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.

China Outlook: Long-Term Plays for Investors
18:59 - Xavier Denis, global strategist at Societe Generale Private Banking, discusses, the inclusion of the yuan in the IMF's SDR basket and what it says about China's economic reforms. He speaks to Bloomberg's Angie Lau on "First Up." (Source: Bloomberg)
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