Bloomberg South Africa’s rand headed for its weakest level in more than two years after data showed the country’s economy had slipped into a recession for the first time since 2009. Government bonds fell the most in 10 months as credit risk jumped and stocks took a hit. The rand slumped as much as 3.2 percent, leading emerging-market currency declines …

Bloomberg The top solar manufacturers in China are boosting production capacity, betting higher output will help them seize a bigger chunk of the global market that is set for its first-ever annual contraction. JinkoSolar Holding Co., which has lost almost half its market value this year, is ramping up cell and panel capacity and targeting higher-quality production, Qian Jing, vice …

Bloomberg Europe’s strategic energy reserves shouldn’t be all about oil. As natural gas gains ground in the global energy transition, the cleanest fossil fuel should be allowed to replace some compulsory crude and oil product storage, according to Thierry Bros, a senior research fellow at the Oxford Institute for Energy Studies (OIES). That would help the region use some of …