Summary

  • Sony unveils new powerful version of PS4

  • Apple launches new iPhone 7

  • Pound ends six-day winning streak against dollar

  • BoE Governor Mark Carney 'serene' about Brexit warnings

  • Mike Ashley says he will go if he can't sort things out at Sports Direct

  • Sports Direct chairman Keith Hellawell says he will step down next year if he loses support

  1. Goodnightpublished at 21:30 British Summer Time 7 September 2016

    That is all from us on this busy day of business news. Join us again at 6am on Thursday.

  2. More on new Sony PS4published at 21:22 British Summer Time 7 September 2016

    BBC business correspondent Michelle Fleury tweets....

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  3. US stocks close little changedpublished at 21:14 British Summer Time 7 September 2016

    US shares were virtually unchanged on Wednesday. 

    The Dow Jones fell 12 points to 18,526.14, the S&P 500 lost 0.33 points to 2,186.15.

    Meanwhile the Nasdaq added 8 points, to 5,283.93, another new record for it. 

  4. Sony counts on better TVspublished at 20:47 British Summer Time 7 September 2016

    BBC business correspondent Michelle Fleury tweets...

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  5. Sony reveals PS4 Pro with 4K graphicspublished at 20:32 British Summer Time 7 September 2016

    Sony PS4 ProImage source, Getty Images

    Sony has announced a more powerful version of its PlayStation 4 console at an event in New York City.

    The PS4 Pro will be able to render games with ultra high definition 4K graphics.

    A cosmetically redesigned, slimmer PlayStation 4 was also announced and will become the standard device.

  6. Cost in translationpublished at 20:17 British Summer Time 7 September 2016

    How the exchange rate will affect UK AirPod price

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  7. iPhone 7 accessories on salepublished at 20:05 British Summer Time 7 September 2016

    iPhone 7 cases on saleImage source, Amazon

    Some canny vendors have been quick of the mark to get cases for the new iPhone 7 onto the market...

  8. Simply the best?published at 19:52 British Summer Time 7 September 2016

    The BBC's technology editor Rory Cellan-Jones tweets...

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  9. Jacking it in...published at 19:46 British Summer Time 7 September 2016

    Apple users react to headphones change

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  10. Apple's iPhone 7 ditches traditional headphone socketpublished at 19:30 British Summer Time 7 September 2016

    Apple's chief executive Tim Cook introduced the iPhone 7 at the California launchImage source, APPLE
    Image caption,

    Apple's chief executive Tim Cook introduced the iPhone 7 at the California launch

    The iPhone 7 will not have a traditional headphone socket, Apple has confirmed.

    The US company unveiled its latest handset at an event in San Francisco.

    The device also lets the home button detect how firmly it is being pressed and provide vibration-based feedback, and adds a two-lens camera to the Plus model's rear.

    The 3.5mm headphone jack was made popular by Sony's Walkman cassette players, but was first introduced in one of the Japanese company's transistor radios in 1964.

  11. Not all about Applepublished at 19:22 British Summer Time 7 September 2016

    Sony launches new Playstation 4 consoles in NY...

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  12. New, not dustypublished at 19:17 British Summer Time 7 September 2016

    The BBC's Dave Lee tweets

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  13. iPhone 7published at 19:09 British Summer Time 7 September 2016

    The BBC's Zoe Kleinman tweets:

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  14. Dream on...published at 19:03 British Summer Time 7 September 2016

    The BBC's technology editor Rory Cellan-Jones tweets:

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  15. First look at iPhone 7published at 19:01 British Summer Time 7 September 2016

    The BBC's Dave Lee tweets:

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  16. The Stephen Fry clap-o-meterpublished at 18:58 British Summer Time 7 September 2016

    The BBC's Dave Lee tweets:

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  17. 1 billion iPhones sold...published at 18:57 British Summer Time 7 September 2016

    IDC's Francisco Jeronimo tweets:

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  18. iPhone time...published at 18:56 British Summer Time 7 September 2016

    The BBC's Zoe Kleinman tweets:

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  19. Watch out Fitbit!published at 18:54 British Summer Time 7 September 2016

    Bloomberg news tweets:

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  20. Low battery warning...published at 18:52 British Summer Time 7 September 2016

    Bloomberg's Peter Hoskins tweets:

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