Agustin Carstens: said last month the peso was undervalued.

Mexican peso buoyed by Clinton showing

The currency, which is used by traders to hedge against global risks, has reflected investor anxieties before this year's US election.

Getting ready for Matthew.A four bottle limit sign is displayed as a worker restocks crates of purified water at a ...

US southeast battens down as Matthew nears

States of emergency were in effect on Thursday in Florida, Georgia, North Carolina and South Carolina and residents scrambled to prepare for the storm.

Gas flares from a floating production and storage   vessel  during exploration operations off the coast of  Brazil. ...

Brazil opens oil fields to foreigners

In a big change to Brazil's offshore oil industry regulations, companies other than Petrobras can now operate blocks in the largest deep-water deposits discovered this century.

Just as his new iron ore hub nears completion, Vale CEO Murilo Ferreira finds himself under pressure.

Vale's CEO in the sights of angry politicians

Building the world's next major iron ore hub has Vale SA investors applauding the prospect of higher earnings - and a group of scorned politicians plotting to oust the CEO.