Two big chess events are on at the moment, with one already running, and the other just starting.
The Sparkassen tournament in Dortmund is 2 rounds in, with Ruslan Ponomariov and Maxime Vachier-Lagrave leading with 1.5/2. Also in the field are Vladimir Kramnik on 1, and Fabiano Caruana who has off to a slow start on 0.5.
The Bilbao Masters is the other event, with Magnus Carlsen and Sergey Karjakin being the main players of interest. That's not to ignore Hikaru Nakamura, Wesley So, Anish Giri or Wei Yi, but the clash between the World Champion and his challenger is the headline story. Also of interest for this event are the slightly unusual tournament conditions. Time control is 40/90m+60m with a 10s increment from move 41, while it will be 3 points for a win, with 1 point for a draw. Also draw offers can only be accepted with the arbiters permission.