Bloomberg Exxon Mobil Corp. is doubling down on Papua New Guinea, topping a rival offer for InterOil Corp., a gas explorer focused on the Southeast Asian nation. The energy giant’s offer values InterOil at $2.5 billion, including debt, beating an earlier bid from Oil Search Ltd. and Total SA. Exxon already runs Papua New Guinea’s only liquefied natural gas …

  Bloomberg Gold is in a major bull market and may surge to more than $1,500 an ounce as low interest rates buoy demand and the U.S. presidential election looms, according to DBS Group Holdings Ltd., which foresaw this year’s rally and is now advising investors to buy any declines. “Gold has seen four major bull markets since 1970: this …

  San Antonio del Táchira / AFP Tens of thousands of Venezuelans again streamed into the Colombian city of Cucuta, taking advantage of the temporary reopening of a long-closed border to buy food and medicine due to shortages at home. Border crossings over two international bridges were opened in the early morning hours without restrictions, although identity cards were checked. …