商务英语阅读练习.docx

百度月内将开通百度ting! Baidu to launch free legal music downloads Baidu plans to launch a service offering free legal music downloads this month, a step set to raise hopes among music labels that China is starting to crack down（严厉镇压） further on copyright infringements（违反侵害）.中国最大的在线搜索引擎百度(Baidu)计划在本月启动一项合法的免费音乐下载服务，这一举动将使各音乐厂牌燃起对中国进一步打击侵犯版权行为的希望。Chinas largest online search engine has started testing Baidu Ting, the new service, among a limited number of users before opening it to all later this month, the company said.百度透露，该公司已经开始在数量有限的用户当中测试新服务百度ting!，并将在本月晚些时候向所有用户开放。The move comes amid(在之中) a crackdown on violations vailein （侵害）of intellectual property rights（知识产权） which the government started last October and which has led to the shutdown of many websites that offer pirated pairit （盗版,剽窃）music and films via streaming and downloads.百度采取这一动作之前，中国政府曾从去年10月开始打击侵犯知识产权的行为，导致许多提供盗版音乐和电影的流媒体播放和下载的网站被关闭。The US government, in its annual report on intellectual property rights protection worldwide, kept China on its special watchlist（监控人员名单）but expressed cautious optimism over the countrys recent measures. Beijings special campaign against piracy pairsi might lead to “lasting improvements” in IPR protection, the report said. Last month, the US Trade Representative had included Baidu on a list of “notoriousnut:ris （adj.臭名昭著的）markets” for pirated goods.美国政府在其发布的全球知识产权保护年度报告里，将中国保留在特别观察名单中，但对中国最近采取的措施表达了审慎的乐观。该报告称，北京打击盗版的专项整治运动，或许能导致知识产权保护方面的“持续改善”。上个月，美国贸易代表(US Trade Representative)曾把百度列入盗版产品的“恶名市场”(notorious market)名单。Many foreign rights holders continue to doubt Beijings resolve in the long term. But they see the move by Baidu, which holds a virtual stranglehold(压制自由) over Chinas online search market since Google partly retreated last year, as an encouraging sign sain.许多外国权利人仍然怀疑北京的决心能否长期持续。不过他们认为百度的举动是一个鼓舞人心的迹象，自从谷歌(Google)去年部分撤出中国市场以后，百度几乎完全控制了中国的在线搜索市场。“When Baidu starts to move it means that things might really be changing,” said a foreign entertainment industry executive who declined（下降、拒绝）to be named.一位不愿署名的外国娱乐产业高管说：“如果百度开始采取行动，那就意味着事情可能真的在变化。”Baidu continues to operate Baidu MP3, a site that helps internet users find, stream and download unlicensed music for free. The company refused to comment on when Ting would completely replace that service, but executives have said they are planning to graduallychange the model.百度仍在继续经营百度MP3，该网站帮助互联网用户免费查找、流媒体播放并下载未经授权的音乐。该公司拒绝评论百度ting!何时会彻底取代百度MP3服务，但高管已表示他们计划逐步改变模式。全球最大金矿商76亿美元收购铜矿商Barrick makes agreed $7.6bn offer for copper miner EquinoxBarrick Gold, the worlds biggest gold producer, has made an agreed C$7.3bn ($7.6bn) offer for Equinox i:kwinks Minerals, the Australian-Canadian copper miner that has been the target of a hostile bid from Chinas Minmetals Resources.全球最大黄金生产商巴里克黄金公司(Barrick Gold)，已与澳加铜矿商Equinox Minerals达成73亿加元（合76亿美元）的收购协议。此前，中国五矿资源也试图敌意收购Equinox Minerals。The bid is another sign of the scramble （争夺）for raw materials（原材料）and signals an expansion of Barricks ambitions in the global mining industry.这一出价再次彰显出各方对原材料的争夺，并表明巴里克在全球采矿业的扩张雄心。The Toronto-based trntu Barrick has offered C$8.15 a share for Equinox, compared with Minmetals C$7 per share offer. Craig Williams, Equinoxs chief executive, said Barricks offer “is superior su:piri to the public proposal made by Minmetals in terms of （在方面而言）certainty and value”.总部位于多伦多的巴里克对Equinox的报价为每股8.15加元，高于五矿每股7加元的报价。Equinox首席执行官克雷格威廉姆斯(Craig Williams)表示，巴里克的报价“在确定性和数额方面都优于五矿的公开报价”。Minmetals declined to comment on Monday. It ranks among Chinas largest metals traders and has so far been one of the bolder Chinese miners in terms of overseas deals.五矿周一拒绝置评。该公司是中国最大的金属交易商之一，也是迄今在海外交易方面较大胆的中国矿商之一。However, Peter Munk, Barricks chairman, told the Financial Times that Minmetals has a “much better chance to expand their access to minerals by co-operating with companies like us”. He added: “Having an auction is not in the interests of anybody.”不过，巴里克董事长彼得蒙克(Peter Munk)告诉英国金融时报，五矿“通过与我们这样的企业合作来扩大对矿产的获取，成功机会要大得多”。他补充道：“进行拍卖不符合任何人的利益。”Barricks shares fell more than 5 per cent in morning trading on Monday to C$50.27 on fears that it is paying too much.周一早盘，由于投资者担心出价过高，巴里克股价下跌逾5%，至50.27加元。However, Mr Munk dismissed（不再考虑；解雇）such concerns, noting that the acquisition of Equinox would immediately contribute to Barricks earnings. Mr Munk said: “With copper, youre opening up（开辟） a whole new door where you can provide really meaningful growth while retaining your exposure ikspu to gold.”不过，蒙克对这些担忧不以为然。他指出，收购Equinox将立即提升巴里克的利润。蒙克表示：“有了铜，你就能打开全新的一扇门。你可以在保留黄金敞口的同时，实现十分有意义的增长。”Industry advisers said that, while the acquisition looked expensive relative to Equinoxs earnings, that would not take into account reserves and prospective production.行业顾问表示，尽管与Equinox的利润相比，收购价看上去有些高，但这并没有考虑到储量和预期产量。Barrick expects to produce about 7.8m ounces auns of gold this year and 300m lbs of copper, mainly from the Zaldivar mine in northern Chile tili. Mr Munk said its copper output could potentially quadruple kwdrupl with the help of the Equinox acquisition.巴里克预计今年将生产黄金780万盎司和3亿磅铜，大多产自智利北部的Zaldivar矿。蒙克表示，收购Equinox后，其铜产量有望增加三倍。Equinox has agreed to pay a C$250m termination（终止、结束） fee if it accepts a superior proposal from another bidder. Barrick said that it has acquired a stake of about 2 percent in Equinox.Equinox已同意，如果接受其它竞购者更高的报价，将向巴里克支付2.5亿加元的分手费。巴里克表示，已收购Equinox约2%的股份。译者/陈云飞雷克萨斯发布概念车 Toyotas Lexus set for design shake-up to revive sluggish slgi（萧条的）salesToyotas upscale Lexus brand is set for （为而安排）shake-up（重组）as it battles to revive（使复苏） stodgy（沉闷的）sales and a slipping image among young car buyers.丰田(Toyota)旗下高档品牌雷克萨斯(Lexus)正计划进行一次设计上的变革，以竭力提振停滞的销售量，挽救该品牌在年轻购车者群体中逐渐下滑的形象。An edgier（尖利的）look will be on display this week, when Lexus lifts the wraps（围巾）on a “concept”saloon slu:n（展览场）, known as the LF-Gh, at the New York auto show.在本周的纽约车展上，雷克萨斯将亮相LF-Gh豪华“概念车”，该车具有一种更有棱角的外观。Concept vehicles on display at car shows are often in the realm relm（领域）of fantasy, bearing little resemblance rizemblns（相似）to later production models. But Mark Templin, Lexuss US chief, described the LF-Gh short for Lexus Future Grand（宏伟的）Touring hybrid haibrid（混合物） as “a new face on Lexus”.车展上展出的概念车往往停留在幻想阶段，与投入后期生产的车型几乎毫无相似之处。但雷克萨斯美国分公司负责人马克泰普林(Mark Templin)将LF-Gh车形容为“雷克萨斯的新面孔”LF-Gh代表Lexus Future Grand Touring hybrid（雷克萨斯未来混动版大旅行车）。He said that “a lot of the design concepts in that vehiclevi:ikl will translate into a lot of the cars that well be launching in the next couple of years”.他表示：“这一车型的许多设计概念，都将在我们未来两年推出的众多车型中得以体现”。Interior intiri （内部的）features will also receive a facelift（整容）, including steering（操舵）wheels, clocks and dashboard（仪表盘）layout.该品牌车的内饰也将有所改观，包括方向盘、时钟和仪表盘布局。Lexus has held the number-one spot in the US luxury- vehicle market for the past 11 years, but fell behind both Mercedes-Benz m:sidi:z and BMW in the first three months of this year.过去11年来，雷克萨斯在美国的高档车市场一直处于龙头位置，但在今年前三个月落后于梅塞德斯-奔驰(Mercedes-Benz)和宝马(BMW)。It also faces growing challenges from Audi, Cadillac and South Koreas Hyundai.来自奥迪(Audi)、卡迪拉克(Cadillac)和韩国现代(Hyundai)的挑战也在逐渐加大。While Lexuss January-March sales were 6.2 percent higher than a year earlier, Audi gained 22 per cent and Cadillac 35 per cent. Hyundais Equus is priced far below the comparable Lexus model.雷克萨斯今年前三个月的销售额同比增长6.2%，而奥迪和卡迪拉克则分别增长22%和35%。现代雅科仕(Equus)的定价远远低于雷克萨斯同级车型。Lexuss German rivals are launching smaller, sportier models. Mercedes will show a small A-Class concept at the New York and Shanghai shows this week, while BMW has announced plans for new models based on the Mini platform.雷克萨斯的德国竞争对手正推出更小、更运动的车型。梅塞德斯将在本周的纽约和上海车展上展示一种小型A级概念车，而宝马则已宣布了推出基于Mini平台的新车型的计划。Mr Templin said increasingly stringentstrindnt（严厉的）US fuel-economy and emissionsimin（排放）rules were forcing Mercedes and BMW “to do things that were not going to do”. “We have this big sister division called Toyota that already does that,” he said.泰普林表示，美国越来越严格的燃油经济性及排放规定正迫使梅塞德斯和宝马“去做我们不会做的事情”。“我们已经有丰田品牌这么做了。”“We dont want to water down（冲淡）our brand by going down market too much. Small can still be luxuriouslgu:ris, but it will be interesting to see whether people are willing to pay for expensive small cars.”“我们不想太降低档次，让我们的品牌打折扣。小型车仍可能豪华，但人们是否愿意花钱买昂贵的小型车？这将很有意思。”标普：重组希腊债务将构成违约 Greek debt shake-up（使改组，使重组）would be default, warnsS&PThe increasingly likely move by Athens inz（雅典）to ask bondholders for a voluntaryvlntri debt restructuring ri:strktri would amount to（总计, 等于）a default（违约）, Standard & Poors warned on Monday as it cut Greeces credit rating two notches nt(等级、刻度).标准普尔(Standard & Poors)周一将希腊信用评级下调了两级，并发出警告称，希腊政府日益可能采取的要求债券持有人自愿进行债务重组的举动将构成违约。The rating agency said demands from countries such as Germany that Athens should extend the debt payment maturities mtjuriti (成熟到期)on bail-out beilaut（纾困、应急措施） loans would probably lead to similar demands on private creditors. “Such private-sector burden sharing would likely constitute knstitju:t（构成组成）a distressed exchange（廉价交易）.for which we assign a rating（评定） of selective default,” S&P said.该信用评级机构表示，德国等国家要求希腊延长纾困贷款的债务偿还期限，很可能会导致对私人债权人的类似要求。“这种要求私人部门分担负担的行为，可能构成廉价交易对此我们给出选择性违约的评级，”标普表示。The downgrade to B, six notches into junk territory, comes after European politicians acknowledged publicly that Greeces 110bn rescue package was insufficient and more help would be needed.此次降级发生在欧洲政界人士公开承认1100亿欧元的希腊纾困方案不够、需要更多援助之后。希腊的评级被降至B级，跌入垃圾级范围已有6级。Jean-Claude Trichet, European Central Bank president, said on Monday he had “nothing to add or withdraw” from the line taken by the chairman of the weekends eurozone meeting who said Greece needed “a further adjustment programme”.欧洲央行(ECB)行长让-克洛德特里谢(Jean-Claude Trichet)周一表示，对于周末欧元区会议的主席有关希腊需要“进一步调整计划”的表态，他没有“什么要添加或删减的”。But the ECB is strongly opposed to a debt restructuring and does not see an extension of maturities referred to as a debt reprofiling by some politicians as feasible or effective.但欧洲央行强烈反对债务重组，也不认为延长债务到期期限某些政界人士称之为“债务重新布局”是可行或有效的。Investors are confused by the terms used by policymakers to describe restructuring. Eurozone ministers at the weekend excluded the option of restructuring. But German and Greek officials have said “voluntary restructuring” is envisaged. Such a move would see bondholders paid back but at a later date, something S&P says would amount to selective default.投资者被政策制定者们用来描述债务重组的词语搞得一头雾水。欧元区部长们在周末排除了重组这一选择。但德国与希腊官员称，他们在设想“自愿重组”的做法。自愿重组后债券持有人仍将得到债务偿还，只是偿还时间将推迟标普认为这将构成选择性违约。译者/何黎中国大举囤积推高稀土价格 Rare earth prices soar as China stocks up英国金融时报 何丽 北京报道 字号 最大 较大 默认 较小 最小 背景 中文 评论 打印 电邮 收藏 腾讯微博 新浪微博 Prices of some rare earth metals have doubled in just three weeks amid heavy stockpiling in China that has raised fears over global supplies.一些稀土的价格已在短短三周内增加一倍。目前中国大举囤积稀土的行为令人担心全球供应。China produces more than 90 per cent of the worlds rare earths, which refer to 17 elements used in hybrid cars, fluorescent lights and many high- technology applications.中国稀土产量占全球总产量的90%以上。稀土是17种元素的总称，它们用于混合动力汽车、荧光灯和许多高技术应用。A recent crackdown by Beijing on rare earth mines and restrictions on exports have caused chaos in some of these markets.北京方面近期对稀土矿的整治以及对稀土出口的限制，已在其中一些稀土市场引发混乱。Japan and the US, the worlds biggest importers of rare earths, have repeatedly voiced concerns to China, while complaints from industrial users of rare earths have been growing. Last year, China cut rare earth exports by 40 per cent and temporarily banned exports to Japan during a political dispute.日本和美国是全球两大稀土进口国，这两个国家已再三向中国表示关切，与此同时，工业界稀土用户的抱怨声越来越响亮。去年，中国将稀土出口减少40%，并在一起政治争端期间暂停对日本出口。Rare earth prices have already been rising sharply this year, but the recent price spike has puzzled Chinese analysts, who blamed it largely on hoarding by companies who expect prices to rise further.今年稀土价格本来已经在快速上涨，但近期的井喷式涨价令中国分析师们困惑，他们在很大程度上将其归咎于预期价格将进一步上涨的企业囤积居奇。Heavy rare earths have been the most affected. The price for terbium oxide, used in hybrid cars and sonar systems, has risen to Rmb20,000 ($3,000) per kilogramme from Rmb8,750 per kg less than three weeks ago.重稀土受到最大影响。用于混合动力汽车和声纳系统的氧化铽的价格已从不到三周前的每公斤8750元人民币，涨至每公斤2万元人民币（合3000美元）。“Its a bubble, its got to be, there is no end use that can stand that price,” one European trader of rare earths said.“这是一个泡沫，肯定是，没有哪一种最终用途能够承受那样的价位，”一名欧洲稀土交易员表示。In recent testimony to Congress, General Electric, which uses rare earths for train engines, wind turbines and CAT scan equipment, urged Washington to take action to ensure domestic supplies of rare earths in the US.通用电气(GE)在铁路机车、风力发电机和CT扫描设备中采用稀土。该公司最近在美国国会作证时，敦促华盛顿方面采取行动，确保美国国内的稀土供应。Some observers believe the US and EU may bring a case against Chinas rare earth policies to the World Trade Organisation, which is reviewing Chinese export restrictions on other r