Bloomberg France experienced its driest July on record as searing heat spread across Europe, putting strain in key crops. The average precipitation across the country was 8.1 millimeters, making it the driest month since March 1961, forecaster Meteo France said on its website. Rainfall in Brittany, Auvergne and Corsica was at least 95% below the norm. The scorching temperatures and ...

  Bloomberg Relentless heatwaves blasting Spain this summer threaten to sink production of olive oil from the world’s top exporter of the cooking ingredient, according to Agriculture Minister Luis Planas. If there is no temperature relief or rains in the coming weeks, this year’s olive harvest could be notably lower than previous ones,” said Planas in an interview, declining to ...

  Bloomberg Oracle Corp cut jobs in marketing and the US customer experience division, signalling a pullback in customer analytics and advertising services. Some workers were told that their positions had been eliminated. Junior sales employees as well as a division sales director were among those let go, according to one former worker who lost their job and asked not ...