Tag Archive: Business & Economy – Expert

Facebook reveals its new name: Meta

Facebook reveals its new name Meta

©Facebook Connect 2021 Vocabulary: I will read the words, meanings, and sample sentences. Then, repeat after me. rebranding /ree-BRAN-duhng/ [noun] – the act of changing the way that an organization, business company, or product appears to the public Rebranding is one of the best marketing strategies for most companies. moniker /MON-i-ker/ [noun] – a name or nickname She’s the author of three romantic novels under the moniker of Janet Neel. derive /dih-RAHYV/ [verb] – to get something from something else Their daughter’s name was derived from a famous movie character. e-commerce /EE-kom-ers/ [noun] – the business of buying and selling goods and services on the internet E-commerce boomed during the…
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Winter heating bills set to soar in the US as energy prices jump

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Vocabulary: I will read the words, meanings, and sample sentences. Then, repeat after me. surge /surj/ [verb] – to increase suddenly and strongly The taxi fare surged from $12 at 4:00 p.m. to $20 after 5 p.m. because of the rush hour. labor /LEY-ber/ [noun] – work, especially hard physical work The new town hall will require many hours of labor. soar /sawr/ [verb] – to rise very quickly to a high level The TV show’s ratings soared from 4% in the first episode to 20% in the last. interest /IN-ter-ist/ [noun] – money that is charged by a bank or other financial organization for borrowing money Lower interest rates…
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LinkedIn is terminating its site in China

LinkedIn is terminating its site in China

Vocabulary: I will read the words, meanings, and sample sentences. Then, repeat after me. censorship /SEN-ser-ship/ [noun] – the suppression or prohibition of any parts of books, films, news, etc. that are considered obscene, politically unacceptable, or a threat to security Newspapers were silenced by the country’s strict censorship laws. notable /NOH-tuh-buhl/ [adjective] – important and deserving attention Mary graduated from a notable university in the United States. surpass /ser-PAS/ [verb] – to do or be better than Coldplay’s new album surpassed 100,000 UK chart sales in just a week. retreat /ri-TREET/ [noun] – the act of going away from a person or place because you are unwilling to fight…
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UK port delays cause a shortage of Harry Potter toys

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Vocabulary: I will read the words, meanings, and sample sentences. Then, repeat after me. retailer /REE-teyl-er/ [noun] – a person, shop, or business that sells goods to the public Many online retailers resell products at higher prices. ongoing /ON-goh-ing/ [adjective] – continuing to exist or develop, or happening at the present moment There is an ongoing investigation for the incident that happened last week. replica /REP-li-kuh/ [noun] – an exact copy of an object The food replicas displayed at the entrance of Japanese restaurants are fascinating. margin /MAHR-jin/ [noun] – the profit made on a product or service The organization reported a net profit margin of 20% last year. urge…
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Fortnite banned from App Store as legal battle continues

Fortnite banned from App Store as legal battle continues

©Getty Images Vocabulary: I will read the words, meanings, and sample sentences. Then, repeat after me. blacklist /BLAK-list/ [verb] – to put someone’s name on a list of people who are considered not acceptable, which keeps the person from getting jobs, going certain places, or doing particular things The government blacklisted the firm for its illegal operations. take to (somewhere) /teyk-too/ [phrasal verb] – to go somewhere, usually because you are in a difficult or dangerous situation Shiela took to Facebook to show her grief over her mom’s passing. bypass /BAHY-pas/ [verb] – to ignore a rule or official authority Several employees bypassed the company policy, which resulted in their…
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Nike and Costco cite supply problems as the holidays approach

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Vocabulary: I will read the words, meanings, and sample sentences. Then, repeat after me. impose /imPOHZ/ [verb] – to officially force a rule, tax, punishment, etc. to be obeyed or received The government imposed a nationwide ban on smoking in all public places. disruption /dis-RUHP-shuhn/ [noun] – the action of preventing something, especially a system, process, or event, from continuing as usual or as expected The tourists are facing bad weather disruptions. widespread /WAHYD-SPRED/ [adjective] – existing or happening in many places and/or among many people Europe is dealing with widespread unemployment. surge /surj/ [noun] – a sudden and great increase There has been a surge in global housing prices…
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Microsoft now allows its users to sign in without passwords

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Vocabulary: I will read the words, meanings, and sample sentences. Then, repeat after me. corporate /KAWR-per-it/ [adjective] – relating to a large company Clark is assigned to handle corporate clients. avenue /AV-uh-nyoo/ [noun] – a method or way of doing something Instagram is an avenue for people to sell their handmade products. invade /in-VEYD/ [verb] – to enter a a place, situation, or sphere of activity in large numbers, usually when unwanted and in order to take possession or do damage Last night, 11 strangers invaded my cousin’s house party. compromise /KOM-pruh-mahyz/ [verb] – to risk having a harmful effect on something We cannot afford to compromise the safety of…
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Amazon offers to cover college tuition for most hourly workers in the US

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Vocabulary: I will read the words, meanings, and sample sentences. Then, repeat after me. retailer /REE-teyler/ [noun] – a person, shop, or business that sells goods to the public Walmart is America’s largest retailer. retain /ri-TEYN/ [verb] – to keep or continue to have something The restaurant needs to retain its customers. labor /LEY-ber/ [noun] – practical work, especially when it involves hard physical effort He managed to save $700 after a month of intense labor. rival /RAHY-vuhl/ [noun] – a person, group, etc. competing with others for the same thing or in the same area: He is working hard to beat his rivals in the business. incentive /in-SEN-tiv/ [noun]…
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Toyota to cut global production by 40% due to chip shortage

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©Getty Images via BBC Vocabulary: I will read the words, meanings, and sample sentences. Then, repeat after me. component /uh/ [noun] – a part that combines with other parts to form something bigger Fruit is an essential component of a healthy diet. output /OUT-poot/ [noun] – an amount of something produced by a person, machine, factory, country, etc The average output of the factory is 30 cars a day. worsen /WUR-suhn/ [verb] – to become worse or to make something become worse This problem is going to worsen if we stay here and do nothing. funding /fuhnd-ing/ [noun] – money given by a government or organization for an event or…
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Google and Facebook to require COVID-19 vaccinations for employees working at the office

Google and Facebook to require vaccinations for employees working at the office

Vocabulary: I will read the words, meanings, and sample sentences. Then, repeat after me. enterprise /EN-ter-prahyz/ [noun] – an organization, especially a business, or a difficult and important plan, especially one that will earn money Several enterprises have been affected by the pandemic. evaluate /ih-VAL-yoo-eyt/ [verb] – to judge or calculate the quality, importance, amount, or value of something The supervisor evaluates how well the new policy is working. federal /FED-er-uhl/ [adjective] – relating to the central government, and not to the government of a region, of some countries such as the United States Three men were charged with violating federal law. mitigation /mit-i-GEY-shuhn/ [noun] – the act of reducing…
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