Business
The Dollar Is the Cleanest Shirt in the Laundry. Europe Is Paying for It
London, 8 October 2026 — EBM Newsdesk Analysis — By Amr Shabana The euro is trading below $1.12 this morning, close to the 17-month low of $1.1160 it hit on…
Business
Le Chonk and Kolibri: Europe’s Answer to OpenAI, Built in Europe on Nvidia Chips
London, 8 October 2026 — EBM Newsdesk Analysis — By Katie Winearls In one week, Europe’s two main AI model developers have both released their most ambitious work yet. On…
Business
Spain’s €33bn Hydrogen Dream Has a Problem: Nobody Has Signed Up to Buy It
Madrid, 8 October 2026 — EBM Newsdesk Analysis — By Anthony Gill Pedro Sánchez calls green hydrogen “a true national project”. In Huelva, on Spain’s south-west coast, the first large…
Business
Xsolla’s Chris Hewish: Games Studios Are Cutting Out the App Stores as Direct Sales Pass $1bn on PC
For more than a decade, the route to market for most video games was simple: sell through the app stores and PC storefronts, hand over a large cut and never…
Business
Shell Refining Margins Nearly Double to $42 a Barrel
London, 7 October 2026 — EBM Newsdesk Analysis — By Nick Staunton Shell’s refining margins rose from $24 to $42 a barrel in the third quarter, the company said this…
Business
Revolut Is Worth $115bn. It Still Barely Lends a Penny
London, 7 October 2026 — EBM Newsdesk Analysis — By Amr Shabana Revolut is now valued at $115bn, which makes it Europe’s most valuable private tech company. The valuation was…
Business
HMRC Opened Man City Tax Probe in 2018 After Email Leaks
London, 7 October 2026 — EBM Newsdesk Analysis — By Katie Winearls HM Revenue & Customs opened an investigation into Manchester City’s tax affairs in 2018, according to the Financial…
Business
France Is Now the Eurozone’s Weakest Link, and the ECB Can’t Come to the Rescue
London, 6 October 2026 — EBM Newsdesk Analysis — By Anthony Gill France is paying more to borrow, compared with Germany, than at any time since the eurozone crisis. At…
Business
EU Trade Chief Šefčovič Meets China’s Wang in Beijing
London, 6 October 2026 — EBM Newsdesk Analysis — By Katie Winearls On Thursday, 8 October, EU trade commissioner Maroš Šefčovič meets China’s commerce minister Wang Wentao in Beijing for…
Business
France’s Budget Was Meant to Calm Markets. Instead the Euro Hit a 17-Month Low
London, 6 October 2026 — EBM Newsdesk Analysis — By Katie Winearls On Monday, 5 October, the euro fell more than 0.75% to $1.1214, its weakest level in 17 months,…