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Tesla fourth-quarter registrations in California jump 63%: data

Tesla Inc’s vehicle registrations in the U.S. state of California jumped nearly 63% during the fourth quarter compared with last year, largely due to the success of the company’s Model Y, according to data from Cross-Sell here, a research firm that collates title and registration data. The automaker reported better-than-expected 2020 vehicle deliveries earlier this month,…

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Biden takes sweeping Day One action on energy, climate, immigration

U.S. President Joe Biden on Wednesday began signing 15 executive actions addressing the coronavirus pandemic, climate change and racial inequality, and undoing some policies put in place by his predecessor Donald Trump. The actions, fulfilling his promise to move quickly on Day One of his presidency, initiate the process of the United States rejoining the…

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Total trade decreases by 1.7 per cent y-o-y

Brunei’s total trade for October 2020 has decreased to $1,470 million from $1,495 million in the previous year, marking a decrease of 1.7 per cent year-on-year (y-o-y). According to the latest International Merchandise Trade Statistics (IMTS) by Department of Economic Planning and Statistics (DEPS), the figure comprises exports valued at $537.9 million and imports amounting…

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Netflix forecasts an end to borrowing binge, shares surge

Netflix Inc said on Tuesday its global subscriber rolls crossed 200 million at the end of 2020 and projected it will no longer need to borrow billions of dollars to finance its broad slate of TV shows and movies. Shares of Netflix rose nearly 13% in extended trading as the financial milestone validated the company’s…

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Ibra double makes Milan ‘winter champions’

A double by Zlatan Ibrahimovic gave AC Milan a 2-0 win at Cagliari on Monday and made sure they will hold the symbolic title of ‘winter champions’ that goes to the team in the lead at the Serie A season’s half-way mark. Milan have 43 points from 18 games, three more than second-placed Inter, who…

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