Flash Briefing: Manuel says Eskom is an albatross, Mbulala felt 'violated'; Netanyahu to be charged; 'fantastic' progress in US/China trade talks

In today’s global business headlines… Negotiations on the US trade war with China is going so well that it has been described as “fantastic” by National Economic Council Director Larry Kudlow. In the UK, Rolls Royce’s troubles with its Trent 1000 engines led to a £2.9bn pre-tax loss compared to profits of £3.89 billion a year ago. Israeli Prime Minister Benjamin Netanyahu was notified that his attorney general plans to put him on trial for bribery and fraud following a two-year investigation. The defeat of market-friendly opposition leader Atiku Abubakar in the Nigerian elections was met by the worst slump in stocks since June 2016. Former South African Finance Minister Trevor Manuel said at the Zondo Commission of enquiry that Eskom is like an albatross around the neck of the fiscus.