Flash Briefing: Historic AU move on DRC; Intu woes grow; Netflix adds 8.8m; US/China war cooling.

IN TODAY’S GLOBAL HEADLINES… The African Union today broke with an appeasing stance by Cyril Ramaphosa-led SADC, to strongly condemn the official results of the DRC presidential election. Hopes are growing that the trade war between the America and China, which threatens global economic growth, will be resolved during high level meetings in Washington next month. Netflix, whose share price was up over 50% in the past month, gave back a few dollars of those gains after quarterly results last night. In South African-related news, JSE-listed property owner Intu is facing more challenges as one of its major tenants, the 165-store retailer Debenhams, today stated that it needs to close a third of these outlets.