Vertiv Rides AI Boom To 26% Sales Growth, But Stock Slips On Mixed Outlook Vertiv Holdings Co (NYSE:VRT) shares are trading lower after the company reported fourth-quarter results. Net sales rose 26% year-over-year to $2.346 billion, beating the consensus of $2.151 billion. Organic orders (excluding FX) for the TTM ended December 2024 rose ~30% YoY, led by strong demand in the hyperscale…
Members of the Tennessee Aquarium‘s Board of Trustees have chosen Andrew Wood as their new president and CEO, beginning on March 31. Wood will become the fifth person to lead the Aquarium in its history, succeeding Keith Sanford, who retired at the end of 2024. A historical look at Tennessee Aquarium leadership: Bill Flynn (1989-1993)…
This is Washington Edition, the newsletter about money, power and politics in the nation’s capital. Today, Politics editor Laura Davison looks at President Donald Trump’s message to global leaders at the World Economic Forum. Sign up here and follow us at @bpolitics. Email our editors here. Few of the titans of industry and finance gathered…
Chinese Vice President Han Zheng met billionaire Elon Musk and other US business figures, underscoring Beijing’s efforts to set a positive tone in ties with the US before President-elect Donald Trump returns to office. Han said US firms were welcome in China during the sitdown in Washington on Sunday with Musk, who is Tesla’s CEO…
When two-Michelin-starred French restaurant Ecriture closed abruptly in September 2023, it reflected the struggles of top-end restaurants amid Hong Kong’s slow recovery from the pandemic. Just over one year on, the latest incarnation at Ecriture’s old spot at the top floor of H Queen’s building in Central is Omaroo Grill, the fifth outlet of Wooloomooloo…
Chinese President Xi Jinping will skip US President-elect Donald Trump’s inauguration on Monday but will send Vice President Han Zheng instead, the country’s Foreign Ministry said. An announcement Friday from an unnamed ministry spokesperson confirming Han’s participation said China wanted a “stable, healthy and sustainable relationship” with the US and was ready to work with…
Hong Kong billionaire Michael Kadoorie has approached investors to raise at least $50 million (HK$389 million) to fund efforts to boost the city’s image, according to people familiar with the matter. The chairman of CLP Holdings Ltd., the city’s top electricity provider, has in recent months pitched several high-profile business leaders on a project that…