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CUPERTINO, Calif. — Apple’s biggest product event in years is set for Wednesday, Sept. 9, at 1 p.m. ET, marking the first major keynote hosted by new CEO John Ternus and widely expected to include the company’s long-rumored first foldable iPhone.

The event, expected to be titled “Surprise and Shine,” will unfold at Apple Park, with CNET reporters on site to cover announcements as they happen. The presentation follows years of speculation about whether and when Apple would enter the foldable smartphone category, a segment Samsung has occupied since 2019 and one Google has more recently entered with its Pixel Fold lineup.

The rumored foldable device, expected to be called the iPhone Ultra, is anticipated to be joined by updated iPhone 18 Pro and Pro Max models. For the first time in the company’s recent product history, Apple is expected to exclude a base iPhone 18 model from Wednesday’s announcements entirely, reportedly pushing that device, along with a rumored second-generation iPhone Air, to a spring release instead.

Ahead of the event, CNET conducted a consumer sentiment survey examining how much interest, and how much money, U.S. adults are prepared to put toward a foldable iPhone. According to the survey, roughly 1 in 4 U.S. adults, or 25%, expressed interest in a foldable iPhone. However, respondents indicated they were willing to spend an average of just $781 on such a device, a figure that falls well short of the roughly $2,000 price some analysts have projected for the iPhone Ultra. Notably, that $781 average is actually $48 less than the starting price of the base iPhone 17 model, suggesting a significant gap between consumer price expectations and the phone’s likely actual cost, particularly given ongoing RAM shortages and broader rumors of price increases across Apple’s lineup this year.

Some of the clearest hints at the foldable device’s eventual design have come not from Apple itself, but from accessory makers moving quickly to capitalize on public anticipation. Phone accessory company Dbrand has already begun selling skins designed for the rumored iPhone Ultra, alongside skins for the iPhone 18 Pro and Pro Max, ahead of any official confirmation from Apple. According to CNET’s review of the products, the iPhone Ultra skins closely track months of leaked design details, featuring a wider form factor similar to Samsung’s Galaxy Z Fold 8.

Analysts have also pointed to last year’s iPhone Air as a possible design precursor for the foldable device. The 5.6-millimeter-thick iPhone Air, while not considered a blockbuster seller on its own, may have served as a proof of concept for the thinner hardware engineering Apple would need to successfully execute a foldable design. Rishi Padhi, a research principal at Gartner, offered his assessment of the Air’s broader significance within Apple’s product strategy.

“The first iPhone Air may eventually be viewed as a transitional step rather than a failed product category,” Padhi said. “It proved that Apple could still make a thinner iPhone.”

Beyond hardware, Wednesday’s event is also expected to showcase Apple’s redesigned Siri assistant, part of the broader iOS 27 update first previewed at Apple’s Worldwide Developers Conference in June. CNET writer Katelyn Chedraoui, who has used public betas of the new software ahead of its general release, described a marked improvement over the assistant’s previous shortcomings, noting that even longtime skeptical colleagues found the revamped Siri “immediately improved” during testing. The new version is expected to offer significantly better understanding of natural voice commands and improved general knowledge, drawing on generative AI advances that have reshaped digital assistants industrywide over the past several years.

Other anticipated announcements for Wednesday include updated Apple Watch Series 12 and Apple Watch Ultra 4 models, new AirPods, refreshed Mac hardware, and an updated Apple TV 4K streaming device. CNET’s coverage has also floated the possibility of a new camera pro mode within iOS, giving users more granular manual controls similar to features already found on some Android devices, along with speculation about whether Apple might adopt newer silicon-carbon battery technology already used by some Android manufacturers, including OnePlus, Motorola and Samsung, to boost battery capacity without increasing the physical size of its devices.

Pricing remains one of the most closely watched open questions heading into the event. Even setting aside the foldable device specifically, some analysts have suggested that if Apple pursues previously rumored price increases across its standard lineup, the cheapest new iPhone unveiled at Wednesday’s event could carry a starting price around $1,100, a notable jump from prior years’ entry-level pricing for Apple’s Pro-tier devices.

Wednesday’s presentation carries particular symbolic weight as Ternus’s first major public event since formally succeeding Tim Cook as Apple’s chief executive on Sept. 1. Given that all specific product details remain unconfirmed ahead of the keynote, based only on analyst predictions, leaked design mockups and third-party accessory listings rather than official company statements, Wednesday’s presentation is expected to finally resolve months of accumulated speculation, offering the clearest picture yet of how aggressively Apple intends to compete in the foldable smartphone category against established rivals, and what pricing strategy the company plans to pursue across its broader fall lineup heading into the holiday shopping season.

SINGAPORE, September 07, 2026 – Despite the Middle East energy shock, growth of the Thailand’s economy has been better than expected, supported by investment, fiscal spending and technology exports. However, growth remains uneven; technology-linked sectors have expanded strongly while traditional industries, particularly the SME segments, remain weak.

The current wave of FDI- and technology-driven investment offers Thailand a major opportunity to lift its growth potential and accelerate its economic transformation. Realizing this opportunity will require proactive measures to broaden its spillovers to productivity, employment and income across the economy.

This preliminary assessment follows AMRO’s Annual Consultation Visit to Thailand from August 24 to September 4, 2026. The mission was led by Group Head and Lead Economist Allen Ng, with AMRO Director/CEO Yasuto Watanabe and Chief Economist Dong He joining policy meetings with the authorities.

Economic developments and outlook

“Growth is projected at 2.4 percent in both 2026 and 2027, supported by continued private investment, fiscal spending and technology-related exports,” said Ng. “The priority now is to harness the current investment wave to drive broader economic transformation by deepening domestic linkages, boosting productivity, creating jobs, and raising incomes.”

FDI-backed projects, particularly in digital infrastructure and electronics, continued to strengthen the investment cycle in the first half of 2026. The investment pipeline could support medium-term growth, but the benefits have yet to spread widely across domestic firms and workers.

Headline inflation is projected at 1.6 percent in 2026 and 1.3 percent in 2027. Price pressures should remain contained as the energy price increase following the Middle East conflict recedes, although cost pass-through and food prices warrant monitoring.

Risks and vulnerabilities

Risks remain tilted to the downside, as reliance on a narrow set of drivers leaves the outlook vulnerable to external and domestic shocks. A sharp slowdown in global AI and technology-related activity could weaken exports, FDI and investment, while further weakness in household incomes and vulnerable sectors could become self-reinforcing. Energy, trade and weather shocks would pose additional headwinds.

On the upside, stronger external demand and investment activity, alongside wider domestic spillovers could lift growth above the baseline.

Source : Thailand: From Investment-Led Growth to Broad-Based Transformation – ASEAN+3 Macroeconomic Research Office – AMRO ASIA

KANSAS CITY — Companies are expanding classic brand portfolios with innovations.

The Campbell’s Co. is adding electrolytes to its V8 Energy line. The beverage line is offered in drink mix sticks and ready-to-drink canned formats. The drink mixes contain magnesium and vitamins A, C, E and B. The canned beverages are formulated with potassium, electrolytes and B vitamins. Both formats are available in lemon lime, strawberry passionfruit and white peach flavors, and each flavor contains 80 mg of caffeine.

The Hershey Co. is adding creme-filled chocolate bars to its Hershey candy bar line. Hershey’s Creme Bars are available in salted caramel and affogato varieties.

Mars, Inc. is innovating its Pringles line with Pringles Dippers. The chip innovation is a thicker, sturdier and wavier crisp intended for dipping, according to the company. The chips are offered in flavors such as original, french onion and bacon cheddar.

“We know it can be frustrating if your typical salty dipping vessel prevents your perfect scoop or breaks as you dip, which is why we’ve created Pringles Dippers,” said Eileen Flaherty-Yao, senior director of salty, Mars Snacking North America. “Our iconic parabolic shape is now thicker and wavier than ever — built to handle any dipping style from light dips to heavy scoops.” 

View slideshow of more new products on the shelves

A Singaporean man pleaded guilty on Tuesday to a racketeering conspiracy charge in the US for organising one of the biggest ever cryptocurrency thefts.

Malone Lam admitted to teaming up with friends to steal $245m (£181m) of bitcoin and laundering the proceeds.

The 22-year-old and his associates used the money to spend up to $500,000 a visit to nightclubs, according to the US Department of Justice (DOJ). It also said they bought a fleet of exotic cars, ranging in value from $100,000 to $3.8m.

Lam faces a maximum prison sentence of 20 years. US District Judge Colleen Kollar-Kotelly did not immediately schedule a sentencing hearing for him.

“If you build a cybercrime empire, we will find you, dismantle your operation, and hold you accountable,” said US Attorney Jeanine Pirro said.

“This defendant led an international network that preyed on victims through deception, invaded their privacy, and stole hundreds of millions of dollars in cryptocurrency,” she added.

According to court documents, the conspiracy began no later than October 2023 and continued to at least May 2025.

The co-conspirators – who came from California, Connecticut, New York, Florida, and outside the US – met via online gaming platforms.

The DOJ said Lam – who also went by the names Anne Hathaway, $$$, King Greavy – was the ringleader of the criminal enterprise, who identified victims and coordinated the roles of the different conspirators.

The event will be situated in Lower Gardens and will run alongside other festive events

A proposal has been unveiled to stage an annual winter wonderland event in Bournemouth over the next five years. Plans reveal that the Christmas winter wonderland is set to feature a host of festive attractions, including a walkthrough Christmas tree display, a Christmas tree maze, Wonderland Tipis, an Alpine Chalet, a Christmas train, games stalls, and a variety of Christmas rides.

The event will be situated in Bournemouth Lower Gardens and will run alongside the existing Christmas market and other seasonal events in Bournemouth Square and Pier Approach, bolstering the town centre’s winter tourism and leisure offering.

Documents indicate that the festive event has been running on an annual basis and will remain a key draw for both local residents and visitors.

A design and access statement confirms that the ice rink will operate with nine skating sessions per day, seven days a week, across an anticipated eight-week period, excluding Christmas Day.

In a pre-application enquiry submitted to BCP Council, the principle of such temporary Christmas installations, including an ice rink, was considered “well established” and garnered support from relevant policies on leisure, tourism, and town-centre activities.

According to the documents, the council indicated that should satisfactory supporting information be provided, the subsequent planning application would likely receive officer backing.

Additionally, the council noted that as the proposal constitutes a temporary development, it would be exempt from the statutory BNG requirement, provided all relevant criteria are satisfied.

Last year, Bournemouth Christmas Events lodged a planning application in June 2025 with BCP Council for a temporary Christmas event, which would feature an ice rink, alpine chalet and games stall.

Initially, the decision on the proposals was set to be made by officers, however, following the felling of a cherry tree — which triggered a ‘strange quirk’ in Biodiversity Net Gain (BNG) legislation — the proposal was referred to committee with a recommendation to refuse.

BCP’s eastern planning committee opted to refer the application back to officers, affording the applicant additional time to address outstanding issues relating to BNG.

BCP Council had not reached a formal decision on the application before it was withdrawn on January 7 this year, following the conclusion of the event.

The event is anticipated to run from mid-November through to the beginning of January, with precise dates subject to approval.

The plans are currently out for consultation until October 2.

Oil prices climbed for a fourth consecutive session on Wednesday, rising more than $1 in early trade after Iran launched fresh attacks on U.S. military assets in the Gulf, as the conflict between Washington and Tehran continued to spread across the region.

Iran’s Revolutionary Guards said they attacked two U.S. destroyers and what they described as a U.S. base in Jordan’s Al Azraq using ballistic missiles. The attacks were carried out in retaliation for U.S. strikes on Iranian oil tankers.

Crude oil price on September 9

Brent crude futures gained $1.57, or 1.6%, to $99.49 a barrel, while U.S. West Texas Intermediate crude rose $1.60, or 1.72%, to $94.63 a barrel. Brent has risen by a quarter since early August as hopes of a permanent resolution to the six-month-old war have weakened and fighting has intensified again.

U.S. Secretary of State Marco Rubio said Washington would continue targeting Iranian oil tankers in response to attempted attacks on U.S. warships. “Iran continues to try to hit U.S. naval ships, and for every time they do that or try to do that, they’re going to lose tankers,” Rubio told reporters during a visit to Colombia.

U.S. Central Command said on Tuesday that its forces had destroyed five Iranian crude oil carriers on September 8 following attempted missile attacks on a U.S. Navy warship over the previous two days.

Jordan’s air-defence systems intercepted 18 of the 20 ballistic missiles launched from Iranian territory, while the other two fell in unpopulated areas, according to the country’s state news agency, which cited the military. No casualties were reported.

Where are prices headed?

Goldman Sachs has warned that oil prices could reach as high as $120 a barrel if attacks on shipping in the Middle East intensify, with the renewed hostilities raising concerns about disruptions to crude supplies.Daan Struyven, co-head of global commodities research at Goldman Sachs, said in an interview with Bloomberg that recent developments indicated that the risk of wider and more severe shipping disruptions had become an important concern.

Struyven said Goldman Sachs sees “meaningful upside to crude oil prices”, while also suggesting that investors should bet on higher natural gas and refined product prices. He said the supply shocks in gas and fuels are larger than those in the crude market.

The duration of the disruption will be critical for the oil market. JPMorgan estimates that every additional month of disruption could add around $7 to $8 a barrel to Brent prices. If the disruption lasts three months, the bank expects average monthly Brent prices to reach around $114 a barrel.

Citi has raised its average Brent crude price forecast for the third quarter to $86 a barrel from $80, pointing to a longer-than-expected timeline for the reopening of the Strait of Hormuz.

ANZ analysts have also increased their short-term Brent forecast to $95 a barrel and warned that prices could rise further if the Middle East conflict escalates. They said a prolonged standoff involving calibrated military action by the U.S. and Iran appeared to be the most likely scenario, potentially delaying the return of full Middle East supply.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)