Bloomberg New Zealand Prime Minister Bill English has claimed a mandate to form the next government after winning the biggest slice of the vote in Saturday’s election, even as opposition leader Jacinda Ardern refuses to concede defeat. While English’s ruling National Party fell short of a majority and will need the support of the nationalist New Zealand First Party to …

Bloomberg Republican tax negotiators are targeting a corporate tax rate of 20 percent, according to two people familiar with the matter. That would be higher than President Donald Trump wants—setting up a key decision for the president on a top legislative priority. Trump has called for cutting the corporate rate to 15 percent, down from the current 35 percent. The …

Reuters Shares of Abu Dhabi-listed Dana Gas fell sharply on Sunday after news that a London court hearing on its maturing sukuk issue would resume, while Qatar’s bourse bucked a general downtrend in the region. After several delays last week, a London High Court trial on the validity of $700 million of sukuk issued by Dana will go ahead on …