STOCKHOLM, Aug 22 (Reuters) - World number two truck maker Volvo (VOLVb.ST) (VOLVb.ST) said on Friday it had finalised a deal with Eicher Motors (EICH.BO) to set up a new joint venture company in India. Volvo said in a statement that the 50 percent stake in the venture was consolidated in the group as of Aug. 1.
(Reporting by Stockholm newsroom)
(Reuters) - The U.S. housing regulator has approved pay packages for the chief executives of mortgage finance companies Fannie Mae and Freddie Mac in the range of $4 million to $6 million, the Wall Street Journal said, citing people familiar with the matter.
Party-line Senate vote passes bill that would extend health coverage to tens of millions of uninsured Americans, but it's not law yet. Full Article
It might not shake up the industry just yet, but China's interest in Volvo and Saab is the start of something big in global autos. Commentary | Video
Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.
NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.
