Peugeot Writesdown $5.53B as Asset Values Plummet
Feb. 8 (Bloomberg) -- Bloomberg's Ryan Chilcote reports that PSA Peugeot Citroen took second-half writedowns of 4.13 billion euros ($5.53 billion) due to Europe’s plummeting auto market. He speaks on Bloomberg Television's "Countdown."
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19:24 - Jane Foley, senior FX strategist at Rabobank, looks at what’s behind the recent rally of the U.S. dollar, with a focus on the euro-dollar trade. She speaks on "Bloomberg Daybreak: Americas." (Source: Bloomberg)