Tag Archive: Business & Economy – Expert

Human workers needed as robots ramp up

Industrial Robot arm control holding package box. Banner background for operating of robot machine in the warehouse logistics, Robots manage manufacturing and logistics.

Vocabulary I will read the words, meanings, and sample sentences. Then, repeat after me. ramp (something) up /ramp uhp/ [phrasal verb] – if a business ramps up its activity, it increases it The business disclosed plans to ramp up production output by 10%. cost-cutting /KAWST-KUHT-ing/ [noun] – actions taken to reduce the amount that is spent on a service or within an organization Cost-cutting compromised the service’s quality. e-commerce /EE-kom-ers/ [noun] – the business of buying and selling goods and services on the internet Those in the industry expected that e-commerce would cause malls to become obsolete. deploy /dih-PLOI/ [verb] – to move soldiers or equipment to a place where…
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Royal Caribbean to tie up with SpaceX for faster internet

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Vocabulary: I will read the words, meanings, and sample sentences. Then, repeat after me. installation /in-stuh-LEY-shuhn/ [noun] – the act of putting furniture, a machine, or a piece of equipment into position and making it ready to use Is the installation free? collaboration /kuh-lab-uh-REY-shuhn/ [noun] – the situation of two or more people working together to create or achieve the same thing The two writers worked in close collaboration on the script. innovation /in-uh-VEY-shuhn/ [noun] – (the use of) a new idea or method We need to encourage innovation in industry. reliant /ri-LAHY-uhnt/ [adjective] – needing a particular thing or person in order to continue, to work correctly, or to…
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California to prohibit the sale of all-petrol automobiles in 2035

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Vocabulary: I will read the words, meanings, and sample sentences. Then, repeat after me. compel /kuhm-PEL/ [verb] – to force someone to do something The law will compel employers to provide health insurance. populated /POP-yuh-leyt-id/ [adjective] – (of a place) having people living there The island is populated largely by sheep. surpass /ser-PAS/ [verb] – to do or be better than Young people surpass old men in strength. feasible /FEE-zuh-buhl/ [adjective] – able to be made, done, or achieved Your proposal sounds quite feasible. alliance /uh-LAHY-uhns/ [noun] – a group of countries, political parties, or people who have agreed to work together because of shared interests or aims The two…
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Northern Ireland with the lowest employment rate for disabled people

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© GETTY IMAGES via BBC News Vocabulary I will read the words, meanings, and sample sentences. Then, repeat after me. NEET /neet/ [noun (abbreviation)] – Not in Education, Employment or Training: a name for people aged 16 to 24 who have finished their education and are unemployed There are already more than a million NEETS in Britain. equivalent /ih-KWIV-uh-luhnt/ [adjective] – having the same amount, value, purpose, qualities, etc. There are several principles in Chinese medicine that have no exact equivalent in the West. undervalue /uhn-der-VAL-yoo/ [verb] – to consider someone or something as less valuable or important than he, she, or it really is They never do a comprehensive…
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Airbnb bookings surpass record as travel recovers

Happy young woman with credit card booking vacation at travel agency or making hotel reservation online, using laptop computer, planning abroad trip at home, copy space

Vocabulary I will read the words, meanings, and sample sentences. Then, repeat after me. all-time /AWL-tahym/ [adjective (before noun)] – the highest, lowest, best, etc. that something has ever been The price of rice had hit its all-time high. rebound /ri-BOUND/ [verb] – to return to an earlier and better condition; improve It’s more difficult for older athletes to rebound from injuries. in the midst of (something) /in thuh midst uhv/ [phrase] – in the middle of an event, situation, or activity I’m in the midst of writing a report right now, so I’m afraid I’m too busy. slowdown /SLOH-doun/ [noun] – a reduction in speed or activity The slowdown…
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Netflix and Microsoft collaborate on a lower-cost plan with advertisements

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Vocabulary: I will read the words, meanings, and sample sentences. Then, repeat after me. partner /PAHRT-ner/ [verb] – to join with another person or organization in a business activity Three companies partnered up to buy 193,000 acres of land. advertisement /ad-ver-TAHYZ-muhnt/ [noun] – a picture, short film, song, etc. that tries to persuade people to buy a product or service, or a piece of text that tells people about a job, etc. The advertisement was for a new car. disclose /dih-SKLOHZ/ [verb] – to make something known publicly, or to show something that was hidden The television company has disclosed profits of over $200 million. subscriber /suhb-SKRAHY-ber/ [noun] – someone…
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Singapore uses rooftop farms to increase food production

Rooftop Gardens of University library in center of Warsaw. Green building, plants and many trees. Good location for rest, reading book. Outdoors

Vocabulary I will read the words, meanings, and sample sentences. Then, repeat after me. lease /lees/ [verb] – to make a legal agreement by which money is paid in order to use land, a building, a vehicle, or a piece of equipment for an agreed period of time This year, my lease will expire on September 30. subsidy /SUBH-si-dee/ [noun] – money given as part of the cost of something, to help or encourage it to happen There will be a reduction in the amount of farmer subsidies. existential /eg-zi-STEN-shuh/ [adjective] – relating to existence or being alive The invention of the electric light had significant existential consequences. disruption /dis-RUHP-shuhn/…
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Chat platform Slack to make its pricing higher

Vocabulary: I will read the words, meanings, and sample sentences. Then, repeat after me. proliferate /pruh-LIF-uh-reyt/ [verb] – to increase a lot and suddenly in number The population of the Philippines continues to proliferate over the years. regardless /ri-GAHRD-lis/ [adverb] – not being affected by something He is good to people regardless of how they treat him. modify /MOD-uh-fahy/ [verb] – to change something such as a plan, opinion, law, or way of behavior slightly, usually to improve it or make it more acceptable The team modified their game plan to win the game. enterprise /EN-ter-prahyz/ [noun] – an organization, especially a business, or a difficult and important plan, especially…
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Gbike buys Hyundai’s transportation business

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Vocabulary: I will read the words, meanings, and sample sentences. Then, repeat after me. negotiation /ni-goh-shee-EY-shuhn/ [noun] – the process of discussing something with someone in order to reach an agreement with them, or the discussions themselves The problem was solved through negotiation. desire /dih-ZAHYUHR/ [verb] – to want something, especially strongly I desire peace, not war. merge /MURJ/ [verb] – to combine or join together, or to cause things to do this China and Japan merged for more economic growth. aforementioned /uh-FAWR-men-shuhnd/ [adjective] – mentioned earlier The aforementioned news was said just now. fleet /FLEET/ [collective noun] – a number of buses, aircraft, etc. under the control of one…
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Offshore wind farms to create 29,000 jobs

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Vocabulary: I will read the words, meanings, and sample sentences. Then, repeat after me. sector /SEK-ter/ [noun] – one of the areas into which the economic activity of a country is divided The financial sector has lost a lot of money. initiative /ih-NISH-uh-tiv/ [noun] – a new plan or process to achieve something or solve a problem The initiative is aimed at helping young people. anchor /ANG-ker / [verb] – to lower an anchor into the water in order to stop a boat from moving away The ship anchored near the shore. seabed /SEE-bed/ [noun] – the solid surface of the earth that lies under the ocean The ship has…
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