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When the markets finished to the end of the trading week and in Europe, London's FTSE was down 94 points. That's around one and a half percent. It was even worst in Germany. The Dax's down 159 points. Ah....Similar story in the US, although not quite as bad. The Dow down 41 points, followed by the S&P 500 and the Nasdaq.
And in currencies. The Aussie dollar worth just under 104 US cents. It'll also buy you 67.7 British pence and a dollar.... almost a dollar 23 New Zealand dollars, cents, I should say.
Now, the US government has released new figures showing the American economy added just 88,000 jobs last month, with the unemployment rate dipping slightly lower, to 7.6 percent. The weaker-than-expected data means that American employers hire at its slowest pace in nine months. Analysts1 say continued speculations2 about federal spending cuts may be hampering3 the economy's momentum4.
Europe's business competition authority has cleared the way for a new book publishing venture between the companies behind Random5 House and Penguin6. The plan to create a new publishing firm to be known as “Penguin Random House”was also approved by US regulator last month. The European Commission says it's allowing the venture to proceed because it believes the merged7 entity8 will continue to face several strong competitors.
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1 analysts | |
分析家,化验员( analyst的名词复数 ) | |
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2 speculations | |
n.投机买卖( speculation的名词复数 );思考;投机活动;推断 | |
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3 hampering | |
妨碍,束缚,限制( hamper的现在分词 ) | |
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4 momentum | |
n.动力,冲力,势头;动量 | |
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5 random | |
adj.随机的;任意的;n.偶然的(或随便的)行动 | |
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6 penguin | |
n.企鹅 | |
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7 merged | |
(使)混合( merge的过去式和过去分词 ); 相融; 融入; 渐渐消失在某物中 | |
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8 entity | |
n.实体,独立存在体,实际存在物 | |
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