The Times reports the UK government will approve new natural gas drilling at the Jackdaw field on Sept. 15.

U.S. Vice President Vance said he will not commit to a timeline for lowering oil prices.

Nikkei reports people familiar say Apple’s foldable iPhone was producing only a few hundred units per day as of end‑August, well below the 'tens of thousands' daily pace implied by the original plan. Sources say the slow ramp reflects Apple’s stringent quality requirements and an added trial production run before the August start of mass production. Apple’s reported target for the model this year is 8–10 million units; sources warn that without a faster ramp final output may fall short of that target and take longer than expected to meet consumer demand. Industry executives say meeting the original target would have required daily production in the tens of thousands.