cnbc_topnews
📰 source: cnbc_topnews · 💼 business european insurers are warning about a growing 'protection gap' as wildfires, heatwaves and extreme weather become a permanent feature of the region's summers. a fire in france and spain since july has destroyed over 300,000 acres, and greece saw outbreaks worsened
cnbc_investing
📰 source: cnbc_investing · 💼 business rheinmetall trimmed its 2026 guidance on thursday after germany cancelled the f126 warship program earlier this year. the defense company now sees full-year sales of 13.7-14.2 billion euros, 300 million lower than before. first-half sales grew 39% and profits 74%, with revenue at 5.
cnbc_topnews
📰 source: cnbc_topnews · 💼 business europe's extreme drought is forcing desperate measures. romania shut down its sole working nuclear reactor, cooled by the danube, for the first time. the navy blew up rocks in underwater detonations to divert water to the cernavoda plant. low water also threatens hungary'
theguardian_business
📰 source: theguardian_business · 💼 business olive oil prices are set to rise again as european crops wilt under extreme heat, drought and wildfires. french vegetable growers warn of halved production for some crops like salad leaves, carrots and onions, while champagne expects its earliest-ever harvest around 15 august with yields 10%
cnbc_topnews
📰 source: cnbc_topnews · 💼 business greece is in its second week of wildfires, with firefighters battling blazes worsened by winds up to 100km per hour. the extreme conditions are spreading beyond greece, as more countries in southern europe face intensifying climate change-driven fire risk. no casualty numbers or containment figures are
cnbc_topnews
📰 source: cnbc_topnews · 💼 business the eu gained new enforcement powers under its ai act on sunday, letting the commission inspect models, restrict market access, and fine providers up to 15 million euros or 3% of annual turnover. the rules apply to any general-purpose ai model sold in the eu, regardless
abc_business
📰 source: abc_business · 💼 business dry, hot summers are putting dutch dikes at risk and threatening german river trade. the current european heat wave has brought drought and sparked devastating wildfires in france, spain, portugal, crete and elsewhere. the netherlands relies on its dikes to hold back the sea and rivers,
theguardian_business
📰 source: theguardian_business · 📚 research trump is using forced labour as a pretext for new tariffs, stiglitz writes, and the world should call his bluff. the administration's tariffs track trade deficits, not actual labour abuse, and china - a major suspected source - largely gets a pass because it
cnbc_topnews
📰 source: cnbc_topnews · 💼 business ukraine is bracing for what officials and experts call its toughest test since russia's full-scale invasion: a winter assault on energy infrastructure. president zelenskyy has stressed since april that energy and infrastructure must be fully operational and protected for the heating season. last month
theguardian_business
📰 source: theguardian_business · 📚 research a new tax justice network report says governments can capture an extra $500bn a year without raising corporate tax rates, by taxing multinational profits where real activity happens instead of where they book them. un talks on a fiscal framework convention open in new york on
theguardian_business
📰 source: theguardian_business · 💼 business puy du fou, the french theme park company, is expected to win planning approval within days for a £600m park in rural oxfordshire, set to open in 2029 with re-enactments, mock castles and hotels. but a guardian investigation reveals the firm's past partnership with
theguardian_business
📰 source: theguardian_business · 💼 business baking temperatures and drought across central and eastern europe have driven water levels on the danube and rhine to record lows, hitting shipping, energy production and tourism. for the first time in their history, hungary and romania shut down atomic reactors normally cooled by the danube.