:00:00. > :00:00.There have also been vigils across the US.
:00:00. > :00:00.Those are the latest headlines from BBC World News.
:00:07. > :00:09.Now for the latest financial news with Sally and World Business
:00:10. > :00:19.Apple's core problem with revenues are declining for the first time
:00:20. > :00:23.in 13 years the tech giant needs some new ideas to stay ahead -
:00:24. > :00:27.could we see some today's developer conference?
:00:28. > :00:31.Trading on an important relationship to avoid a growing rift -
:00:32. > :00:34.German Chancellor Angela Merkel is in China where she's played down
:00:35. > :00:36.talk of a trade war but warns of the need
:00:37. > :00:50.Also in the programme, Dave Lee is at the world's biggest
:00:51. > :00:59.Apple's core business is the IPhone, but as sales of its most widely used
:01:00. > :01:02.product begin to slide the company is having to search elsewhere
:01:03. > :01:06.for ways to drive its gargantuan revenue stream.
:01:07. > :01:09.The world's biggest tech firm is now looking towards software rather
:01:10. > :01:10.than hardware to deliver additional growth opportunities.
:01:11. > :01:23.Apple sold a massive 51.2 million iPhones during the first 3 months
:01:24. > :01:27.of the year - 10 million less than the same period in 2015.
:01:28. > :01:29.That has led to revenues for the first
:01:30. > :01:35.with many blaming an over reliance on a single product.
:01:36. > :01:38.Today Apple holds its developers conference in Silicon Valley
:01:39. > :01:42.where it's expected to launch a major Artificial intelligence
:01:43. > :01:46.update for the digital assistant, Siri.
:01:47. > :01:49.The California firm is also expected to unveil changes to HomeKit
:01:50. > :01:52.which allows users to connect home features such as lighting
:01:53. > :01:58.But will it be enough to impress investors?
:01:59. > :02:02.The share price has certainly taken a hit since it peaked this time last
:02:03. > :02:05.year and those in the industry say some major innovations are needed
:02:06. > :02:08.if Apple wants to hold onto its title as the world's
:02:09. > :02:17.Gavin Clarke is Senior Editor of The Register.
:02:18. > :02:31.Good morning. What are you expecting? Siri is the big one. It
:02:32. > :02:35.was the leader, some would be you one of the first, a benchmark and
:02:36. > :02:41.now people feel it has been overtaken by rivals. Even the people
:02:42. > :02:49.who set up Siri have moved on to other rings. There is a belief Apple
:02:50. > :02:58.needs to step up. It will become open to third-party integration. It
:02:59. > :03:08.would allow third parties to build their software is. We are expecting
:03:09. > :03:22.integration with Mac are less. You can use Siri on other programmes.
:03:23. > :03:29.The statistics point to the fact that people who have used Siri have
:03:30. > :03:37.used it once and then do not go back to it again. They like to have a
:03:38. > :03:45.laugh with it. Apple needs to show people that it is a useful. Booking
:03:46. > :03:53.a restaurant, talking to friends, and that is what they are kind of
:03:54. > :03:59.leaning too. What about HomeKit? This is a large area. Controlling
:04:00. > :04:06.your home, lights and heating, from your phone. It is like the AI
:04:07. > :04:16.intelligent anticipating when you come home. Again, are we that? There
:04:17. > :04:22.are loads of people trying to offer competing solutions. Everybody is
:04:23. > :04:28.looking at this, Google, Facebook... To what extent is there a demand or
:04:29. > :04:33.is it simply innovation because they have to? You have to remember that
:04:34. > :04:40.these firms are trying to sell us technology. You could argue that
:04:41. > :04:47.this assistance aspect... Were waiting for the breakout moment. It
:04:48. > :04:52.could be like the smart phone a few years ago. It popularised in a way
:04:53. > :05:00.no one ever seen before stop we could be again with personalised
:05:01. > :05:07.assistance we could see a breakout moment. Thank you for sharing your
:05:08. > :05:08.thoughts on that and we will be keeping you across any announcements
:05:09. > :05:10.we get from Apple. The gaming industry has descended
:05:11. > :05:13.on Los Angeles for E3, the biggest video games
:05:14. > :05:15.show in the world. It is a chance for the big names
:05:16. > :05:18.to show off their latest Our BBC North America technology
:05:19. > :05:41.reporter Dave Lee give us this It is that time of year when the
:05:42. > :05:49.games industry descends in their thousands to Los Angeles for E3. The
:05:50. > :05:58.fans, it is a chance to look at some of the possible blockbuster hits.
:05:59. > :06:03.Time poor to is mesmerising. -- tight end fall. I am really looking
:06:04. > :06:09.forward to just how different it is going to be this time around. I am
:06:10. > :06:16.looking forward to more on that front. Worlds where adventure,
:06:17. > :06:24.danger and the unknown awaiting to be discovered. That was a
:06:25. > :06:34.snapshot... Excuse me, the cameras are clearly on the move... That was
:06:35. > :06:42.a snapshot from E3. We will update you when things are released et
:06:43. > :06:46.cetera. British telecom is assenting a joint letter to staff along with
:06:47. > :06:57.union leaders saying the company wanted the UK to stay in a reformed
:06:58. > :07:00.EU. In response, if the UK wants to take back its democracy, the British
:07:01. > :07:06.people have to vote Leave. Retailer Walmart Canada will no
:07:07. > :07:09.longer accept Visa cards after it failed to agree a deal
:07:10. > :07:11.with the credit card firm. Fees applied to Visa card purchases
:07:12. > :07:13."remain unacceptably high," The supermarket chain said it paid
:07:14. > :07:18.more than $100m in credit card fees each year - but did not break that
:07:19. > :07:22.down for the specific companies. The founder of UK Sports
:07:23. > :07:25.Retailer Sports Direct, Mike Ashley, has written
:07:26. > :07:29.to the administrators of the British department store chain BHS
:07:30. > :07:32.expressing an interest in taking In his letter, Mr Ashley said
:07:33. > :07:39.he was keen to save the BHS brand as well as a number
:07:40. > :07:45.of jobs with the retailer. The company is being wound down
:07:46. > :07:47.after administrators failed to find The German Chancellor Angela Merkel
:07:48. > :08:06.has arrived in China for her ninth visit to the country with trade
:08:07. > :08:08.and investment high on the agenda. Tension between Europe and China has
:08:09. > :08:11.risen recently over China's ability to sell steel in Europe below
:08:12. > :08:14.the cost of production, as it attempts to get
:08:15. > :08:16.rid of an excess. The European Steel Association
:08:17. > :08:18.estimates that China is producing between 350 and 400 million
:08:19. > :08:21.tonnes of excess steel. In May, the EU launched
:08:22. > :08:24.an investigation of Chinese steel exports and the EU's
:08:25. > :08:27.Jean Claude Juncker says the bloc is ready to step up its measures
:08:28. > :08:30.to defend the steel industry. While on her visit Merkel has sent
:08:31. > :08:33.somewhat of a coded warning to her Chinese counterparts
:08:34. > :08:36.on the issue saying that while "No one is interested in
:08:37. > :09:00.increased trade wars, Please, excuse of these cameras. We
:09:01. > :09:08.have some live pictures we can show you, of the president addressing the
:09:09. > :09:14.press. Angela Merkel is also there. We will keep an eye on that story as
:09:15. > :09:22.it develops on how Angela Merkel gets on a very tricky tightrope she
:09:23. > :09:29.is walking there. The cameras are moving in the right direction at the
:09:30. > :09:36.right time which is quite nice... Japan is down by nearly 3% and Hong
:09:37. > :09:42.Kong is down significantly as well. Investors on edge as we start a
:09:43. > :09:47.brand-new trading week. A lot going on, the Japanese and US central bank
:09:48. > :09:53.having their meetings and, of course, if the situation with
:09:54. > :09:58.regards to the UK referendum decision, very much on the minds of
:09:59. > :10:04.investors. People seeking safe havens at the moment. The yen really
:10:05. > :10:10.strong at the moment. Toyota, Sony, there stocks really falling today.
:10:11. > :10:16.That is at the end of trade on Friday. A difficult day on Wall
:10:17. > :10:19.Street and it set the tone for Monday morning in Asia. I will see
:10:20. > :10:28.you soon. A giant street party outside
:10:29. > :10:31.Buckingham Palace has ended three days of events celebrating
:10:32. > :10:34.the Queen's official 90th birthday.