Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

Nickel Producer Halts Plant Ramp-Up on Indonesian Water Shortage

Nickel Industries Ltd. halted the ramp-up of one of its Indonesian processing plants due to water shortages, a sign of how an El-Niño linked drought is hurting output in the world’s top producer.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

More in Finance & Markets

Kenya Forex Reserves Rise to $15.25 Billion After Three-Week Decline

Kenya’s foreign exchange reserves rose by about $370 million to $15.25 billion on September 10, reversing three consecutive weeks of declines, according to the Central Bank of Kenya (CBK).

  • Kenya's foreign exchange reserves increased to $15.25 billion on September 10.
  • This marks a reversal after three weeks of decline.
  • Reserves now cover 6.3 months of imports, above the minimum requirement.

More from Tuesday 15 September →