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Since its first leaders’ summit in 2008, China’s top leader has always attended the gathering – including by video link during the Covid pandemic. Now, “China sees the G20 space as increasingly oriented toward the US and its agenda, which Xi Jinping regards as hostile to China,” Werner said. Alternative governance structureXi last attended the G20 summit in Bali, Indonesia, in November last year, when he emerged from China’s Covid isolation and declared his return to the world stage. All the while, Xi has only made two trips abroad this year – and both are central to his attempt to reshape the global world order. Next month, the Chinese leader is expected to host the Belt and Road Forum to mark the 10th anniversary of his global infrastructure and trade initiative – a key element in Beijing’s new global governance structure.
Persons: Jinping, Premier Li Qiang, Beijing’s reticence, Xi, , George Magnus, I’m, I’ve, Jake Werner, ” Werner, Biden, Werner, Happymon Jacob, China’s, Shi Yinhong, Joe Biden –, Antony Blinken, Vladimir Putin –, Magnus, they’re, ” Magnus, , “ It’s Organizations: Hong Kong CNN, Premier, China Center, Oxford University, , Quincy Institute in, Quincy Institute in Washington DC, Pacific NATO, , India, New, Jawaharlal Nehru University, Divisions, Renmin University, EU, Beijing, Global Security Initiative, Global Development Initiative, Civilization Initiative, Forum, Shanghai Cooperation Organization – Locations: Hong Kong, New Delhi, China, Xi’s, India, United States, Quincy Institute in Washington, Beijing, New, Washington, Pacific, Ukraine, Moscow, Bali , Indonesia, Germany, France, Brazil, Indonesia, Johannesburg, South Africa, BRICS
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTorrid summer for Chinese economy but hope for rebound, says professorGeorge Magnus, a research associate at the University of Oxford China Centre and SOAS China Institute, discusses the current economic climate in China, and explains why President Xi is so opposed to stimulating the economy.
Persons: George Magnus, Xi Organizations: University of Oxford China Centre, SOAS China Institute Locations: China
Millions of auto workers and suppliers in China are feeling the heat as an electric vehicle price war forces carmakers to shave costs anywhere they can. State-run China Automotive News estimates there are over 100,000 auto suppliers in the country. Suppliers typically negotiate prices once a year, but many have been pressed to lower prices on a quarterly basis in 2023, two senior executives at auto suppliers said. And in June, a group of small suppliers wrote to state-owned Changan Automobile to push back against 10% price reductions. Three months later, he told Reuters that price cuts had been more aggressive in 2023 than in previous years.
Persons: Aly, Mike Chen, Chen, carmakers, Tesla, George Magnus, Elon Musk, Mike Chen's, Li Auto, Liu, Changan Automobile's, Chen Yudong, They've, Zhang Yan, Brenda Goh, Kripa Jayaram, Marius Zaharia, David Clarke Organizations: SAIC Volkswagen, REUTERS, Rights, Shanghai, SAIC, Volkswagen, VW, Oxford University's China, China Passenger Car Association, Tesla, GM, HK, Changan Automobile, Mitsubishi Motors, Toyota, Hyundai, China Automotive, Automobile, EV, Reuters, Thomson Locations: Shanghai, China, China's, Beijing, Shenzhen, Hefei, Chongqing, Chery's, Qingdao
Here's how Apollo and EQT use Google Cloud to improve themselves and their portfolio companies. The cloud represents big cost savings and efficiency gains among portfolio companies; for example, buyout firm THL migrated one of its portfolio companies to the cloud to save 50% on annual IT infrastructure costs. PE firms benefit from having their data — and their portfolio companies' data — in one place to gain better business insights and check out opportunities. Using cloud to improve portfolio companies and investment firms themselvesBoosting employee productivity with the cloud and AI is top of mind for Apollo's Mahidhar. Google Cloud's tech talent has also helped Swedish PE giant EQT speed up cloud projects among portfolio companies.
Persons: Vikram Mahidhar, THL, Mahidhar, Carl, Magnus Hallberg, execs, Adaire Fox, Martin, Hallberg, Apollo's Mahidhar, it's, , Zac Maufe, Maufe, it'll, Fox Organizations: Apollo Global Management, Apollo, Google, KKR Locations: EQT, Swedish
CNN —American chess grandmaster Hans Niemann has been reinstated by Chess.com following the conclusion of a legal dispute between Niemann, Magnus Carlsen and the online platform, among others. In June, a US judge dismissed a $100 million defamation lawsuit filed by Niemann against Chess.com, five-time world champion Carlsen, and popular streamer and player Hikaru Nakamura. This followed an alleged cheating scandal surrounding Niemann which rocked the sport last year. “I am pleased that my lawsuit against Magnus Carlsen and Chess.com has been resolved in a mutually acceptable manner, and that I am returning to Chess.com,” Niemann said in a video posted on X, formerly Twitter. According to Niemann’s dismissed lawsuit, the dispute began in September 2022 when then world champion Carlsen accused Niemann of cheating at the Sinquefield Cup in St. Louis, Missouri.
Persons: Hans Niemann, Niemann, Magnus Carlsen, Chess.com, Carlsen, Hikaru Nakamura, , Hans, ” Chess.com, , ” Niemann, Magnus, Niemann’s, José Mourinho, ” Carlsen, Pavel Mikheyev, Julius Baer, Nakamura Organizations: CNN, Chess.com, Niemann, Louis Chess Club, YouTube Locations: American, Chess.com, St, Louis , Missouri, Kazakhstan
Chess-Carlsen and Niemann settle dispute over cheating claims
  + stars: | 2023-08-29 | by ( ) www.reuters.com   time to read: +2 min
Magnus Carlsen of Norway sits in front of a chess board during a game. Chess.com banned Niemann and later published a report saying he had likely cheated more than 100 times in online games. Niemann has admitted to cheating online when he was 12 and 16-years-old, but denied any wrongdoing while contesting over-the-board games. Weeks after the Sinquefield Cup, Carlsen refused to play in an online game against Niemann, opting instead to resign after just one move. "I am willing to play Niemann in future events, should we be paired together."
Persons: Magnus Carlsen of Norway, Pavel Mikheyev, Norway's Magnus Carlsen, Hans Niemann, Niemann, Carlsen, Chess.com, Hikaru Nakamura, Magnus, Weeks, Hritika Sharma, Peter Rutherford Organizations: FIDE, REUTERS, Sinquefield, American, Thomson Locations: Almaty, Kazakhstan, U.S, St, Louis , Missouri, Hyderabad
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Persons: Dow Jones, magnus, carlsen, hans, niemann
As the statement made clear, all parties in the litigation will now be allowed to “talk openly about their views,” meaning without fear of legal repercussions. It would not be surprising if people in the chess world, including Carlsen, Nakamura and Niemann, continued to weigh in. In addition, there is a looming investigation from the International Chess Federation, the game’s governing body, into the matter. At the time, the federation said it would release the report in October. We always strive to do what is best for chess, and we believe this decision to move forward together is good for the game.”
Persons: Carlsen, Niemann, , Magnus, Nakamura, Louis, Erik Allebest, Chess.com, Organizations: International Chess Federation Locations: St
CNN —Magnus Carlsen defeated Rameshbabu Praggnanandhaa in a tiebreak to become Chess World Cup champion on Thursday. The Norwegian grandmaster has now won every major individual classical chess tournament and, as Chess.com puts it, “completes chess” with his victory in Baku, Azerbaijan. In said tiebreak – which took the format of a two-game rapid match – Carlsen showed why he is the reigning World Rapid Champion and world No. For Pragg, the World Cup was somewhat of a breakthrough onto the top table of the sport. Ding’s victory ended the reign of five-time champion Carlsen, who had decided not to defend his title earlier this year.
Persons: CNN — Magnus Carlsen, Rameshbabu Praggnanandhaa, Carlsen, , ” It’s, – Carlsen, outmaneuvering, Pavel Mikheyev, Pragg –, , Ding Liren Organizations: CNN, Rapid, Reuters Locations: Norwegian, Baku, Azerbaijan, China
CNN —Millions in India will be cheering on the teen chess prodigy known as Pragg as he takes on Norwegian grandmaster Magnus Carlsen for the title of World Chess Champion on Tuesday. Born and raised in Chennai in southern India, Praggnanandhaa took an interest in the game after his older sister, Vaishali, started playing at age 6. Then, in 2016, he created history after winning his ninth round game at the KIIT International Chess Festival in Bhubaneswar, India. Arun Sankar/AFP/Getty Images/FilePraggnanandhaa earned his third international master norm, an achievement handed out for high level of performance in a tournament. Having earned two previous norms already, at the age of 10 years, 10 months and 19 days, he became an international chess master – the youngest ever.
Persons: Magnus Carlsen, Rameshbabu Praggnanandhaa, Fabiano Caruana, Praggnanandhaa, Carlsen, Narendra Modi, Sachin Tendulkar, ” Praggnanandhaa, Vaishali, Andrzej Iwanczuk, , Arun Sankar, Organizations: CNN, CNN Sport, Bloom, KIIT, Getty Locations: India, Baku, Azerbaijan, Chennai, Vaishali, Warsaw, Poland, Bhubaneswar, Indian,
COPENHAGEN, Aug 16 (Reuters) - A 53-year-old Russian citizen has been sentenced to three years in prison for an attempted $3.5 billion fraud against the Danish National Bank, Danish police said in a statement on Wednesday. The man was arrested in October last year after he entered the National Bank with fake documents, claiming to be a representative from an investment company. The man, who wasn't named, has been held in custody since his arrest last year. He will serve his time in Denmark, after which he will be deported and banned from returning to the country. Reporting by Johannes Birkebaek; Editing by Sharon SingletonOur Standards: The Thomson Reuters Trust Principles.
Persons: Magnus Petersen, Johannes Birkebaek, Sharon Singleton Organizations: Danish National Bank, National Bank, Thomson Locations: COPENHAGEN, Denmark
After Kelley O’Hara had hit the post, Hurtig stepped up and saw her effort clawed out of the goal by Alyssa Naeher. “I don’t want to watch it again, it makes me sick to my stomach,” the 27-year-old forward told Radiosporten. “There are so many emotions, it’s so close, so I get a little sick to my stomach when I look at it.”Hurtig scored from the penalty spot as the shootout went to sudden death. “Some of the players maybe shoot in their clubs, so they are used to that,” Wikman told reporters on Wednesday. “It’s going to be a tough game,” Hurtig told reporters.
Persons: Lina Hurtig, rewatching, Megan Rapinoe, Sophia Smith, Hanna Bennison, Kelley O’Hara, Hurtig, Alyssa Naeher, , Radiosporten, ” Hurtig, Robert Cianflone, Magnus Wikman, ” Wikman, ” Sweden’s, “ It’s Organizations: CNN, Japan Locations: Swedish, United States, Sweden, Hurtig, Japan, Spain, Norway, Eden, Auckland , New Zealand
Austrian Chancellor Karl Nehammer delivers his speech during a session of the Parliament in Vienna, Austria, May 12, 2023. REUTERS/Leonhard Foeger/File PhotoVIENNA, Aug 4 (Reuters) - Austria's conservative Chancellor Karl Nehammer wants the right to use cash enshrined in the constitution, he told Austrian media in remarks published on Friday, an idea the far-right Freedom Party has been pushing for years. Most opinion polls show the anti-immigration Freedom Party (FPO) in first place with a clear lead over the opposition Social Democrats and Nehammer's conservatives, who are in a two-party coalition with the left-wing Greens. "The issue of cash is very important to people," Nehammer told Austrian media, including news agency APA. "It is important to me that cash be written into the constitution," APA quoted him as saying.
Persons: Karl Nehammer, Leonhard Foeger, Nehammer, Magnus Brunner, Herbert Kickl, Francois Murphy, Christina Fincher Organizations: REUTERS, Austrian, Party, Social Democrats, Greens, APA, Thomson Locations: Vienna, Austria
CNN —American cyclist Magnus White, hailed as a “rising star” of the sport, has died in a training accident in Boulder, Colorado, at the age of 17, USA Cycling announced on Sunday. He started racing at a national level at the age of 10, according to USA Cycling. This year was the first time he had earned a place in the Mountain Bike World Championships team. “White fell in love with cycling at an early age through Boulder Junior Cycling,” the USA Cycling statement added. Running from August 3 to August 13, the inaugural UCI Cycling World Championships will be hosted in Glasgow and across Scotland.
Persons: Magnus White, White, Magnus, ” White, “ White Organizations: CNN, USA Cycling, USA, Boulder Junior Cycling, Colorado State Patrol, UCI Cycling Locations: Boulder , Colorado, Glasgow, Scotland, Boulder, Colorado
[1/2] Senator Ron Wyden (D-OR) speaks during the Senate Finance Committee hearing on the nomination of Chris Magnus to be the next U.S. Customs and Border Protection commissioner, in the Dirksen Senate Office Building on Capitol Hill in Washington, DC, U.S., October 19, 2021. In a letter released Thursday, Wyden said that "even with the limited details that have been made public so far, Microsoft bears significant responsibility for this new incident." The FTC, the Justice Department, and the Cybersecurity Agency - known as CISA - did not immediately respond to request seeking comment. Microsoft did not immediately return a request for comment. Reporting by Raphael Satter; Editing by Chizu NomiyamaOur Standards: The Thomson Reuters Trust Principles.
Persons: Ron Wyden, Chris Magnus, Mandel Ngan, Read, Wyden, Raphael Satter, Chizu Organizations: Senate, U.S . Customs, Border Protection, Federal Trade Commission, Infrastructure Security Agency, Department of Justice, Microsoft, FTC, Justice Department, Cybersecurity Agency, Thomson Locations: U.S, Dirksen, Washington , DC, Oregon, China
“I don’t necessarily need a higher paid job or a better life,” she added. College graduates looking for jobs at a fair in central China's Hubei province on July 20. A growing trendOn Douban, about 4,000 members of a group called “full-time children’s work communication center” discuss topics related to their daily “working” lives. By contrast, today’s “professional” children spend time with parents and do housework in exchange for financial support. In addition to her family duties, she’s busy applying for government jobs and taking exams for graduate school.
Persons: Litsky Li, Li, , , headwinds, Zhang Dandan, ” hashtag, somethings, today’s, , Fang Xu, Nancy Chen, she’s, Chen, hasn’t, It’s, George Magnus, Magnus Organizations: Hong Kong CNN, College, CNN, Peking University, University of California, China News Service, Harvard University, China Centre, Oxford University, SOAS University of London Locations: Hong Kong, Luoyang, China's Hubei, Beijing, , China, University of California Berkeley, Jiangxi, Wanshou, China's Jiangxi
But last week, Chinese state media slammed Goldman Sachs after the Wall Street firm recommended selling shares in local banks because of their exposure to risks in the domestic economy. Group of 20 central bankers and finance ministers are meeting this week in India, with this data adding to their worries about the state of the global economy. Some pessimists say the Chinese economy has peaked and a significant slowdown is coming. But, Mr. Pettis added, international investors need to look at China differently than they once did. “When China was growing at double-digit rates, even poor parts of the economy were growing,” he said.
Persons: ” George Magnus, DealBook, Xi, Goldman Sachs, Covid, Michael Pettis, Pettis, , Organizations: Oxford University’s China Center, UBS, West, Street, Peking University Locations: China, Beijing, India, Russia, Ukraine, Moscow, Kyiv
RBI has not yet outlined its plan to supervisors at the European Central Bank (ECB), two people with knowledge of its dealings with the central bank said, making a spin-off unlikely by September. Furthermore, the approval of Russia's central bank, finance ministry and, in the event of a sale, even Russian President Vladimir Putin, will be needed before RBI acts. The ECB urged RBI not to pay a dividend this year because of its concerns over Russia, one of the people said. Austria's central bank and the ECB declined to comment. Another source said he has urged the U.S. not to pressure RBI.
Persons: Raiffeisen, Vladimir Putin, UniCredit, month's Wagner, Robert Holzmann, Christine Lagarde, Magnus Brunner, Brian Nelson, Francesco Canepa, John O'Donnell, Alexander Smith Organizations: Raiffeisen, Reuters, Austrian, European Central Bank, ECB, Treasury, Foreign Assets, OFAC, U.S, Thomson Locations: VIENNA, Russia, Austria, Moscow, U.S, Ukraine, Europe, Washington, Vienna, Soviet, Austrian, United States, Frankfurt
Weaker China offers opportunities to US and allies
  + stars: | 2023-07-03 | by ( Hugo Dixon | ) www.reuters.com   time to read: +7 min
It is also a setback for his most important ally, Chinese President Xi Jinping. So the United States and its allies can’t let their guard down. In 2021 the United States chaotically pulled out of Afghanistan and its alliance of rich democracies was in disarray. It seemed only a matter of time before China would overtake the United States as the world’s largest economy. At some point, the Chinese president may conclude that the Russian president is such a loser that he should do just that.
Persons: Vladimir Putin hasn’t, Xi Jinping, can’t, United States chaotically, Xi’s, Putin, Yevgeny Prigozhin, Narendra Modi, Joe Biden, George Magnus, Antony Blinken, Biden can’t, Peter Thal Larsen, Thomas Shum Organizations: Reuters, PUTIN, Russia, U.S, Shanghai Stock, Reuters Graphics, Thomson Locations: Russian, China, Taiwan, United States, Afghanistan, Russia, Ukraine, Moscow, Pacific, India, America, U.S, Kyiv
In June, Swiss rider Gino Mäder died aged 26 following a crash on the fifth stage of the Tour de Suisse. Gino Mäder competes in the fourth stage of the 2023 Tour de Suisse. “I think especially for everyone who was at the race [Tour de Suisse], that was pretty hard hitting,” the British rider told reporters on Wednesday. A pedestrian walks past a giant yellow jersey ahead of the 110th edition of the Tour de France in Bilbao. Goyvaerts/AFP/BELGA/Getty ImagesElsewhere, 2019 Tour de France champion Egan Bernal is competing in his first Grand Tour event since suffering serious injuries in a crash last year.
Persons: CNN —, Gino Mäder, Mäder, Magnus Sheffield, Dario Belingheri, Adam Hansen, Associés, Hansen, it’s, ” Hansen, , Tom Pidcock, Ineos, we’re, Joel Sagat, ” Jonathan Vaughters, , we’ve, , Marco Bertorello, Jonas Vingegaard, Dauphiné, Vingegaard, Jumbo –, Tadej, Pogačar, Egan Bernal Organizations: CNN, de France, Tour de Suisse, de Suisse, Tour de France, CNN Sport, , Suisse, Getty, CPA, Union Cycliste Internationale, Post, Guardian, , UAE Emirates, Goyvaerts, de, USA Network, NBC, Eurosport, ITV Locations: Swiss, La Punt, Chur, 100kph, lycra, AFP, Dauphine, Switzerland, France, Bilbao, Spain, Paris, Danish, Slovenian, Pogačar, UAE
The inaugural Global Chess League (GCL), which got underway in Dubai on June 22, is the latest event to offer a new format for the game. The franchise-style format allows fans to follow teams, as well as players, and some of the game’s biggest stars are getting involved. “I think this is definitely something quite special,” grandmaster Magnus Carlsen, who is participating in the tournament, told CNN. Carlsen hopes the new league format will succeed in opening the game up to a new audience, an ambition matched by the GCL chairperson Jagdish Mitra. “I think it’s an opportunity for the sport of chess and its 600 million fans,” Mitra told CNN Sport.
Persons: it’s, Magnus Carlsen, Carlsen, Viswanathan Anand, Ian Nepomniachtchi, ” Carlsen, ” Magnus Carlsen, Ali Haider, Chess.com, Jagdish Mitra, , ” Mitra, It’s, Mitra Organizations: CNN, Global Chess League, , FIDE, Tech Mahindra, SG Alpine Warriors, Global, GCL, CNN Sport Locations: Dubai, Indian, Russian
CNN —A US judge on Tuesday dismissed the $100 million defamation lawsuit filed by American chess grandmaster Hans Niemann against Magnus Carlsen, among others, in an alleged cheating scandal which has rocked the sport, according to court documents. Niemann’s lawsuit, which was filed in October last year, came after an alleged cheating scandal which sent shockwaves through the sport. 1 Carlsen accused Niemann of cheating at the $350,000 Sinquefield Cup in St. Louis, Missouri. In his second amendment, Niemann alleged that Carlsen paid a friend $328 (€300) to shout “Cheater Hans” from the stands at the closing ceremony of a tournament. Fewer than 0.14% of players ever cheat on the site, according to the company’s report on Niemann’s alleged behavior.
Persons: Hans Niemann, Magnus Carlsen, Audrey Fleissig, Niemann’s, Carlsen, Daniel Rensch, Nakamura, ” Niemann, , Fleissig, Niemann, Hans Niemann’s, ” Craig Reiser, ” Nima H, Mohebbi, Jamie Wine, Magnus, Rensch –, Jose Mourinho, , Chess.com, , Niemann “, Hans, Hans ”, “ We’re, Erik Allebest, Rensch, ” Chess.com Organizations: CNN, Chess.com, Louis Chess Club Locations: Missouri, St, Louis , Missouri, Warsaw, Poland, American
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/sports/chess-cheating-scandal-hans-niemann-magnus-carlsen-7fcbdb56
Persons: Dow Jones, hans, niemann, magnus, carlsen, 7fcbdb56
U.S. District Court Judge Audrey Fleissig rejected Niemann's claims that Carlsen and Chess.com broke antitrust laws by colluding to exclude him from lucrative tournaments. Fleissig also found she did not have jurisdiction over Niemann's state law claims for defamation and breach of contract, among others. Chess.com, the largest online chess platform in the world, appeared to back up Carlsen's claims when it said it had uncovered evidence of repeated cheating in Niemann's online playing history. Chess.com merged with Carlsen's online chess company in December 2022. Carlsen and Chess.com denied those allegations, saying Niemann has still been able to compete in major tournaments.
Persons: Magnus Carlsen, Hans Niemann's, Chess.com, Audrey Fleissig, Niemann's, Carlsen, colluding, Fleissig, Niemann, Jack Queen, Sandra Maler Organizations: Ninth, Academy Museum of Motion Pictures, REUTERS, U.S, Thomson Locations: Los Angeles , California, U.S, Missouri, St, Louis , Missouri, New York
“That’s always a very difficult question,” Emelianova told CNN Sport when asked how she would describe the art of chess photography. So like people who know very little of chess and of the personalities can kind of get very close to the game and feel like they are right next to this chess game. She went on to become a professional chess player before taking a break from competitive chess. Lennart Ootes“My mother was doing some photography stuff when she was younger in university, but it was analog photography,” Emelianova explained. But I already know enough to even, like – to catch a really, really subtle head shake or sitting like too straight or pretending to be very relaxed,” she said.
Persons: Maria Emelianova, Emelianova, “ That’s, ” Emelianova, , ” Ian Nepomniatchtchi, Ding Liren, , Carlsen, Lennart Ootes “, , Mobina, gazes, it’s, she’s, Emelianova –, don’t, Jennifer Shahade, Magnus Carlsen, Ian Nepomniachtchi Organizations: CNN, CNN Sport, British, , Moscow State University Locations: Russia, Ukraine, Khanty, Mansiysk, Moscow, Uzbekistan, India
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