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What They're Watching in England Apparently the spanking wasn't painful enough. Formula One boss Max Mosley is waging a bruising court battle with Britain's News of the World over its report on his allegedly Nazi-themed sadomasochistic orgy with five prostitutes. A video clip of the tryst, which has mesmerized the British tabloids and broadsheets alike, has drawn 3.5 million hits online...

Author: /time Magazine | Title: The World | 7/10/2008 | See Source »

...intensive business. AAR would like a faster return. Both sides might have done better, in fact, if one had taken overall control. Indeed, Putin recently recalled warning BP in 2003 to "agree to one of you having a controlling stake" in order to avoid "frictions over who is the boss...

Author: /time Magazine | Title: Another Fine Mess in the Oil Business | 7/9/2008 | See Source »

...current U.K. Prime Minister Gordon Brown brought up TNK-BP with Dmitri Medvedev, Putin's successor, on the sidelines of the G-8 summit on July 7, the uneasy discussion was of a breakdown in relations between the British and Russian partners. Meanwhile, Dudley, the company's BP-appointed boss, is battling to keep his job. In Moscow that same day, AAR, the Russian consortium that controls 50% of TNK-BP, called for his dismissal, claiming that the business was floundering...

Author: /time Magazine | Title: Another Fine Mess in the Oil Business | 7/9/2008 | See Source »

...with contradiction. As a politician, he was a pragmatist who saw the world as infinitely nuanced. Much of this, I believe, came from living as a black man under an apartheid system that offered a daily regimen of excruciating and debilitating moral choices: Do I defer to the white boss to get the job I want and avoid a punishment? Do I carry my pass...

Author: /time Magazine | Title: Mandela: His 8 Lessons of Leadership | 7/9/2008 | See Source »

...those funds cannily, and both universities are making suitable arrangements. Nick Cavalla, formerly an exec at Man Global Strategies - part of the Man Group, the world's largest publicly listed hedge fund - started work as Cambridge's first chief investment officer in April last year; Sandra Robertson, previously the boss of Portfolio Management at the Wellcome Trust, an influential U.K. medical charity, took up the equivalent role at Oxford five months later...

Author: /time Magazine | Title: Britain's Universities: Funding Excellence | 7/2/2008 | See Source »

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