MEXICO

Oil fell more than a dollar on Tuesday, as profit-taking pulled the market down from record highs that were fuelled by a Mexican supply shut-down and a weak dollar.

Crude oil prices dropped below $93 a barrel on Tuesday, after hitting record highs a day earlier on concerns of production reductions in Mexico and record lows for the dollar.

Oil jumped to a record high near $94 a barrel on Monday as stormy weather disrupted supplies from giant exporter Mexico and the dollar wallowed near record lows.

Gold rallied to its highest level in 28 years on Monday and targeted $800 an ounce as oil surged to a record peak and the dollar tumbled on speculation over a U.S. interest rate cut.

Oil leapt to a record high for a third day on Monday, surpassing $93 as investors bet on another U.S. interest rate cut this week, the dollar struck new lows and Mexico briefly halted one-fifth of its oil production.

Oil leapt to a record high for a third day on Monday, surpassing $93 as Mexico briefly halted one-fifth of its production and the U.S. dollar struck new lows. Oil prices have soared by more than a third since mid-August as a stand-off between Turkey and Kurdish rebels, dollar weakness, easing interest rates and winter supply fears attracted a fresh wave of investment capital.

Mexico's state-owned oil company Pemex was shutting down about one-fifth of its daily output on Sunday due to bad weather, but said it expects to quickly resume output within days.

Nissan Motor Co posted a surprise gain of 12 percent in quarterly operating profit on Friday as a pickup in its global car sales outweighed rising commodity prices, and it kept its full-year forecasts unchanged.

Wal-mart, the world's largest retailer is considering concentrating more on its international stores as well as opening up more stores in other countries for its business growth.

The Ministry of Finance (MOF) in Japan announced on Wednesday that Japanese exports to the U.S. dropped 9.2 percent to 1.42 trillion yen in September, showing the first decline in five months.

Western Union Co, the world's largest payment transfer company, posted a 16 percent decline in third-quarter earnings on Tuesday, hurt by expenses linked to the buyout of its former parent.

Sharp Corp announced on Monday that it’s April-September period operating profit would fall 12.4 percent to 79 billion yen because of higher business costs and accounting changes.

Green -- not greed -- is good these days, especially if you're rich and want to be seen to care. Some clients are increasingly seeking environmentally friendly investments and ways to minimize their impact on the environment, their private bankers said at the Reuters Wealth Management Summit in Geneva.

Mexican President Felipe Calderon criticized the planned U.S. border fence designed to stem illegal immigration, saying countries should be "building bridges, not fences" in an interview broadcast on Monday.

Several people were killed in a gunbattle between soldiers and suspected drug smugglers in northern Mexico on Friday,

Wal-Mart has finalized preparations for opening its own bank in Mexico, according to latest reports, with branches in the region to be called Banco Walmart de Mexico Adelante.

Pepsi Bottling Group Inc reported better-than-expected quarterly profit on Tuesday due to higher prices and continued cost savings, and raised its full-year outlook, sending its shares up more than 4 percent to an all-time high.

China, which makes 70 percent of the world's lightbulbs, has agreed to phase out incandescent bulbs in favor of more energy-efficient ones, part of a push by a leading world environmental funding agency.

Japan's Hitachi Ltd is mulling options for its ailing hard disk drive business including bringing in a strategic investor to turn the business around, sources close to the matter said.

Negotiators for the United Auto Workers union and General Motors Corp have resumed bargaining on Tuesday while more than 73,000 factory workers participated in the second day of the first national strike against the automaker in more than 30 years.

Incredible India@60, a four-day celebration commemorating the 60th anniversary of Independence of the world's largest democracy, kicked off in New York, US, Sunday, September 23.