Will Apple’s new 5G iPhone spark a smartphone spending spree?

Apple has unveiled its latest iPhone - the first major redesign of the company's flagship product since 2017. The iPhone 12 will join offerings from rivals in what the industry is hoping will be a spending spree on new phones as next-generation 5G mobile networks are rolled out. Also in today's business round-up, why the United States and the European Union are calling for talks to resolve a long-running trade dispute over subsidies to Airbus and Boeing.