French aerospace and defence leader
Wildfires larger than four times Paris have driven 220,000 people from their homes and hit tourist hubs across Bordeaux. Local leaders warn the fires threaten a fragile economy already squeezed by energy costs, inflation, and geopolitical tensions, with tourism and wine sectors facing a downturn.
Rheinmetall has revised its revenue guidance for 2026 to as low as €13.7 billion, down from €14.0 billion, while maintaining its operating margin. The company reports a 39% rise in first-half sales and a 74% jump in profits, with new naval division contributing to growth; investors weigh valuations amid strong orders and potential shifts in government spending.