Bloomberg Rockhopper Exploration Plc confirmed potential oil resources in a discovery in the Falklands basin, sending its shares higher. An independent audit showed that the best estimate of contingent resources — also known as 2C resources — at the Sea Lion complex came in at 517 million barrels, of which London-based Rockhopper’s share is 258 million barrels, it said ...

  Bloomberg Hillary Clinton’s call to raise the minimum wage for disabled Americans who earn pennies per hour has families and caregivers fiercely debating whether the real benefit of the jobs comes from pay or an intangible sense of self-worth. The lower pay, permitted by a policy in place since 1938, has been scrapped for federally contracted employees, and Clinton ...

  Bloomberg A new fund to stabilize the price that coffee farmers in Colombia receive for their beans may be announced as soon as next month and start operating in 2017, potentially protecting farmers and allowing them to produce profitably at lower international prices. The fund is intended to moderate sharp price drops in the world’s largest producer of mild ...

  Bloomberg Gerdau SA fell the most among peers after police indicted more than a dozen people, including its chief executive officer, for their alleged involvement in a tax evasion scandal linked to Brazil’s No. 2 steelmaker. Shares in Gerdau fell 7.1 percent in Sao Paulo, the steepest loss among 82 members of the Bloomberg World Iron Steel Index, which ...

  Bloomberg Altos Hornos de Mexico SA, the steelmaker known as Ahmsa, is exiting the bankruptcy process in Mexico after 17 years of court protection. A Mexican judge ordered the company’s suspension-of-payments proceedings to be lifted and approved a plan for creditors, effective immediately, the company said in a statement Monday. The court-approved exit calls for Ahmsa to repay $1.7 ...

  Vienna / AFP Senior envoys from world and regional powers gathered once again in Vienna on Tuesday in an effort to salvage stumbling efforts to halt Syria’s civil war. US Secretary of State John Kerry and Russia’s Foreign Minister Sergei Lavrov—diplomacy’s odd couple, at loggerheads over much else in the world—are chairing the meeting, which began shortly after 0700 GMT. ...

  SYDNEY / AP A teenager was arrested on Tuesday after Australian police alleged he had been planning to launch a terrorist attack in Sydney. The 18-year-old was expected to be charged with planning a terrorist attack, the Australian Federal Police said. They said another charge — preparing to enter a foreign country to engage in hostile activities — was ...

  Kathmandu / AFP Nepal on Tuesday released a British tourist arrested for allegedly joining a protest against the country’s new constitution, days after a Canadian’s visa was revoked over his political tweets. Hundreds of demonstrators from ethnic minorities have been protesting in Kathmandu since Sunday, calling for changes to the divisive new charter which they say leaves them politically ...

  BAGHDAD / AP A car bomb ripped through an outdoor market in a Shiite-dominated Baghdad neighborhood on Tuesday, killing at least 39 people, officials said, the latest in a wave of deadly militant attacks far from the front lines in the country’s north and west where Iraqi forces are battling the IS group. No one immediately claimed responsibility for ...

  Ankara / AP The Turkish parliament on Tuesday began debating a hugely controversial bill that would strip dozens of deputies of their parliamentary immunity and which pro-Kurdish deputies say is directly aimed at driving them out of the legislature. The debates, which could prove fiery, are to begin at around midday GMT in the main chamber, with a final vote ...