Peugeot to Cut Additional 1,500 Jobs as Sales Fall

PSA Peugeot Citroen, Europe’s second-largest carmaker, will eliminate an additional 1,500 jobs by 2014, deepening its workforce reduction as auto sales in the region plunge to a 17-year low.
Battle for No. 10 Kicks Off Today
05:34 - Campaigning for the U.K. general election officially kicks off today. Prime Minister David Cameron is expected to visit the Queen to dissolve parliament. Bloomberg’s Anna Edwards reports on “Countdown.” (Source: Bloomberg)
  • One Minute Brief: U.K. Election, Iran Talks, Greece
  • Zhou's Room to Act Statement `Very Important,' Do Says
  • Europe Isn’t In a Strong Position to Let Greece Go: Do