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Troubled housebuilder Vistry tests limits of Labour’s appetite for nationalisation

For now at least, there is little sign the state will take control of the group

Carmaker will wind down production of futuristic pick-up truck at its gigafactory in Texas

The actor on life, love and lab-grown diamonds

IAG says airline group will be less protected in 2027 by fuel hedging compared with 2026

Alice Lascelles traces the writer’s years on the Scottish island – and her own first steps into the world of whisky

In Tokyo, the creative polymath has built an outlandish homage to Japan

Sir Mark Rowley wants the existing 43 forces in England and Wales to be consolidated into bigger and more effective units

One Damned Chart After Another

‘Complete carnage’ as Nikkei 225 and Topix indices drop nearly 6% in flight from AI trade

Lender had shifted focus to talks with buyout groups after failing to clinch a £10bn takeover by Brazilian fintech Nubank

Donald Trump blames voters for tech rout as futures suggest markets will stabilise at US open

Expropriation of market’s largest cigarette company set to further strain ties between Moscow and Tokyo

Any reasonable person can see the hallmarks of an unsustainable party in markets

But not broad, yet

Who pays for AI; city builder chaos; Bob Dylan and the Pope

Martin Sandbu speaks with economist Isabella Weber

Half-year profits at ‘millionaires factory’ jump 50% to A$2.5bn as CEO signs off after eight years in role

Also in this newsletter: Nato launches online marketplace to speed up anti-drone purchases

Tokenised, exchange-traded interval funds with venture capital exposure and hedge fund-level fees. What could go wrong?

Also in today’s newsletter: US tech barons and Jaguar Land Rover recall

Carrier upgrades first and business class cabins in push to attract upmarket passengers after losing ground to rivals

Marc Filippino speaks to Kate Duguid, Joe Miller, Ciara Nugent and Chris Smyth

Reform UK leader’s friendship with the US president has long been seen by opponents as a liability

The Trump administration reckons with the Democratic Party’s emphatic victory in the US midterms