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Government pursuing major energy sector expansion programme: PM

ISLAMABAD: Prime Minister Shahid Khaqan Abbasi on Tuesday said Pakistan had embarked upon a major program to expand capacity of energy sector. "Smaller projects near grid stations are being conceived to overcome transmission challenges," he said while talking to Chairman of Ansaldo Energia Company Giuseppe Zampini in Islamabad. The prime minister said that the government was also actively considering replacement of low efficiency furnace oil based plants with high efficiency plants based on cheaper fuels, which would…

Chairman General Electric says not pursuing Uber CEO job

Uber field of candidates for a new chief executive officer narrowed further on Sunday when Jeff Immelt, chairman of General Electric Co, said he was no longer in the running for the top leadership position. Uber’s board of directors has been searching for a new CEO since June, when investors forced out co-founder Travis Kalanick following months of criticism over his leadership abilities. Immelt was among three finalists for the job at the ride-services company, according to sources close to the situation. “I have…