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...surprisingly given Beijing's stated policy of encouraging the development of domestic technological innovation, Chinese firms like TCL are set to be the biggest winners in the 3G boom. Foreign telecom-equipment vendors like Nokia-Siemens, Ericsson and Alcatel-Lucent now account for roughly two-thirds of the 2G market. That figure is expected to decline when 3G is fully in place with foreign companies accounting for only about a third. The lion's share of the market will be taken by China's two largest equipment vendors, Huawei and ZTE, which will between them share about half...

Author: /time Magazine | Title: Booster Shot | 2/11/2009 | See Source »

...apologies from bank bosses could stimulate the economy, Britain's would be outgrowing China's just now. As the former execs in charge of two of the U.K.'s largest banks appeared before a committee of Members of Parliament on Tuesday to account for their role in the financial meltdown, the bankers gave out "sorry"s like mortgage-backed securities...

Author: /time Magazine | Title: Britain's Bankers Say Sorry — Again and Again | 2/10/2009 | See Source »

...they face tradeoffs. When it comes to choosing between a football game and next semester’s textbooks, there is no contest. Therefore, these peers of ours have to be extra vigilant about collecting their tickets in time since they do not have their parents’ bank account to fall back...

Author: By Shiv M. Gaglani | Title: Entrepreneurs or Extortionists? | 2/10/2009 | See Source »

...only gives The Big Three modest financing, Japanese car firms may actually be in a position to gain market share in America by being able to financially ?outlast? the domestic car companies. Any funds the Congress agrees to provide to GM and Chrysler need to take that into account...

Author: /time Magazine | Title: Nissan Falling Victim to Car Recession | 2/9/2009 | See Source »

...must not impose its morality on those outside the Church. As for Italy's political leaders, he had publicly invited both Berlusconi and Napolitano on Saturday to see his daughter for themselves following news reports that she was in rather robust physical shape. "Come to Udine to take full account, in person and in private, of my daughter's real condition." It was a final reminder of at least one difference from the Schiavo case: no pictures of Englaro taken after her car accident 17 years ago had ever been circulated, forever preserving for the public the image...

Author: /time Magazine | Title: A Controversial End to Italy's Own Terri Schiavo Case | 2/9/2009 | See Source »

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