European heatwave

Wall Street bankers are set to receive a $140 million payout from the SK Hynix listing. The article also mentions EU-China trade tensions and a European heatwave impacting Uniqlo's sales growth.

A European heatwave has slowed sales growth for clothing retailer Uniqlo, with some stores temporarily closing due to extreme weather conditions.

Italian rice crops in Pavia province are suffering due to a severe drought and what is considered the worst European heatwave in June. Sharon Angoli and her father, Carlo, report that their parched paddies are unlikely to recover even with summer rains.

Chinese air-conditioning manufacturers and e-commerce platforms are benefiting from Europe's heatwaves, with significant sales increases in countries like Germany, Italy, and France. Exports of portable air conditioners to Western Europe surged 70% in the first five months of 2026, and Chinese companies are prominent at a Munich solar and energy storage exhibition despite European efforts to reduce reliance on Chinese clean-energy hardware.

A European heatwave has caused 1,000 excess deaths in France, with AFP estimating that 191 million people in Europe will experience temperatures of at least 35C.

France recorded 1,000 excess deaths during a record-breaking European heat wave that has caused dozens of fatalities, shattered records, disrupted power generation, and damaged infrastructure.

Germany is experiencing record temperatures as part of a deadly European heatwave moving east. Authorities urge water conservation, and thunderstorms are expected to follow on Sunday.

A study confirms the current European heatwave is the most severe and widespread ever recorded, driven by the climate crisis from fossil fuel burning. Nearly half of Europe's 850 largest cities are experiencing their worst heat stress, exacerbated by high humidity that reduces the body's ability to cool through sweating.