Amazon web services start to recover after major outage

Amazon Web Services (AWS) says it found significant errors in its Domain Name System, or DNS, which translates website names to IP addresses so browsers and apps can load on internet-connected devices. No evidence of foul play has been reported and the company says the DNS issue has been “fully mitigated”, amid reports of a resurgence in issues. Also in the segment, Gucci owner Kering is selling its beauty unit to L’Oreal only two years after launching it, as the group aims to reduce debt.