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...found a way to clip the wings of Ryanair and other soaring low-cost rivals: the courts. Last week, Ryanair said it would suspend its four daily flights between London and Strasbourg as of Sept. 25 after a French court upheld an Air France complaint charging unfair competition. To attract Ryanair, Strasbourg's chamber of commerce and local authorities agreed last year to contribute €1.4 million to cover the airline's marketing costs over three years. Air France halted its Strasbourg-London service in June after seven months of grueling competition; it flew about 30,000 passengers...

Author: /time Magazine | Title: Biz Watch | 8/31/2003 | See Source »

...sign up the small Dutch fashion house of Viktor & Rolf. "They want to be famous," she insists. Certainly a fragrance backed by L'Oreal will help in that regard. But what's in it for L'Oreal? Turck Paquelier and Owen-Jones hope that the Dutch duo will attract inventive managers and researchers to the company. They also want the designers to keep them on their toes. "We like that they are creative and innovative," Turck Paquelier says. "It forces us to create fragrances that are nonconventional." --By Lauren Goldstein

Author: /time Magazine | Title: 3. Patricia Turck Paquelier | 8/28/2003 | See Source »

...further American troops are required in Iraq, but that's simply because they believe the mission will be best served by drawing the necessary reinforcements from abroad, particularly from Muslim nations such as Turkey and Pakistan. U.S. commanders have made clear that even if the U.S. manages to attract the desired 40,000 or 50,000 international troops, that won't necessarily mean a draw-down of U.S. force levels in Iraq. Until now, Washington's request for help from the more robust, self-sufficient and experienced armies of India, Pakistan, Turkey, France, Russia and Germany have been rebuffed...

Author: /time Magazine | Title: The High Cost of Help in Iraq | 8/28/2003 | See Source »

...Thanks to big spenders like Kapoor, Citibank is finding that its target customer is getting younger. Five years ago, the average age of a Citibank mortgage holder in India was 41; now it's 28. As a result, the U.S. bank has introduced all kinds of programs to attract young Indians. Citibank hooked up with MTV to issue an MTV credit card designed to look like a cassette tape. ATMs are placed in locations where twentysomethings work, such as outside call centers. The bank is even targeting the under-18 crowd with a special debit card that allows kids...

Author: /time Magazine | Title: Hey, Big Spenders | 8/25/2003 | See Source »

...about the case for the Iraq conflict [July 28]: Whenever a bright light is shined on one of President George W. Bush's justifications for the invasion, it seems to have barely enough substance to cast a shadow. Misleading Congress and the American public into waging a war should attract the attention of the House of Representatives. Such behavior surely exceeds the standard for impeachment set for President Bill Clinton over comparatively trivial untruths having nothing to do with his presidential duties. Charles J. Pitts Manassas...

Author: /time Magazine | Title: Letters | 8/25/2003 | See Source »

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