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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBank Julius Baer: 'no magic bullet' for the ailing Chinese economyBhaskar Laxminarayan of Bank Julius Baer discusses his investment case in China equity amid volatile but upward outlook.
Persons: Email Bank Julius Baer, Bhaskar, Bank Julius Baer Organizations: Email Bank, Bank Locations: China
Highlights From the 2024 Paris Olympics
  + stars: | 2024-08-02 | by ( ) www.nytimes.com   time to read: +2 min
Highlights From the 2024 Paris Olympics Daniel Berehulak/The New York TimesSwimming, July 31 James Hill for The New York TimesBeach Volleyball, July 29 Gabriela Bhaskar for The New York TimesThe Paris Olympics promised to be memorable from the start: an opening ceremony and competitions on the River Seine; extensive security measures quieting a bustling city; the potential for equal gender representation among athletes for the first time. Through the disruptions and controversies, dreams realized and denied, photographers from The New York Times were there to capture the moments. Chang W. Lee/The New York TimesJames Hill for The New York TimesJames Hill for The New York TimesGabriela Bhaskar for The New York TimesTuesday, July 30A gold medal and merely making it to Paris are both worth celebrating. Chang W. Lee/The New York TimesGabriela Bhaskar for The New York TimesGabriela Bhaskar for The New York TimesDmitry Kostyukov for The New York TimesSaturday, July 27The opening ceremony flotilla docked, the athletes — and Celine Dion — dried off from the rain and the Games began. Gabriela Bhaskar for The New York TimesDaniel Berehulak/The New York Times
Persons: Daniel Berehulak, James Hill, Gabriela Bhaskar, The New York Times Daniel Berehulak, New York Times Gabriela Bhaskar, Chang W, Lee, New York Times James Hill, The New York Times James Hill, The New York Times Gabriela Bhaskar, The New York Times Dmitry Kostyukov, you’ve, The New York Times Chang W, Simone Biles’s, Celine Dion — Organizations: New York Times, The New York Times, Volleyball, Paris Olympics, Tokyo Games, Games, Rugby, New York Locations: Paris
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailStrategist explains why he does not like investing in the China equity marketBhaskar Laxminarayan of Bank Julius Baer says that while there are stock picking opportunities in China, equity investing is beyond "just having a good company and good profits"
Persons: Bhaskar, Bank Julius Baer Organizations: Bank Locations: China
Image Credit... Chang W. Lee/The New York TimesLedecky churned ever closer to the zenith on Saturday, finishing third in the 400-meter freestyle, outpaced by Ariarne Titmus, 23, of Australia, below — who stunned her in the event in the Tokyo Games three years ago — and Summer McIntosh of Canada, a 17-year-old already competing in her second Olympics. Image Credit... Chang W. Lee/The New York TimesImage Credit... Gabriela Bhaskar for The New York TimesBy winning bronze, her 11th Olympic medal, Ledecky moved to within one of Jenny Thompson of the United States, with three more events, including her best two — the longest events — still to come. Image Credit... Chang W. Lee/The New York TimesLedecky once held the world record in the 400 freestyle, too — for almost six years, until 2022. Then it bounded from Titmus to McIntosh and back to Titmus, who on Saturday did not lower her mark. She swam a more than two seconds slower than her scorching record time but still fended off the other seven women in the pool, including the best distance freestyler ever.
Persons: Katie Ledecky, Chang W, Lee, New York Times Ledecky, Ariarne Titmus, Summer McIntosh, Gabriela Bhaskar, Ledecky, Jenny Thompson, , McIntosh Organizations: New York Times, Tokyo Games, The New York Times Locations: Paris, Australia, Canada, United States, Titmus
Before he started a company 15 years ago selling the world’s smelliest fruit, Eric Chan had a well-paying job writing code for satellites and robots. The fruit, durian, has long been a cherished part of local cultures in Southeast Asia, where it is grown in abundance. When Mr. Chan began his start-up in his native Malaysia, durians were cheap and often sold from the back of trucks. Last year, the value of durian exports from Southeast Asia to China was $6.7 billion, a twelvefold increase from $550 million in 2017. China buys virtually all of the world’s exported durians, according to United Nations data.
Persons: Eric Chan, Chan Organizations: China, United Nations Locations: Southeast Asia, Malaysia, China, Thailand, Vietnam
Microsoft AI CEO Mustafa Suleyman's ghostwriter joined the company's new AI organization. Microsoft hired Suleyman in March to lead the consumer artificial intelligence group. AdvertisementMicrosoft AI CEO Mustafa Suleyman's ghostwriter landed a job on staff in the company's new consumer artificial intelligence organization, according to an internal organizational chart. Microsoft in March hired Suleyman, head of startup Inflection AI and cofounder of AI pioneer DeepMind, to be CEO of a newly formed "Microsoft AI" group. The organization is responsible for consumer AI products such as Microsoft's Copilot AI chatbot and the Bing search engine.
Persons: Mustafa Suleyman's, Suleyman, Michael Bhaskar, , Mustafa Organizations: Microsoft, Service, Business
Microsoft in March hired Suleyman, head of startup Inflection AI and cofounder of AI pioneer Deepmind, to be CEO of a newly formed "Microsoft AI" group. Here are top players at Microsoft AI:AdvertisementKarén Simonyan, CVP and chief scientistKarén Simonyan Inflection AI Inflection AISimonyan is one of three Inflection co-founders. Kya Sainsbury-Carter, CVP Microsoft AdvertisingSainsbury-Carter is an 18-year veteran of Microsoft. Qi Zhang, CVP Microsoft AI APRDZhang is based in Beijing and has been at Microsoft for 22 years. Chris Daly, VP strategy and business operationsDaly joined Microsoft AI in May after spending about nine years in investment banking at Robey Warshaw.
Persons: , Mustafa Suleyman, Suleyman, Karén Simonyan, Karén, Simonyan, Satya Nadella, Rob Cromwell, Cromwell, Gabor Hirschler, Hirschler, Mikhail Parakhin, Jordi Ribas, Bing, Rukmini Iyer, Iyer, Rajesh Sundaram, Sundaram, Ali Akgun, Panos Panay, Sainsbury, Carter, Qi Zhang, Zhang, Mike Davidson, Davidson, Michael Bhaskar, Bhaskar, DeepMind, Chris Daly, Daly, Robey Warshaw Organizations: Service, Microsoft, Business, Bing, Enterprise, Microsoft Edge, Carter, Microsoft Advertising, Pacific Research, Development, Twitter, NBCNews.com, Walt Disney Internet, Microsoft AI Locations: Copilot, Beijing, Asia, Pacific, London
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTwo strategists explain their respective investment preference for the China and India marketAlexander Cousley of Russell Investments shares why he prefers the China market over the India market on a valuation basis while Bhaskar Laxminaryan of Bank Julius Baer says that the India market is a "compounding story" that is just getting started.
Persons: Alexander Cousley, Bhaskar Laxminaryan, Bank Julius Baer Organizations: Russell Investments, Bank Locations: China, India
CNN —Airbnb wants more renters, and not just homeowners, to be able to become hosts on its short-term rental platform. New York City, for example, has argued that short-term rental platforms like Airbnb limit available housing supply, leading to overall higher rents, and that they can be disruptive to neighborhoods. “A lot of the early laws that were made limited short-term rental to homeownership,” Theo Yedinsky, the vice president of public policy at Airbnb, told CNN. These renters, however, will still have to get permission from their landlord to host on Airbnb (Airbnb has no involvement in individual lease agreements between property owners and tenants). And many major cities, including New York, are increasingly cracking down and heavily restricting the short-term rental market.
Persons: CNN — Airbnb, ” Theo Yedinsky, Yedinsky, Airbnb, couldn’t, , , Brian Chesky, Joe Gebbia, Glenn Youngkin, ” Yedinsky, Rahul Bhaskar, Bhaskar, ” Bhaskar Organizations: CNN, Gov Locations: New York City, San Francisco, Virginia, New York, India
Nov. 25, 2023A regular golf cart has no turn signals, no radio, no protection from the elements other than a thin roof and rain flaps. Press the pedal to the floor and it can maybe — maybe — accelerate to 15 miles per hour. If you are 12, commanding that cart feels like power. “You had that little sense of adventure,” said Caroline Lawson, 17, thinking back a few years to her earliest experiences driving a golf cart. “It’s just that little sense of, ‘Whee!’”
Persons: , , Caroline Lawson, It’s, Locations: Atlanta, Peachtree City , Ga
[1/2] An ambulance arrives at the tunnel where workers are trapped after the tunnel collapsed in Uttarkashi in the northern state of Uttarakhand, India, November 23, 2023. Once the drilling is completed, officials plan to send rescuers through the evacuation pipe with stretchers on wheels to bring out the trapped men, they said. Authorities have not said what caused the tunnel collapse, but the region is prone to landslides, earthquakes and floods. Efforts to bring the men out have been slowed by snags in drilling in the mountainous terrain. The collapsed tunnel is located on the Char Dham pilgrimage route, one of the most ambitious projects of Prime Minister Narendra Modi's government.
Persons: Shankar Prasad Nautiyal, Bhaskar Khulbe, Khulbe, Narendra Modi's Organizations: REUTERS, Authorities, Wednesday, National Highways Authority, YP Rajesh, Thomson Locations: Uttarkashi, Uttarakhand, India
SILKYARA, India, Nov 23 (Reuters) - Rescuers in India hope to finish drilling through debris on Thursday and free 41 men trapped in a highway tunnel in the Himalayan region after a metal obstacle slowed progress, officials said. The men began the twelfth day of their ordeal confined in the 4.5-km (3-mile) tunnel in Uttarakhand state since it caved in early on Nov. 12. Once the drill breaks through, officials said they plan to send rescuers through the evacuation pipe, using stretchers on wheels, to bring out the trapped men. [1/2]An ambulance arrives at the tunnel where workers are trapped after the tunnel collapsed in Uttarkashi in the northern state of Uttarakhand, India, November 23, 2023. REUTERS/Shankar Prasad Nautiyal Acquire Licensing RightsA rescue mission is currently underway at the Silkyara tunnel in Uttarakhand to free 41 workers who are stuck inside following a landslide.
Persons: Atul Karwal, Bhaskar Khulbe, Shankar Prasad Nautiyal, Pushkar Singh, Gabbar Singh Negi, Saba Ahmed, Narendra Modi's, YP Rajesh, Clarence Fernandez Organizations: Authorities, Force, Rescuers, REUTERS, National Highways Authority, YP, Thomson Locations: SILKYARA, India, Uttarakhand, Uttarkashi, Pushkar
[1/3] Rescuers move machines past a tunnel where workers are trapped after a portion of the tunnel collapsed in Uttarkashi in the northern state of Uttarakhand, India, November 19, 2023. REUTERS/Saurabh Sharma Acquire Licensing RightsSILKYARA, India, Nov 20 (Reuters) - Rescuers are trying to send cooked food and set up a phone connection to 41 workers trapped for eight days in a collapsed tunnel in the Indian Himalayas as they explore fresh rescue plans after previous attempts stalled, officials said on Monday. The men have been stuck in the highway tunnel in Uttarakhand state since it caved in early on Nov. 12 and are safe, authorities said. They have access to light and supplies of oxygen, dry food, water and medicines are being sent via a pipe. "Our priority is to save 41 lives who are trapped inside the tunnel.
Persons: Saurabh Sharma, Bhaskar Khulbe, Nitin Gadkari, Gadkari, R.C.S, Panwar, Jasvant Kapoor, Shivam Patel, Raju Gopalakrishnan Organizations: REUTERS, Transport, Authorities, Thomson Locations: Uttarkashi, Uttarakhand, India
REUTERS/Saurabh Sharma Acquire Licensing RightsSILKYARA, India, Nov 19 (Reuters) - Indian authorities were exploring five new plans to rescue workers trapped inside a collapsed tunnel in the Indian Himalayas after a week of failed attempts. Forty-one men, stuck in the highway tunnel in Uttarakhand state since Nov. 12, are safe and being fed through a pipe, the authorities say. Rescuers had been drilling horizontally through the debris toward the trapped workers in the 4.5-km (3-mile) tunnel until the auger drilling machine broke on Friday and a new one was flown in. A rescue mission is currently underway at the Silkyara tunnel in Uttarakhand to free 41 workers who are stuck inside following a landslide. The trapped workers have received Vitamin C and medicines including anti-depression tablets, said RCS Panwar, a health official involved in the rescue efforts.
Persons: Saurabh Sharma, Bhaskar Khulbe, Munsif Vengattil, William Mallard Organizations: REUTERS, Reuters, Thomson Locations: Uttarkashi, Uttarakhand, India
NEW DELHI (AP) — Top diplomats and defense chiefs from India and the United States met Friday focusing on security issues involving the Indo-Pacific, China and the Israel-Hamas war. U.S. Secretary of State Antony Blinken said the U.S. and India have a strong partnership and would discuss matters with implications for the future. He also said that the United States and India are bolstering their partnership in international peace and strengthening a rule-based order. Political Cartoons View All 1239 ImagesBlinken also said defense cooperation was a key pillar in ties between the countries. India and the U.S. have held the two-plus-two talks between India’s external affairs and defense minister and the U.S. secretaries of state and defense since 2018 to discuss issues of concern and strengthen bilateral ties.
Persons: Antony Blinken, , Blinken, Subrahmanyam Jaishankar, Uday Bhaskar, Defense Lloyd Austin, Rajnath Singh, Narendra Modi’s Organizations: DELHI, , U.S, Association of Southeast, Nations, Defense, Indian Locations: India, United, Pacific, China, Israel, U.S, Asia, Japan, Australia, United States, Palestine, Gaza, Ukraine, Philippines, South China, Ladakh, Arunachal Pradesh, Washington
The sport has been especially important for the community after the early weeks of the Covid-19 pandemic in 2020 ravaged Corona, Elmhurst and other parts of Queens. Many were friends of Teresa Benitez and her family, longtime ecuavoley participants from Corona. “We lost maybe 200 people we knew from here, people who came here to play volleyball with us,” said Benitez, a retail worker. “It’s only a couple of weeks,” Benitez said. Back then, people played their special brand of volleyball close to the Willets Point-Shea Stadium subway station on the No.
Persons: Teresa Benitez, , Benitez, , ” Benitez, Blanca Organizations: Corona, U.S, Shea Locations: Corona, Elmhurst, Queens, , New York, Cuenca, Back
Benton was at Tiafoe’s match on Monday and has been in contact with him over the summer. “He’s a little —” Benton paused and with his arms imitated someone who was experiencing the inevitable weight of expectations, the biggest of which are those Tiafoe has set for himself. A typical Tiafoe sequence occurred Monday during a tight second set against Tien. With the score knotted at 4-4, Tien rose and twisted and snapped a backhand overhead that looked like a certain winner. Then he did his trademark frozen stare into the crowd, his cue for the fans to get loud.
Persons: Benton, , ” Benton, Grigor Dimitrov of Bulgaria, Tien, Tiafoe Organizations: Australian, Tien Locations: Houston, Stuttgart, Germany, Wimbledon
More than 888,000 spectators attended the U.S. Open last year, and at least that many are expected this year at an event that is in some ways an annual contrast of culture and class. Many fans will drive there on the crowded parkways and highways adjacent to the stadium. Some will ride the commuter rails from Manhattan, Long Island and New Jersey, and others will squeeze onto the No. “We never lose sight of the fact that we are in a public park,” said Daniel Zausner, the National Tennis Center’s chief operating officer. “We want to be a bigger player in the community, always.”
Persons: , , Daniel Zausner Organizations: U.S, Grand Central, Tennis Center’s Locations: Manhattan, Long, and New Jersey, Corona, Flushing, Jackson
The talk took place at a packed, sweltering event space on the Lower East Side, before an audience heavy on Twitter (now X) personalities and writers for small magazines. Introducing the discussion, Sunkara said that when Ahmari invited him to participate, he was skeptical. But then he read Ahmari’s book, “Tyranny, Inc.: How Private Power Crushed American Liberty — and What to Do About It,” and found, as he explained, “surprisingly very little to criticize.”The book surprised me as well. As Sunkara pointed out, the word “woke” appears only a handful of times, in most cases in reference to the blind spots of the anti-woke right. Reading “Tyranny, Inc.,” I kept wondering how Ahmari had gone from conservative cultural crusader to genuine economic populist and, more important, whether any other social traditionalists could make the same leap.
Persons: Sohrab Ahmari, Bhaskar Sunkara, Sunkara, Ahmari, Power, Liberty —, , David French, ” I’d, it’s, Organizations: New, Jacobin, Twitter, Inc, Liberty Locations: New York City
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe China market is a 'value trap' while the U.S. is the 'biggest' investment idea: Bank Julius BaerBhaskar Laxminarayan, Asia CIO of Bank Julius Baer discusses where he thinks the opportunities for investors are at the moment.
Persons: Julius Baer Bhaskar Laxminarayan, Bank Julius Baer Organizations: Bank Locations: China, U.S, Asia
Two other cough syrups made in India killed 19 children in Uzbekistan around December, according to the Uzbekistan government. India's overall pharma exports in the April-June quarter rose 5% to $6.58 billion. COUNTRY VISITSPharmexcil delegations have visited countries including Nigeria, Egypt and Russia in recent months to allay any concerns about Indian drugs, he said. Apart from Gambia, no other country has asked for additional tests for Indian drugs since the deaths, he said. Manufacturing a drug in Europe or the United States costs more than 30% than in India, giving India a big advantage, he said.
Persons: syrups, Udaya Bhaskar, Bhaskar, drugmakers, Krishna N, Alison Williams Organizations: Reuters, World Health Organization, WHO, pharma, Pharmaceuticals Export, of India, India's pharma, Marion Biotech, Thomson Locations: DELHI, Gambia, India, Uzbekistan, United States, China, U.S, Nigeria, Egypt, Russia, South Africa, Brazil, Europe
Erica’s pilots that day were volunteers with Elevated Access, a nonprofit set up last year to help people obtain abortions, often across state lines. In North Carolina, an anti-abortion, church-backed pregnancy center called Mountain Area Pregnancy Services confronted a harassment incident. Before Dobbs, the group’s abortion services operated on a budget of $20,000 per month. But the dearth of pharmacies willing to offer abortion medication meant that Honeybee soon became the main provider of the online-ordered, home-delivered pills. Abortion medication — which now accounts for more than half of abortions in the United States — produces roughly 40 percent of Honeybee’s revenue.
Persons: Wade, Health “, , Maren Hurley, Hey Jane, Jenice Fountain, Julia Rendleman, The New York Times Erica, ” Erica, Erica, Andy, , Gabriela Bhaskar, Dobbs, Kelsea McLain, Roe, , McLain, Yellowhammer, Fountain, Mike Belleme, Court’s Dobbs, Jeff Porter, Porter, ” Michelle Fenton, Ms, Fenton, Sharon Chischilly, Paddy, Rachael Lorenzo, Tracy Nguyen, Honeybee, Jessica Nouhavandi, Nouhavandi Organizations: Jackson, Health, Private, Yellowhammer Fund, The New York Times, Maryland —, D.C, Cessna, Fund, Birmingham, Pregnancy Services, The New York, Services, The New York Times Indigenous, Roe, Los Angeles Locations: Dobbs v, North Carolina, Hurley’s, Alabama, Louisiana, America, Minnesota, Twin Cities, Illinois, Maryland, Washington, Wisconsin, Birmingham, Ala, Asheville, N.C, Waynesville, New Mexico, Oklahoma , Texas, North Dakota, South Dakota, Culver City, Calif, Roe United States, United States
Experts, and even some executives overseeing AI companies, say these tools risk spreading false information to mislead voters, including ahead of the 2024 US election. But they now face a perfect storm of factors that could make it harder than ever to keep up with the next wave of election misinformation. Experts worry that the proliferation of generative AI tools, like ChatGPT, could make it easier for bad actors to create election misinformation. OpenAI, the maker of the popular AI chatbot ChatGPT, issued a stark warning about the risk of AI-generated misinformation in a recent research paper. The platforms largely use a mix of human and automated review to identify misinformation and manipulated media.
Persons: Ron DeSantis ’, Donald Trump, Anthony Fauci, Trump, , , “ We’ve, I’m, David Evan Harris, Bhaskar Chakravorti, it’s, Harris, Margaret Mitchell, Andrew Angelov, incentivized, Mitchell, OpenAI, chatbot ChatGPT, Joe Biden’s, Ivy Choi, Meta, Twitter, Elon Musk Organizations: New, New York CNN, Twitter, Florida Gov, , University of Washington, Center, Social, of Technology Institute, Facebook, CNN, The Fletcher School, Tufts University, Google, Pentagon, Republican National Committee, RNC, Democratic, Federal, Commission, YouTube, , Meta Locations: New York, meddle, United States, Washington
Jeremiah Peoples was alone on the fast break with the energy of the crowd fueling him to the rim. It was opening day of Grenada Built to Win, the summer basketball league at Edenwald Houses in the Bronx, and there was little space to move. After painting the asphalt through the night and holding a clinic in the morning, the league’s founder, Rasheem Jenkins, known as “Rah Rah,” announced the games in the afternoon with verve and humor. “In and out like a relationship,” he teased as the ball spun off the rim. The league, which began its 11th season this June, is the realization of a dream he had nourished since he was one of the neighborhood kids.
Persons: Jeremiah Peoples, Rasheem Jenkins, Organizations: verve Locations: Grenada, Bronx
Bookforum, a literary criticism magazine that closed in December to great uproar in the literary world, will be back in print in August with a new publishing partner: The Nation. Bookforum’s relaunch, announced on Thursday, marks a return to form, said Bhaskar Sunkara, president of The Nation, who initiated talks in the spring. Bookforum will remain a quarterly print publication with the same branding and aesthetic, helmed by the staff at the time of its closure, he added. “The economics of a relaunch seemed feasible, especially if it was supported by the infrastructure of an existing publication.”The Bookforum team said they are confident that The Nation is the right partner. “Bhaskar himself has worked on a number of magazines, and The Nation has been around since 1865.”
Persons: Bhaskar Sunkara, , , Sunkara, ” Michael Miller, “ Bhaskar Organizations: The, Jacobin
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