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.

Shakeup: Samsung Replaces Mobile-Unit Chief
15:38 - Samsung replaced the executive overseeing its mobile-phone business as the company tries to protect a dwindling sales lead against Apple and Chinese makers. Bloomberg's Jungah Lee reports on "Trending Business." (Source: Bloomberg)
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