Security researchers have uncovered a sophisticated industrial espionage campaign that targets business executives in luxury hotels across Asia once they sign on to computers using in-room wireless connections they consider private and secure.
General Motors Co (GM.N) ordered half a million replacement ignition switches almost two months before it alerted federal safety regulators of the issues that prompted a recall of millions of vehicles, the Wall Street Journal reported, citing email exchanges between the automaker and its supplier Delphi Automotive Plc (DLPH.N).
Global regulators on Monday proposed new rules to ensure that bank creditors rather than taxpayers pick up the bill when a big lender collapses.
French state prosecutors are seeking trial for Francois Perol, chairman of France's second-biggest retail bank, BPCE, who had been under judicial investigation to determine if his nomination to head the group in 2009 represented a conflict of interest.
