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hedge |
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hedgeRow of closely planted shrubs or low trees, generally acting as a land division and windbreak. Hedges also serve as a source of food and as a refuge for wildlife, and provide a habitat not unlike the understorey of a natural forest.
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South Korea's third-largest automaker, has seen its finances deteriorate due to a sharp drop in sales and losses on currency hedging bets after an unexpected and rapid depreciation of the The announcement came just weeks after Cathay said it had lost more than a billion US dollars in 2008, the company's first full-year loss in a decade, due to the global slowdown as well as hedging bets on fuel prices that went wrong. And just weeks ago the firm posted an annual loss of more than a billion US dollars in 2008, its first full-year loss for a decade as demand fell off due to the economics slowdown as well as losses on fuel hedging bets. |
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