Wildfire costs are surging — but much of the damage in Europe isn’t insured

Wildfire costs are surging — but much of the damage in Europe isn’t insured

Firefighters conduct works to extinguish wildfires in Agia Paraskevi, West Attica, Greece on August 1, 2026. Anadolu | Anadolu | Getty Images As wildfires, heatwaves, and extreme weather are becoming a permanent feature of European summers, insurers warn that the region faces a growing “protection gap” as disaster recovery costs outpace insurance coverage. A gigantic…

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TeraPlast H1 2026 slides: price gains mask volume decline, Q2 rebounds

TeraPlast H1 2026 slides: price gains mask volume decline, Q2 rebounds

Introduction & Market Context presented mixed first-half 2026 results during its August 6 investor teleconference, revealing a business navigating significant headwinds while executing a geographic expansion strategy. The Romanian building materials manufacturer reported revenue growth of 4% to RON 574 million, but the increase came entirely from pricing power rather than volume strength, as total…

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Hollywood is cranking out billion-dollar movies again. 'Spider-Man' just joined the ranks

Hollywood is cranking out billion-dollar movies again. 'Spider-Man' just joined the ranks

“Toy Story 5,” “The Super Mario Galaxy Movie” and “Spider-Man Brand New Day.” Disney | Universal Pictures | Sony Billion-dollar films are back in Hollywood. The theatrical industry welcomed its fourth billion-dollar film of 2026 this week as Sony and Marvel’s “Spider-Man: Brand New Day” surpassed the coveted benchmark. It joins the three-comma ranks alongside…

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Lucid stock plunges as EV maker begins 'operational reset,' delays midsize vehicle

Lucid stock plunges as EV maker begins 'operational reset,' delays midsize vehicle

The Lucid Gravity is displayed during the 2023 Los Angeles Auto Show at the Los Angeles Convention Center on Nov. 24, 2023. Josh Lefkowitz | Getty Images News | Getty Images Lucid Group missed Wall Street’s second-quarter expectations as the electric vehicle manufacturer conducts an “operational reset” amid leadership changes and cost-cutting efforts. Those plans…

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