production shut‑ins. The U.S. Bureau of Ocean Energy Management said by Wednesday morning about 511,619 b/d of Gulf of Mexico oil production—roughly 25.08% of the region’s current output—was shut in; eight production platforms and two drilling rigs had been evacuated and one rig moved out of the storm track. About 16.37% of regional natural gas output was also shut in. The NHC said Isaias strengthened into a hurricane Wednesday night and is expected to approach the northern U.S. Gulf Coast on Friday.
2026-10-08

WTI crude rose above $91 per barrel for the first time since Oct. 2, gaining 3.02% on the day.

WTI crude rose above $91 per barrel for the first time since Oct. 2, gaining 3.02% on the day.
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