Wednesday, May 1

A rundown of the most important global business stories you need to know for the coming day, from the newsroom of the Financial Times. Available every weekday morning.

Apple forecasts an improvement in depressed iPhone sales,

Donald Trump drops a central demand from trade negotiations with China in order to end a long-running tariff dispute and

Crown Prince Naruhito becomes Japan’s first modern monarch.

Plus, the FT’s Gideon Long explains what Juan Guaidó’s call for an uprising in Venezuela means for the country and Nicolás Maduro.

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