Renault Sells Volvo Holding for $1.92 Billion

Renault SA, which is losing sales faster than any other European carmaker, sold its remaining Volvo AB stake for 12.8 billion kronor ($1.92 billion) to boost funding, ending an 11-year run as the Swedish truckmaker’s largest owner.
Dollar-Euro Trade Feels Influence of Rate Expectations
59:03 - In today's "Single Best Chart," Bloomberg's Brendan Greeley displays how the euro and U.S. dollar have begun moving in step with interest rate expectations. He speaks on "Bloomberg Surveillance." (Source: Bloomberg)
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