While the U.S. gave Huawei a 90-day reprieve, allowing American businesses to keep selling specific products to the Chinese firm, it also added more affiliates of the...Technologyread more
The attacks come after state and local ransomware attacks in New York, Louisiana, Maryland and Florida resulted in the loss of significant sums.Technologyread more
United States Steel Corp will temporarily lay off hundreds of workers at its Great Lakes facility in Michigan in coming weeks, according to a filing the steelmaker made with...US Marketsread more
While Hong Kong leader Carrie Lam painted a bleak picture of the city's economy, she expressed hope that dialogue with protesters could provide "a way out."China Politicsread more
China's pursuit of the Middle East may spur growth in the Islamic finance sector.World Economyread more
Twitter and Facebook have suspended accounts believed to be tied to a state-backed disinformation campaign originating from inside China.Technologyread more
U.S. President Donald Trump and his former White House communications director Anthony Scaramucci have had a public falling out recently.Politicsread more
The report comes as Trump in recent days has lashed out over media reports about growing recession fears.Politicsread more
Beijing will lower borrowing costs for companies, but that may not boost the economy as much as some hope.China Economyread more
Stocks are bouncing higher but could be trapped in a range longer term, until there's a resolution of the trade wars.Market Insiderread more
Stocks in Asia were mixed on Tuesday, as the People's Bank of China published its new loan prime rates which would result in cheaper borrowing costs for companies.Asia Marketsread more
Troubled smartphone group BlackBerry has confirmed that it took delivery of a private jet in July, just months before it announced thousands of job cuts and said it expected to make an operating loss of almost $1 billion in the second quarter.
The company said it had ordered a used Bombardier Global Express jet this year to replace its two older Dassault planes, which it purchased several years ago.
This type of plane, which carries between 15-19 passengers, typically costs more than $20 million, according to the Financial Times.
(Read more: BlackBerry to slash 4,500 jobs in restructuring)
The purchase comes despite the Canadian company – which once dominated the smartphone market – battling to keep up with rivals such as Apple and Samsung, which have steadily eaten away at its market share.
"The company considered several options and selected a used Bombardier aircraft, which was eventually delivered in July," the company said in a statement.
"In light of the company's current business condition, the company has decided to sell that aircraft along with the two legacy aircraft and will no longer own any planes."
On Friday, the struggling company announced second-quarter preliminary earnings and revenue that came in below analyst expectations.
(Read more: Record iPhone debut isn't a 'victory lap' yet: Pro)
Daniel Gleeson, mobile analyst at IHS Electronic & Media, said the decision to buy the jet showed just how wrong the company had got its own forecasts.
"Judging from both the corporate jet purchase and the write-down of smartphone inventory, BlackBerry was very overconfident," he told CNBC on Monday. "The purchase of the jet is particularly worrying as the company should have seen this coming at the start of its most recent quarter."
Also in its preliminary results, BlackBerry said it expected to report an operating loss of between $950 million-$995 million for the period, given the "increasingly competitive business environment." The company's full results for the second quarter will be published on Friday.
BlackBerry also revealed plans to slash 4,500 jobs – more than 40 percent of its workforce – as part of a massive restructuring operation which it hopes will reduce its operating expenditures by half by the end of the first quarter of the next fiscal year.
(Read more: Apple iPhone 5C orders 'not overwhelming')
Nomura's global communications equipment analysts Stuart Jeffrey and Woo Jin Ho were unimpressed with BlackBerry's preliminary results.
"This might just be the worst miss that we have seen in 17 years of covering tech stocks," they wrote in a research note on Monday.
There has been speculation about a possible sale of the company. Earlier this month, Dow Jones reported the struggling handset maker was looking to auction itself off.
Jeffrey and Jin Ho, however, added: "The pace of decline in Q2 (second quarter) must, we presume, make a successful sale even harder than before."
Following a temporary halt in the trading of BlackBerry shares on Friday, the stock plunged by 23 percent to $8.06, before recovering slightly. BlackBerry shares closed down 17.1 percent at $8.83 on Friday.
—ByCNBC's Katrina Bishop. Follow her on Twitter