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...Cadbury can't be that surprised by Kraft's interest. Ever since U.S. chocolate giant Mars picked up chewing-gum maker Wrigley for $23 billion in 2008 - overtaking Cadbury to become the world's biggest confectioner in the bargain - analysts have held up the British firm as a compelling target for a firm like Kraft. Cadbury boasts around a quarter of the world's fast-growing gum market, a sector Kraft has missed out on. Its muscle in the U.K., Latin America and key emerging markets like India would also complement Kraft's strengths in the U.S. and Europe...

Author: /time Magazine | Title: Will Kraft Swallow British Chocolate Maker Cadbury? | 9/7/2009 | See Source »

...Japanese weren't surprised. They know her as a regular contributor to Mu Magazine, a publication that explores such subjects as UFOs, the possibility that the world may end in 2012 and the esoteric mysteries of the giant heads of Easter Island and the lost sun-worshipping civilizations of South America. (She speaks openly of "eating" the morning sun for energy.)She is sometimes referred to as "Mrs. Occult," because she wrote a monthly spiritual column in Mu,. Never shy about her opinions, she propagates them with gusto on television, discussing everything from religion to cooking, with the authority...

Author: /time Magazine | Title: Japan's First Lady: Introducing 'Mrs. Occult' | 9/7/2009 | See Source »

...Reddy's body deep in the jungles where his helicopter had crashed, the Congress party members in Andhra Pradesh banded together to press the party's central leadership to appoint his son, Y.S. Jaganmohan Reddy, in his place. YSR, as the late chief minister was popularly known, was a giant in regional politics and had run a tightly centralized administration with himself as the locus of authority. He had designated no clear successor. Now, most legislators in the state, being staunch loyalists, are now displaying that loyalty by rallying behind Reddy...

Author: /time Magazine | Title: In India: Will Merit Triumph Over Dynastic Ties? | 9/5/2009 | See Source »

...analyst Amulya Ganguli, "Whenever a politician dies, they try to bring in their son, daughter or wife to cash in on the sympathy factor." Reddy junior, however, is a first-time Member of Parliament and a political novice in a state where his father rose to be a political giant by rescuing the Congress Party there from suicidal infighting...

Author: /time Magazine | Title: In India: Will Merit Triumph Over Dynastic Ties? | 9/5/2009 | See Source »

...after having ruled the nation with an iron fist for 41 years. On Thursday, opposition supporters clashed with security forces in the capital, Libreville, while others in the main economic city of Port-Gentil ransacked shops, set fire to the French consulate and attacked the compound of French oil giant Total. Their grievances were clear: after having helped Omar Bongo squash his political opponents and allegedly siphon off a vast fortune from resource-rich Gabon's coffers, protesters say, French officials now stand idle as Ali Ben Bongo uses that money and inherited influence to steal a presidential election...

Author: /time Magazine | Title: Gabon's Rage at France's Influence in Africa | 9/4/2009 | See Source »

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