Indian billionaire investor Rakesh Jhunjhunwala says he's very upbeat about his country's growth potential after the country underwent a massive banking crisis and the rollout...Asia Economyread more
There's more pain ahead for the U.S. and China amid their bilateral trade dispute, according to one expert.China Politicsread more
The U.S. government on Monday temporarily eased some trade restrictions imposed recently on China's Huawei, a move that sought to minimize disruption for the telecom company's...Technologyread more
You know there's an underlying problem when investment firms start to cut exposure to a particular asset class.Commentaryread more
Stocks in Asia were mostly higher on Tuesday as a temporary reprieve in U.S.-China trade tensions provided a breather.Asia Marketsread more
The issue of corporate debt has surfaced as companies continue to use the low rates the Fed has provided to lever up their balance sheets.The Fedread more
A record 257.4 million travelers are expected to opt for U.S. airlines for travel this summer, the 10th consecutive annual increase, a trade group forecast on Tuesday.Airlinesread more
Huya, a Chinese live streaming platform focused on gaming, is looking to expand into the U.S. in the next couple of years, CEO Rongjie Dong told CNBC. The U.S. is expected to...Technologyread more
Most U.S. hedge funds aren't expecting another big stock market sell-off as more firms curb bets on volatility, according to Nomura.Marketsread more
Mall owners are increasingly building out food halls with local chef-driven eateries, sushi bars and premium coffee shops.Retailread more
While Trump's lawyers had argued that the committee's subpoena did not have a legitimate legislative purpose — and was therefore invalid — Mehta took a broader view.Politicsread more
BlackBerry's CEO expects software revenue at the tech company to double next year from about $250 million this fiscal year.
On Friday, BlackBerry reported a smaller quarterly loss in an early sign that its drawn-out turnaround efforts might be working.
After the earnings announcement, the company's shares initially rose in pre-market trading but later fell. (Get the latest quote here.)
The Waterloo, Ontario-based company reported a net loss of $207 million, or 39 cents per share, for the second quarter ended Aug. 30. That compared with a year-earlier loss of $965 million, or $1.84 per share.
Excluding items, the company posted a second-quarter loss of 2 cents a share, compared to a loss of 47 cents per share in the year-earlier period.
Revenue decreased to $916 million from $1.57 billion a year ago.
Analysts had expected the company to report a loss ex-items of 16 cents a share on $950 million in revenue, according to a consensus estimate from Thomson Reuters.
Blackberry said it continues to anticipate maintaining its strong cash position, while increasingly looking for opportunities to invest in growth. The company reiterated that it targets break-even cash flow results by the end of fiscal 2015.
Earlier this week, BlackBerry unveiled its new Passport smartphone, as it looks to regain market share from Apple and prove that its handsets can compete in the iPhone-dominated market.
The Passport, which comes with a U.S. price tag of $599 without a contract, received mixed reviews because of its block-shaped structure and incompatibility with popular apps like Instagram.
The company highlighted the phone's large touchscreen and said its modified version of the company's beloved keyboard made it ideal for reviewing and editing documents.
The Canada-based firm also rolled out its new Blend feature, which aims to allow users to seamlessly bridge messaging and content between a host of devices irrespective of operating systems.
Read MoreBlackBerry's make-or-break moment
Earlier this month, BlackBerry acquired the U.K.-based mobile tech firm Movirtu, which makes software that allows for multiple phone numbers on the same device. In July, the company acquired Secusmart, a voice and data encryption business.
BlackBerry CEO John Chen said in April that the company's handset unit could return to profit on sales of as few as 10 million devices a year. Rival Apple said it sold 10 million new iPhone 6 models in its first weekend.
The volatile stock closed nearly 7 percent lower on Thursday, but shares have gained roughly 22 percent over the last 12 months.
—Reuters contributed to this report.