•The Wall Street Journal reported that Saudi Arabia conducted secretive strikes against Iran following attacks on energy facilities and civilian infrastructure.
•President Trump and President Xi Jinping agreed on the importance of fully reopening the Strait of Hormuz during their meetings in China.
•The White House informed Tel Aviv that Trump might order strikes inside Iran after his departure from China.
•G-III Apparel Group entered into a definitive agreement with WHP Global to jointly own the Marc Jacobs brand's intellectual property through a newly formed joint venture.
•G-III will acquire and manage the global Marc Jacobs operating business, while WHP Global will manage the licensing operations.