Peugeot to Cut 1,500 Jobs as Europe Sales Plunge

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.

Neuberger Berman's Aka: U.S. Dollar to Strengthen
08:41 - Jahangir Aka, managing director MEA at Neuberger Berman, discusses the stronger U.S. dollar, the Saudi Arabia bond sale and the search for yield in emerging markets. He speaks to Tracy Alloway on "Bloomberg Markets: Middle East." (Source: Bloomberg)
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