Couple randomly attacked, 1 stabbed, by group of teens in Toronto, police say
A man has been transported to hospital after police say he was stabbed in a random attack carried out by a group of teens in Toronto on Friday night.
Chinese tech giant Huawei said Friday its revenue fell in the first half of 2022 but new ventures in autos and other industries helped to offset a decline in smartphone sales under U.S. sanctions.
Revenue fell 5.9 per cent from a year earlier to 301.6 billion yuan (US $44.8 billion) in the six months through June 30, according to the company, the biggest maker of network gear for phone and internet carriers. It gave no profit but said its profit margin was 5 per cent, which would be about 15 billion yuan ($2.2 billion).
Huawei Technologies Ltd., China's first global tech brand, has struggled since then-President Donald Trump blocked access to U.S. processor chips and other technology in 2019. The company denies American accusations it is a security risk and might facilitate Chinese spying.
Huawei, headquartered in Shenzhen, near Hong Kong, has stepped up development of network technology for autos, hospitals, mines and manufacturing. It says that is now less vulnerable to U.S. sanctions.
"While our device business was heavily impacted, our ICT infrastructure business maintained steady growth," Ken Hu, one of three executives who take turns as chairman, said in a written statement.
The first-half sales decline was an improvement over a 14 per cent drop reported for the first three months of the year. The profit margin was wider than the first quarter's 4.3 per cent.
Sales by Huawei's device unit, which includes smartphones, fell 25.3 per cent from a year earlier to 101.3 billion yuan ($15 billion). Sales of network equipment to telecom carriers and companies rose.
Huawei reported a 113.7 billion yuan ($17.8 billion) profit last year but said revenue plunged 28.6 per cent from 2020.
Its auto venture has played a role in five models released by three Chinese automakers. Huawei supplies components and software for navigation, dashboard displays, managing vehicle systems and other services.
Huawei, founded in 1987, says it is owned by the Chinese citizens who make up half of its global workforce of 195,000. It started announcing financial results a decade ago in an effort to defuse Western security concerns about the company.
Also Friday, Huawei expressed concern about a new U.S. law, the "CHIPS and Science Act," which promises aid to companies that invest in processor chip production in the United States. It is intended to reduce U.S. reliance on Taiwan, which produces most of the world's high-end chips, and China, which assembles most smartphones and other electronics.
Any measure that reduces global industry collaboration "will greatly hinder scientific and technological innovation," Huawei said in a statement.
A man has been transported to hospital after police say he was stabbed in a random attack carried out by a group of teens in Toronto on Friday night.
Ron Ellis, who played over 1,000 games with the Toronto Maple Leafs and was a member of Canada's team at the 1972 Summit Series, has died at age 79.
The wildfire that sparked Friday and caused evacuation orders for more than 3,000 people in Fort Nelson, B.C., and the nearby Fort Nelson First Nation, has grown to nearly 1,700 hectares in size, according to a Saturday morning update from the BC Wildfire Service.
Hours before the final, Dutch contestant Joost Klein was dramatically booted out by organizers over a backstage incident. He had failed to perform at two dress rehearsals on Friday, and contest organizer the European Broadcasting Union said it was investigating an "incident."
From London, to Grand Bend, Collingwood and Guelph, here are some highlights of Friday night and Saturday morning's northern lights display.
A growing number of civilians and police officers are demanding the dismissal and arrest of Haiti's police chief as heavily armed gangs launched a new attack in the capital of Port-au-Prince, seizing control of yet another police station early Saturday.
Irresponsibly using a credit card can land you in financial trouble, but personal finance columnist Christopher Liew says when used properly, it can be a powerful wealth-building tool that can help grow your credit profile and create new opportunities.
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The rolling hills leading to the hamlet of Rosebud are dotted with sprawling farms and cattle pastures -- and a sign sporting a simple message: No Race Track.
A family of fifth generation farmers from Ituna, Sask. are trying to find answers after discovering several strange objects lying on their land.
A Listowel, Ont. man, drafted by the Hamilton Tigercats last week, is also getting looks from the NFL, despite only playing 27 games of football in his life.
The threat of zebra mussels has prompted the federal government to temporarily ban watercraft from a Manitoba lake popular with tourists.
A small Ajax dessert shop that recently received a glowing review from celebrity food critic Keith Lee is being forced to move after a zoning complaint was made following the social media influencer’s visit last month.
The Canada Science and Technology Museum is inviting visitors to explore their poop. A new exhibition opens at the Ottawa museum on Friday called, 'Oh Crap! Rethinking human waste.'
The Regina Police Service says it is the first in Saskatchewan and possibly Canada to implement new technology in its detention facility that will offer real-time monitoring of detainees’ vital health metrics.
Just as she had feared, a restaurant owner from eastern Quebec who visited Montreal had her SUV stolen, but says it was all thanks to the kindness of strangers on the internet — not the police — that she got it back.
The stakes have been set for a bet between Vancouver and Edmonton's mayors on who will win Round 2 of the Stanley Cup playoffs.
A grieving mother is hosting a helmet drive in the hopes of protecting children on Manitoba First Nations from a similar tragedy that killed her daughter.