Tag Archive: Business & Economy – Expert

Europe spearheads AI regulation

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Vocabulary: I will read the words, meanings, and sample sentences. Then, repeat after me. legislation /lej-is-LEY-shuhn/ [noun] – a law or set of laws suggested by a government and made official by a parliament The organization advocates for legislation that protects the rights of marginalized communities. ethical /ETH-i-kuhl/ [adjective] – relating to beliefs about what is morally right and wrong The ethical responsibility of journalists is to report news accurately and objectively, without bias or sensationalism. fundamental /fuhn-duh-MEN-tl/ [adjective] – forming the base, from which everything else develops Basic literacy and numeracy skills are fundamental to a person’s education and ability to succeed in life. framework /FREYM-wurk/ [noun] – a…
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Meta reports increased user growth but declining profits

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Vocabulary: I will read the words, meanings, and sample sentences. Then, repeat after me. core /kohr / [adjective] – most important or most basic The core issue in this debate is whether we should prioritize economic growth or environmental protection. restructure /ree-STRUHK-cher / [verb] – to organize a company, business, or system in a new way to make it operate more effectively The company plans to restructure its operations in order to cut costs and become more efficient. cannot afford /ka-NOT-uh-FAWRD/ [idiom] – If you cannot afford to do something, you must not do it because it would cause serious problems for you He cannot afford to get sick right…
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Apple, Goldman Sachs launch high-yield savings account with 4.15% interest

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Vocabulary: I will read the words, meanings, and sample sentences. Then, repeat after me. yield /yeeld/ [noun] – an amount of something positive, such as food or profit, that is produced or supplied The yield on the new bond was attractive to investors because it promised higher returns than other similar investments. sector /SEK-ter/ [noun] – one of the areas into which the economic activity of a country is divided The technology sector has been growing rapidly over the past decade, with new startups emerging every year. substantially /suhb-STAN-shuh-lee/ [adverb] – to a large dergree After implementing the new marketing strategy, the company’s sales increased substantially, surpassing its quarterly target….
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YouTube CEO steps down after nine years

Wroclaw, Poland - OCT 23, 2019: Man holding smart phone with YouTube logo on screen. YouTube is most popular video service developed by Google.

Vocabulary I will read the words, meanings, and sample sentences. Then, repeat after me. step down /STEP doun/ [phrasal verb] – to give up a job or position The manager was forced to step down due to poor health. commend /kuh-MEND/ [verb] – to formally praise someone or something Readers commend Sasaki for his meticulous attention to detail. portfolio /pohrt-FOH-lee-oh/ [noun (business)] – the range of products or services that a company offers, or the businesses that someone owns The response from customers to our product portfolio has been very positive. surpass /ser-PAS/ [verb] – to do or be better or greater than something This year, sales of children’s books…
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UK government to regulate “buy-now, pay-later” businesses

BNPL Buy now pay later online shopping service on smartphone. Online shopping. Paying after delivery. Complete the payment after purchase at no added cost. Payment after credit check. Easy way to shop online. Afterpay service

Vocabulary I will read the words, meanings, and sample sentences. Then, repeat after me. curtail /ker-TEYL/ [verb] – to stop something before it is finished, or to reduce or limit something Schools had to curtail after-school programs due to budget shortages. affordability /uh-for-duh-BI-luh-tee/ [noun] – the state of being cheap enough for people to be able to buy Data from Belgravia cannot be used to evaluate housing affordability in London. accrue /uh-KROO/ [verb] – to increase in number or amount over a period of time Your money will accrue interest if you keep it in a savings bank. grace period /greys PEER-ee-uhd/ [noun phrase] – extra time you are given…
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Green initiatives are accelerating UK growth

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Vocabulary: I will read the words, meanings, and sample sentences. Then, repeat after me. transition /tran-ZISH-uhn/ [noun] – a change from one form or type to another, or the process by which this happens The transition from a totalitarian regime to a democratic government was not without its challenges and obstacles. leadership /LEE-der-ship / [noun] – the set of characteristics that make a good leader Effective leadership requires not only a clear vision and strategic plan but also the ability to inspire and motivate a team toward a common goal. momentum /moh-MEN-tuhm/ [noun] – the quality that keeps an event developing or making progress after it has started With growing…
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Masterclasses offered to small business owners

Presenter Presenting on Stage at Conference Meeting. Professiona

Vocabulary I will read the words, meanings, and sample sentences. Then, repeat after me. masterclass /MAS-ter-klas/ [noun] – a class taught by someone who has an expert knowledge or skill in a particular area She was at the village to teach aspiring young players in a masterclass. upskill /UHP-skil/ [verb] – to learn new skills or to teach workers new skills If the employees are going to take over the project, we need to upskill them. consultation /kon-suhl-TEY-shuhn/ [noun] – a meeting to discuss something or to get advice The fee for a 30-minute consultation is $60. cost of living /kost ov LIV-ing/ [noun] – the amount of money that…
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Cost of living affects people’s purchase habits for Christmas toys

KUALA LUMPUR, MALAYSIA -JULY 22, 2019: Children's toys are hung

Vocabulary I will read the words, meanings, and sample sentences. Then, repeat after me. impulse purchase (buy) /IM-puhls PUR-chuhs/ [noun] – something that you buy suddenly and without thinking carefully It was an impulsive purchase; I hadn’t expected to buy another pair of shoes. sweet spot /sweet spot/ [noun] – the particular situation, quality, combination of things, etc. that is the best or most effective possible There is a sweet spot on every restaurant wine list where you may get the best bottles at the best rates. overindulge /oh-ver-in-DUHLJ/ [verb] – to allow someone to have more of something enjoyable than is good for them It’s challenging to avoid overindulging…
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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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