Reuters

HANOI (Reuters) - Vietnam's legislature on Thursday approved the resignation of National Assembly chairman Vuong Dinh Hue, state media reported, the latest top official to step down amid an intensifying anti-graft crackdown by the ruling Communist Party.

Hue's departure, which had already been announced last week by the party's central committee, leaves Vietnam with no permanent holders for two of its four top leadership positions, after president Vo... (continue reading...)

By Louise Rasmussen

COPENHAGEN (Reuters) - Orsted, the world's biggest offshore wind farm developer, reported on Thursday a rise in first-quarter operating profit thanks to higher earnings from its offshore wind farms, and confirmed its full-year guidance.

The offshore wind industry has been struggling with rising inflation, interest rate hikes and supply chain delays.

Following a strategic review of its business, Orsted,... (continue reading...)

(Reuters) -U.S. drugmaker Regeneron Pharmaceuticals Inc missed Wall Street estimates for first-quarter profit on Thursday due to softer sales of its blockbuster eye drug Eylea and its eczema treatment, Dupixent.

Excluding items, the company reported a profit of $9.55 per share for the quarter, compared with analysts' estimates of $10.09 per share, according to LSEG data.

Regeneron has been looking to switch Eylea patients to the high-dose... (continue reading...)

Thomson Reuters beat revenue expectations and raised its annual financial forecast on Thursday as it continued to invest heavily in artificial intelligence.

The Toronto-based news and information provider reported first quarter revenue up 8% to $1.88 billion, from $1.74 billion a year earlier. Wall Street expected $1.85 billion in the quarter, according to LSEG.

Operating profit, which rose 10% to $557 million, fell short of expectations of... (continue reading...)

By Chibuike Oguh

NEW YORK (Reuters) - Apollo Global Management said on Thursday its first-quarter adjusted net income rose 26% year-on-year, driven mostly by growth in management fees as well as earnings from its flagship annuities business.

Adjust net income rose to $1.1 billion, up from $825 million a year earlier. That translated to adjusted net income per share of $1.72, which came in slightly lower than the average Wall Street... (continue reading...)