International stocks trading in New York closed lower on Tuesday.

The BNY Mellon index of American depositary receipts edged down 0.43% to 149.90. The European index eased 0.38% to 147.31; the Asian index dropped 0.14% to 158.77; the Latin American index dropped 1.7% to 228.18; and the emerging markets index declined 0.35% to 273.49. Vodafone Group PLC (VOD, VODPF, VOD.LN) was among the companies with ADRs that traded actively.

Vodafone reported quarterly revenue growth for the first time in nearly three years, hailing a steady recovery in its key European markets. The U.K.-based mobile telecom giant said that excluding certain items such as handset sales, acquisitions, disposals and currency impacts, revenue ticked up 0.1% during period ended March 31. However, analysts said that while Vodafone's comments on Europe were welcome, overhaul costs were hitting the company's profit. ADRs fell 31 cents to $36.20.

The Brazilian unit of Spanish bank Banco Santander SA (SAN, SAN.MC) will study the possible acquisition of HSBC Holding PLC's (HSBC, HSBA.LN, 0005.HK) assets in the South American country. "We can't speak for HSBC Brazil, but there's a very initial process for the sale of the bank [in Brazil] that we're going to analyze," said Jesus Zabalza, chief executive of Banco Santander (Brasil) SA (BSBR, SANB3.BR, SANB4.BR, SANB11.BR). The Santander unit's ADRs fell 1.6% to $5.63. HSBC fell 1.2% to $47.85.

Several executives in the hedge-fund financing unit of Barclays PLC (BCS, BARC.LN) are leaving to join other firms, the latest sign of churn in global prime-brokerage ranks as banks realign their businesses under new regulatory constraints. ADRs fell six cents to $16.30.

Itau Unibanco Holding SA (ITUB, ITUB3.BR, ITUB4.BR) became the second Brazilian player to tap the international debt market this year but the first to tap the dollar denominated bond market, paving the way for other local players. The bank raised $1 billion from a three-year denominated bond, paying an annual yield of 2.85%, The Wall Street Journal reported. ADRs fell 1.6% to $12.18.

Orange SA (ORAN, ORA.FR) received European Union approval for its 3.4 billion euro ($3.87 billion) acquisition of Spanish broadband and cellphone operator Jazztel PLC after agreeing to a package of divestments and network-sharing agreements that would help launch a new telecoms operator in Spain. Orange ADRs fell 1.1% to $16.49.

A Brazilian federal court said late Monday that it accepted charges filed last week by prosecutors against four former members of congress and nine other people for alleged crimes related to corruption at state-owned oil giant Petroleo Brasileiro SA (PBR, PETR3.BR, PETR4.BR), or Petrobras. The court's acceptance allows the cases to move forward. Petrobras ADRs fell 6.2% to $9.09.

A $5.4 billion expansion of one of Rio Tinto PLC's (RIO, RIO.LN, RIO.AU) biggest mining projects looks set to go ahead, after the Anglo-Australian company reached a deal with the Mongolian government that ends two years of tense negotiations. Rio Tinto described the accord as a significant step forward for the Oyu Tolgoi project. Oyu Tolgoi is mostly owned by Turquoise Hill Resources Ltd., which in turn is controlled by Rio Tinto. ADRs fell 3.1% to $44.25.

Royal Dutch Shell PLC (RDSA, RDSA.LN) remains optimistic about the future of oil prices, despite the dramatic slump in recent months, senior executives said at the oil giant's annual meeting in The Hague. ADRs fell 1.5% to $61.25.

Brazilian mining giant Vale SA (VALE, VALE3.BR, VALE5.BR, VALE5.FR) signed a number of deals with Chinese banks and shipping companies during an official visit by the Asian country's prime minister. In the largest deal, Vale signed a preliminary deal with the Industrial and Commercial Bank of China, or ICBC, for as much as $4 billion in syndicated loans, bilateral loans, export credit, trade finance and other potential financing arrangements. Vale ADRs fell 1.1% to $6.61.

Write to Tess Stynes at tess.stynes@wsj.com

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