- •Part II. Finance Unit 1 a country's economy
- •I. Read the following text and be ready to summarise the main idea.
- •II. Answer the following questions:
- •III. According to the text, are the following statements true or false?
- •IV. Complete each sentence with the correct form of the word.
- •V. Read the text and point out the main ideas which are discussed in it. Text II. Africa's Strong Growth
- •VI. Answer the following questions:
- •VII. Match the words from the text with their definitions.
- •VIII. Fill in the gaps with words or word-combinations from the list.
- •I. Listen to the recording and fill in the data on the economy of Aland and Beland.
- •II. Listen to the recording one more time and answer the following questions.
- •I. Using information of International Financial Programme, summarise the situation in Brazil.
- •II. Translate the following article into English: Япония: как обуздать дефляцию?
- •Unit 2 Mergers and takeovers
- •Useful language
- •Read the following text and be ready to summarise the main idea. Text 1. Merger Mania As Telecoms Goes Multimedia
- •III. Match the words from the text with their definitions.
- •IV. Find in the text English equivalents to the following words and create your own sentences using them:
- •V. Read the text and point out the main ideas which are discussed in it. Text II. Novoship Agrees To Merge Limit, As Russian Ship Monopoly Vetoed
- •VI. According to the text, are the following statements true or false?
- •I. Speak out:
- •II. Read the following information and discuss the questions that follow.
- •Unit 3 The Consumer Society
- •Read the following text and be ready to summarise the main idea.
- •II. Answer the following questions:
- •III. Find the sentences in the text that prove the following statements and comment on them:
- •IV. Circle the most appropriate synonym according to the contextual meaning of the word:
- •V. Read the text and point out the main ideas which are discussed in it. Text II. The pr Industry Today
- •VI. Answer the following questions:
- •Fill in the table with the suitable words and expressions to describe all possible pros and cons for each mean of Mass Media:
- •Match the words with their definitions.
- •Unit 4 Commodity markets
- •Read the following text and be ready to summarise the main idea. Text 1. China Effect Convulses Commodity Markets
- •II. Answer the following questions:
- •III. Complete the following lines with the words from the text:
- •IV. Match the words from the text with their definitions.
- •V. Read the text and point out the main ideas which are discussed in it. Text II. Gold Market
- •VI. According to the text, are the following statements true or false?
- •VII. Read text II attentively and finish the statements choosing the best variant.
- •VIII. Find words and phrases in text II corresponding to the following definitions
- •I. Listen to the text and write a short review on Kuala Lumpur trading in palm oil.
- •II. Listen to the recording and write down information about:
- •1. Using information from the recording write a short report for your imaginary client dealing with tea export.
- •2. Don't forget to give a title to your report, briefly summarise the information and give your recommendations in the end. Unit 5 Company finance
- •I. Read the following text and comment on the six effective cost-control strategies outlined in it. Text 1. Do-It-Yourself Growth Capital
- •II. Answer the following questions:
- •III. Rewrite the sentences using the words and word-combinations from the text instead of the underlined ones.
- •IV. Fill in the gaps with the words or word-combinations from the list.
- •V. Read the text and point out the main ideas which are discussed in it.
- •VI. Answer the following questions.
- •VII. Give definitions to the words from the text. Make up your own sentences using them.
- •VIII. Circle the most appropriate synonym to the word according to its contextual meaning.
- •I. Speak out:
- •Unit 6 Bankruptcy and receivership
- •Useful language
- •Read the following text and be ready to summarise the main idea. Text 1. Micky McDonald Ran Westbeach For Five Years. Then It Went Bankrupt.
- •II. Choose the best variant:
- •III. According to the text, are the following statements true or false?
- •IV. Find the words in the text referring to the given definitions:
- •V. Read the text and point out the main ideas which are discussed in it. Text II. Lawsuit Bursts Balloon Of Party-goods Chain
- •Unit 7 Stocks, shares and investment
- •Useful language
- •Read the following text and be ready to summarise the main idea. Text I. Apple Pie Stock Options
- •I1. According to the text, are the following statements true or false?
- •III. Match the words from the text with their definitions.
- •IV. Find English equivalents in the text to the word-combinations that follow:
- •V. Read the text and point out the main ideas which are discussed in it. Text II. Sound Investing During Market Volatility
- •VI. Answer the following questions:
- •VII. Match the words from the text with their definitions.
- •VIII. Continue the list of synonyms with the words from the text:
- •II. Listen again and answer the following questions:
- •Unit 8 Exchange and interest rates
- •Read the following text and be ready to summarise the main idea. Text 1. Forces Behind Exchange Rates
- •I1. Answer the following questions:
- •III. According to the text, are the following statements true or false?
- •IV. Give definitions to the words from the text according to their contextual meaning:
- •V. Read the text and point out the main ideas which are discussed in it. Text II. The Dollar's Decline Accelerates
- •VI. According to the text, are the following statements true or false?
- •Vi1. Find the words in the text referring to the following definitions:
- •VIII. Fill in the gaps with the words or word-combinations from the list:
II. Read the following information and discuss the questions that follow.
Chase Manhattan is taking a minority stake in two British stockbrokers, Simon and Coates and Laurie, Milbank, with a view to acquiring them completely as soon as stock exchange regulations permit.
An agreed bid of 82m was made for Link House Publications by British publishers United Newspapers.
Reckitt and Colman increased their bid for Australian chemists Nicholas Kiwi to A $370m ($310m), topping the rival offer from Consolidated Foods, but still falling short of the market's valuation.
Don Scandia is to buy a 29,9% stake in Savory Milln, the London stockbrokers.
A consortium led by ITT bought the groups of the bankrupt Danish software and computer designer Christian Rovsing.
America's Federal Trade Commission approved the joint venture of General Motors and Toyota to build small cars in California.
British electronics group Thorn EMI said it wants to merge with British Aerospace. The merged company would have annual turnover of over $5 billion and products ranging from pop stars to missiles.
Lloyds Bank is to follow the lead of the other British clearing banks forming its own merchant banking subsidiary.
Jacob Rothschild's firm Charterhouse J. Rothschild will buy the 24,8% stake in Hambro Life owned by Hambros Bank.
Ted Turner's cable-TV company is thinking about bidding against network giant ABC to buy ESPN, America's largest cable channel.
The board of Prentice-Hall, the American publisher, approved a $705m takeover bid from Gull and Western.
Schlumberger, the Franco-American oil services group, is acquiring Sedro, a Dallas-based drilling company for $1.1 billion.
B.A.T. is selling the British retail chain, International Stores, to Dee Corp. for $118m.
International harvester is selling its troubled farm-equipment division to Tenneco for $430m.
The West German steelmakers Krupp Stahl and Klockner-Werke are to merge and team up with Australia's CRA, which will take a 35% stake in the concern.
Britain's second largest tour operator, Intasun Leisure, made a contested $44m bid for the Comfort Hotel chain.
Answer the questions:
1. Which company has been taken over by a group of other companies?
2. Which five other companies are definitely taking over companies?
3. Which five other companies are definitely being taken over?
4. Which eight companies are involved in possible takeovers?
5. Which company is going to own a newly started company?
6. Which tour companies are joining together or want to join together to form two companies?
7. Which four companies are buying minority stakes in which five other companies? Which one of these will probably become a takeover?
8. Which two companies are working together on a new project without changing their ownership?
Writing
Correct spelling and punctuation mistakes in the following memo:
Internal Memorandum
To: all staff
From: mortimer zuckerman
Date: 23 June 2008
Subject: takeover of us news and world report
as you know i have now formally taken over us news and world report and as you have no doubt read in the press i intend to take an active role in the running of the magazine
I appreciate that for various reasons some of you may not wish to stay in the magazine’s staff and you are of course free to leave if you wish however i would like to make it clear that although i will be bringing in some new staff which will involve changes in some of the existing job positions i will honour all existing contracts of employment and all of you are welcome to stay on
I would like to meet you all tomorrow morning at 11 am in the central office to explain the situation further and to hear your views by the end of the week you will all have been given the chance to discuss your individual positions if you wish to do so