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Even as overall premium-fare business travel has withered over the past year, superior service remains in strong demand on marathon flights from the U.S. and Europe to Asia. And long-haul routes are far cheaper to operate per passenger mile than, say, the Richmond, Va., to Memphis, Tenn., flight that domestic airlines provide. While profit margins for all Asian carriers are relatively high, SIA's has been 50% higher, according to an industry analyst, than Qantas' and double that of Japan Airlines...

Author: /time Magazine | Title: Fly Above The Storm | 11/14/2007 | See Source »

Between 1950 and 2005, the world's use of oil grew more than eightfold, bringing global demand to 85 million bbl. of oil per day. Despite that incredible growth, the world's oil appetite is just getting a head of steam, as countries like China and India finally move toward lifestyles comparable to those of Europe and the U.S. Most oil-forecasting models show demand rising to between 120 million and 130 million bbl. per day by 2025 or 2030. The only way this demand can be met is for most of the additional supply to come from the Middle...

Author: /time Magazine | Title: Energy: The Real Oil Shock | 11/14/2007 | See Source »

...company treats patients in Bangkok, where medical standards are top-notch and interest in high-tech treatment and medical tourism is booming. The process costs about $30,000 per patient, plus physician's and travel expenses, but Fulga hopes the figure can be reduced to less than...

Author: /time Magazine | Title: A Stem-Cell Prospect for Ailing Hearts | 11/14/2007 | See Source »

...world's financial community. The headlines are grim. The U.S. housing slump is worsening. Banking giants such as Merrill Lynch and Citigroup are posting record losses. The U.S. dollar is getting pounded by the British pound - and virtually every other currency. Oil has run up as high as $98 per bbl., and gold - the traditional doomsday investment - has topped $800, its highest level since the early 1980s...

Author: /time Magazine | Title: Bottom Dollar | 11/14/2007 | See Source »

...said. “You know the league, you know the pace of play.” Richter currently leads the nation in both save percentage (.975) and goals against average (0.75). He has already recorded 117 saves in just four games, averaging just over 29 saves per game. “Nothing needs to be said about Kyle Richter,” co-captain Dave MacDonald said. “He was just playing confidently and it’s nice to have that behind us, that’s for sure...

Author: By Kate Leist, CONTRIBUTING WRITER | Title: Richter Stands Out for Harvard--Again | 11/14/2007 | See Source »

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