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 …