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Tesla third-quarter registrations in California drop 13per cent: data

Tesla Inc's vehicle registrations in the U.S. state of California dropped 13per cent in the third quarter compared with last year, according to data from Cross-Sell https://www.cross-sell.com, a research firm that collates title and registration data.

Markets

Starboard says it now owns 9per cent of ACI Worldwide, stock gains

Activist investor Starboard Value boosted its stake in ACI Worldwide Inc to 9per cent, according to a regulatory filing made on Monday that helped push the payment systems company's stock up more than 3per cent in afterhours trading.

Markets

Commentary: Options are running out to revive the global economy. Not even China can help this time

With private sector confidence depleted and the struggle to contain the virus far from over, the risks of long-lasting economic scarring are on the rise, says an observer.

Markets

Growing interest in alternative financing amid COVID-19

With sales down and unemployment on the rise, individuals and businesses are turning to loans. Outside of banks, some companies have also stepped up to offer loans to their customers or merchants. Money Mind explores why these companies are willing to take on the risks.

Markets

Demand for green bonds expected to continue despite COVID-19 setback

Demand for green bonds is expected to continue gaining in traction albeit a dip during the COVID-19 pandemic, as companies place more emphasis on responsible investing and the environment. Money Mind reports.

Markets

GM plans investments to expand electric vehicle production

General Motors Co is expected to announce on Tuesday significant investments to expand production of electric vehicles at a factory in Spring Hill, Tennessee and potentially other sites.

Markets

Singapura Finance to invest US$3m in MatchMove’s digital bank unit

FINANCE company Singapura Finance is investing US$3 million in MatchMove PowerBank (S) Pte Ltd (Power-Bank), a wholly owned subsidiary of homegrown digital payments start-up, MatchMove Pay.

Markets

IBM revenue edges past estimates on cloud strength

International Business Machines Corp edged past Wall Street estimates for quarterly revenue on Monday, bolstered by higher demand for its cloud computing services from companies speeding up their digital shift due to the coronavirus pandemic.

Markets

Disneyland unions tell California governor resort can be reopened safely

Unions representing over 10,000 Disney theme park workers have told California Governor Gavin Newsom that the Disneyland Resort in Anaheim, California, can safely reopen when its location moves into the state's "orange tier" of COVID-19 test positivity and adjusted case rate.

Markets

BMW says third-quarter cash flow in auto segment was above expectations

BMW on Monday said rebounding markets helped the German carmaker to deliver higher-than-expected free cash flow in the automotive segment during the third quarter.

Markets

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