Thursday, October 22, 2020

Huawei's growth slowed sharply due to US sanctions with Q3 revenue of $32.5B, up 3.7% YoY; revenue growth for 2020 so far is 9.9% compared to 24.4% in 2019 (Arjun Kharpal/CNBC)

Arjun Kharpal / CNBC:
Huawei's growth slowed sharply due to US sanctions with Q3 revenue of $32.5B, up 3.7% YoY; revenue growth for 2020 so far is 9.9% compared to 24.4% in 2019  —  - For the first nine months of the year, revenue totaled 671.3 billion yuan ($98.57 billion), up 9.9% from the 610.8 billion yuan reported in the same period last year.



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Russia's finance minister says Russian companies have begun using bitcoin and other digital currencies in international payments to counter Western sanctions (Gleb Bryanski/Reuters)

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