Bloomberg The main union at South32 Ltd.’s Cerro Matoso mine in Colombia, the world’s second-biggest source of ferro-nickel production, said there’s a greater chance of reaching a three-year wage agreement and avoiding a strike after management sweetened its offer. Cerro Matoso is offering workers a 7 percent raise this year, plus inflation-linked increases in 2017 and 2018. The proposal is ...

  Bloomberg Canada’s jobless rate unexpectedly fell in June to the lowest in a year as full-time work increased and people left the workforce. The unemployment rate fell to 6.9 percent in May from 7.1 percent in April, Statistics Canada said from Ottawa. Economists surveyed by Bloomberg predicted the rate would rise to 7.2 percent. Employers added 60,500 full-time jobs, ...

  Bloomberg The FBI let the Orlando mass-shooting suspect slip through its grasp despite interviewing him twice since 2013 due to a lack of evidence to hold him, a troubling fact that will pressure officials struggling to detect lone terrorists without eroding basic civil liberties. The FBI is investigating Sunday’s killing spree at a nightclub in Orlando, Florida, as an ...

  Washington / AFP The head of a prominent US Muslim advocacy group strongly condemned the nightclub massacre in Florida, calling members of the IS group an “aberration” amid allegations the gunman was inspired by the extremists. Nihad Awad, executive director of the Council on American-Islamic Relations, also called for unity and urged politicians not to “exploit” the slaughter in ...

  Bloomberg White House hopeful Donald Trump appeared bent on exploiting massacre in Orlando to boost the argument that he can be trusted to tackle terrorism over rival Hillary Clinton. With many victims of the carnage yet to be identified, and police still probing the suspected extremist’s ties of the slain gunman, Trump wasted no time in harnessing the assault ...

  Bloomberg Prime Minister David Cameron turned to his traditional rivals in the opposition Labour Party to win over undecided voters with just 10 days to stop Britain from voting to leave the European Union. Gordon Brown, who was ousted by Cameron in 2010, was to make the case to stay in the 28-nation bloc, and other media interventions have ...

  Puebla / AFP Two people were killed and at least six others seriously wounded in Mexico when armed men opened fire on players and spectators at an amateur baseball game, authorities said. The attorney general’s office in the state of Puebla said the attack occurred on Sunday in the town of Acatzingo, 170 kilometers (105 miles) from Mexico City. ...

  Bloomberg If Thomas Jordan finds himself in the midst of a foreign-exchange tsunami this month, it won’t be of his own making. In January 2015, the Swiss National Bank shook markets when it gave up its cap on the franc. Now central bankers the world over are casting a nervous eye toward London amid fear the UK’s departure from ...

  Emirates Business China’s central bank will keep in close communication with the International Monetary Fund on key topics centered around the global and Chinese economies, according to People’s Bank of China Governor Zhou Xiaochuan. Zhou made the remarks in a meeting with IMF Deputy Managing Director David Lipton in Beijing, according to a statement released on the central bank’s ...

    BLOOMBERG Qatar National Bank SAQ, the country’s biggest bank, raised 10 billion riyals (US$2.75 billion) from capital-boosting perpetual notes in the single largest such issue in the Middle East and North Africa. The privately placed Tier I notes will help strengthen the group’s capital adequacy ratios and support growth across the group, the Doha-based lender said in an ...