Peugeot Gets French Government Backing

PSA Peugeot Citroen won 7 billion euros ($9 billion) in French government guarantees to shore up its ailing finance arm after predicting the carmaker’s debt is set to rise 20 percent more than previously expected.

Defaults Threaten China's Wealth Management Market
27:24 - Analysts are increasingly concerned about the rising risk of a default chain reaction in China. Bloomberg's Stephen Engle reports on "First Up." (Source: Bloomberg)
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