Capital One Financial Corp. said data from about 100 million people in the US was illegally accessed after prosecutors accused a Seattle woman identified by Amazon.com Inc. as one of its former cloud service employees of breaking into the bank’s server.
US President Donald Trump said he plans to nominate a loyalist, Representative John Ratcliffe, as Director of National Intelligence, replacing Dan Coats, who he said would depart the office on August 15.
Indian billionaire Mukesh Ambani’s Reliance Industries Ltd’s talks to sell a minority stake in its refinery business to Saudi Arabian Oil Co have stalled on differences over the deal’s structure, people with knowledge of the matter said.
After a profit warning last week from German manufacturer Daimler AG, Europe's industry body reported a 7.9% year-on-year drop in sales for June. That's the biggest decline this year, and the ninth in the last 10 months.
India may spin off units of Coal India Ltd., the world’s largest coal miner, into separate listed companies to boost competition and raise government funds, according to people with knowledge of the matter.