Corporate corner

31 July, 2020 12:00 AM printer

Corporate corner

This file photograph taken recently shows a refinery of Italian multinational oil and gas company ENI at Sannazzaro de Burgondi, south of Milan. Italian oil and gas firm Eni cut its annual production forecast on Thursday, for the third time this year after recording a steep quarterly net loss as crude prices plunged due to the coronavirus pandemic. Eni said its now expects production of 1.71 to 1.76 million barrels per day in 2020, down from an earlier forecast of 1.75 to 1.80 million barrels per day, and well below its 1.87 million barrels per day in 2019.

People carry vegetables through a wholesale market during a monsoon rainfall, in Mumbai on Thursday. The industrial and warehousing sector in India has attracted significant investor interest since 2017 owing to the reforms introduced by the government.

This file photo taken recently shows construction workers pouring concrete at a building site in Berlin's Kreuzberg district. The German economy shrank by a record 10.1 percent in the second quarter of 2020 because of the coronavirus impact, official data showed on Thursday, the biggest decline in the country's post-war history.

Protestors remove the logo of HOP! during a protest against a restructuration plan in front of the offices of the French regional low cost airline, branch of Air France in Bouguenais, western France, on Thursday. The Air France group impacted by the Covid-19 pandemic formalised on July 3 the cut of more than 7,500 positions by the end of 2022, essentially through unreplaced retirements and voluntary departures, even if layoffs in the short hauls are not excluded.

Evaly Chairman Shamima Nasrin and Shinepukur Ceramics Chief Marketing Officer Tanvirul Islam pose for a photo after signing an agreement in the capital on Wednesday.