Thursday, 08 October 2026 · Europe
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EUROPES The European Report
European Edition Thursday, 08 October 2026
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Economy & Money

Economy & Money

European economy, markets, the euro, ECB, inflation and business.

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Chipotle takes Tex-Mex to Mexico in test for global expansion

The US fast-casual chain is opening its first Mexican branch this week, a high-risk move that will test whether Americanised ethnic food can succeed in its country of ori

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Stranded £40m Dover terminal threatens EU summer travel

A £40m border facility built to process new EU biometric checks sits unused at Dover, risking severe summer congestion at Europe’s

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IBM loses quarter of value as AI hardware rush diverts corporate budgets

IBM’s shares lost a quarter of their value after a profit warning showed corporations are diverting software budgets to secure AI

Buffett cuts Gates from $6bn donation, accelerates $140bn plan

£5.5m fake kit raid highlights scale of Europe's counterfeit trade

$50.1m T-Rex sale highlights fossil market boom, European academics warn

Cincinnati rail sale creates $1.9bn fund but blocks housing fix

Bank of England warns of AI bubble as UK loosens capital rules to spur tech lending

De Beers halts South African mine as diamond prices plunge

US inflation eases to 3.5% as oil spike stalls Fed rate cuts

US inflation eases to 3.5% on brief Iran truce, but oil prices surge again

UK wasted £9.9bn on Covid PPE, inquiry finds

Energy spike from Iran strikes revives European rate hike bets

Chinese car exports top 1m as VW plans up to 100,000 job cuts

Ofwat orders South East Water shareholders to fund £30.5m redress

UK regulator fines South East Water £30.5m for supply failures

Campaigners urge London to adopt city-wide right to grow food on public land

UK's strict beer rules block investment in no-lo boom

US Commerce Secretary Lutnick caught in undisclosed Epstein ties

Bali tourism expansion drains aquifers and triggers severe water crisis

US Mexican food chain Chipotle to open first restaurant in Mexico

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