despite sagging iphone sales. ramping up the rhetoric. are coming in on saturday. brexit anniversary. and holding on to our historical hubs. we'll be taking a look live from london, this is business today. i'm lukwesa burak. of over a trillion dollars.

markets have pared back some of those loses, compared to its peers. quarter earnings on thursday. revenue was better than analysts estimated, even as the iphone and sales in china disappointed. correspondent, ritika gupta. revenue rose 4% to around $124 billion in the fiscal first quarter. the results show that apple is struggling to catch up in china, one of its biggest markets, with an 11% drop in sales there.

the company's ai platform, apple intelligence, also when new chips helped persuade customers to upgrade. sta rt—up deepseek. however, in contrast to other giant us tech firms one theory is that it's seen as a positive for apple, in growth. why not an a?

the first is that iphones make up about half there's an expectation that there is an impending users are at the brink of trading up their phones. but that hasn't happened. and it hasn't happened because there hasn't been an overwhelming reason for users to do it. that's the first. the second is you just heard is the china factor. china is a big market for apple and it's been steadily losing ground.

and services revenue for apple typically refers to revenue from icloud subscription, the app store, the tv plus, etc. very roughly speaking, apple makes twice as much money on its services than it does on its devices. so they stay around for longer and they spend more money on apple. but, as you said, b—plus, could do better. there will be expectations won't there, from current to have to catch up with al?

there is a misplaced notion that apple intelligence is going to deliver a blockbuster bonanza on day one. instead, you need to think of it as the goose that lays golden eggs. as apple intelligence becomes more prevalent in more markets, as more people adopt apple intelligence, they will realise the value, the benefits of that overarching experience. dividends over time, because the point of for apple, it's not about apple intelligence, it's about apple experience.

by president trump to introduce trade tariffs on canada well, i'll be announcing the tariffs on canada and so horribly and so much. the form of deficits. and i'll be putting the tariff of 25% on canada deficits with those countries.

president trump there. investment management and asked her if she thought well, i think there's no way to know until as to the measures that are expected to come importers of us goods,

and so they have the and specifically fe nta nyl. so in that sense, it's not a traditional trade war other factors rather than merely the deficits. they are some of their biggest partners. but it is safe to say that if we enter into an all—out in all three countries

who will likely have to bear over the course of decades, many supply chains and a lot of complexity. able to substitute away from these two countries. term, costs will go up. incoming administration has been the reduction of headline to impose policies that would raise prices.

now its five years today that the uk officially left the european union — brexit. of being part of europe's biggest club. but it's been a complicated process with vast political last year's anniversary was marked with a government earlier. lasked trade, ,, on brexit. of lower productivity, exports and imports, gdp, we're in a situation at the moment where all the economic dividend.

and lift economic growth. a lack of political dividend. so this whole idea was that we'd be able to go out the world has changed so much, and there's not been that type of political dividend either. next week, monday i believe. what will a reset achieve? so, this meeting is not your normal sort of european union council meeting or anything like that. so it's very specific. we have a strong

finance sector. defence and security. and i think this is the reason why this meeting is being held. security reasons. the five, the 5% of gdp spent on military by the us. if the uk don't start to move towards that. and that is a big target. it's huge expenditure

and we need to think very different world to when we left the european the country's annual budget on saturday — outlining the government's spending plan for the coming year. the bbc�*s arunoday mukharji has been looking at what are the key priority areas for the government. car makers showcasing their best at this year's auto show in india. to a four—year low. even the smaller, affordable cars seeing a drop their affordability part of it vis a vis the increase in the

to spend and the industry is hoping for some and because consumption makes up 60% of india's gdp, the urban consumption does require a handholding, incentive coming in from the budget. income class earners some kind of reprieve to give a boost to their disposable income, which ultimately translates into higher consumption.

india's growth fell from 8.1% between july and september and the government has pulled back on spending on big as far as its own government capex story is concerned. at a time when your urban consumption is slowing, the world bank and the international monetary fund economic trajectory. arunoday mukharji,

bbc news, delhi. show us our heritage, document our societies and educate our children. in visitors and their money. generate more income. world at the moment.

ok, so in the past, where would this money have longer there? funding is channelled through the arts council. of money, which has stayed relatively static in size but the long—term direction is funding is really going to be squeezed. it's your history and for people coming does that work?

yes. fee for the taj mahal. of what i as a overseas visitor would pay. audiences, your local taxpayers from price rises and transfer the cost to people who have a higher willingness to pay. the opportunity to to have a special experience, we are willing to pay that little bit more for it and don't really notice the increase. just interestingly, what is a museum's typically highest bill? i don't know. and if you could just tag on there a possible solution, they're going to have to get creative aren't they? they really are.

bill went up £300,000 injust three months. and finally a bit of good news for beer drinkers and pubs here in the uk. as from thursday draught pints will cost one penny less due to a cut in achool duty in a move intended to help the sector grow. sold in supermarkets. stay with us here on bbc news.

office records and collecting historic 0scar nominations. the film i'm still here is set in brazil in the 1970s, when her husband rubens, a former leftist congressman, disappears after he is apprehended by the military.

in. basil; tnefiim�*haz been a big box office success and it's it's a big shot in the arm for brazilian cinema. we will be rooting for fernanda torres and the film i'm still here. rights were suspended. the fragility of democracy. about on the streets right now. what is the value of democracy? you know, should we fight

for democracy in brazil? and it's offering everyone an opportunity to talk about it and to sort of debate it. the film was launched at the venice film festival it was an extraordinary story of a family enduring an act l in the middle of it. i fell in love with that woman. torres, who is now a strong 0scar contender. which he appeared in blackface recently resurfaced. she has apologised, stating that when she performed

to stay truthful to her character, who prevailed and authoritarianism was through education and justice. audiences and critics outside brazil. in new york, there's a great sense of pride that brazilian 0scar voters. for us, it's it's amazing. we're very proud and happy. for such a critical. situation in brazil. wing dictatorship. has relevance to other

countries where far right the anguish of the times we live in _ the film's leading lady, fernanda torres, appears history and finally bring home the oscars gold to brazil. hello. compared with some of the rather turbulent weather that's come our way over the last couple of weeks, things for the next few days look a good deal quieter. not completely dry, some rain for friday morning,

eastwards, but it is a very weak affair, particularly as this ridge of high pressure builds in behind it. so that rain, early on across the south east corner, tending to clear away. the best sunshine, i think, through the day will be found across the southwest of england, wales, lots of sunshine through the afternoon, northeast scotland not doing badly either, temperatures around 6—10 degrees. there could be some mist and murk around as well, ireland later in the night. but where we do see some clear spells, temperatures will drop for some on saturday morning. to push in from the west, this really is the setup

but remember, that weather front will be running into this area of high pressure. and so what will be left with for sunday is, yes, but nothing too significant. and either side of that weather front — northern ireland, of sunshine. as we look ahead to next week, a decent amount of dry weather around once again. decent spells of sunshine.

in washington dc. this is the scene live in washington — # may be good lord with you now... devastating wildfires.