Flash Briefing: Apple's new strategy; Mrs May teetering; Italy shocks allies; SA awaits Moody's

In today's business headlines... Apple Inc, which at $900bn shades Microsoft as the world’s most valuable company, will today unveil a years-in-the-making strategy to install video and news subscription services as its top priority. British Prime Minister Theresa May faces another difficult week with Conservative Party colleagues calling for her head. Italy became the first major economy to sign an agreement with China to cooperate on Beijing’s global infrastructure plan, the Belt and Road Initiative. In South Africa, traders are taking bets on two big events coming at the end of the week - the MPC meeting and an announcement from Moody's.