Banks in the European Union will be forced to reduce the paperwork for customers who want to switch to another lender, and to give clear information on account fees, as part of a package of measures to bolster competition.
The Pentagon predicts that as many as 1,000 defense contractors may join a voluntary effort to share classified information on cyber threats under an expansion of a first-ever initiative to protect computer networks.
Juniper Networks Inc., the No. 2 maker of networking gear, dropped the most in five months after a Goldman Sachs Group Inc. analyst downgraded the stock, citing competition from Cisco Systems Inc. and Alcatel-Lucent.
Venezuelan Vice President Elias Jaua presented a proposal to the National Assembly today to regulate internet service providers and electronic media, opposition lawmaker Juan Jose Molina said in a phone interview.