Govt drops $300m floating solar project

Pakistan has shelved a $300 million loan proposal that it wanted to take for construction of a 300-megawatt floating solar power project. The government on Saturday confirmed to The Express Tribune that it “asked the World Bank to pause the preparation of the 300MW floating solar…

Continue reading
Nike’s new CEO plans to go back to basics

Nike’s new CEO Elliott Hill warned of a long road to sales recovery for the sportswear giant, but the veteran executive’s plan to turn the spotlight on sports like basketball and running, allayed some investor worries. The company said on Thursday it was expecting third-quarter revenue…

Continue reading