Bloomberg Russia breached its oil-output quota agreed with OPEC for a third straight month as the producing alliance prepares for crucial talks this month on increasing supplies. Oil output averaged 10.97 million barrels a day in May, almost unchanged from a month earlier, according to data emailed by the Energy Ministry’s CDU-TEK statistics unit. That means its compliance with the ...

Bloomberg President Donald Trump wanted more US solar manufacturing — and now he’s getting it. Hanwha Q Cells Korea said it will build a factory in Georgia. JinkoSolar Holding Co. of China is planning one in Florida. And US companies SunPower Corp. and First Solar Inc. say they’ll boost production in Oregon and Ohio. The expansion underscores how immediate the ...

Bloomberg Even as defense ministers and military chiefs meeting in Singapore called out China for parking missiles on outposts in the disputed South China Sea, a bigger potential China-related hot spot looms. Concern about Taiwan — and recent sparring between Beijing and Washington over the democratically run island — percolated discussions at the annual IISS Shangri-La Dialogue, which was otherwise ...