2023年经济学人 共享办公公司WeWork提交破产申请

（单词翻译）

共享办公公司WeWork提交破产申请

The world this week--Business

本周国际要闻--商业

WeWork filed a long-awaited bankruptcy¹ petition, completing its dramatic fall from grace.

WeWork提交了一份等待已久的破产申请，完成了戏剧性的堕落。

In January 2019 the office-sharing company was valued at $47bn; it is now worth roughly 0.1% of that. 2019年1月，这家共享办公公司的估值为470亿美元；现在的估值约为当年的0.1%。

The petition is limited to the firm’s locations in America and Canada, and its franchisees² will continue to operate.

破产申请仅限于这家公司在美国和加拿大的门店，其他地区的特许经营商将继续经营。

American employers created 150,000 jobs in October, fewer than the market had expected and barely half the number for the previous month.

美国雇主在10月份创造了15万个就业岗位，低于市场预期，仅为上个月的一半。

Despite hawkish³ talk from officials at the Federal Reserve and other central banks, investors⁴ took that as a signal that interest rates may fall sooner than they had previously⁵ thought.

尽管美联储和其他央行官员发表了强硬言论，但投资者认为这是一个信号，表明利率下降的时间可能比他们之前预想的要更早。

Lower interest-rate expectations led bond yields to fall.

低利率的预期导致债券收益率下跌。

That was true not just in America, where the ten-year Treasury⁶ yield recently touched 5% and is now 4.5%, but also in Britain, Japan and much of Europe. 这种情况不仅发生在美国，英国、日本和欧洲大部分地区也是如此。美国10年期国债收益率最近达到5%，目前为4.5%。

After a miserable⁷ few months, American shares ended their losing streak⁸ and surged, with the benchmark S&P 500 index posting its best week since November 2022.

在经历了低迷的几个月后，美国股市结束了连续下跌，开始大幅上涨，作为基准的标准普尔500指数创下了自2022年11月以来的最佳单周表现。

Turkey borrowed $2.5bn on the dollar bond market, in its first such deal since April. 土耳其从美元债券市场借入25亿美元，这是自今年4月以来的首次此类交易。

Investors are more inclined to lend to a government that has shaken up its economic team and begun to ditch unorthodox policies, such as keeping interest rates low despite extreme inflation. 投资方更倾向于将贷款放给一个已经改组了经济团队，开始摒弃不正规政策(如在极度通胀的情况下保持低利率)的政府。

The five-year “sukuk” bond was sold with a yield of 8.5%.

此次发售的五年期“伊斯兰债券”收益率为8.5%。

Carlyle, a private-equity giant, reported a disappointing set of results for the third quarter.

私募股权巨头Carlyle集团公布的第三季度业绩令人失望。

Investors have committed less capital than it had hoped to its new buy-out funds.

对于Carlyle集团新的收购基金，投资者投入的资金少于预期。

In the three months to September they attracted $6.3bn of new assets, an 11% decline from the previous quarter. 在第三季度(6至9月)，Carlyle集团吸引了63亿美元的新资产，比上一季度下降了11%。

The firm is shedding jobs and has warned staff that “every single expense is on the table.”

该公司正在裁员，并警告员工“每一笔开支都摆在桌面上”。

KKR, a competitor of Carlyle, was much more upbeat.

Carlyle集团的竞争对手KKR集团的情况则乐观得多。

It reported an improvement in fundraising during the third quarter, to more than $14bn, and announced the launch of new buy-out funds in America and Asia. KKR集团报告称，第三季度融资情况有所改善，融资达到逾140亿美元，并宣布在美国和亚洲推出新的收购基金。

KKR’s share price finished results day 5% higher than it started.

KKR集团的股价较开盘价上涨了5%。

Going by its share price, UBS also recorded good results, despite reporting its first quarterly loss since 2017. 从股价表现来看，瑞银也取得了不错的成绩，尽管瑞银报告了自2017年以来的首次季度亏损。

Investors were in a forgiving mood because the loss derived⁹ from the costs of integrating Credit Suisse, another Swiss bank that UBS bought earlier this year. 投资者之所以容许亏损，是因为这笔亏损来自于整合瑞士信贷的成本。瑞士信贷是瑞银今年早些时候收购的另一家瑞士银行。

(Without these, the bank would have made a pre-tax profit of $844m.) (如果不算收购费用，瑞银的税前利润将达到8.44亿美元。。)The deal is nonetheless likely to provide a big fillip to UBS’s wealth-management business in the long run. 尽管如此，从长远来看，这笔交易可能会给瑞银的财富管理业务带来巨大的利好刺激。

Its investment-banking division, meanwhile, joined many of its European peers in reporting a disappointing quarter. It lost $230m.

与此同时，瑞银的投资银行部门也和许多欧洲同行一样，公布的季度业绩令人失望，损失达2.3亿美元。