Business Maverick: Friday 19 July: Five Things You Need to Know to Start Your Day

and “immediately destroyed” an Iranian drone that approached the USS Boxer near the Strait of Hormuz. The drone “was threatening the safety of the ship and the ship’s crew,” the president said, adding that he’s calling “on other nations to protect their ships as they go through the Strait.”Asian futures were pointing to a positive open after U.S. stocks rebounded from early losses. The recovery was boosted by comments from, who highlighted the need for swift action should the economy stumble.

time with their Chinese counterparts, denying Huawei restrictions are a sticking point in trade talks. Mnuchin also said there’s no change in the U.S.’s dollar policy “,” but wouldn’t rule out a shift in the future. His comments come as the Trump administration softens the long-held U.S. stance of supporting a strong dollar, instead favoring a stable exchange rate as it battles China in a trade war and threatens tariffs on other countries.. The company plans to record a $4.

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