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Meanwhile, its financial markets are bleeding, the property market has gone up in smoke, local government debt appears alarming, and foreign investors are exiting in droves. Real estate — which was a huge part of China's economy — has been hit badly, he said. AdvertisementTravel has picked up after years of pandemic lockdownServices is another pillar of China's economy that Beijing has been trying to build up. AdvertisementThis is in part because new growth industries are not able to take the place of real estate — yet. Because the property market accounts for one-quarter of China's GDP and more than two-thirds of household wealth, its overall drag on China's economy is much greater than whatever is doing well right now.
Persons: , Rory Green, GlobalData.TS Lombard, AllianceBernstein, John Lin, Lin, Donald Trump's, Louise Loo, Wood Mackenzie, AllianceBerstein's Lin, Nomura, Loo Organizations: Service, Business, Bloomberg TV, Oxford Economics, Nomura, Oxford Locations: China, GlobalData.TS, Real, COVID, Beijing, Europe, Taiwan, South Korea
Few industries are quite as appealing or as prestigious as English soccer, and Mr. Thompson has a piece of it. But while his team might be small, Mr. Thompson is of the view that it is, at least, as perfectly formed as any minor-league English soccer club could hope to be. Mr. Thompson has spent considerable sums of money modernizing the bathrooms, the club shop and the private boxes. “We have done most of the hard yards,” Mr. Thompson said. After a cancer scare last year led him to reassess his priorities, Mr. Thompson has, reluctantly, decided that he has to “hand the baton” to someone else.
Persons: Geoff Thompson, Thompson, South Shields, Mr Organizations: Shields F.C, Premier League, English Locations: South
At least nobody can accuse Asia’s soccer authorities of failing to sweat the small stuff. can still find the time to dictate precisely which water bottles, with which labels, fans should be allowed to carry into stadiums. That kind of attention to detail should reassure you that soccer’s future — from Beirut to Beijing, and Ulaanbaatar to Hobart — is in safe hands. Unfortunately, that is not quite the picture that emerges from a report, commissioned by soccer’s global players’ union, FIFPro, assessing the benefits and shortcomings of Asia’s most prestigious club competition, the Asian Champions League. Instead, the report documents a tournament that acts as an almost perfect microcosm of soccer’s general direction across the globe.
Persons: Hobart — Organizations: Asian Football Confederation, , Asian Champions League Locations: , Beirut, Beijing, Ulaanbaatar, Hobart
Under Rule 3.3b (3) of the USGA Rules of Golf, the world No. “Rules are rules,” he added in his post on X, formerly known as Twitter. Spieth’s fellow pro Michael S. Kim labeled the rule “stupid,” even with “many safeguards,” while PGA Tour caddie Kip Henley lamented “another benchmark in the dumbest rule in all of sports.”“Seriously, why even have scorecards on the PGA Tour?” Henley asked in another post. USGA rules do not disqualify players for returning a score higher than their actual score, only those returned that are lower. The PGA Tour, in accordance with USGA guidelines, follows a multi-step process to check the scorecards of fields peaking at 156-strong.
Persons: Jordan Spieth, Spieth, , Hideki Matsuyama, Michael S, Kim, Kip Henley, , ” Henley, , Eddie Pepperell, Dylan Wu, Wu, Jared C, Tilton, Roberto De Vicenzo, Tommy Aaron, Vicenzo, Bob Goalby, Wyndham Clark, Carlota Ciganda, Rory McIlroy’s, we’re, , ” McIlroy, Ryan Kang, Xander Schauffele, ” “ Jordan, , ” Schauffele, It’s, Scottie Scheffler, – caddie, ” Scheffler, Ronald Martinez, Luke Kerr, Dineen, Kerr, Joel Beall, ain’t, “ Spieth, “ It’s, ” Beall Organizations: CNN, Riviera Country Club, USGA, Twitter, , Tour, Royal Liverpool Golf Club, Evian, CNN Sport, ” CNN, PGA, NBC Sports, , PGA Tour Locations: American, California, , Hoylake, England
My mom had me when she was 40 years old. I've never thought of her as an old mom despite me being a geriatric pregnancy. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementBy the time I was born, my mom was a fully formed adult, complete with a prefrontal cortex and a closet full of skirt suits. By allowing me to see all sides of her personhood, she raised me to be a good adult rather than just a good kid.
Persons: I've, , casseroles, I'd, Gilmore, Rory, Lorelai, fuming, steadfastness Organizations: Service Locations: Southern, Suburban Ohio, Alabama
This time, Kylian Mbappé means it. The reports on Thursday of his decision to leave Paris St.-Germain, his hometown team, might have carried with them an unmistakable sense of déjà vu. They might have been copied and pasted, almost verbatim, from the last time this happened, and the time before that. It is less than two years since he and P.S.G. last came to the brink, his boxes packed, his desk emptied, his goodbye card signed.
Persons: Kylian, Germain, He’s, P.S.G Locations: Paris St
SAN FRANCISCO (AP) — A Northern California judge is under investigation by a state agency for allegedly making antisemitic remarks when addressing a deputy public defender, failing to recuse himself from cases involving attorneys and other people he socialized with, sexually harassing women, and other ethical violations. Humboldt County Superior Court Judge Gregory Kreis was notified last week he is charged with 19 ethical violations going back to 2015. It is among the allegations outlined by the Commission on Judicial Performance that are now under investigation. The commission noted Kreis allegedly lied to the court's presiding judge who was investigating rumors Kreis was having an affair with a court employee. “I can tell you that we had witnesses who will contradict the allegations the Commission on Judicial Performance set forth in the notice of formal proceedings,” he added.
Persons: Gregory Kreis, Jerry Brown, Kreis, James A, Murphy, Rory Kalin, ” Murphy, Kalin, , Organizations: FRANCISCO, California’s Locations: Northern California, Humboldt County,
China risks a "lost decade" of slow growth if it doesn't reform its economy, warns an economist. AdvertisementChina faces a "lost decade" of sluggish economic growth much like Japan if it doesn't reform its economy, according to an economist. "China could certainly have a lost decade of growth," Rory Green, the chief China economist at GlobalData.TS Lombard, wrote in a note on Thursday. Leaders are attempting to create a new political-economic model, one less reliant on debt-fueled property-led growth," wrote Green. Meanwhile, technocrats in China generally believe China needs to reform and grow — or risk a Japan-style lost decade, Green added.
Persons: Beijing's, , Rory Green, GlobalData.TS Lombard, Xi Jinping, Green Organizations: Service, cri sis Locations: China, Japan, GlobalData.TS, Beijing, technocrats
On Tuesday, Tiger Woods and golf equipment and apparel maker TaylorMade announced an expanded partnership with a new golf accessory line called "Sun Day Red." TaylorMade CEO David Abeles even suggested during the press conference that this is Woods' company and they are just there for support. Tiger Woods is seen in apparel featuring the Sun Day Red logo. Tiger Woods' new Sun Day Red logo. Business Insider reached out to TaylorMade, Nike, and representatives for Woods.
Persons: , Tiger Woods, TaylorMade, Woods, Forbes, Josh Gerben, Gerben, Tiger, Tyrone Walker, David Rumsey, David Abeles, Abeles, Ben Jared, Jon Rahm, Michael Jordan, Serena Willams, LeBron James, Rory McIlroy, Jamie Squire, Keyur Khamar, Djansezian Organizations: Service, PGA, Nike, Business, Hunt & Hunt Lawyers, Sun, Ventures, TaylorMade Lifestyle Ventures, Taylor, Inc, Front, Callaway, Gatorade, Woods Locations: Los Angeles, TaylorMade, Australia, San Clemente , California, Carlsbad, Woods
LOS ANGELES (AP) — Thousands of fans watching Tiger Woods in his 2024 debut missed out on the best golf Thursday at the Genesis Invitational. In the group ahead of Woods was Patrick Cantlay, looking as though he wants to be the next Southern California native to win at Riviera. Cantlay opened with three birdies in four holes and never really slowed until a sycamore tree halted his great run. “Jordan and I were a bunch under on the front nine and a day where I putted really, really well. That shank was a shocker, and perhaps more concerning was Woods saying his back was acting up int the final hour, leading to the shank.
Persons: Tiger Woods, Woods, Patrick Cantlay, Jason Day, Luke List, Cam Davis, Jordan Spieth, Justin Thomas, Sam Burns, Rory McIlroy, Cantlay —, Spieth, , ” Cantlay, “ Jordan, “ I've, Max Homa, John Merrick, shocker, ” Woods, , ” McIlroy, McIlroy, Scottie Scheffler, Scheffler, steadied, ___ Organizations: ANGELES, Riviera, ricochet, Virginia Country Club, UCLA Locations: Southern California, Cantlay, Australia, LA, Bay Hill
As far as the man in the food truck is concerned, the patch of land he occupies in Sheffield, England, is about as humdrum as they come. To him, the spot — in the drab parking lot of a sprawling home improvement superstore, its facade plastered in lurid orange — is not exactly a place where history comes alive. John Wilson, an academic at the University of Sheffield’s management school, looks at the same site and can barely contain his excitement. He does not see a parking lot. He can see the history: the verdant grass, the sweating players, the cheering crowds.
Persons: John Wilson, Monty ” — Organizations: University of Sheffield’s, Sheffield Locations: Sheffield, England
Tiger Woods at the practice range on April 5, 2022, before the start of the 2022 Masters at Augusta National Golf Club in Augusta, Georgia. Woods says the name of the brand "Sun Day Red" is a tribute to the fact that he's always worn red on Sundays. The tiger logo is a tribute to the 15 majors he has worn over the course of his career. The brand, Sun Day Red , will be available first only online beginning in May. Tiger Woods and TaylorMade have made it official.
Persons: Tiger Woods, Woods, Tiger, TaylorMade, David Abeles, Abeles, Mark Steinberg, Michael Jordan, Eric Smallwood, Smallwood, Rory McIlroy, That's, Josh Gerben, Gerben Organizations: Augusta National Golf Club, PGA, Sun, Nike, CNBC, TaylorMade, Air, Apex Marketing, of Famer, Apex, ESPN, Ventures, Gerben, CNBC PRO Locations: Augusta , Georgia, Pacific Palisades , California, Carlsbad , California, TaylorMade, Los Angeles
Is Soccer Ready to Retire Its Last Taboo?
  + stars: | 2024-02-09 | by ( Rory Smith | ) www.nytimes.com   time to read: +1 min
For as long as he could remember, his ambition had been to become a professional soccer player, to make a living doing the thing he loved. Martin was gay, and there were — as far as he knew — no gay soccer players. Forever.” Or at least, he thought, long enough “for me to live out my dream.”In reality, that contrast was not quite that stark. In 2018, at age 23, and while he was playing for Minnesota United in Major League Soccer, Martin came out as gay. He was thought to be the only openly gay male professional soccer player in the world at the time.
Persons: Collin Martin, Martin, , Organizations: Minnesota United, Major League Soccer
In winter 2021, more than 150,000 people living in Jackson, Miss., were left without running water. For weeks, people across the city lost the water they normally relied on to drink, cook and bathe. Lawmakers criticized city officials for ignoring leaky pipes and failing to collect payments from customers. City officials pointed to Jackson’s shrinking population and decades of economic decline. And they said state officials, mostly white and Republican, had starved the mostly Black, Democratic city of resources.
Persons: Jackson Organizations: Democratic, Siemens Locations: Jackson, Miss
PEBBLE BEACH, Calif. (AP) — The final round of the AT&T Pebble Beach Pro-Am was delayed by at least two hours Sunday as officials braced for more rain on a soggy course and high wind that could cut short the PGA Tour's first “signature event” to 54 holes. Clark would be declared the winner if the final round cannot be completed. Photos You Should See View All 45 ImagesThe final round was to start at 7:45 a.m. PST Sunday. All tournament facilities at Pebble Beach remained closed. Pebble Beach, with a reputation for bad weather, hasn't had a 54-hole winner since Dustin Johnson in 2009.
Persons: Wyndham Clark, Ludvig Aberg, Clark, Gary Young, Rory McIlroy, hasn't, Dustin Johnson, ___ Organizations: PGA, National Weather Service, Zurich Locations: Calif, Pebble, New Orleans
PEBBLE BEACH, Calif. (AP) — Pebble Beach became a signature event for the elite on the PGA Tour and delivered what was expected. Scottie Scheffler and a host of big names are contending going into the weekend and the amateurs are headed home. Rory McIlroy is having a rough time and shot 74 at Pebble Beach, leaving him at 145 and 12 shots behind. Now the amateurs — already reduced in number from 156 to 80 because Pebble Beach is now a signature event — leave the course and turn it over to the PGA Tour players. The leading nine players going into the weekend all played Friday at Pebble Beach, an advantage when the wind was down and the conditions were soft.
Persons: Scottie Scheffler, Ludvig Aberg, Thomas Detry, Scheffler, ” Aberg, , Detry, Patrick Cantlay, Justin Thomas, “ I’ve, ” Detry, Dustin Johnson, Payne Stewart, ” Cantlay, Rory McIlroy, McIlroy, Jeff Rhodes, , Collin Morikawa, Nick Dunlap, ___ Organizations: PGA Tour, TGL Capital, U.S, Amateur, American Express Locations: Calif, Monterey, Pebble, Europe, Japan, Spyglass
PEBBLE BEACH, Calif. (AP) — Patrick Cantlay has spent about as much time on the phone as the golf course this week as a PGA Tour board member trying to nail down a deal for a $3 billion investment. It didn't seem to affect his day job at the AT&T Pebble Beach Pro-Am. Torrey Pines winner Matthieu Pavon had the best round at Pebble Beach, closing with four birdies over the last five holes for a 65. He became the first amateur in 33 years to win on the PGA Tour two weeks ago. In his pro debut, Dunlap opened with a 76 at Pebble Beach.
Persons: — Patrick Cantlay, Cantlay, Thomas Detry, Detry, Matthieu Pavon, Rory McIlroy, LIV, McIlroy, , ” McIlroy, ” Detry, ” Cantlay, LIV Golf, Rickie Fowler, Rory, , ” Fowler, Nick Dunlap, Dunlap Organizations: Tour, Torrey Pines, PGA Tour, Hollywood, NFL, Saudi, Strategic Sports Group, SSG, Public Investment Fund, American Express, U.S, Amateur, PGA Locations: Calif, Spyglass, Belgium, Saudi, Pebble
McIlroy also said he would be opposed to any form of punishment for players who left the tour for the Saudi riches of LIV Golf and wanted to come back. Obviously, I've changed my tune on that because I see where golf is and I see that having a diminished PGA Tour and having a diminished LIV Tour or anything else is bad for both parties. Pebble Beach has a $20 million purse as a signature event, the same for the individual play of LIV Golf when it begins its third year on Friday in Mexico. Political Cartoons View All 253 ImagesLIV announced Tyrrell Hatton is the latest PGA Tour member to join, having snagged Masters champion Jon Rahm nearly two months ago. But he stays in the loop and indicated the PGA Tour was on the verge of approving a deal with Strategic Sports Group, the private equity consortium.
Persons: — Rory McIlroy, McIlroy, LIV Golf, ” McIlroy, I've, LIV, Tyrrell Hatton, Jon Rahm, Rahm, Dustin Johnson, , Hatton, , “ I've, I’m, “ I’ve, " McIlroy, Jordan Spieth Organizations: LIV, Daily Telegraph, PGA Tour, Saudi, Strategic Sports Group Locations: Calif, Saudi, Mexico, American
NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. 3 things in marketsJim Esposito, Goldman Sachs' head of global markets and banking, is set to retire from the bank, the firm said Monday. Jim Esposito is leaving Goldman Sachs after nearly 30 years. While he didn't share his next move, he told peers he'd "bleed Goldman Sachs forever." Goldman Sachs says rate cuts need to be on the menu in March.
Persons: , Brooks Koepka, Rory McIlroy, Keyur Khamar, Marc Lasry, Steve Cohen, Aaron Mok, LeBron James, — Arthur Blank, Gerry Cardinale, Goldman Sachs, who's, Lasry, Cohen, Point72, it's, Patrick Smith, Peacock, David Tepper, Jim Esposito, We've, he'd, Jean Boivin, David Mericle, NurPhoto, Getty, Javier Zayas, Kevin Winter, Tyler Le, Critics, Dan DeFrancesco, Hallam Bullock, Jordan Parker Erb Organizations: Service, Costco, Getty, PGA Tour, Fenway Sports Group, NFL's Atlanta Falcons, Capital Group, Milwaukee Bucks, New York Mets, NFL, Denver Broncos, Washington, Washington Post, Kansas City Chiefs, San Francisco 49ers, Carolina Panthers, BlackRock, Spotify, Apple, Google, Entertainment, Netflix, Studios, HBO, Disney, Walmart, Microsoft, Business Locations: Vegas, BlackRock, New York, London
When Soccer’s Content Mine Loses Sight of Reality
  + stars: | 2024-01-27 | by ( Rory Smith | ) www.nytimes.com   time to read: +1 min
The show, depicting Liverpool’s preparations for the 2012-2013 Premier League season, ran for only one series, amounting to just six episodes. Its subsequent cultural half life has been limited, too; those few elements which have lingered illustrate perfectly why it was not renewed. It would emerge later, of course, that both incidents were a little more nuanced than first assumed. The envelope trick had been adapted from a method once used — albeit with considerably more success — by Alex Ferguson. The portrait had been a gift from a disability charity with which Rodgers had worked closely during his time at his previous club, Swansea.
Persons: Marc Andreessen, ruefully, Brendan Rodgers, , Rodgers, Alex Ferguson Organizations: maven, League Locations: Liverpool, Swansea
It was so different to what we are used to coming from Gaelic football, apart from the weather which was pretty similar to Ireland. Members of the US Liffre Gaelic football team take part in a training session. From the analysis already done by the Gaelic star, he’s earmarked two current NFL kickers as sources of inspiration ahead of the Combine. Gaelic football is probably the main sport in Ireland. It’s one of the biggest opportunities in all of sport,” Beggan added.
Persons: Joe Biden, Tadhg Leader, , they’ve, that’s, ” Tadhg, Rory Beggan, Mark Jackson, Charlie Smyth, Darragh Leader, Tadhg, I’m, it’s, ” Tadhg Leader, , Andrew Surma, ” Beggan, Damien Meyer, he’s, “ Justin Tucker, Brandon Aubrey, “ I’ve, , Dan Whelan, Beggan Organizations: CNN, Gaelic, NFL, CNN Sport, , football, Panthers, IPP, Gaelic Athletic Association, , it’s, Guinness PRO14, Connacht Rugby, Benetton Rugby, Canadian Football League, Hamilton Tiger Cats, Loughborough University, Monaghan, New England Patriots, Patriots, Gaelic football, Getty, Baltimore Ravens, Dallas Cowboys, MLS, Croke, Green Bay Packers, Irish Locations: United States, Ireland, it’s Ireland, North America, Europe, trialists, Indianapolis, Boston, Beggan, Florida, Irish, Monaghan
CNN —From NFL quarterback greats locking horns to clashes between golf’s most notorious rivals, Capital One’s The Match series has delivered on a unique approach to entertainment in recent years. Next month, the ninth and latest edition is set to make even more history: for the first time, the series will include female participants. ET (11:30 p.m. GMT) on February 26, Capital One’s The Match will take place under lights across a 12-hole event at The Park course in West Palm Beach, Florida. Warren Little/Getty ImagesAt 28, Thompson is already a seasoned champion, boasting a major title – the 2014 Chevron Championship – among her 11 LPGA Tour victories. In October, she became just the seventh woman to compete on the PGA Tour.
Persons: Rory McIlroy, Lexi Thompson, Rose Zhang, Max Homa, Michael Reaves, , Jay Monahan, ’ McIlroy, Tiger Woods, Justin Thomas, Jordan Spieth, Jordan, , McIlroy, ” McIlroy, “ It’ll, Thompson, Zhang, Warren Little, Jennifer Kupcho, “ It’s, Homa Organizations: CNN, NFL, Capital, TNT Sports, USA, Golf, Hawaii, PGA, JT, Hero Dubai, LPGA, Northern Ireland, Emirates Golf Club, Chevron, , Stanford, Mizuho, Team Europe, Ryder, Turner Sports, Warner Bros, Discovery, Warner Bros . Locations: West Palm Beach , Florida, United States, Florida, American, Rome
DUBAI, United Arab Emirates (AP) — Rory McIlroy won the Dubai Desert Classic for a record fourth time after reeling in Cameron Young early in the final round then holding off Adrian Meronk down the back nine to seal a one-stroke victory on Sunday. Among his 38 wins as a professional, he had also won the Tour Championship and Wells Fargo Championship three times. Young started Day 4 with a two-stroke lead but was trailing McIlroy — his playing partner in the final group — after making bogey at No. McIlroy broke a tie with South African great Ernie Els, who had also won the Dubai Desert Classic three times, and has started 2024 with a second and first. “A couple little things still to work on,” McIlroy added, “but these weeks are great.
Persons: — Rory McIlroy, Cameron Young, Adrian Meronk, McIlroy, Young, McIlroy —, Tommy Fleetwood —, , ” Meronk, Ernie Els, “ It’s, ” McIlroy Organizations: United Arab Emirates, Dubai, Sunday, Wells Fargo, Dubai Invitational, South, Dubai Desert Locations: DUBAI, United Arab, Nos, Meronk, European, Dubai
A Message From the Premier League’s Rules-Free Future
  + stars: | 2024-01-19 | by ( Rory Smith | ) www.nytimes.com   time to read: +1 min
In the summer of 2025, after Manchester City’s acquittal via appeal on 115 charges of breaching the Premier League’s financial regulations, the league’s clubs voted to abolish their discredited Profit and Sustainability Rules, the set of guidelines created years earlier in the failed hope they might prevent teams from spending themselves — and everyone else — into ruin. The decision brought an end to more than a year of increasingly bitter infighting among the league’s members, and even the final vote was hardly unanimous. Six teams lobbied furiously to retain the cost controls, though that number did not include City or Chelsea, two members of the supposed “elite” whose status was effectively protected by the rules. The outcome was attributed largely to public pressure. Punishments applied in previous years to Everton and Nottingham Forest for more minor breaches had been deemed as unjustly “punishing the fans,” despite the fact that the same could be said for the existence of the red card.
Persons: Manchester, Organizations: Everton, Nottingham Forest Locations: Chelsea
Rifts among Israel’s war cabinet are spilling into public view, threatening to undermine the country’s military strategy in Gaza at a crucial stage in the conflict. The small collection of wartime decision makers—Prime Minister Benjamin Netanyahu , Defense Minister Yoav Gallant and former head of the Israeli military, Benny Gantz —is diverging publicly on the two biggest dilemmas they face: whether Israel should negotiate to end the conflict and free the hostages, and who should govern the bombed-out strip once the war is over.
Persons: Benjamin Netanyahu, Yoav Gallant, Benny Gantz — Organizations: Locations: Gaza, Israel
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