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...DIED. WALTER ANNENBERG, 94, American media magnate, philanthropist, art collector, and confidant to several postwar Republican presidents, who from 1969 to 1974 served as Richard Nixon's Ambassador to Britain; in Wynnewood, Pennsylvania. Annenberg's flagship publication was the ubiquitous TV Guide, which he founded in 1954 and which hit a circulation peak of nearly 20 million in the mid-1970s...

Author: /time Magazine | Title: Milestones | 10/7/2002 | See Source »

...Questions are also swirling around Yang's Euro-Asia Agricultural (Holdings), his flagship company, which is listed on the Hong Kong stock exchange. Trading in its shares was halted Sept. 30 at the request of the company and it later came to light that Yang had raised money by selling nearly 82 million shares last month for a few cents each, dropping his stake to 49%. Lee Jong-suk, a China watcher at Sejong Institute, a Seoul think tank, says Beijing may have been forced to act quickly before Yang's untidy affairs made him an international diplomatic problem...

Author: /time Magazine | Title: Nice Hiring, Dear Leader | 10/7/2002 | See Source »

...Rodeo Drive in Beverly Hills, to having complete collections for men, women and boys, as well as his own accessories and fragrances. More firsts followed. In 1983 he introduced a collection of designer sheets and other home furnishings. In 1986 he opened the $14 million New York City flagship in the Rhinelander mansion on Madison Avenue and filled it with antiques. To critics who bemoaned the extravagance, Lauren effectively said, "It's the marketing, stupid." Now much of the real estate on upper Madison Avenue is devoted to similar showplaces in which designer after designer presents the lifestyle...

Author: /time Magazine | Title: A Bronx Cowboy In Europe? | 9/2/2002 | See Source »

...Saudis?" (No, is the usual answer). Concerns over everything from the price of oil to the prospect that cutting Saudi Arabia loose might very well hand the country over to the likes of Osama bin Laden are given short shrift. Typical is the essay in the neo-con flagship journal Commentary, arguing for Washington to abandon the Saudis and foment a region-wide revolution against Arab authoritarianism in an effort to remake the Middle East on terms friendlier to the U.S. and Israel...

Author: /time Magazine | Title: Are Saudi Billions Leaving America? | 8/23/2002 | See Source »

...easyJet will not dominate the discount skies. Ryanair already has an operating base in Germany, at Frankfurt-Hahn Airport. The Berlin-based, former charter airline Germania is also focused on the budget traveler. From December, Brussels-based Virgin Express is planning flights from Cologne-Bonn Airport. Even German flagship Lufthansa appears to be getting the message; last month it gave its blessing to a proposal by German carrier Eurowings, in which it has a key shareholding, to enter the budget fray. Soon, Germans may discover what travelers from Britain now take for granted: for the consumer, no-frills fares...

Author: /time Magazine | Title: The Budget Business | 8/4/2002 | See Source »

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