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(单词翻译:双击或拖选)
A report on the collapse1 of Lehman Brothers has found it disguised its financial position four weeks before filing for bankruptcy2. The collapse of the American investment bank in September helped trigger the global financial crisis. Now a court-appointed examiner has criticized senior executives and auditor3 Ernst & Young for the serious lapses4 that they caused.
British Airways5 cabin crew have announced strikes as talks between the airline and unions over pay and conditions break down. The company says it'll try to run as many services as possible despite the strikes which will run for three days from March 20th and another four days from 27th.
And there's been mixed economic data from the US. The latest retail6 figures show a surprise rise in sales in February. But optimism on US markets was dampened by weak consumer sentiment. Wall Street ended the week relatively7 flat. European shares closed at their highest level in almost two months despite that mixed data from the US.
In Asia, Japan's Nikkei hit its highest close in seven weeks on Friday as exporters gain on speculation8 that the yen9 will weaken. And the local market closed marginally higher with modest gains across the board.
And that's ABC Business News
1 collapse | |
vi.累倒;昏倒;倒塌;塌陷 | |
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2 bankruptcy | |
n.破产;无偿付能力 | |
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3 auditor | |
n.审计员,旁听着 | |
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4 lapses | |
n.失误,过失( lapse的名词复数 );小毛病;行为失检;偏离正道v.退步( lapse的第三人称单数 );陷入;倒退;丧失 | |
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5 AIRWAYS | |
航空公司 | |
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6 retail | |
v./n.零售;adv.以零售价格 | |
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7 relatively | |
adv.比较...地,相对地 | |
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8 speculation | |
n.思索,沉思;猜测;投机 | |
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9 yen | |
n. 日元;热望 | |
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