Bloomberg Cofco Corp.’s Matt Jansen quit as the head of its international commodity trading unit, the latest setback to the ambitions of China’s biggest food company to create an agriculture merchant to rival the world’s largest. The firm named Cofco Vice President Jingtao Chi as his replacement. Jansen, who became chief executive officer of Cofco Agri Ltd. less than ...

  Bloomberg Chinese authorities plan to propose that this year’s fiscal deficit stay at 3 percent of gross domestic product, unchanged from 2016, according to people familiar with the matter, signaling further tolerance for slower economic growth. The budget deficit, usually announced in March, requires approval by the National People’s Congress and is subject to change, said the people, who ...

  BEIRUT / AP At least 43 people were killed when a car bomb ripped through the center of a busy commercial district of a rebel-held Syrian town along the Turkish border, damaging buildings and leaving rescue workers searching for survivors amid the wreckage, activists and rescue workers said. The explosion went off early Saturday afternoon outside a local court ...