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☆ Cable makers are green investing’s dark horses
▼ + stars: | 2023-09-28 | by ( Lisa Jucca | ) www.reuters.com time to read: +4 min

An electrical power pylon with high-voltage power lines is seen next to wind turbines near Weselitz, Germany November 18, 2022. Moving away from fossil fuels will require laying thousands of new and stronger power lines carrying electricity from source to end users. Putting the additional earnings on Prysmian’s expected EBITDA multiple for 2026 of 8 times would generate an additional enterprise value of 2 billion euros, nearly 20% above today’s 11.6 billion euros. One potential snag is that cable makers’ annual capacity for high-voltage cables is currently only 6 billion euros per year. The volume of high-voltage cable orders has risen to more than 10 billion euros last year from around 3 billion euros in 2019, according to industry and analyst estimates.

Persons: Lisi Niesner, Prysmian, George Hay, Streisand Neto Organizations: REUTERS, Reuters, International Energy Agency, JPMorgan, Reuters Breakingviews, Thomson Locations: Weselitz, Germany, Europe, North America, Britain, Denmark, China

CNN —Germany announced Wednesday that it is ramping up its border controls with neighboring Poland and the Czech Republic to “limit human trafficking,” as the country faces fierce debate on its migration policy while asylum applications surge. Police will carry out “additional flexible checks and mobile controls along the smuggling routes at the borders with Poland and the Czech Republic,” Interior Minister Nancy Faeser told the press. The announcement came as the interior minister raised the possibility of implementing fixed controls along the borders with its two eastern neighbors this week. Until now, the southern state of Bavaria on the Austrian border was the only part of Germany with stationary border controls, a legacy of the 2015-2016 migration crisis when Europe’s leading economy took in over a million refugees. “We are fighting to keep internal border controls open within the European Union.

Persons: CNN —, Nancy Faeser, Lisi Niesner, Chancellor Olaf Scholz’s, Faeser, Italy –, Berlin’s, ” Alexander Handschuh, Handschuh, Angela Merkel’s Organizations: CNN, Police, ”, Immigration, Scholz’s Social Democratic Party, European Union, Office, Migration, Refugees, German Federal Police, German Association of Towns Locations: Poland, Czech Republic, Czech, Bavaria, Austrian, Germany, Polish, Forst, Hesse, Italy, Berlin, –, Brussels, “, Ukraine, Municipalities

☆ Germany announces extended border controls from this week
▼ + stars: | 2023-09-27 | by ( ) www.reuters.com time to read: +1 min

[1/2] A suspected illegal migrant is searched after he was detained by German police during their patrol along the German-Polish border to prevent illegal migration, in Forst, Germany, September 20, 2023. REUTERS/Lisi Niesner Acquire Licensing RightsBERLIN, Sept 27 (Reuters) - Germany will introduce extended border controls with Poland and the Czech Republic this week to curb illegal migration, the interior minister said on Wednesday, as a surge in migrant arrivals exposes the cracks in the European Union's asylum system. Germany, which took in around 1 million Ukrainian refugees over the past year, has also seen a sharp rise in asylum seekers from other regions. Germany's neighbour Poland on Tuesday began conducting checks on some vehicles crossing the Slovak border, suspecting they could be carrying illegal migrants. Reporting by Alexander Ratz, Writing by Rachel More, editing by Kirsti KnolleOur Standards: The Thomson Reuters Trust Principles.

Persons: Lisi Niesner, Nancy Faeser, Alexander Ratz, Rachel More, Kirsti Organizations: REUTERS, Rights, Thomson Locations: Forst , Germany, Germany, Poland, Czech Republic, Berlin, North Africa, Lampedusa, Germany's

[1/2] A suspected illegal migrant is searched after he was detained by German police during their patrol along the German-Polish border to prevent illegal migration, in Forst, Germany, September 20, 2023. In August, registered illegal border crossings to Germany reached 14,701, up 66% on the same month last year, police data shows. Czech police have increased random checks on the Slovak border as well as on highways to Germany, Czech police president Martin Vondrasek said. LAMPEDUSA CRISISAs well as the increase in illegal border crossings, Germany has also taken in around 1 million Ukrainian refugees over the past year. Previously, there have been random police checks on the borders and Germany has maintained stationary controls on the Bavarian border with Austria since 2015.

Persons: Lisi Niesner, Nancy Faeser, Martin Vondrasek, Markus Soeder, Rome, Faeser, Piotr Muller, Alexander Ratz, Sarah Marsh, Alan Charlish, Anna Wlodarczak, Jan Lopatka, Rachel More, Kirsti Knolle, Alison Williams Organizations: REUTERS, Faeser, Social Democrats, Reuters, Warsaw, Thomson Locations: Forst , Germany, Poland, Czech Republic, BERLIN, Germany, Berlin, Czech, Bavaria, Hesse, Bavarian, Austria, North Africa, Lampedusa, Italy, EU, Europe

☆ Germany to halve federal aid for refugees next year - sources
▼ + stars: | 2023-09-25 | by ( ) www.reuters.com time to read: +2 min

Migrants who were found in a van by police during their patrol along the German-Polish border to prevent illegal migration, gather near Forst, Germany, September 20, 2023. REUTERS/Lisi Niesner/File Photo Acquire Licensing RightsBERLIN, Sept 25 (Reuters) - Germany plans to halve the federal aid it allocates for states to cover expenses of receiving and integrating refugees next year as part of budget-tightening amid soaring inflation after years of generous spending, sources told Reuters on Monday. The federal government did not promise that it will match 2023 funding in the following years. The government will eliminate its contribution to the costs of caring for and integrating Ukrainian refugees as well, the sources added. ($1 = 0.9447 euros)Reporting by Andreas Rinke Writing by Riham Alkousaa and Sharon SingletonOur Standards: The Thomson Reuters Trust Principles.

Persons: Lisi Niesner, Andreas Rinke, Riham Alkousaa, Sharon Singleton Organizations: REUTERS, Rights, Reuters, Thomson Locations: Forst, Germany, Ukraine, Berlin

☆ Ukraine 'ready for winter loads' after repairs to energy system
▼ + stars: | 2023-09-13 | by ( ) www.reuters.com time to read: +2 min

Sergij Ovchynnikov, a worker of electricity company Khersonoblenergo, replaces the power cord of a pylon amid Russia's invasion of Ukraine, in Pravdyne, Kherson region, Ukraine, February 23, 2023. REUTERS/Lisi Niesner/File Photo Acquire Licensing RightsKYIV, Sept 13 (Reuters) - Ukraine has nearly completed repairs of its power systems following Russian air strikes on energy infrastructure last winter, and is ready for the coming winter, a senior energy official said on Wednesday. "We have installed all the equipment we planned and we are ready for the winter loads," Volodymyr Kudrytskiy, head of state-owned Ukrenergo power grid operator, told national television. Kudrytskiy said there was a 'high risk' of new attacks on the county's energy system this winter, but that Ukrainian air defences were much stronger now. He said the pace of repairs this year was six to seven times quicker than the average time for repairs before Russia's full-scale invasion in February 2022.

Persons: Sergij, Lisi Niesner, Volodymyr Kudrytskiy, Kudrytskiy, Ukrenergo, Pavel Polityuk, Timothy Organizations: REUTERS, Rights, Timothy Heritage, Thomson Locations: Ukraine, Pravdyne, Kherson region

☆ Martin wins San Marino GP as rivals chip away at Bagnai's championship lead
▼ + stars: | 2023-09-09 | by ( ) www.reuters.com time to read: +3 min

Martin took the chequered flag 1.445 seconds ahead of VR46 Racing's Bezzecchi to claim his third sprint win of the season. World champion Bagnaia finished third. Bagnaia is top of the riders' standings with 267 points, with Martin (222) in second and Bezzecchi (196) in third. Martin's sprint win reduced the gap to Bagnaia by five points, while Bezzechi's second-placed finish saw him reduce the deficit by two. After Bezzecchi recovered from a slow start to leapfrog Bagnaia, Martin was given more of a challenge, though the Spaniard proved triumphant.

Persons: Pramac Racing's Jorge Martin, Lisi Niesner, Marco Bezzecchi, Francesco Bagnaia, Martin, Bezzecchi, Bagnaia, Marco, Spaniard Martin, leapfrog Bagnaia, Dani Pedrosa, I'm, Jorge, Aleix Espargaro, Luca Marini, Valentino Rossi, Yamaha's Fabio Quartararo, Marc Marquez, Aadi Nair, Pritha Sarkar Organizations: San Marino, San Marino Grand Prix, Ducati, Catalunya, Thomson Locations: Ernstthal, Germany, San Marino Grand, Misano Adriatico, VR46, Misano, Modena, India, Japan, Bengaluru

[1/5] A view shows a sign for a heavy haulage convoy during transport of a nacelle of a wind turbine near a wind farm, in Biegen, Germany August 31, 2023. REUTERS/Lisi Niesner Acquire Licensing RightsBERLIN, Sept 7 (Reuters) - Germany's wind power expansion is facing an unexpected roadblock: builders need permits to transport the heavy turbines down the country's roads, and they are waiting months to get them. "Assuming nothing changes, it could cost 115 million euros extra by the end of the year," Felix Rehwald, a spokesperson for wind turbine manufacturer Enercon, told Reuters. Transport permits are needed to drive heavy loads over bridges and highways. The cost of applications had jumped to more than 1,000 euros per permit in 2021 from 100 euros, Nordex said.

Persons: Lisi Niesner, Felix Rehwald, Rehwald, Nordex, Kai Westphal, VDMA, Sebastian Steul, Steul, Morten Arnskov Boejesen, Soren Andersen, " Westphal, Johannes Gotfredsen, Toby Sterling, Riham, Thomas Escritt, Alexandra Hudson Organizations: REUTERS, Rights, Reuters, Transport, GmbH, Wednesday, of, of Danish Industry, Danish, Directorate, Alexandra Hudson Our, Thomson Locations: Biegen, Germany, Netherlands, Denmark, of Danish, Copenhagen, Amsterdam

☆ German court throws out lower grid operator returns set by regulator
▼ + stars: | 2023-08-30 | by ( ) www.reuters.com time to read: +2 min

Electrical power pylons with high-voltage power lines are seen next to wind turbines near Weselitz, Germany November 18, 2022. REUTERS/Lisi Niesner/File Photo Acquire Licensing RightsFRANKFURT, Aug 30 (Reuters) - A German court on Wednesday threw out the rates of return for power and gas network infrastructure operators set in 2021 by the grid regulator, saying companies were right to complain they were too low. The federal regulator, called the Bundesnetzagentur, had set permitted future returns for new power and gas infrastructure at 5.07%, versus 6.91% previously, leading 900 operators of local distribution networks to launch an appeal. The court in June heard test cases from 14 selected companies and upheld their arguments, it said in a statement. Leading power grid companies including E.ON (EONGn.DE) and EnBW (EBKG.DE) have said they need more money to remain competitive when billions of euros must be spent to accommodate more wind and solar power production plants on the grids.

Persons: Lisi Niesner, Kerstin Andreae, Vera Eckert, Tom Kaeckenhoff, Mark Potter, Mark Porter Organizations: REUTERS, Rights, Wednesday, E.ON, Thomson Locations: Weselitz, Germany, Ukraine

REUTERS/Lisi Niesner Acquire Licensing RightsMESEBERG, Germany, Aug 29 (Reuters) - Germany's coalition on Tuesday set aside weeks of squabbling to agree to a total of 32 billion euros ($34.63 billion) in corporate tax cuts over four years to boost the flagging economy. "The German economy can do more." The German economy stagnated in the second quarter, showing no sign of recovery from a winter recession and cementing its position as one of the world's weakest major economies. An agreement was reached on Tuesday when the two sides agreed to cut the planned Child Basic Insurance to just over two billion euros. A government document seen by Reuters showed subsidies are set to almost double to 67.1 billion euros next year compared to 2021.

Persons: Olaf Scholz, Lisi Niesner, Finance Minister Christian Lindner, Lisa Paus, Lindner, Forsa, Scholz, Matthias Williams, Christian Kraemer, Thomas Escritt, Tomasz Janowski, Ed Osmond, Barbara Lewis Organizations: Schloss, REUTERS, Reuters, Finance Minister, Greens Family, Insurance, stoke, Thomson Locations: Schloss Meseberg, Gransee, Germany, Berlin

☆ Rolling Stones fans see signs of new album in local newspaper ad
▼ + stars: | 2023-08-23 | by ( ) www.reuters.com time to read: +2 min

Mick Jagger, Ronnie Wood and Keith Richards of The Rolling Stones perform as part of their "Stones Sixty Europe 2022 Tour" at Waldbuehne in Berlin, Germany, August 3, 2022. REUTERS/Lisi Niesner/File Photo Acquire Licensing RightsLONDON, Aug 23 (Reuters) - Have the Rolling Stones just announced the release of a new album? “The Rolling Stones are poking fun at themselves,” read one message on the Facebook fan page The Rolling Stones Sessions. Last year, The Rolling Stones marked their 60th anniversary with a European tour, covering 10 countries including Britain. An album by the Rolling Stones featuring new original music would be their first since 2005's "A Bigger Bang".

Persons: Mick Jagger, Ronnie Wood, Keith Richards, Lisi Niesner, ”, Jack Q Frost, Farouq Suleiman, Paul Sandle, Andrew Heavens Organizations: REUTERS, Hackney Gazette, Universal Music, Thomson Locations: Waldbuehne, Berlin, Germany, London, Hackney, Britain

The new legislation will limit the amount of cannabis young adults can buy to 30 grams a month, compared to 50 grams for older adults. Scholz's government had already watered down original plans to allow the widespread sale of cannabis in licensed shops after consultations with Brussels. Instead, it said would launch a pilot project for a small number of licensed shops in some regions to test the effects of a commercial supply chain of recreational cannabis over five years. Malta became the first European country to allow limited cultivation and possession of cannabis for personal use in late 2021. The legislation presented on Wednesday includes strict rules for growing weed - cannabis clubs of up to 500 associates must have burglar-proof doors and windows, with greenhouses fenced off.

Persons: Lisi Niesner, Chancellor Olaf Scholz, Karl Lauterbach, Lauterbach, Armin Schuster, Kristine Luetke, Sarah Marsh, Andreas Rinke, Angus MacSwan, Bernadette Baum Organizations: REUTERS, Rights, Scholz's Social Democrats, Free Democrats, Thomson Locations: Brandenburg, Berlin, Germany, Europe, Saxony, Brussels, Netherlands, Switzerland, Malta

☆ Canada PM Trudeau says he and his wife Sophie are separating
▼ + stars: | 2023-08-02 | by ( ) www.reuters.com time to read: 1 min

Canada's Prime Minister Justin Trudeau and his wife Sophie Trudeau walk outside Westminster Abbey ahead of Britain's King Charles' coronation ceremony, in London, Britain May 6, 2023. REUTERS/Lisi Niesner/File PhotoOTTAWA, Aug 2 (Reuters) - Canadian Prime Minister Justin Trudeau said on Wednesday that he and his wife Sophie were separating. He made the announcement in an Instagram post. Reporting by Ismail Shakil in Ottawa; Editing by David LjunggrenOur Standards: The Thomson Reuters Trust Principles.

Persons: Justin Trudeau, Sophie Trudeau, Britain's King Charles, Lisi Niesner, Sophie, Ismail Shakil, David Ljunggren Organizations: Canada's, REUTERS, OTTAWA, Canadian, Thomson Locations: Westminster, Britain's, London, Britain, Ottawa

☆ Porsche's iconic 911 to be sole survivor of automaker's combustion models
▼ + stars: | 2023-07-26 | by ( Nick Carey | ) www.reuters.com time to read: +3 min

[1/3] FILE PHOTO-A Porsche 911 Carrera S is on display during the 75 years Porsche sports car exhibition "Driven by Dreams" in Berlin, Germany, January 25, 2023. The automaker will electrify its compact SUV Macan, followed by the 718 sports car and then the best-selling Cayenne, Porsche e-fuels team leader Karl Dums said. Porsche's EV plans and e-fuels investment are separate, he said. Major automakers will likely avoid new e-fuel models after 2035, having already committed $1.2 trillion to electrification. A host of smaller carmakers also want to sell luxury, high-performance e-fuel models to customers rich enough to afford the expensive fuel, which today can cost up to 10 pounds ($12.90) per liter.

Persons: Lisi Niesner, Karl Dums, Dums, Morgan, Massimo Fumarola, Fumarola, Mike Flewitt, Nick Carey, Paul Lienert, Victoria Waldersee, Giulio Piovaccari, Matthew Lewis Organizations: Carrera, Porsche, REUTERS, EU, HIF Global, Automotive, Ferrari, Morgan Motor, Briggs Automotive Company, Victoria, Thomson Locations: Berlin, Germany, Malvern , England, U.S, Liverpool, EVs, London, Detroit, Milan

☆ In Baltic Sea, citizen divers restore seagrass to fight climate change
▼ + stars: | 2023-07-26 | by ( Lisi Niesner | ) www.reuters.com time to read: 1 min

Filed: July 26, 2023, 10 a.m. GMTJust off the coast of Kiel in northern Germany, scuba divers use hand trowels to dig up emerald green seagrass shoots complete with roots from a dense underwater meadow, delicately shaking off the sediment before placing them in yellow bags. Back on land, they store the shoots in large cooling boxes, before heading out the next day to a barren area further north to replant them in circles. One diver holds a line, and the other uses it to navigate the murky waters and swim around him. They hope this painstaking work, part of a new project that trains local citizens to restore seagrass meadows in the Baltic Sea, can help tackle climate change.

Locations: Kiel, Germany, replant, Baltic

☆ Tbilisi Pride festival canceled after violent anti-LGBTQ protests
▼ + stars: | 2023-07-08 | by ( Niamh Kennedy | ) edition.cnn.com time to read: +4 min

CNN —A Pride festival was canceled in the Georgian capital of Tbilisi on Saturday by organizers who say authorities failed to prevent violent disruptions from Russian-affiliated far-right groups. Festival organizers Tbilisi Pride said in a tweet that they were “compelled” to cancel the festival and “evacuate” the festival territory. “The Ministry of Interior of Georgia once again neglected to protect us from violent far-right groups and allowed the mobs to prevent us from exercising our freedom of expression and assembly even in private settings,” Tbilisi Pride said. Videos posted by Georgian activist channels showed clashes between police officers and anti-LGBTQ protesters in the festival area in Lisi Wonderland. Tbilisi Pride has accused the Georgian government of orchestrating and coordinating with Russian-affiliated, far-right group Alt Info, who they claim disrupted the event.

Persons: Lisi Wonderland, ”, “, Wonderland, Alexander Darakhvelidze, ” Darakhvelidze, Nobody, Irakli Gedenidze, Shalva Papuashvili, Papuashvili, Salome Zourabichvili, ” Zourabichvili, Mark Clayton, Clayton, Peter Fischer Organizations: CNN, First Channel, Tbilisi Pride, Interior, ”, ” Tbilisi Pride, Pride, Russian, Reuters, Georgian Interior Ministry, Georgian, Channel, UN Locations: Georgian, Tbilisi, Georgia, ” Tbilisi

☆ Wimbledon 2023: The favorites to win the championships, the main challengers and how to watch
▼ + stars: | 2023-07-02 | by ( Matias Grez | ) edition.cnn.com time to read: +6 min

Despite struggling for form in the lead up to the French Open, Djokovic found his A-game when it mattered most in Paris and looked largely unstoppable. Lisi Niesner/ReutersRybakina became the first player from Kazakhstan to win a grand slam title after beating Ons Jabeur in three sets in last year’s Wimbledon final, catapulting her to stardom overnight. Belarussian Sabalenka and Poland’s Iga Świątek are joint favorites to win the title alongside Rybakina, according to bookmakers. Sabalenka has three titles to her name this year, including that maiden grand slam in Australia, and has matched her career-high of No. Iga Swiatek is a four-time grand slam champion but is yet to win Wimbledon.

Persons: Novak, Roger Federer’s, –, Björn Borg –, Djokovic, Spain’s Carlos Alcaraz, Garros, Carlos Alcaraz, Susan Mullane, Reuters Alcaraz, Alcaraz, – Daniil Medvedev, Stefanos Tsitsipas, Casper Ruud, Holger Rune, Frances Tiafoe, Julian Finney, Francis Tiafoe, Chile’s Nicolas Jarry, Elena Rybakina, Donna Vekić, hadn’t, Kazakhstan's Elena Rybakina, Linda Noskova, Lisi Niesner, Reuters Rybakina, Belarussian, Iga, Rybakina, Sabalenka, Aryna Sabalenka, agains Karolina Muchova, Veronika Kudermetova, Świątek, Tatjana Mariana, hasn’t, Joaquim Ferreira, Coco Gauff, Ekaterina Alexandrova, Madison Keys Organizations: CNN — Tennis, All England Club, Wimbledon, Roland, Queen's, USA, Sports, Reuters, Queen’s, Getty, Stuttgart, Eastbourne International, Czech, Stade Roland, Bad, Junior Wimbledon, Bernarda Pera, BBC, ESPN, Tennis Channel Locations: London, Paris, Germany, Wimbledon, Kazakhstan, Australia, United Kingdom

☆ Amazon workers in Leipzig start 48-hour strike for higher wages
▼ + stars: | 2023-06-26 | by ( ) www.reuters.com time to read: +1 min

[1/2] A flag of German united services union Ver.di is pictured in front of the logo of Amazon on a warehouse in Bad Hersfeld May 14, 2013. REUTERS/Lisi NiesnerJune 26 (Reuters) - Workers at Amazon's (AMZN.O) warehouses in Germany's eastern city of Leipzig started a 48-hour strike on Monday to press for higher wages, the country's public sector union ver.di said. The workers want a collective labour agreement that includes a 2.5 euro ($2.73) per hour wage increase for a 12-month period, a 250-euro wage hike for apprentices and for the labour agreement to be binding for the company. Amazon is not bound by collective agreements and doesn't take part in these negotiations. "The converted starting wage in Germany is 13 euros gross per hour upwards (in Leipzig 13.43), including bonus payments," the world's biggest online retailer said.

Persons: Lisi Niesner, ver.di, Ronny Streich, Andrey Sychev, Matthias Williams, Emelia Organizations: REUTERS, Thomson Locations: Bad Hersfeld, Germany's, Leipzig, Germany

☆ Two-time champion Kvitova warms up for Wimbledon with German Open title
▼ + stars: | 2023-06-25 | by ( ) www.reuters.com time to read: +2 min

The 33-year-old Czech, who also beat Vekic en route to victory at the Miami Open this year, earned her 31st career title. The left-hander looked completely at ease on the surface as she captured her sixth title on grass, more than any other active WTA player, in a warning to her rivals ahead of Wimbledon. "I love grass, I love you," Kvitova told a thinning crowd at the Steffi Graf stadium. Kvitova found herself a break down early in the second set but battled back from 5-3 and moved 6-5 up with an ace. Vekic, who has shot up the rankings from 69th to 23rd this season following an Australian Open quarter-final spot and a title in Monterrey, forced a tiebreak.

Persons: Petra Kvitova, Croatia's Donna Vekic, Lisi Niesner BERLIN, Donna Vekic, Kvitova, Steffi Graf, Donna, Vekic, Karolos, Christian Radnedge, Hugh Lawson Organizations: Tennis Club, Wimbledon, Miami, Eastbourne, Croat, Thomson Locations: Berlin, Germany, Czech, Croatia, London, Wimbledon, Monterrey

☆ Vekic plays twice, beats sixth-seed Sakkari to reach German Open final
▼ + stars: | 2023-06-24 | by ( ) www.reuters.com time to read: +1 min

The 26-year-old had first beaten lucky loser Elina Avanesyan in straight sets in their quarter-final on Saturday morning after play was cancelled due to heavy rain on Friday. Vekic made it two wins from her Saturday matches on her fourth match point with another forehand winner flying past her opponent, who also had to play twice in a day, having earlier beaten Marketa Vondrousova in her last-eight match. Sakkari has now lost all five of her semi-finals this season. Vekic will face either Russian Ekaterina Alexandrova or Czech Petra Kvitova in Sunday's final. Reporting by Karolos Grohmann; Editing by Ken FerrisOur Standards: The Thomson Reuters Trust Principles.

Persons: Donna Vekic, Greece's Maria Sakkari, Lisi Niesner BERLIN, Maria Sakkari, Elina Avanesyan, Sakkari, Vekic, Marketa Vondrousova, Ekaterina Alexandrova, Czech Petra Kvitova, Karolos Grohmann, Ken Ferris Organizations: Tennis Club, Thomson Locations: Berlin, Germany, Greece, Czech

☆ Martin wins in Germany after thrilling duel with Bagnaia
▼ + stars: | 2023-06-18 | by ( ) www.reuters.com time to read: +1 min

[1/3] MotoGP - German Grand Prix - Sachsenring, Hohenstein-Ernstthal, Germany - June 18, 2023 Prima Pramac Racing's Jorge Martin celebrates on the podium after winning the race REUTERS/Lisi NiesnerHOHENSTEIN-ERNSTTHAL, Germany, June 18 (Reuters) - Spaniard Jorge Martin won the German Grand Prix for Pramac Racing after a thrilling duel with Ducati's reigning MotoGP champion Francesco Bagnaia of Italy on Sunday. The pair crossed the line just 0.064 of a second apart, their bikes also touching in the heat of battle two laps from the chequered flag. Martin's French team mate Johann Zarco completed the podium at the Sachsenring circuit as Ducati riders filled the top five places and eight of the top nine. Bagnaia's championship lead was cut to 16 points as Martin, winner of the Saturday sprint, celebrated a weekend double and his first grand prix victory since the Styrian round at Austria's Red Bull Ring in August 2021. Reporting by Alan Baldwin in London, Editing by Hugh LawsonOur Standards: The Thomson Reuters Trust Principles.

Persons: Pramac Racing's Jorge Martin, Lisi Niesner HOHENSTEIN, Jorge Martin, Francesco Bagnaia, Johann Zarco, Martin, Alan Baldwin, Hugh Lawson Organizations: Pramac Racing, Ducati's, Sunday, Ducati, Thomson Locations: Ernstthal, Germany, ERNSTTHAL, Italy, London

☆ ATP roundup: Jannik Sinner reaches quarters in Netherlands
▼ + stars: | 2023-06-14 | by ( ) www.reuters.com time to read: +2 min

[1/3] Tennis - French Open - Roland Garros, Paris, France - June 1, 2023 Italy's Jannik Sinner in action during his second round match against Germany's Daniel Altmaier REUTERS/Lisi Niesner/File PhotoJune 14 - No. 2 seed Jannik Sinner defeated Alexander Bublik of Kazakhstan 6-4, 6-2 on Wednesday to advance to the quarterfinals at the Libema Open in 's-Hertogenbosch, Netherlands. 3 seed, lost to American Mackenzie McDonald 6-4, 6-4, and Emil Ruusuvuori of Finland, defeated No. Sonego's fellow Italian, sixth-seeded Lorenzo Musetti, had no trouble against Gregoire Barrere of France in a 6-3, 6-3 win. 3 seed Frances Tiafoe, who saved all three break points in a 7-6 (2), 6-4 defeat of Jiri Lehecka of the Czech Republic.

Persons: Roland Garros, Germany's Daniel Altmaier, Lisi Niesner, Jannik Sinner, Alexander Bublik, Borna Coric, Mackenzie McDonald, Emil Ruusuvuori, Ugo Humbert of France, Rinky, Marc, Andrea Huesler, Hubert Hurkacz of, Japan's Yosuke, Hurkacz, he'll, Christopher O'Connell of Australia, Lorenzo Sonego, Sonego's, Lorenzo Musetti, Gregoire Barrere of, Musetti, Frances Tiafoe, Jiri Lehecka Organizations: Thomson Locations: Paris, France, Kazakhstan, Netherlands, Finland, Switzerland, Hubert Hurkacz of Poland, Stuttgart, Germany, Watanuki, Gregoire Barrere of France, Czech Republic

☆ Billionaire George Soros hands control of empire to son Alex
▼ + stars: | 2023-06-11 | by ( ) www.reuters.com time to read: +1 min

June 11 (Reuters) - Billionaire financier George Soros is handing control of his massive empire to his son Alexander, a Soros spokesperson said on Sunday. The spokesperson confirmed the details from an interview with Soros published in The Wall Street Journal on Sunday. But speaking of his decision to turn over the foundation and the rest of his $25 billion empire to his 37-year-old son, who goes by Alex, the elder Soros said: "He's earned it." Billionaire investor George Soros speaks to the audience at the Schumpeter Award in Vienna, Austria June 21, 2019. The OSF board elected Alex as its chairman in December, and Alex now directs political activity as president of Soros' political action committee.

Persons: George Soros, Alexander, Soros, Alex, He's, Lisi Niesner, he's, Carolina Mandl, Rami Ayyub, Michael Erman, Mark Porter Organizations: Soros, Society, Billionaire, REUTERS, OSF, Carolina, Thomson Locations: Vienna, Austria, New York, Washington, New Jersey

☆ World number one Swiatek digs deep to beat Muchova and win French Open title
▼ + stars: | 2023-06-10 | by ( ) www.reuters.com time to read: 1 min

[1/3] Tennis - French Open - Roland Garros, Paris, France - June 10, 2023 Poland's Iga Swiatek in action during her final match against Czech Republic's Karolina Muchova REUTERS/Lisi NiesnerPARIS, June 10 (Reuters) - World number one Iga Swiatek of Poland fought off a comeback from unseeded Czech Karolina Muchova to win 6-2 5-7 6-4 and clinch her third French Open women's title in the last four years on Saturday. The Pole, who had not dropped a set in the tournament, was 4-1 up in the second before Muchova won four games in a row and forced a decider. But the 22-year-old recovered in time to bag her fourth Grand Slam title after also lifting the U.S. Open trophy last year. Reporting by Karolos Grohmann; Editing by Ken FerrisOur Standards: The Thomson Reuters Trust Principles.

Persons: Roland Garros, Iga, Karolina Muchova, Lisi Niesner PARIS, Muchova, Karolos Grohmann, Ken Ferris Organizations: Czech, U.S, Thomson Locations: Paris, France, Poland

☆ 2023 French Open men's final: Novak Djokovic on cusp of historic 23rd grand slam as he faces Casper Ruud for title
▼ + stars: | 2023-06-10 | by ( Issy Ronald | ) edition.cnn.com time to read: +4 min

Now, with Federer retired and Nadal injured, Djokovic has an opportunity to stake his own claim in that unending debate and win a record 23rd grand slam title on Sunday at the French Open, surpassing the mark he currently holds with Nadal. Standing in Djokovic’s way is Casper Ruud, who has now reached three of the last five grand slam finals, including last year’s final at Roland Garros where he was dismantled 6-3 6-3 6-0 by Nadal. If Djokovic can win on Sunday, he will also return to the top of the world rankings and become the first male player to win each grand slam tournament at least three times. Casper Ruud was defeated by Nadal in last year's French Open final. That semifinal performance will galvanize Ruud ahead of the final, as he seeks to upset the odds and take a first grand slam title.

Persons: Roger Federer, Rafael Nadal, Novak Djokovic –, Federer, Nadal, Djokovic, Casper Ruud, Roland Garros, “ I’m, it’s, ” Novak Djokovic, Carlos Alcaraz, Tim Clayton, Corbis, Karen Khachanov, Alcaraz, Djokovic coasted, Ruud, “, Rafa, Novak, ” Ruud, “ I’ve, Lisi Niesner, Reuters “, I’m, Holger Rune, Alexander Zverev, galvanize Ruud Organizations: CNN, tennis, ATP, Djokovic, cramp, Nadal, Guardian, Reuters Locations: Norwegian

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