Geely to Buy Volvo for $1.8bn
Airtime: Mon. Mar. 29 2010 |
Chinese automaker Geely agreed to buy Ford’s Swedish car brand Volvo for $1.8 billion Monday. Stephen Odell, CEO of Volvo, told CNBC that China is a growth market for Volvo.
Airtime: Mon. Mar. 29 2010 |
Chinese automaker Geely agreed to buy Ford’s Swedish car brand Volvo for $1.8 billion Monday. Stephen Odell, CEO of Volvo, told CNBC that China is a growth market for Volvo.
Ray Attrill, global head of research at Forecast Australia, says the U.S. and China are heading for a new trade war. He speaks to Mark Konyn, CEO of RCM Asia Pacific and CNBC’s Oriel Morrison about the Obama’s Administration’s mounting pressure on Beijing.
The price of gold could push back up to all-time highs, Nicole Elliott from Mizuho Corporate Bank told CNBC Tuesday. Elliott also takes a technical look at short sterling interest rate futures.
Cho-Oon Khong, chief political analyst at Shell International, sees an energy supply squeeze with demand expansion. He speaks to CNBC’s Martin Soong & Sri Jegarajah about the implications of this.
The new banking rules will bring some stability to the financial system, believes Kirby Daley, senior strategist, Newedge Group. He shares his thoughts with Karsten Schroeder, CEO, Amplitude Capital, CNBC’s Martin Soong and Sri Jegarajah.
The European Central Bank left its core interest rate on hold at 1.0% Thursday. Karsten Junius from DekaBank, Brendan Brown from Mitsubishi UFJ Securities International and Neil MacKinnon from VTB Capital discuss the outlook for Europe.
President Barack Obama speaks to the AFL-CIO Executive Council about his administration’s efforts to create jobs and spur the economy.