An $18.5 billion bid for Unocal made Thursday by one of the largest state-controlled oil companies in China is the latest symbol of the country’s growing economic clout and of the soaring ambitions of its corporate giants. The unsolicited bid by China National Offshore Oil Corp, or CNOOC, initiated the first-ever big takeover battle by a Chinese company for a U.S. corporation. It may also be a watershed in Chinese corporate behavior and demonstrates the increasing influence of Wall Street’s bare-knuckled hostile-takeover tactics in Asia. CNOOC’s bid, which comes two months after Unocal agreed to be sold to Chevron, an American oil giant, for $16.4 billion, is expected to trigger a potentially costly bidding war over California-based Unocal, a large, independent oil. company. Moreover, the bid is likely to provoke a fierce debate in Washington about U.S. trade policies with China and the role of the two governments in the growing trend of deal making between comp
A. $1.75 billion
B. $18.5 billion
C. $16.4 billion
D. $1.3 billion
An $18.5 billion bid for Unocal made Thursday by one of the largest state-controlled oil companies in China is the latest symbol of the country’s growing economic clout and of the soaring ambitions of its corporate giants. The unsolicited bid by China National Offshore Oil Corp, or CNOOC, initiated the first-ever big takeover battle by a Chinese company for a U.S. corporation. It may also be a watershed in Chinese corporate behavior and demonstrates the increasing influence of Wall Street’s bare-knuckled hostile-takeover tactics in Asia. CNOOC’s bid, which comes two months after Unocal agreed to be sold to Chevron, an American oil giant, for $16.4 billion, is expected to trigger a potentially costly bidding war over California-based Unocal, a large, independent oil. company. Moreover, the bid is likely to provoke a fierce debate in Washington about U.S. trade policies with China and the role of the two governments in the growing trend of deal making between comp
A. This is the biggest takeover battle for China.
B. China’s bid will probably trigger a costly biding competition over the company Unocal.
C. The US is planning forbidding Chinese company’s bids for US company.
D. Unocal has agreed to be sold to another American oil company.
France made soccer history here on
Sunday night, when the underdogs beat defending champions Brazil 3-0 to win the
last World Cup this century before a delirious crowd of 80000 people. The host nation fully deserved their ultimate triumph, teaching a static Brazil how to play the disciplined attacking football, which has characterized their campaign at France 98. Players on both sides burst into tears at the final whistle, French President Jacques Chirac raised his arms in triumph and co-organizer Michel Platini broke into a huge grin. Brazil had just played their worst match of the tournament. French coach Aime Jacquet, who now steps down from the national coaching job, siad: "we are very proud, we worked very hard for this. We didn’t just want to be finalists," the 56-year-old man went on. "We have worked very hard for the las A. appreciation B. resentment C. indifference D. jealousy [简答题]Computers and Internet have made it possible for office workers to do much of their work from home instead of working in offices every day. So some suggest working from home should be encouraged as it is good for workers and employers. What is your opinion Write a composition of about 200 words on the following topic:
My View on Working from Home You are to write in three parts. In the first part, state specifically what your opinion is. In the second part, support your opinion with appropriate details. In the last part, bring what you have written to a natural conclusion or a summary. Marks will be awarded for content, organization, grammar and appropriateness. Failure to follow the instructions may result in a loss of marks. [单项选择]根据下面短文回答下列问题。
The sun shines because it is made of glowing gases. It gives off its own light. The moon shines too, but it doesn’t give off any light of its own. We can see the moon only because it reflects light from the sun. The moon travels around the earth about every twenty-nine days. During this time, the moon looks as if it changes size and shape. It seems to grow from a small part of a shining circle into a full circle. Then it becomes small again. The moon doesn’t really change. It is just because we see different parts of it lit up by the sun. The sun shines because it ______. A. gets light from the moon B. is made of glowing gases C. travels around the earth [单项选择] Fish Oil
Much has been made of the benefits of oil derived from fish. It is claimed that people with a diet rich in fish oil have a greatly reduced chance of heart disease and arteriosclerosis. In addition, it has been shown conclusively that people suffering from elevated blood lipids react positively to treatment using fish oils.
limits’’ Diet and Diseases
The advantages of fish oil became apparent after studies some two decades ago of the diet of the Inuit, or Erkimo, populations of Greenland. It was found that the Inuit, with their traditional diet of seal, whale and Arctic fish — a diet very high in fat — suffered practically no heart disease, had near zero incidence of diabetes, and enjoyed a comparatively low rate of rheumatoid arthritis. (Interestingly, incidence of cancer, equal to that found in most other parts of the world, appeared unaffected by the traditional Inuit diet.)
Few Heart Attack Deaths
Until the wo
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