Red-alert heatwaves are becoming Europe's new normal. Investors are paying attention
Bogdan Hofbauer
LONDON — Multiple Western European countries have spent this week grappling with record-smashing heatwaves , with red alerts issued in the U.K., France, Germany, Switzerland and Italy that warn of "a risk to life for even the healthy population." Temperatures soared well above 40 degrees Celsius (104 degrees Fahrenheit) in various regional towns and cities, with "tropical nights" offering little respite from the well-above-average June heat. Old buildings and infrastructure, limited uptake of
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