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Reverse the Charges Maybe mobile phones aren't such a bad business after all. Having bailed out of the crowded, pricey wireless sector in 2001, both BT and AT&T last week made it clear they want back in. Britain's largest residential telecom announced a deal with longtime rival Vodafone to offer the world's first fully converged handset that acts both as a mobile and as a fixed-line phone. BT's U.S. counterpart, AT&T, similarly announced an agreement with a big rival to offer AT&T-branded mobile services via the Sprint network. Why the rush...

Author: /time Magazine | Title: Biz Watch | 5/23/2004 | See Source »

...Football Club have in common? The answer: globalization is not an irresistible force. In India, the prosperity that has accrued to those who are part of the global economy was not enough to secure a victory for the political party that had boasted of India's shining high-technology sector. In Liverpool, an attempt by Thailand's Prime Minister Thaksin Shinawatra to purchase 30% of the club was-according to a poll in a local newspaper-opposed by 87% of the Reds' fans, who instead wanted the club's board to accept a rival offer from Steve Morgan, a local...

Author: /time Magazine | Title: The Appeal of the Familiar | 5/17/2004 | See Source »

Building the Lip Service Sector Do France and Germany really want to build world-class companies? Last week Jacques Chirac and Gerhard Schröder swore they did, pledging to team up to develop "the industrial champions that Europe needs," in the words of the French President. A top-level delegation of French ministers will head to Berlin in late May to trade ideas with their German counterparts. But watch what they do, not what they say: officials on both sides say the move is largely an attempt to patch up bad feelings in Germany over recent French market interventions...

Author: /time Magazine | Title: Biz Watch | 5/16/2004 | See Source »

Luberoff said that his second goal is to encourage undergraduates and graduates to enter the public sector...

Author: By Amanda L. Rautenberg, CONTRIBUTING WRITER | Title: KSG Prof Joins Rappaport | 5/14/2004 | See Source »

...Gandhi name may be in the symbolic language of Indian political advertising, the defeat of the Hindu-nationalist government of Atal Behari Vajpayee's BJP had a lot more to do with the economy. By many measures, that's a rising star, with growth rates and a booming tech sector that make it the toast of Wall Street and Silicon Valley. Hence Vajpayee's decision to call an early election, advised by his handlers that he would surf the crest of the economic good times his liberalization policies had produced. "India is shining" was the slogan chosen...

Author: /time Magazine | Title: Why India's Government Lost | 5/14/2004 | See Source »

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