Thursday, 23 July 2026 · Europe
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EUROPES The European Report
European Edition Thursday, 23 July 2026
LATEST

Economy & Money

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

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SpaceX IPO: How European retail investors can buy shares and the risks to be aware of

SpaceX is expected to make its stock market debut on Friday in what could become the largest IPO in history. Here's how retail inv…

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The British food scene was booming. Why has it suddenly gone bust?

Once mocked internationally, the UK became a gastronomic hotspot in recent decades – London was hailed as the foodie capital of th…

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AI giants' race to raise funds heats up as ChatGPT-owner plans stock market debut

The company behind ChatGPT files its plans one week after Anthropic did the same.

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US adds BYD to list of firms with alleged Chinese military ties

The Pentagon list warns US firms of risks linked to working with flagged Chinese companies.

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Where apartment prices are double those in Paris: Europe's most expensive housing markets

A new ranking shows Switzerland and Luxembourg dominate Europe's priciest property markets, with apartment prices in Zurich more t…

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ChatGPT maker OpenAI files for IPO, joining Anthropic and SpaceX in race to go public

OpenAI filed preliminary paperwork that would open the door to it becoming a publicly traded company, the third in a powerhouse tr…

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Healthy cooperation: how northern universities are linking with NHS trusts to drive innovation

Backed by a mix of private and public finance, Huddersfield and Manchester are among many in the academic sector helping to create…

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Could humanoid robots be heading for the battlefield?

Armed forces are experimenting with humanoid robots, but battlefield deployment is some way off.

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How driving test booking is changing for learner drivers

From 12 May, only learner drivers can book their own tests, not instructors.

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Driving test booking rules tightened after thousands of no shows

Learner drivers can only swap their test to the three centres nearest to their original booking.

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Fighting Amazon made Chris Smalls a celebrity: 'My life changed' – Stateside with Kai and Carter

In 2022, Amazon workers at a fulfillment center in Staten Island made history by voting to form a union. Their leader was fired Am…

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Israel and Iran trade strikes: what does this mean for peace deal? - The Latest

The Iranian regime has announced the end of attacks against Israel, while the US president has claimed both sides ‘want a ceasefir…

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Le Havre: 38,000 fake trainers destroyed after 15-year court case

Seized in 2011 in containers from China, almost 38,000 pairs of fake trainers have been destroyed in Le Havre after years of legal…

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Robotaxis are coming to Europe — and the EU wants to speed things up

France, Germany, Italy and 14 other countries have signed a joint declaration to coordinate autonomous vehicle testing across bord…

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Intesa Sanpaolo launches bid for Mps bank, merger set for December 2026

Within 24 hours of Banco BPM’s merger bid, Intesa Sanpaolo launches a full public offer for Monte dei Paschi di Siena. If approved…

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China is helping to cushion global oil prices below $100 — but analysts warn it won’t last

China has reduced oil imports since the start of the Iran war, capping global crude prices.

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Airline profits set to halve this year as fuel costs jump by $100 billion: IATA

"The big unknown is how long travelers and shippers can tolerate the higher costs," IATA's Willie Walsh said.

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The jet fuel shock wipes out half of the global airline industry's expected profits

Revenues are forecast to rise strongly and passenger traffic to hit new records, yet the global airline industry is seeing profits…

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Bernie Sanders’ AI sovereign wealth fund plan is good. But we think this is better | Nathan E Sanders and Bruce Schneier

While we do not outright oppose the taking of AI company stock, or of a US a sovereign wealth fund, there are better ways to achie…

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The €3trn question: Can markets handle SpaceX, OpenAI and Anthropic all at once?

Three of the most valuable companies ever created are going public within months of each other. The combined value of SpaceX, Open…

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Bidding war erupts for world’s oldest bank as Italy’s Intesa gatecrashes BPM offer

Intesa on Monday announced an unsolicited offer of $35.3 billion, hoping to usurp its rival and create Europe's second-biggest ​ba…

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ECB announces main milestones for roll-out of Integrated Reporting Framework

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Oil prices rise as Iran and Israel trade strikes in defiance of Trump

European markets opened lower and oil prices rose on Monday morning as investors monitored the latest escalation in the Middle Eas…

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Inflation beating pay rises in Europe: Where are workers losing the most?

As inflation surges across Europe following the recent Middle East conflict, advertised pay growth in the eurozone is failing to k…