Global bond yields rising: Treasuries, JGB, Bunds

Traders work at the New York Stock Exchange on Aug. 25, 2026. NYSE The global bond rout is raising borrowing costs across the economy and forcing governments, companies and consumers to confront the possibility that expensive debt is here to stay. Global bond yields have been climbing to multiyear highs, with Germany’s 10-year yield reaching…

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Extreme heat spurs earliest-ever Champagne harvest

Harvesters pick grapes in vineyards during the 2025 Champagne harvest in Hauvillers, north-eastern France on August 28, 2025. Francois Nascimbeni | Afp | Getty Images Sweltering summer temperatures look set to spur the earliest Champagne harvest on record and potentially one of the most challenging. The French region’s winemakers face lower crop yields, weaker consumer…

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Total solar eclipse crosses Europe

A total solar eclipse crossed parts of Europe on Wednesday, drawing millions of spectators to watch the once-in-a-generation spectacle. Parts of Greenland, northern Spain, and Iceland saw a total solar eclipse, while other parts of Europe, including the U.K. and France, saw a partial eclipse. During the eclipse, the Moon passed between the Earth and…

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Trump pressure and what comes next

The ExxonMobil and Chevron company logos are displayed on the floor of the New York Stock Exchange during morning trading on July 24, 2026 in New York City. Michael M. Santiago | Getty Images Big Oil enjoyed a blockbuster profit windfall in the second quarter. A key question now is whether the industry will use…

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How costly wildfires are exposing Europe’s insurance gap

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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How Europe is preparing for extreme heat

On the Eurostar platform at St Pancras International station in London, Great Britain, on 1 November 2025. Stephane Mouchmouche | Afp | Getty Images Gripped by drought, raging wildfires and a summer of weather extremes, countries across Europe are scrambling to address the widely underestimated climate challenge of extreme heat. Supercharged by the climate crisis,…

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fire cloud ravaging France, Spain regions

A forest fire rages in Saint-Jean-d’Illac, some 30km from Bordeaux, on July 26, 2026. Romain Perrocheau | Afp | Getty Images A monster wildfire engulfing parts of France’s Bordeaux region has claimed hundreds and thousands of acres of land and forced one of the largest evacuations in the country. The fire began in the Southwest…

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