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Huawei reports 3.8% revenue growth in 2020

Chinese telecom giant Huawei said Wednesday it saw growth in both revenue and profit in 2020, up by 3.8% and 3.2% respectively, meeting company targets.

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'It's one of the worst things that can happen' – Qatar Airways CEO

01:15 Of all the sectors most affected by the COVID-19 pandemic, the airline industry has been of the hardest-hit.Hundreds of thousands of jobs have been cut or furloughed, with billio

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Cuban government looks to export medical services to China

02:26 Cuba has found a major source of revenue in exporting medical services in the past few years. But recently, several Latin American countries broke deals with Cuba, and so the gov

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Half a billion pounds: Report reveals record Premier League club profits

EnglishPremierLeagueclubsenjoyedrecordprofitslastseason,accordingtoareportpublishedFridaybyfinancialconsultantsDeloitte.ThereportsaidthePremierLeaguemadeacollec

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US music sales hit decade high as streaming soars

MusicsalessoaredanewlastyearintheUnitedStatesbackedbytheriseofstreaming,bringingrevenuetoalevellastseenadecadeago,theindustrysaidThursday.TheRecordingIndustryAs

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Chinese telecom companies lead WDM Metro equipment market in 2017

Chinesehi-techtelecommunicationscompanies,suchasHuaweiTechnologiesCo.,Ltd.(Huawei)andZTECorporation(ZTE)leadthebillion-U.S.-dollarfiber-opticmarketofwavelength-

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Apple reports all-time high revenue in 4th quarter

U.S.tophi-techleaderApplesaidThursdaythatithasachievedanall-timehighrevenueforitsfiscalfourthquarterendedSept.30,2017,withanincreaseof12percent.TheSilicon-Valle

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Manchester United retain top spot in Deloitte 'Money League'

ManchesterUnitednarrowlypippedRealMadridtoremainthetoprevenue-generatingclubintheworldasPremierLeaguesidesunderlinedtheirgrowingfinancialclout,Deloitte's"MoneyL

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Sri Lanka’s cash-strapped national airline says it recorded profits

ByAPDwriterEaswaranRutnamCOLOMBO,Jan22.(APD)–SriLanka’scash-strappednationalairline,SriLankanAirlines,onMondaysaidthatithadachievedthehighestevermonthlyrevenuei

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China's game sales of 2017 tops the world's game revenue

Chineseconsumershavespentmoreongamesin2017,saidaChinaGamePublishersAssociationPublicationsCommittee's(GPC)recentreport.Thegameindustry'ssalesincomereached203.6b

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Nokia signs patent licensing deal with Huawei, shares rise

NokiasaidonThursdayithadsignedamulti-yearsmartphonepatentlicensedealwithChina’sHuawei[HWT.UL],completingitslistofagreementswiththeworld’slargesthandsetmakers.Th

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Chinese social media giant Sina Weibo reports surging Q3 revenue

ChinesesocialmediagiantSinaWeiboreportedrevenuegrowthinthethirdquarter(Q3)of2017beatingexpectations,duetostrongadvertising,marketingandusergrowth.TheTwitter-lik

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Samsung's Q3 earnings hit record quarterly high on brisk chip sales

SamsungElectronics,SouthKorea'stechbehemoth,hitanewquarterlyhighinthethird-quarterearningsthanksmainlytobrisksalesofsemiconductors.Operatingprofitreachedafreshh

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China's cultural industry posts double-digit revenue growth in Jan.-Sep.

RevenuefromChina'sculturalindustryjumped11.4percentyear-on-yeartoreach6.8trillionyuan(about1trillionUSdollars)duringthefirstthreequartersof2017,theNationalBurea

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China's cultural industry posts double-digit revenue growth in

RevenuefromChina'sculturalindustryjumped11.4percentyear-on-yeartoreach6.8trillionyuan(about1trillionUSdollars)duringthefirstthreequartersof2017,theNationalBurea

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JPMorgan beats, shrugs off tough trading quarter

JPMorganChasereportedthird-quarterearningsonThursday,anditbeatWallStreetestimates.Thebankpostedearningsof$1.76ashare,abovethe$1.65consensus,withtheconsumerandco

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BRICS nations generate 45% of Lenovo's revenue

LenovoisseeingimpressivegrowthinBRICSnations,astheChinesetechgiantstepsupeffortstotapintothesmartphoneandpersonalcomputermarket.LenovoChairmanYangYuanqingsaidre