Apple releases its anniversary iphone. It has better cameras, can do augmented reality and it recognises your face. But is it worth the wait . And is it worth the cost . And were at the frankfurt auto motor show, where more weird and wonderful cars are unveiled as the worlds leading makers race to plug in. Welcome to World Business report, im sally bundock. Also in the programme toshiba shares dive again in tokyo. Well be live to the region to find out why. But first. This year is the tenth anniversary of the iphone and the latest version has a new screen, new camera, no home button, and a big price tag of 1000. But will it be enough to drive growth at the worlds biggest listed company . The firms share price has soared over the past few months. Since december last year its climbed more than 50 and is nowjust over 160 a share. But not everything is well at the tech giant. Its been struggling in china, where its losing market share to competitors. In the last quarter its revenue in the country fell by 9. 5 tojust over 8 billion. And a big question, is apple innovating fast enough to compete with its rivals . 0ur north America Technology reporter dave lee went to the launch. So here it is, this is the new iphone letter x, the 10th anniversary at the vice. A lot of anticipation for this one. Its going to cost you 999, however, the most expensive iphone to date. What do you get for your money, one of the main features is face id, you look at it to unlock, id do it with my own face but unfortunately its not set up for me so my assistant of camera is going to carry on with the demo. Dulux trade at the camera and it unlocks, thats an unlocked phone dulux trade at. That gets rid of the fingerprint Centre Previous iphones have had. The screen goes just about to each edge save this sliver of technology at the top, this contains many components used for the face recognition and also for the face recognition and also for a for the face recognition and also forafun for the face recognition and also for a fun feature which i quite like, animated in modi is, in modi is hugely popular, animated in modis track my facial expressions to power the emote feed and have different expressions. This makes me laugh every time, i can be this big, if i smile he does, if i raise my eyebrows, he does, if i passed my cheeks, he does that. If i puff. 0thers cheeks, he does that. If i puff. Others can still receive the animated emojis even if they cant. I think this will be extremely popular. Without the iphones, whats interesting, without the home button this doesnt look like an iphone, it looks much more like a samsung device. This is definitely one of the biggest steps weve seen in a new apple device for sometime and tim cookjust said he thinks this will dawn in a new era of the iphone. At 999, quite a lot of money, but this has certainly got a lot of talking. Pretty much the same price in the uk as well. They also launched a new watch that has mobile capabilities so watch that has mobile capabilities so you watch that has mobile capabilities so you can watch that has mobile capabilities so you can have a conversation via the watch without a mobile. They also launched the new tv box as well. It was quite a big event, as you can imagine, as apple hosts these huge events and tim cook was on stage. We will talk more about that in the paper review, its on the front page of all the newspapers today and all websites, we will discuss it further. Theres loads from dave on our website, dave lee, and you can follow him on twitter, where he has sent a load of videos and things. Loads on apple later. Lets talk about another Technology Company that isnt having good times at all, toshiba. Its been in terrible trouble for sometime and it is trying to sort out the sale of its prized chipmaking unit, it needs money desperately. Sharanjit leyl is in our Asia Business hub in singapore. So, shara njit, whats the latest twist in the tale . Local press in japan local press injapan said they managed to sell the unit, whats going on . Its all based on various reports. Today what we saw was a bit of volatility with shares, we saw toshiba shares falling, then they recovered, now they are trading lower again, bucking the trend of the nikkei, which has been rising for days and essentially this happened because of the investor concerns stemming from the value of its chip unit, suggesting that toshiba is keen to sell to a group led by a private Equity Firm Bain Capital and south koreas esque a high next. It is not wanting to sell to the crown jewels. Its crown jewels. The report suggested a deal could be struck as early as next week. To some extent there was reaction to those reports as shares fell 1 in early trade to date. The japanese conglomerate needs to sell its chip business, we talked about its chip business, we talked about it being its prized asset, but it needs to sell it to plug a huge bowl in its fine huge hole in its finances today. Western digital didnt pledge two plug huge gaps. This consortium from bain capital and others have been met in neck and others have been met in neck and neck with other consortiums bidding didnt plug huge gaps. Driverless ca rs Driverless Cars are on their way, we know Autonomous Vehicles are being developed and rapidly and they will probably take over from the cars we know within decades. Its more than likely they will be all electric. How will this change the way we use them and interact with our cars or even view them crazy engineers at the french manufacturer renault have a few ideas, which theyve been showing off at the frankfurt motor showing off at the frankfurt motor show and theo leggett is there for us show and theo leggett is there for us 01 even show and theo leggett is there for us or even view them . Engineers. Welcome to the house of the future, which looks like the house of today with the dining area, Kitchen Table and the soft seating and over here is the car, a car in your living room this is a new concept from renault, and as you can see it is a d riverless renault, and as you can see it is a driverless car and the idea it comes into your house and becomes an integral part of your living room, if you dont want that it can be on the roof where it acts as a battery to power your home. The man behind it is renaults chief designer. Good to have you with us, why did you decide to do this . We imagine a future for our customers, for our clients were cars would become more autonomous, electric and connected so we autonomous, electric and connected so we wondered what could we do if the future is like that . For the first thing you could park your car inside because its first thing you could park your car inside because its clean. Second, if the car is autonomous, it could move within the house by itself, pa rt move within the house by itself, part itself so you dont need parking outside your house, it could parking outside your house, it could park on the roof. Because its connected you can spend some time in your car, as you do today, cars are a Perfect Place to read, enjoy music and spend some time with your kids, your daughter. Some of the best conversations ive had with my kids we re conversations ive had with my kids were while i was talking with them in the car. We said if the car becomes an extension of your house, and therefore your life, wouldnt that be the ultimate . Thats the concept of this project. This is a concept, nobody is saying we will be driving cars into our living rooms in the near future, driving cars into our living rooms in the nearfuture, but driving cars into our living rooms in the near future, but its an driving cars into our living rooms in the nearfuture, but its an idea and it shows how khan manufacturers are looking at different ways d riverless ca rs different are looking at different ways Driverless Cars different from normal cars will be integrated into oui normal cars will be integrated into our daily lives. Theo on twitter is theothebald. If you want to know whats going on at the frankfurt motor show then follow him on twitter. The chief executive of Us Credit Reporting Agency equifax has pledged to make changes at the Company Following a massive data breach. A hacking attack exposed the information of up to 143 million people, which experts believe to be one of the biggest on record. Equifax now faces possible federal investigations and multiple lawsuits. It has now lost a fifth of its market value since revealing the hack. The boss ofjpmorgan jamie dimon is definitely not a fan of bitcoin. While speaking at a financial conference in new york, mr dimon called the Virtual Currency a fraud and said it was created out of thin air. He added that only criminals and People Living in north korea, ecuador and venezuela should invest in it. Bitcoin slid in value by 4 following dimons comments. 0ne bitcoin is currently worthjust over 11,000. Well unpick that one as well in the news review. Ill see you very soon. Goodbye. A report by the public spending watchdog claims the government hasnt done enough to tackle homelessness in england. The National Audit office says the problem is costing more than £1 billion a year to deal with and says welfare reforms are partly to blame for the rise. The government says its investing 550 million to help deal with the issue. Chi chi izundu has the details. Homelessness in england is on the rise and the reasons are varying, from lack of social housing to less affordable private rental properties and even a reduction in housing benefit are being blamed. The number of families in temporary accommodation is up 60 since 2011, while rough sleeping has more than doubled to over 4000 counted in one autumn evening. But this report paints a picture of a system that isnt fit for purpose, being overseen by ministers who have little interest in tackling it. Even simple things like assessing the impact of how welfare reforms could exasperate the problem. Well, what were seeing is a rise in all measures of homelessness in urban areas of the country so what wed like to see is a proper co ordinated crosscut mud approach between Central Government to try and tackle this because its very expensive for the public purse and its a tragedy for households as well. While homelessness costs more than £1 billion a year normally administered by councils, the report criticises ministers as paying little attention as to how that money is spent. In a statement, the department for communities and local governments said it will can, continue to invest £550 million tackling the issues until 2020 and will shortly outline plans to eliminate rough sleeping entirely. Chi chi izundu, bbc news. Coming up at 6am on breakfast, the team will also have more on an investigation by bbc news which has discovered thatjust 2 of council owned tower blocks in the uk are fitted with sprinkler systems. Well have more on that report a day before the start of a Public Inquiry into the fire at grenfell tower. This is bbc news. The latest headlines american, french and British Military forces have joined Recovery Efforts after Hurricane Irma left tens of thousands homeless and millions without power. Pressure is growing on mynamar to protect civilians and allow 400,000 thousand rohinghya refugees to return from bangladesh. The venezuelan opposition has refused to take part in direct talks with maduros government in the dominican republic, due to take place later on wednesday. The head of the eus powerful executive, Commission President jean claude juncker, is to give his annual state of the European Union address in strasbourg in a few hours time. Now its time to take a look at the stories making headlines around the world. 0n the front page of french paper le figaro, a photo of president emmanuel macron, who has just arrived in the caribbean, which is reeling in the aftermath of Hurricane Irma. Apples iphone turns ten, and ceo tim cook unveils the iphone x in the shadow of founder steve cook. Great shot, that, isnt it . The internets been reacting, well discuss further in a bit. Another ten Year Anniversary in the financial pages of the guardian, this time of northern rock. A report released today says that the uks high street banks are an accident waiting to happen still. The times has a story about crypto currency and a warning from the uks city watchdog about the dangers of investing in the virtual currencies. And, finally, on our website, there is a very cute picture a litle newborn, goes by the name of eric luke trump, us president Donald Trumps ninth grandchild, the first child for the president s son eric and his wife lara. Joining us is lawrence gosling, editor in chief of investment week. Morning. Shall we start with the action picture . Emmanuel macron doing what president s are supposed to be doing