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...Novartis, from novae artis, Latin for "new skills." But he found it much harder to forge a dynamic culture for the merged company. Ciba's approach was almost academic and plagued by indecision. Sandoz had a command-and-control ethos that Vasella felt discouraged initiative. And there was the matter of strategic focus. Both companies were old chemical manufacturers that had sprouted pharmaceutical arms. Vasella knew his company's future was in pharmaceuticals. Sandoz had already divested most of its chemicals business; Ciba would be required to do the same...

Author: /time Magazine | Title: Drug Lord | 11/13/2007 | See Source »

...with antique furniture and plasma-screen-TV-equipped, marble-encased bathrooms can alight here for $300 to $3,750 a night. A bit pricey, non? "Our guests don't ask the price, they ask for the square footage," sniffs the hotel's directeur-general Guy Luzy. If price does matter, try the Hotel Gault (514-904-1616), a minimalist gem where classic 20th century fixtures and furniture are set against bare white, oak or hot-rolled-steel walls and concrete floors. Tucked away on a quiet Old Montreal street, the Gault's design aesthetic is so gaunt that a visitor...

Author: /time Magazine | Title: The Global Life: A New Panache | 11/13/2007 | See Source »

...location indifferent, we are language indifferent, and we are platform indifferent. It's markets that matter. We are going to be threatened by the advent of broadband. In South Africa, it will be five, 10 years before they have urban broadband, and so one of our really amazing growth products in South Africa is our Zulu paper, which had a 25,000 circulation last year, up to 105,000 this year...

Author: /time Magazine | Title: CEO Speaks: Q&A Sir Anthony O'Reilly | 11/13/2007 | See Source »

...does this matter? There are two immediate reasons. The humanitarian crisis unfolding in Somalia is now on a par, in numbers and acuteness, with Darfur. The U.N. says 1.5 million people need assistance, of which a mere 60,000 are getting it. And Somalia is of significant strategic interest. Pirates based there regularly strike ships heading to and from the Suez Canal, and attacks have rocketed this year. The conflict in Somalia - which pits Ethiopian and T.F.G. troops against Somali rebels, backed by Eritrea - also has the potential to ignite a larger regional war that engulfs the Horn of Africa...

Author: /time Magazine | Title: Somalia's War Flares Up Again | 11/12/2007 | See Source »

Those detainees eventually okayed for release by U.S. officials sign a pledge saying they will not get involved in violence against Iraqi forces or U.S.-led coalition troops. The pledge, usually co-signed by a relative of the detainee, is presented to an Iraqi judge. The matter is then considered closed by the Americans and the Iraqi authorities, and the detainee is free...

Author: /time Magazine | Title: Are Iraq's Detainees Treated Fairly? | 11/12/2007 | See Source »

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