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...turnaround surprised few, since the Scottish government has been eager to attract investment as proof that Scotland can "go it alone" without tax subsidies from London. Aberdeenshire, with its decimated fishing fleet and dwindling offshore oil fields, has been a specific target for outside investment. Trump has promised to create 6000 jobs there, but that hardly mollified Scotland's conservation bodies. On Monday, the Royal Society for the Protection of Birds, one of the most vocal defenders of the dunes, accused the Scottish government of selling a "greener Scotland down the river" for Trump's money - loaded words...

Author: /time Magazine | Title: Trump to Build Contested Scotland Complex | 11/4/2008 | See Source »

...shopping to sex. But Americans are doing demonstrably less of the former when it comes to cars. Sales are braking quickly, and this month are expected to be at their lowest level in 25 years, industry experts predict. According to J.D. Power, automakers will sell 10.8 vehicles at retail (fleet sales will add another 2.8 million). That's a drop of more than 15% from 2007. "Nobody's is coming into the showrooms," notes a senior official from Volkswagen of America...

Author: /time Magazine | Title: Detroit's Big Three Near the Brink | 10/24/2008 | See Source »

Cheap Fares to Oz. In 1954 Qantas began flying propeller planes from Australia to the U.S. (a three-day journey). Today the airline has added the decidedly faster 450-passenger Airbus A380 to its fleet. To celebrate, Qantas is putting fares on sale: $380 one-way from Los Angeles or San Francisco to Sydney or Brisbane and $480 one-way to Melbourne, for travel...

Author: /time Magazine | Title: Travel News: Low Fares to Oz, and Other Goodies | 10/24/2008 | See Source »

...These days the former Manchester United star rates only the occasional cameo appearance as a substitute, with his starter berth given over to the fleet-footed teenager Theo Walcott. Beckham's past glory - and maritial status as a Spice Dude - notwithstandiing, England coach Fabio Capello has made clear that reputation counts for nothing in his selections; he warns he'll only pick players at the top of their game, testing their skills week in and week out in the world's strongest league. Remaining in Los Angeles would leave Beckham unlikely to make the cut for England...

Author: /time Magazine | Title: Extend It Like Beckham: From LA to Milan | 10/23/2008 | See Source »

...runs $55 billion worth of infrastructure assets, including ports in Britain, an Irish phone company, real estate across Italy, France, Germany and Japan, a fleet of jets, Australian gas, American rail stock, even a telecom cable under San Francisco Bay. Now the credit crunch is forcing it to sell off assets to cut its debt, estimated to total $35 billion...

Author: /time Magazine | Title: End of the Toll Road? | 10/16/2008 | See Source »

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