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 ...

Bloomberg Imagine if Facebook Inc. founder Mark Zuckerberg announced he was unplugging from the internet to save time. That’s how private-jet industry executives feel about General Electric Co.’s cost-cutting move to sell the bulk of its corporate fleet. GE’s plan to shed five company-owned planes flies in the face of the boardroom axiom that such aircraft are time- and money-saving ...