Edition Business - Daily Newsletter 20/10/2026
· English · International
A selection of our latest business news and articles.
Guide to calculating a construction project budget: items, contingencies, and margin
Structure a professional construction budget by defining the scope, organizing the 12 essential items, and applying precise contingency ranges (5-10% for new builds, 15-25% for rehabilitation) to protect profitability and minimize financial deviations.
Read article
Valeo demands 75% European content in cars to halt competitiveness loss
Valeo CEO Christophe Perillat calls for vehicles sold in Europe to incorporate at least 75% local components to prevent massive job losses. This request aligns with the EU's 'Industrial Accelerator Act' draft, which considers raising the origin threshold for accessing public aid, generating concern in Spain over the risk that its factories may not meet the new criteria.
Read article
France and Germany propose an emergency mechanism to restrict access to the European single market
Paris and Berlin have sent a letter to the European Commission proposing a new rapid-response trade defense tool. The objective is to allow the EU to activate restrictions against third countries through a **reverse qualified majority** within days, in response to distortions such as **dumping** or **massive subsidies**. The initiative, which seeks to reduce dependence on critical suppliers, will be debated at the European summit in October 2026.
Read article
Cuba Reorganizes Its Commercial Network: Neighborhood Markets Displace Traditional Stores
The Cuban government transforms state-owned warehouses into **Neighborhood Markets** managed by the private sector, retaining only 1,913 establishments for rationing. Although the measure aims to reduce prices by 15%, costs remain unaffordable for most of the population facing a supply crisis and extreme poverty.
Read article
Government publishes two royal decrees-laws to shield the housing market before elections
The BOE has published RDL 28/2026 and 29/2026, which introduce urgent measures such as the suspension of evictions for vulnerable groups, automatic lease extensions, and a 10 billion euro fund for home purchases. RDL 28/2026 will enter into force on November 15, 2026, subject to ratification by the Permanent Delegation, while RDL 29/2026 regulates the automatic extension of contracts.
Read article
DBG Health terminates Sam Wood's contract following domestic violence charges
The parent company of 28 by Sam Wood has immediately ended all commercial agreements with its founder after he was charged with assault and strangulation. The brand will continue under the leadership of Mark Watkin while several partners and influencers cut their ties.
Read article