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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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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Greece wildfire in pictures: Firefighters battle blaze worsened by 100km per hour winds

Greece wildfire in pictures: Firefighters battle blaze worsened by 100km per hour winds

Firefighters and Hellenic Civil Protection personnel battle advancing flames during a wildfire near Agios Nektarios in Western Attica, Greece, as firefighting operations continue under difficult conditions. Nick Paleologos | Afp | Getty Images Greece is entering its second week of wildfires spread by extreme winds as more countries in Southern Europe battle with heatwaves. The…

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Trump lashes out at Pirro after she moves to drop Reflecting Pool vandalism case, saying 'flawed installation' to blame

Trump lashes out at Pirro after she moves to drop Reflecting Pool vandalism case, saying 'flawed installation' to blame

President Donald Trump on Saturday blasted his own Justice Department’s decision to blame a poor contractor installation, and not vandalism, for causing the lining to peel on the newly renovated Lincoln Memorial Reflecting Pool in Washington, D.C. U.S. Attorney for the District of Columbia Jeanine Pirro on Friday moved to dismiss an indictment charging U.S….

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Trump Media's new paid data service goes live, giving clients faster access to Trump’s posts

Trump Media's new paid data service goes live, giving clients faster access to Trump’s posts

Cheng Xin | Getty Images News | Getty Images Trump Media and Technology Group‘s new paid data service launched on Aug. 1, providing faster access to Truth Social posts from President Donald Trump and other top accounts on the platform. “Truth API,” the new application programming interface, is designed to give firms “a direct, licensed,…

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