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英语专业学生经典的听力材料Unit3WorldNews:EconomicDevelopmentsPartIWarmingupAWhohavebeenmeetinginHongKongtodaytodiscusstheoutlookfortheglobaleconomy?CentralBankgovernorsfrommorethanadozencountries.WhatdoesUNCTADsayabouttheworldwidetotalofforeigninvestment?Itgrewby40%lastYeartomorethan600billiondollars.Whohasapprovedacutinincometaxrates?TheUnitedStatesHouseofRepresentatives.Whohasannouncedjobcutsafterafallindemandforitsproducts?IntelWhatisitsplan?Toreduceitsworkforceby5,000.WhatdecisionshavebeenmadebyEU,theU.S.andCanadaafteracaseoffoot-and-mouthdiseasewasconfirmedinFrance?EUhasimposedfurtherrestrictionsonthemovementoflivestock.TheU.S.andCanadahaveissuedtemporarybansontheimportofanimalproducefromEU.Tapescript:CentralBankgovernorsfrommorethanadozencountrieshavebeenmeetinginHongKongtoday.OnesubjecttheylikelydiscussedistheoutlookfortheglobaleconomybecauseoftheU.S.slowdownandJapan'sstrugglingrecovery.AnothertopictheymayhavediscussedishowtostrengthenfinancialmarketsinemergingeconomiesinAsiaandelsewhere.AUnitedNations'reportsaystheworldwidetotalofforeigninvestmentgrewbynearly40%lastyeartomorethan600billiondollars.ThereportbytheUNConferenceonTradeandDevelopment,UNCTADsaysmostofittook
placebetweendevelopedcountriesasbigcompaniestookoneanotherover.TheUnitedStatesHouseofRepresentativeshasapprovedacutinincometaxrates,thefirstpartofapackageoftaxcuttingmeasuresputforwardbyPresidentBush.Theincometaxreductionswillamounttonearly1trilliondollarsovertenyears.Theworld'slargestmakerofcomputerchips,Intel,hasannouncedjobcutsafterafallindemandforitsproducts.Intelsaiditexpecteditsrevenueinthefirstquarterofthisyeartofallbyaquarterthanthesameperiodlastyear.TheCalifornia-basedcompanyplanstoreduceits85,000-strongworkforceby5,000.TheEuropeanUnionhasimposedfurtherrestrictionsonthemovementoflive-stockafteracaseoffoot-and-mouthdiseasewasconfirmedinFrance.TheUnitedStatesandCanadahaveissuedtemporarybansontheimportofallanimalproducefromEUcountries.BForeignexchangerates:dollar=Germanmarks=Japaneseyenpound=dollarsShareIndexTOC\o"1-5"\h\zDowJones(upto)6,783(+45)London,s100(upto)4,390(+20)NikkieclosedShareIndex:DowJones10,116(+96)StandrdandPoor,s5001,254(+6)NASDAQ:%)ShareIndex:DowJones8,094(-66)
NASDAQ1,662NASDAQ1,662(-3)FT100(-36)CACQuarante(—33,-1%)DAX(-1%)Mostactivestocks:CableandWirelessHKTup$HSBCdown$TOC\o"1-5"\h\zHutchisondown$ShanglongkaiPropertyup$ChinaTelecomdown$ChangKongdown$PacificCenturyCyberworldsdown$CCTTelecomdown$NewWorldCyberBasedown$HanongHoldingsdown$Goldprices:HongKonggold:HK$2,670Londongold:US$289Earnings:PhilipsElectronics(lastyear):$billion($300million)RoyalDutchShell(4thquarter):$billionElectronicDataSystems(4thquarter):$pershare($up)Tapescripts:ThedollaristradingatoneGermanmarkseventy-threepointthreeandatJapaneseyen.Thepoundbuysonedollarsixty-twopointfour.InNewYork,theDowShareIndexclosed45higherat6,783.EarlierLondon's100ShareIndexended20higherat4,390.InTokyo,theNikkeiShareIndexisclosedforaholiday.
TheDowJonesIndustrialAverageclosedup96pointsat10,116.TheStandardandPoor's500Indexgained6pointstocloseat1,254.ButtheNASDAQIndexlost%ashightechnologyandInternetstockswerebattered.RightnowtheDowisdownanother66pointsat8,094;theNASDAQCompositedown3pointsat1,662.TurningtoEurope'smajormarkets:Londonstockswerehitbyawaveofprofittakingafterfivestraightrecordcloses;theFT100Indexdown36points;Parisseeinglossesaswell,theCACquarantedown33pointsor1%;andFrankfurt'sDAXalsofell1%afterbrieflymovingintorecordterritory.TheHangSengIndexcloseddown89pointsat3,521.Theturnoverwasbilliondollars.Nowlookatthetenmostactivestocks.CableandWirelessHKTup45cents,HSBCholdingsdown50cents,Hutchisondown50cents,ShanglongkaiPropertyup$,andChinaTelecomdown$,ChangKongup25cents,PacificCenturyCyberworldsdown10cents,CCTTelecomdowncents,NewWorldCyberspacedowncents,andHanongHoldingsdown25cents.TheHangSengIndexfutureforNovemberandDecemberwerealldown.HongKonggoldclosedat2,670HongKongdollars,andLondongoldistradingat289.dollars.ConsumerelectronicsmakerPhilipsElectronicsreportedalowerthanexpectedprofitforlastyear.Thecompanymadeabout$billion,morethan$300millionbelowestimates.OilcompanyRoyalDutchShellposteditsearnings.Itmaderoughlya$billionprofitforitsfourthquarter.ThatwasessentiallyinlinewithStreetexpectations.ElectronicDataSystemsalsoreporteditsfourthquarternumberslastnight.Itposteda70-centprofitpershare,twocentsbetterthanexpectations.PartIINewsreportsASummary:
ThisnewsreportisaboutForbes's"Super100Global"list.Answerthequestions:.WhichofthefollowingcorporationsarethetopfiveonForbes'slist?Marktheirranks.CitigroupHSBCBankingCompany--BP-AmocoDaimler-Chrysler1GeneralElectricCorporationnMicrosoft3BankofAmericaHowarethecompaniesranked?Thecompaniesarerankedwithacompositeformula,whichincludestotalsales,profits,assetsandmarketcapitalization,orthetotalvalueoftheirstock.Howarethe100companiesdistributed?46intheUnitedStates,54inEuropeandJapan.WhywerenoneoftheInternet-relatedfirmsincludedinthelist?BecausemostoftheInternet-relatedfirmshavelittleornoprofitssofar.Tapescripts:Forthesecondyearinarow,theGeneralElectricCorporationisrankednumberoneinanannualsurveyofthe100mostpowerfulcorporationsintheworld.Thesurvey,compiledandpublishedbyForbesbusinessmagazine,showsGeneralElectricoftheUnitedStatesrankednumberone,followedinsecondandthirdplacebytheU.S.bankingandfinancialservicesgiantsCitigroupandBankofAmerica.InfourthandfifthplacearetheBritish-basedHSBCBankingCompanyandDaimler-Chrysler,the
German-Americanauto-company.Thecompaniesarerankedwithacompositeformula,whichincludestotalsales,profits,assetsandmarketcapitalization,orthetotalvalueofits(their)stock.Whatthemagazinecallsits"Super100Global"listare46companiesbasedintheUnitedStatesand54inEuropeandJapan.MikeOzanian,theForbeseditorwhocompiledthelist,saysthereisagrowingtrendofinternationalmergersandacquisitions,citingcompaniessuchasDaimler-ChryslerandBP-Amoco,theAnglo-AmericanOilCompany.Mr.OzaniansaysthatdespitethehugecapitalizationsofmanyInternet-relatedfirms,nonewereincludedbecausemosthavelittle,ifany,profits--atleastnotyet.BSummary:ThisnewsreportgivesusageneralpictureoftheU.S.stockmarket.Italsopresentssomeanalysts'viewsonthemarket.Statements:TheDowJonesIndustrialAveragewentuplessthanonepercent,to10,546.AnanalystsaidthatsalesgrowthatIntelcouldbestrongerthanexpected.Retailstocksgainedonstronger-than-expectedsalesbecauseoftheThanksgivingholidayshoppingseason.Salesofexistinghomesfellasteep%inOctober,theirsecondmonthlydecline.AccordingtoinvestmentstrategistAlanSkrainka,thisisaverygoodentrypointforalong-terminvestortogetintothemarket.Tapescript:U.S.stockpricesweremixedonMonday,withthe"blue-chips"inarallymode.Butvolumewasonlymoderateafteraholiday-shortenedweeklast
week,showinglingeringuncertaintyamonginvestors.TheDowJonesIndustrialAveragewentup75points,lessthanonepercent,to10,546.TheS&P500Indexgained7points.ButtheNASDAQCompositebackedoffanearlyrally,takingalossofalmostonepercentonweaknessinselectedtechnologystocks.TheDowIndustrialsactuallygotaboostfromtheirtechnologycomponents.SharesofInteltradedhigherafterananalystsaidsalesgrowthattheleadingcomputerchip-makercouldbestrongerthanexpected.Microsoftstockalsoedgedhigher.Retailstocksgainedonstronger-than-expectedsalesovertheThanksgivingweekend,astheholidayshoppingseasongotunderway.However,analystscautiontheretailpictureisstillcloudedbecausemanystoresofferedbargainstoattractshoppers.ExpertsworrythathigheroilpricesandinterestrateswillmakethisalessthanmerryChristmasseasonforU.S.merchants.ThelatestontheU.S.economypointstoslowergrowth.SalesofexistinghomesfellasteeppercentinOctober,theirsecondmonthlydecline.Manyanalyststhinkuncertaintyovertheeconomymakesitincreasinglylikelythatthemajorstockaverageswillcloselowerfortheyear.ButinvestmentstrategistAlanSkrainkasaysthelonger-termlooksbetter."Noonecanguesswhatwillhappentothemarketoverthenextmonth.Butoverthelong-term,wethinkthemarketlooksverygood.Ifyou'realong-terminvestor,thisisaverygoodentrypointforgettingintothemarketbecausethisiswhatyou'vebeenwaitingfor.Allthefearanduncertaintyinthemarketplaceissettingusupforsomeverygoodvaluesinthemarket."PartIIIVoicemailmaycostcompany,sbusiness
JudJessup(TakeCareHMO):'"personalizedservice…”highservice”…gettingarecording…efficient…costeffective….・"individualproblems".StanleyPlogue(PlogueResearch):・"afour
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