News Headlines - 12 July 2012

▽Peugeot cuts 8,000 jobs to end losses, shuts plant | Reuters

French automaker PSA Peugeot Citroen announced 8,000 job cuts and the closure of an assembly plant as it struggles with mounting losses, in a move that could hasten a wave of restructuring in western Europe.

▽BBC News - Olympics Security not compromised, Theresa May says

Olympics security will not be compromised after it emerged that 3,500 extra troops would be needed, Home Secretary Theresa May has said.

▽Japanese ad giant Dentsu enters Europe with Aegis | Reuters

Japanese ad giant Dentsu is buying marketing group Aegis for 3.2 billion pounds ($5 billion), the biggest deal in its history as it seeks to expand outside its home market with the British firm's European and digital business.

▽Five Britons missing in killer Mont Blanc avalanche - The Independent

Five Britons are among a number of mountaineers missing following an avalanche in the Alps which killed at least six climbers, according to reports.

▽Nasa scientists discover fifth moon orbiting Pluto - Telegraph

Nasa scientists in the United States have found a fifth moon orbiting faraway Pluto using the Hubble telescope, the space-agency said on Wednesday.