hello and welcome to business today. i'm steve lai. let's begin in the united states, where apple has unveiled a slew of upgraded products as part of a launch named "glowtime". the event featured new and improved versions of the apple watch and airpods. but the real headliner was the launch of the iphone 16, that placed the company's push into ai, front and centre. the bbc�*s north america technology correspondent lily the glow time event here in cupertino california features big upgrades to the apple watch, the air pods, but the real headline here is the unveiling of the iphone 16. apple executives say this set of iphones is the first designed specifically with artificial intelligence in mind. it's there to support this new suite of ar products that the company is calling

apple intelligence which will allow users to use text to create images, even emojis. we are also set to see a big upgrade to siri, the boy assistant that apple first acquired back in 2010. the thing is though, this suite of products, apple intelligence, will not be available at least not for now, in the eu. apple experience is a bit of a dustup with regulators there over the implications of the digital markets act. the products will however be available in the uk. nabila popalfrom idc explains how apple's new products stack up against the competition. there was a lot of negative sentiment at the beginning of the year as to why apple hadn't dived into it when any other company had. criticism from the market and about how if apple is behind, how the models not as advanced as the others, this is a really huge step forward

because consumers are still uncertain about what ai is and what it can do for them and the way apple has told the story, they've done what they do best, right? a really compelling consumer story about what apple intelligence can do for them and how it can enhance their lives. this is definitely baby steps but it's an excellent first step in a very long run game for apple. an anti—trust lawsuit — focused on google�*s dominance when it comes to online advertising — began in the us on monday. the case threatens one of the technology giant's largest revenue streams. the usjustice department alleges that monopoly tactics are driving these gains. google has rejected this and said it faces stiff competition from the likes of microsoft and tiktok. staying with the us, there was a wave of buying in us markets, following wall street's worst week of the year. investors are betting that a federal reserve rate cut later this month will boost a slowing economy. the bbc�*s ritika gupta has more from new york. us stocks rebounded on monday as dip buyers emerged

following wall street's worst week of the year. the s&p 500 and the nasdaq each closed the session over 1% higher, while the dowjones outperformed, adding nearly 500 points. technology stocks, which were amongst the hardest hit last week, led the charge higher, with nvidia and tesla still, all sector groups contributed to the gains on monday. outside of tech, retailers, banks and industrial shares also staged a comeback as investors believe a rate cut would give a boost to the flagging consumer. while september is typically a challenging and volatile month for stocks, so far this has been the worst start to a september on record, according to bespoke investment group. investors are digesting a slowing economy after last week's augustjobs data. this week, investors turn their attention back to inflation, with the consumer price index data out on wednesday and producer price index released on thursday. this may provide further clues on whether the federal reserve will cut borrowing costs by 25 or 50 basis

points when it meets later this month, on september the 18th. investors are also watching the first televised presidential elections debate, happening tuesday night us time. kamala harris and donald trump will go head—to—head on key issues, including cost of living pressures and their contrasting trade policies. stefanie holtze—jen, asia—pacific chief investment officer at deutsche bank international private bank, gave us a sense of what to expect. that's 55 days to election date so it's clearly a big focus at the moment to see both candidates take up against each other in terms of content, and in terms of style. that's the first time both of these candidates will be seen so there will be a lot of stony on that. the full expectation that of course kamala harris will offer the rotary choice, being able to reflect back on the first presidency trump had in the past, events that unfolded during the time we had co—vid

here to deal with, we had tariffs being imposed, january six resurrection —— insurrection going on, that is one thing that's expected to happen but on the other side trump �*s were expected to reflect back on her achievements during the biden administration, some of her liberal agenda and. donald trump has warned that he will impose even more tariffs on foreign countries if he wins where do we stand at the moment with the us economy, where do we stand? it with the us economy, where do we stand?— we stand? it will be about five swin: we stand? it will be about five swing states _ we stand? it will be about five swing states that _ we stand? it will be about five swing states that will - we stand? it will be about five swing states that will decide, | swing states that will decide, the reality is and that's ultimately what the investors are focused on right now, we still have a fairly resilient us economy held up by that us consumer at this moment in time we have inflation that has turned the other way. now the fed has told us that their

focus right now is on the side of the unemployment because they have a dual mandate and we were informed quite clearly that the upsides to inflation has increased but unemployment have increased. heavy focus on these last two during next week these last two during next week the reality is the us economy has created less jobs than expected and also last friday we saw downward revisions to the last couple of months so clearly now the central bank has stability directed to that picture and this is what the investors really very much concerned about because the balancing act will be, do they address 25—55, sorry 25 or 50 basis points because they can because inflation is turn the other way or the more sinister scenario behind it which is a recession which is not our base case. , , , ., ., recession which is not our base case. , , ., ., ., case. just before we go, i have to ask you _ case. just before we go, i have to ask you a — case. just before we go, i have to ask you a question - case. just before we go, i have to ask you a question about. to ask you a question about china and how its outlook looks

for the year ahead and it's been going through some troubled times.— been going through some troubled times. , ,., , troubled times. yes, so we 'ust had deflationary i troubled times. yes, so we 'ust had deflationary picture i troubled times. yes, so we just had deflationary picture being l had deflationary picture being confirmed yesterday from china so the problem is when you look at the elements that move the market the macroeconomic data points do not really are sure that growth is coming in where the government is aiming to the 5%. we have sentiment is fairly subdued still, that results in very low positioning by investors. so the short term this is still a challenging environment but we look at it from a medium and long—term perspective and we have seen a lot of interesting proposals and also some short—term measures that should kick in during the next couple of months. donald trump has warned that he will impose even more tariffs on foreign countries if he wins november's election. but these protectionist measures may not benefit workers. that's according to a new report by the world trade organization. our business reporter jonathanjosephs speaks to the wto's chief economist.

from the ongoing disruption in the red sea to politicians and their taste for tariffs, global trade is under pressure. this report, though, is a reminder of its role dragging millions out of poverty, making the world a more equal place. since the foundation of the wto 30 years ago, low and middle income countries have have, have on average almost tripled their per capita gdp and therefore narrowed the income gap to high income countries. so what we estimate is that up to one third of this is due to trade cost reductions, in part facilitated by the wto. but there's also a warning that some countries are still being left behind. so ijust wonder which countries which parts of the world is that and how do we address those problems? most of them are located in africa, the middle east, latin america and the caribbean. and there's basically two

risk factors that we that we identify — one as not being integrated into international trade sufficiently. and the other one is well being integrated but being overly dependent on commodity exports. if we look at the more industrialised, wealthier countries that are putting up trade barriers at the moment, we look at the us and the eu, for example, and their action against china on electric vehicles, that's borne of concerns about losing manufacturing, losing jobs and national security concerns. do you think the data justify those concerns? one general point i can make, if ijust look at workers now and domestic inequality protecting jobs. i mean, one thing that the report says very clearly is that protectionism is not the most effective way to help your workers. the answer is really to giving them the opportunity to benefit from international trade. and just like trade liberalisation creates winners and losers, imposing tariffs also creates winners and losers. and that's one basic reason why

i think that's not the way to help workers necessarily. one thing that isn't denting the prospects of global trade is the effective, ongoing closure of the important route that is the red sea, because of attacks on ships. after a rare fall last year, it's set to grow once again as economies around the world bounce back from energy and inflation shocks. jonathan josephs, bbc news. and that's it for this edition of business today. a reminder that the us presidential debate will be live right here on the bbc tomorrow at apm are cartridge will start, a pm eastern time in the us and 8am here in singapore. bye for now. —— our coverage will start hpm. —— our coverage will start hpm.

hey, i'mjulia with the catch up. tonight, idris elba meets the pm, beyonce's country snub, and a royal update. but first, scrounging around for masks and gloves and no support at all. that's how some of the health care workers, patients and bereaved families are describing their experiences of covid—19. over 30,000 personal stories are being heard in an inquiry that's looking at what we can learn from the pandemic.

next — idris elba has teamed up with the prime minister, keir starmer, as well as police, charities and victims to tackle knife crime in the uk. idris elba said the goal is to solve the root causes of knife crime, not just the symptoms. it was a really positive step in the right direction. i mean, what can i say? the work only begins now. we've got to keep working. some other stories now — kensington palace has released an emotional video where the princess of wales talks about completing her chemotherapy treatment. the last nine months have been incredibly tough for us as a family. life as you know, it can change in an instant. she said she'd be taking on more public engagements too, and beyonce has been snubbed by the country music awards, even though her song texas hold em was one of the biggest country hits of the year. fans are speaking out on x after her name

headphones and the iphone 16, which features a new action button, new colours, and more focus on using ai. that's it, you're caught up now. see ya.

hello and welcome to sportsday — i'm gavin ramjaun. hello and welcome to sportsday — i'm gavin ramjaun. pathum nissanka's century guides sri lanka to a famous win over england at the oval.

france are off the mark in the nations league — with a 2—0 victory over belgium in lyon. and tom brady swaps the football field for the broadcast booth as the new nfl season gets underway. hello there and welcome along to the programme. it's been a long time coming — but sri lanka have beaten england in a test for the first time in a decade — after an eight—wicket victory at the oval denied the hosts a clean sweep. the tourists had pathum nissanka to thank, who blazed his way to a second test century. our correspondent joe wilson has more. well, in the end there were precious few alarms for sri lanka in their victory on the fourth day, england powerless

in particular, bowling