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Some analysts1 believe Fairfax Media is now at risk of a private equity2 bid after its shares plunged3 to a new low. The share price tumble comes after an unsuccessful bid by the company's biggest shareholder4 Gina Rinehart to offload more of her stake. Mrs Rinehart tried to sell about one third of her 15 percent holding in Fairfax after it posted a full-year loss on Thursday nearly 3 billion dollars.
A court in Seoul has ruled that Apple and Samsung infringed5 each other's patents on mobile devices. As a result, the court has ordered a partial ban on the sales of their products in South Korea. The court ruling comes as the two firms are locked in a bitter patent battle that could determine their fight for supremacy6 in the global smart phone market. The court found that Apple breached7 two of Samsung's technology patents, ordering it to pay around 33 million dollars. It also ordered Samsung to pay around 20 million dollars for violating one of Apple's patents.
When Eurozone leaders met again overnight, putting further pressure on Greece to keep the promises it made to its lenders, the Greek Prime Minister Antonis Samaras asked for more time to make painful austerity cuts. The German Chancellor8 Angela Merkel says she wants Greece to stay in the Eurozone, but it has to meet its reform targets.
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1 analysts | |
分析家,化验员( analyst的名词复数 ) | |
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2 equity | |
n.公正,公平,(无固定利息的)股票 | |
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3 plunged | |
v.颠簸( plunge的过去式和过去分词 );暴跌;骤降;突降 | |
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4 shareholder | |
n.股东,股票持有人 | |
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5 infringed | |
v.违反(规章等)( infringe的过去式和过去分词 );侵犯(某人的权利);侵害(某人的自由、权益等) | |
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6 supremacy | |
n.至上;至高权力 | |
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7 breached | |
攻破( breach的现在分词 ); 破坏,违反 | |
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8 chancellor | |
n.(英)大臣;法官;(德、奥)总理;大学校长 | |
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