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.
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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)