Flash Briefing: Huawei CFO arrested in Canada; KPMG booms; Glencore woes deepen; Discovery disruption goes global

In today’s global headlines…. The fragile trade war truce between the US and China came under severe pressure this morning whenCanada arrested the chief financial officer of Shenzhen telecoms group Huawei. More dark clouds are gathering on the horizon of JSE-listed Glencore which was yesterday named by Brazil’s Operation Car Wash corruption investigation.  South African lawmakers keen to exact financial revenge from Big Four accounting group KPMG will be salivating after this morning’s release of strong financial results by the audit firm. In other South African related news, Discovery’s disruptive shared value insurance model is the feature of the major opinion piece in this morning’s Financial Times of London.