Street News: Peugeot Job Cuts, Black's `Scream`

July 12 (Bloomberg) -- Bloomberg's Scarlet Fu reports on today's top news including more job cuts announced for Peugeot, Blackstone said to be bidding on ING's Asian insurance business and billionaire Leon Black was the anonymous buyer of "Scream," paying nearly $120 million at an auction in May. She speaks on Bloomberg Television's "Bloomberg Surveillance."
Oil Prices Are Set to Recover: Lundin's Heppenstall
19:06 - "I'm very much of the camp that oil prices will recover," Lundin Petroleum AB Chief Executive Officer Ashley Heppenstall said. "Supply and demand will come more into line," he told Anna Edwards in an interview on Bloomberg Television's "Countdown." He spoke as the Swedish oil producer cut its 2015 output target because of delays at the Edvard Grieg field and issues on the Brynhild field. (Source: Bloomberg)
  • RBI Governor Rajan: India Benefits from Oil’s Fall
  • The Need for a Bad Bank in Greece
  • The Commodity Rout’s Spillover Into the Real Economy