ABU DHABI, United Arab Emirates -- Abu Dhabi hosted a major oil summit Monday, hours after the OPEC+ group of the cartel and its allies said it would halt further production increases planned in the first quarter of 2026 over concerns of too muc...

Samsung Electronics will cut memory chip production after estimating a 96% drop in its quarterly operating profit. The chip-making giant said sales had dropped sharply due to a slow global economy and less demand after Covid. Sam...

  Settling down in front of feel-good festive movies has become a modern Christmas tradition - and has driven the production of seasonal films to record-breaking levels this year. More than 200 new feature films and TV movies with ...

  A nuclear facility in Iran was hit by "sabotage" a day after it unveiled new uranium enrichment equipment, the country's top nuclear official says. Ali Akbar Salehi did not say who was to blame for the "terrorist a...

  Opec producers and allies have agreed to cut output by more than a fifth to counter the slump in demand caused by coronavirus lockdowns. The group said it would cut output in May and June by 10 million barrels to help prop up prices. The cut...

  Boeing will temporarily halt production of its troubled 737 Max airliner in January, the manufacturer said. Production of the jet had continued despite the model being grounded for nine months after two deadly crashes. More than 300 people ...

  Ford is to move US production of its new Ford Focus car to China in 2019, despite having faced pressure to keep manufacturing jobs in America. The carmaker said the decision would not lead to layoffs in the US. But the move marks another ch...