Peugeot Wins Approval for 7 Billion-Euro Guarantee

July 31 (Bloomberg) -- PSA Peugeot Citroen won European Union approval for the French government to guarantee 7 billion euros ($9.28 billion) in bonds for its banking unit. Ryan Chilcote reports on Bloomberg Television's "Countdown." (Source: Bloomberg)

Are China's Banks Heading for Disaster?
22:11 - There is a warning today that China is headed for an unprecedented financial meltdown. That is the dire forecast from the hedge fund manager who correctly called the sub-prime crisis in the U.S. Bloomberg's Stephen Engle reports on "First Up." (Source: Bloomberg)
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