2023年经济学人 共享办公公司WeWork提交破产申请

共享办公公司WeWork提交破产申请

The world this week--Business

本周国际要闻--商业

WeWork filed a long-awaited bankruptcy¹ petition, completing its dramatic fall from grace.

WeWork提交了一份等待已久的破产申请，完成了戏剧性的堕落。

In January 2019 the office-sharing company was valued at $47bn; it is now worth roughly 0.1% of that. 2019年1月，这家共享办公公司的估值为470亿美元；现在的估值约为当年的0.1%。

The petition is limited to the firm’s locations in America and Canada, and its franchisees² will continue to operate.

破产申请仅限于这家公司在美国和加拿大的门店，其他地区的特许经营商将继续经营。

American employers created 150,000 jobs in October, fewer than the market had expected and barely half the number for the previous month.

美国雇主在10月份创造了15万个就业岗位，低于市场预期，仅为上个月的一半。

Despite hawkish³ talk from officials at the Federal Reserve and other central banks, investors⁴ took that as a signal that interest rates may fall sooner than they had previously⁵ thought.

尽管美联储和其他央行官员发表了强硬言论，但投资者认为这是一个信号，表明利率下降的时间可能比他们之前预想的要更早。

Lower interest-rate expectations led bond yields to fall.

低利率的预期导致债券收益率下跌。

That was true not just in America, where the ten-year Treasury⁶ yield recently touched 5% and is now 4.5%, but also in Britain, Japan and much of Europe. 这种情况不仅发生在美国，英国、日本和欧洲大部分地区也是如此。美国10年期国债收益率最近达到5%，目前为4.5%。

After a miserable⁷ few months, American shares ended their losing streak⁸ and surged, with the benchmark S&P 500 index posting its best week since November 2022.

在经历了低迷的几个月后，美国股市结束了连续下跌，开始大幅上涨，作为基准的标准普尔500指数创下了自2022年11月以来的最佳单周表现。

Turkey borrowed $2.5bn on the dollar bond market, in its first such deal since April. 土耳其从美元债券市场借入25亿美元，这是自今年4月以来的首次此类交易。

Investors are more inclined to lend to a government that has shaken up its economic team and begun to ditch unorthodox policies, such as keeping interest rates low despite extreme inflation. 投资方更倾向于将贷款放给一个已经改组了经济团队，开始摒弃不正规政策(如在极度通胀的情况下保持低利率)的政府。

The five-year “sukuk” bond was sold with a yield of 8.5%.

此次发售的五年期“伊斯兰债券”收益率为8.5%。

Carlyle, a private-equity giant, reported a disappointing set of results for the third quarter.

私募股权巨头Carlyle集团公布的第三季度业绩令人失望。

Investors have committed less capital than it had hoped to its new buy-out funds.

对于Carlyle集团新的收购基金，投资者投入的资金少于预期。

In the three months to September they attracted $6.3bn of new assets, an 11% decline from the previous quarter. 在第三季度(6至9月)，Carlyle集团吸引了63亿美元的新资产，比上一季度下降了11%。

The firm is shedding jobs and has warned staff that “every single expense is on the table.”

该公司正在裁员，并警告员工“每一笔开支都摆在桌面上”。

KKR, a competitor of Carlyle, was much more upbeat.

Carlyle集团的竞争对手KKR集团的情况则乐观得多。

It reported an improvement in fundraising during the third quarter, to more than $14bn, and announced the launch of new buy-out funds in America and Asia. KKR集团报告称，第三季度融资情况有所改善，融资达到逾140亿美元，并宣布在美国和亚洲推出新的收购基金。

KKR’s share price finished results day 5% higher than it started.

KKR集团的股价较开盘价上涨了5%。

Going by its share price, UBS also recorded good results, despite reporting its first quarterly loss since 2017. 从股价表现来看，瑞银也取得了不错的成绩，尽管瑞银报告了自2017年以来的首次季度亏损。

Investors were in a forgiving mood because the loss derived⁹ from the costs of integrating Credit Suisse, another Swiss bank that UBS bought earlier this year. 投资者之所以容许亏损，是因为这笔亏损来自于整合瑞士信贷的成本。瑞士信贷是瑞银今年早些时候收购的另一家瑞士银行。

(Without these, the bank would have made a pre-tax profit of $844m.) (如果不算收购费用，瑞银的税前利润将达到8.44亿美元。。)The deal is nonetheless likely to provide a big fillip to UBS’s wealth-management business in the long run. 尽管如此，从长远来看，这笔交易可能会给瑞银的财富管理业务带来巨大的利好刺激。

Its investment-banking division, meanwhile, joined many of its European peers in reporting a disappointing quarter. It lost $230m.

与此同时，瑞银的投资银行部门也和许多欧洲同行一样，公布的季度业绩令人失望，损失达2.3亿美元。

1 bankruptcy   

n.破产；无偿付能力

参考例句：

• You will have to pull in if you want to escape bankruptcy.如果你想避免破产，就必须节省开支。
• His firm is just on thin ice of bankruptcy.他的商号正面临破产的危险。

2 franchisees   

n.特许经营人( franchisee的名词复数 )

参考例句：

• Works on these franchisees' facilities were moving ahead rapidly. 这些专营设施的工程正迅速推展。 来自互联网
• Another good source of information about a franchise is other franchisees. 另一个了解特许经营的可靠信息源是其他经营者。 来自互联网

3 hawkish   

adj. 鹰派的, 强硬派的

参考例句：

• My staff's advice that first day was amazingly hawkish. 在第一天，我的僚属们的意见是令人吃惊的鹰派意见。
• Antiwar groups fear Barack Obama may create hawkish Cabinet. 反战团体担心巴拉克·奥巴马可以创建强硬派内阁。

4 investors   

n.投资者，出资者( investor的名词复数 )

参考例句：

• a con man who bilked investors out of millions of dollars 诈取投资者几百万元的骗子
• a cash bonanza for investors 投资者的赚钱机会

5 previously   

adv.以前，先前（地）

参考例句：

• The bicycle tyre blew out at a previously damaged point.自行车胎在以前损坏过的地方又爆开了。
• Let me digress for a moment and explain what had happened previously.让我岔开一会儿，解释原先发生了什么。

6 treasury   

n.宝库；国库，金库；文库

参考例句：

• The Treasury was opposed in principle to the proposals.财政部原则上反对这些提案。
• This book is a treasury of useful information.这本书是有价值的信息宝库。

7 miserable   

adj.悲惨的，痛苦的；可怜的，糟糕的

参考例句：

• It was miserable of you to make fun of him.你取笑他，这是可耻的。
• Her past life was miserable.她过去的生活很苦。

8 streak   

n.条理，斑纹，倾向，少许，痕迹；v.加条纹，变成条纹，奔驰，快速移动

参考例句：

• The Indians used to streak their faces with paint.印第安人过去常用颜料在脸上涂条纹。
• Why did you streak the tree?你为什么在树上刻条纹？

9 derived   

vi.起源；由来；衍生；导出v.得到( derive的过去式和过去分词 )；（从…中）得到获得；源于；（从…中）提取

参考例句：

• Many English words are derived from Latin and Greek. 英语很多词源出于拉丁文和希腊文。 来自《简明英汉词典》
• He derived his enthusiasm for literature from his father. 他对文学的爱好是受他父亲的影响。 来自《简明英汉词典》