News stops: Peugeot gets state backing

A LOOK over some of the news headlines from France.

France offers Peugeot state rescue
French car maker PSA Peugeot Citroen says the government is offering it up to 7 billion euro (£5.6 billion) in financial guarantees, as the ailing car maker announced a new slump in sales.

Tobin-style tax gets green light from European commission
Biggest eurozone economies to carry out experiment to show whether financial transactions levy can aid responsible trading.

Eurotunnel says post-Olympics boost to continue into 2013
Passenger and commercial shuttle service traffic was up 16% over summer – offsetting a slight drop in Eurostar numbers.

Too few convictions in France for corruption says OECD
The Organisation for Economic Cooperation and Development said on Tuesday that France was not doing enough to weed out corruption in business.