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...Porsche announced the U-turn late on Wednesday after a series of intense meetings between Wolfgang Porsche and Ferdinand Piech, the patriarchs of the families that control the two iconic German companies. Now, VW and Porsche will enter weeks of intense talks to thrash out the final structure of a merger that will add Porsche as a tenth brand to VW's stable, which already includes Audi, Bentley and Czech manufacturer Skoda, as well as the VW brand. (See the 50 worst cars of all time...

Author: /time Magazine | Title: Porsche and VW Agree to a Merger | 5/7/2009 | See Source »

...Lankan Army is fighting - and apparently about to win - a 25-year-old war against the Liberation Tigers of Tamil Eelam (LTTE), a brutal ethnic separatist movement. Alongside the conventional war, which is now in its final stages, Sri Lankan President Mahinda Rajapaksa has been fighting a carefully orchestrated public-relations battle...

Author: /time Magazine | Title: Behind Colombo's P.R. Battle Against the Tamil Tigers | 5/6/2009 | See Source »

...colonial power Britain - is an issue of national pride for the Sri Lankan government. "They don't want to be told what to do," says Paikiasothy Saravanamuttu, executive director of the Centre for Policy Alternatives, a research institute in Colombo, and does not want humanitarian concerns to derail the final push against the LTTE...

Author: /time Magazine | Title: Behind Colombo's P.R. Battle Against the Tamil Tigers | 5/6/2009 | See Source »

...military is moving cautiously. Military officers near the combat zone say that they believe that Prabhakaran is very close, suspected to be holed up at Vellamullivaikal, deep within the 7-km-long sliver under the Tigers. There is one unspoken fear among them: what will the final Tiger strategy be? The Army is hoping for mass surrender, but bracing for the possibility of mass suicide. The world might not be present to see what happens...

Author: /time Magazine | Title: Behind Colombo's P.R. Battle Against the Tamil Tigers | 5/6/2009 | See Source »

...vote also earned praise from animal welfare groups, who say that seals are sometimes skinned while still conscious. "The Parliament has hammered the final nail in the coffin of the sealing industry's market in the E.U.," said Lesley O'Donnell, from the International Fund for Animal Welfare. "The decision will save millions of seals from a horrible fate," added Humane Society International director Mark Glover...

Author: /time Magazine | Title: Canada Battles the E.U. Over Baby Seals | 5/6/2009 | See Source »

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