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...from the one his father--and new boss--inherited. Founded a century ago to hawk Canton-made goods such as porcelain, silk and fireworks to the U.S., Li & Fung is the leader among middleman companies, fashioning the world into a smooth-running assembly line in which buttons produced in Sri Lanka and velvet milled in Italy are sewn into a vest at a Shenzhen factory and shipped on time to a store near you. Leading an army of 7,162 workers in nearly 40 countries, Li & Fung is the world's largest consumer-products sourcing company, last year managing...

Author: /time Magazine | Title: Exports: Trading Up | 11/15/2007 | See Source »

...industry--intense global competition, fickle consumer tastes and labor disputes that have occasionally turned violent. India produces more tea than any other country in the world except China, but after years of neglecting to invest in marketing or technology, India has seen its exports fall behind those of Sri Lanka, Kenya and China in the $7.5 billion global tea market...

Author: /time Magazine | Title: India Brews a Stronger Cup | 11/15/2007 | See Source »

...Sri Lankan Air Force says it killed senior Tamil Tiger leader S. P. Tamilselvan and five others in an aerial attack Friday morning. A statement put out by the Liberation Tigers of Tamil Eelam (LTTE), who have spent more than two decades fighting the government of Sri Lanka in an attempt to create a Tamil homeland in the north and east of the Indian Ocean island, confirmed Tamilselvan's death...

Author: /time Magazine | Title: Sri Lanka Kills Rebel Leader | 11/2/2007 | See Source »

...LTTE were meeting - makes the possibility of a negotiated political end to the country's brutal civil war much less likely. Tamilselvan was the head of the LTTE's political wing and the international face of the group. He had been involved in negotiations with the previous Sri Lankan government along with the LTTE's then chief negotiator Anton Balasingham. When Balasingham fell ill and later died, Tamilselvan took over as head of the LTTE team and met with representatives of the current government in Geneva last year. His death means the LTTE has lost both of its main negotiators...

Author: /time Magazine | Title: Sri Lanka Kills Rebel Leader | 11/2/2007 | See Source »

...wouldn't expect a spiritual leader to be able to power-lift 7,000 lbs. with one arm, but charismatic Indian philosopher Sri Chinmoy believed that extreme physical fitness was key to achieving enlightenment and world harmony. A guru with disciples around the globe, he drew attention to his mission by holding "ultramarathon" events that spanned up to 3,100 miles and by lifting trucks, airplanes and people, including Nobel laureates Muhammad Ali and Nelson Mandela...

Author: /time Magazine | Title: Milestones Oct. 29, 2007 | 10/18/2007 | See Source »

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