Volvo's $1B Innovation to Unlock China

Nov. 13 (Bloomberg) –- A Chinese investment firm bought Volvo from Ford back in 2010, and has invested several billion dollars in revitalizing the brand. Over $1 billion has been spent on a new family of engines, the first built without help from Ford in many many years. Bloomberg's Willem Marx reports on one refurbished powertrain plant in central Sweden where the new engine has been getting ready to hit the production line. (Source: Bloomberg)
Fed Rate Hike: Is a Further Delay Positive for Asia?
16:55 - Moh Siong Sim, executive director and FX strategist at Bank of Singapore, discusses the World Bank cutting Asia's growth forecasts, a delayed hike in U.S. interest rates and its impact on Asia. He speaks to Bloomberg's Rishaad Salamat on "Trending Business." (Source: Bloomberg)
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