Corporate corner | 2019-07-17

Corporate corner

17th July, 2019 12:22:46 printer

Corporate corner

Jim Hackett (R), president and chief executive officer, Ford Motor Company, and Herbert Diess, chief executive officer, Volkswagen Group, attend a press conference in New York City. The United Auto Workers said on Monday it will take a close look at the Ford's alliance with the Volkswagen as the union opens contract negotiations with major American automakers this week.


An Airbus A320 bearing the livery of Alitalia airline takes off from Rome's Fiumicino airport recently. Italy's state railway Ferrovie dello Stato (FS) said on Monday it had chosen the Atlantia group, owned by the Benetton family, and the American airline Delta as partners in rebooting ailing flagship carrier Alitalia. The economy ministry will be the fourth investor in the relaunch of the airline, which has failed to compete with low-cost European rivals and was placed in administration in 2017.


A customer buys cooking oil at a stall where smaller than standard measures of cooking oil is sold at Harare Mbare Musika marketplace on Monday. Zimbabwe's annual inflation rate hit 175 percent in June, official data showed on Monday, stoking fears of a return of the hyperinflation that wiped out savings ten years ago when the economy collapsed. Supplies of essentials such as bread, medicine and petrol have regularly run short in the country as price increases hit their fastest pace since the government was forced to abandon the Zimbabwe dollar in 2009.


Pubali Bank DGM and Head of Cards Ashim Kumar Roy and BRB Hospitals Chief Executive Officer Maj (retd) Dr AKM Mahbubul Hoque exchange documents after signing an agrererment at bank’s head office in  the capital on Tuesday.


IFIC Bank Agrabad Branch Manager Iqbal Parvez Choudhury presides over a workshop on ‘Prevention of Money Laundering’ at a hotel at Agrabad in Chattogram recently. Bangladesh Bank Chattogram region Executive Director Abu Farah Md Naser was also present on the occasion.


Popular Life Insurance Company Vice-Chairman Md Motahar Hossain presides over the 19th annual general meeting of the company at a hotel in the capital on Monday. The company approved 40 percent cash dividend for the year 2018.