Simeone: Continued growth is what counts

After a shaky end to 2016, the Colchonero boss wants to see his players translate recent positive performances into an improvement in their league form
Diego Simeone believes Atletico Madrid must focus on recent positives as they look to reverse a poor run of form in La Liga.
Atletico have just th..

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Huawei forecasts slower revenue growth this year, greater uncertainties for 2017

For 2015, Chinese smartphone manufacturer Huawei had reported a revenue growth of 35%. However, for the ongoing year, the company expects the rate to be somewhere around 32%. This was revealed by Eric Xu, Huawei"s chief executive, in a New Year"s message to company employees.
“The year 2016 has seen a flock of black swans – both political and economic – sweep across the globe,” the CEO said. “Nevertheless, we have remained focused on our strategy and have patiently applied ourselves to making breakthroughs and creating real value for our customers.”
The company doesn"t seem too optimistic for the coming year as well. “In 2017, we will face even greater global political and economic uncertainties,” Xu said.
The company recently announced that global shipments of its P9 and P9 Plus smartphones have crossed the 10 million mark, making them Huawei"s first flagship series to hit the milestone.
Via

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Huawei"s revenue growth slowed down, compared to last year

Huawei has gained significant traction as a smartphone manufacturer around the globe this year. But despite having a good year in terms of smartphone sales, the company"s revenue growth has slowed down a bit, compared to 2015.
Last year Huawei saw a 35% revenue growth, while this year it report..

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UK third quarter GDP growth revised up to 0.6%

Image copyright Getty Images Image caption The current account deficit widened in the third quarter The UK economy grew by 0.6% in the third quarter, according to official figures, faster than previous estimates.
Growth for the July-to-September period had originally been estimated at 0.5%.
New data from the Office for National Statistics (ONS) suggested that the business and financial sector was more active than previously estimated.
The ONS also said that growth in the third quarter of the year was helped by “robust consumer demand”.
However, the ONS trimmed its estimates of growth in the first and second quarter of the year. It now says the economy grew by 0.3% in the first quarter, compared with an earlier figure of 0.4%, and cut its estimate for second-quarter growth to 0.6% from 0.7%.
Ruth Gregory, UK economist at Capital Economics, said the figures suggested that June"s Brexit vote had had little impact on the economy and that growth in the final quarter of the year wou..

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PMQs: Corbyn and May on economic growth, borrowing and debt

Jeremy Corbyn and Theresa May on growth, borrowing and debt in UK economy.

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Xiaomi"s Q3 sales hit 2 million milestone in India - an YoY growth of over 150%

Chinese smartphone manufacturer Xiaomi managed to sell over 2 million devices in India in Q3 this year, which translates into an year-on-year growth of more than 150%. This was revealed by the company"s India head Manu Kumar Jain in a tweet.
For the 1st time we surpassed 2+ Mn sales in one quarter (Q3 this year). A whopping 150+% YoY growth, from Q3 2015 to Q3 2016! @XiaomiIndia pic.twitter.com/9FElyK90Zw
— Manu Kumar Jain (@manukumarjain) November 28, 2016 This is the highest sales Xiaomi has registered in India ever since it entered the market in July 2014.
“Mi India has been warmly welcomed by users, which is why we are one of the fastest growing brands in the smartphone industry today – one out of every four smartphones sold online was Xiaomi,” Jain said.
As for the ongoing quarter (Q4), Xiaomi – which has now entered India"s offline market as well – already sold 1 million phones in the first 18 days of October. So, it"s likely that the firm will set a new sales r..

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