Currencies

The Mexican peso has hit its lowest level ever against the dollar Wednesday, trading an average of 16.52 on the interbank market, the Bank of Mexico said.

China's tightly controlled currency, the yuan, has slid by an unusually large margin after Beijing altered its exchange rate policy following a slump in trade.

The Canadian dollar dropped to levels not seen in more than a decade as the price of oil and gold both came under pressure.

Swiss biotechnology company Syngenta said Friday that it has rejected a takeover offer from Monsanto Co., a bid that it said greatly undervalued its prospects.

Procter & Gamble and Facebook have nothing in common.

Manufacturing activity in New York shrank in April for the first time in four months, a sign that the strong dollar and sluggish consumer spending may be holding back factories.

The wow factor for Miami's skyscraper condos no longer comes from a dazzling Atlantic Ocean view.

Greece sounded a defiant note Tuesday, with Prime Minister Alexis Tsipras saying his country will not compromise in talks with its European creditors, but that it is working for an "honest and mutually beneficial agreement." Tsipras' comments to his Syriza party lawmakers in parliament came a day after the collapse in negotiations between Greece and the rest of the 19-nation eurozone in Brussels over the new government's attempt to renegotiate its bailout.

Americans hoping to save on European goods thanks to a falling euro shouldn't rush to uncork that bottle of French Bordeaux.

Shares of FXCM are plunging in premarket trading Tuesday as the online foreign exchange trading broker disclosed that its bailout loan from Leucadia National Corp. includes a rising rate for each month that the loan remains open.

One of the world's safest investments — the Swiss franc — has swung wildly this week after the central bank in Switzerland announced it would scrap its policy of limited the rise of the currency.

Stocks had their best day in five weeks on Thursday as the dollar fell against the euro.

The Mexican peso has established a historic low against the dollar for a second consecutive day amid expectations of interest rate hikes in the United States.

The International Monetary Fund said it does not see a weak yen as problematic if Japan's monetary easing is aimed at domestic goals.

Hyundai Motor Co. and its affiliate Kia Motors Corp. are forecasting their weakest growth in car sales in more than a decade as competition intensifies and the global economy slows.

The Russian currency has ended its five-day rally and declined 4 percent as the markets remain jittery over the outlook of the Russian economy.

Despite a rate increase to 17%, the Russian currency hit record lows amid a perfect storm of low oil prices, looming recession, and Western Ukraine sanctions.

JPMorgan Chase says the Justice Department has opened a criminal investigation into its foreign exchange business.

Nestle, the world's biggest food and drink company, has reported a 3 percent drop in group sales for the first nine months of the year, impacted by weakness in currencies against the Swiss franc and other costs.

The British pound slipped sharply after an opinion poll showed that those advocating Scottish independence from the United Kingdom have gained ground, a little more than two weeks before the vote.