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.
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ConocoPhillips CEO Says Cenovus Deal Great for Company
48:27 - ConocoPhillips CEO Ryan Lance discusses oil prices and Cenovus’ acquisition of ConocoPhillips’s 50% interest in the FCCL Partnership, their oil sands JV. He speaks with Alix Steel on “Bloomberg Markets.” (Source: Bloomberg)