HONG KONG (Reuters) -A Tesla founder and former chief executive said on Tuesday it was a shame to hear that the automaker was scrapping its low-cost car plans amid fierce competition in China. Martin Eberhard was speaking at the HSBC Global Investment Summit in Hong Kong. On Friday, Reuters reported that Tesla was cancelling its long-promised inexpensive car that investors...

* Mobile World will remain the controlling shareholder * Shares of Mobile World up 5% on Tuesday * Vietnam is one of CDH Southeast Asia's priority markets (Adds deal adviser in paragraph 9, updates shares in paragraph 11, adds comments from Mobile World statement in paragraphs 12-13) By Yantoultra Ngui and Phuong Nguyen SINGAPORE/HANOI, April 9 (Reuters) - China's CDH...

04:14 AM EDT, 04/09/2024 (MT Newswires) -- Corebridge Financial ( CRBG ) said early Tuesday it has completed the sale of its UK life insurance business, operating as AIG Life, to Aviva. The company said the move allows it to focus on US life and retirement products and services. Price: 29.13, Change: +0.82, Percent Change: +2.9 ...

04:02 AM EDT, 04/09/2024 (MT Newswires) -- ASE Technology ( ASX ) reported Tuesday revenue of 45.66 billion new Taiwanese dollars ($1.42 billion) for the month of March, down from NT$45.78 billion a year earlier. Meanwhile, revenue for the quarter ended March 31 was NT$132.8 billion, up from NT$130.89 billion a year earlier. ...