Bloomberg Theresa May’s hope of uniting her Conservative Party behind an agreed position on Brexit seemed to be in danger only two days after she set it out, with reports that Foreign Secretary Boris Johnson was unhappy about aspects of her proposed transition as the UK leaves the European Union. Allies of Johnson said his hints last week that he ...

Bloomberg North Korea’s foreign minister unleashed a torrent of criticism at the United Nations General Assembly in response to President Donald Trump’s speech at the same venue, saying Pyongyang is ready for a preemptive nuclear attack if needed. Ri Yong Ho’s comments came hours after US Air Force bombers flew over international waters east of North Korea, and a tremor ...

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 ...

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 ...

Bloomberg Norwegian Air “is not long for this world,” says Michael O’Leary, the chief executive of Ryanair Holdings Plc, itself in turmoil thanks to a pilot-staffing pinch that’s killed travel plans for hundreds of thousands of customers. “That’s just nonsense,” says Norwegian CEO Bjorn Kjos. Norwegian is under investor scrutiny given its large order of more than 200 aircraft, split ...

Bloomberg L’Oreal SA shares surged the most in seven years on speculation that the death of the founding family’s matriarch, Liliane Bettencourt, could clear up the cosmetics maker’s ownership through a takeover or a buyback. Bettencourt’s death raises questions about the stake Nestle SA has held in the French company for more than four decades. Her passing makes it more ...

Bloomberg Amazon.com Inc. may soon bring Shake Shack burgers and Chipotle burritos to your door as it pushes deeper into the growing market for restaurant delivery. The e-commerce titan has been working to crack the code on food delivery for at least a decade. Now that Amazon has a major toehold in the grocery industry following its $13.7 billion acquisition ...

Bloomberg China slapped fresh sanctions on North Korea, curbing some oil product exports to the country, after US President Donald Trump ordered new sanctions this week. China halted the outbound shipment of condensate and liquefied natural gas to North Korea from Saturday, and will limit exports of refined oil products from Oct. 1, the Ministry of Commerce said in a ...