challenge
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Global companies face earnings challenge | The Express Tribune
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NEW YORK: Global companies are lowering their full-year sales and profit expectations due to higher interest rates and a weakening Chinese economy, negatively impacting consumer sentiment and diminishing the luster of recent earnings growth. Several prominent companies, including McDonald’s, Nissan,…
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Local experts challenge IMF’s tax plan with innovative reforms | The Express Tribune
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ISLAMABAD: Contrary to the International Monetary Fund’s (IMF) recommendation to increase tax rates in the next budget to collect an additional Rs2 trillion, Pakistan’s renowned local experts on Monday unveiled a package that proposes generating Rs1.2 trillion more by reducing…
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Elon Musk’s xAI eyes funds worth billions to challenge rival OpenAI
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Elon Musk gestures during a gathering. — AFP/File Elon Musk’s business, xAI, is reportedly in talks to acquire a significant funding round of up to $6 billion, with a proposed valuation of $20 billion, in an attempt to transform the…
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Public sector efficiency: A billion-dollar challenge | The Express Tribune
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ISLAMABAD: It is quite topical nowadays that most public sector institutions are operating in the red with piles of debt and plenty of inefficiencies in their operating models. This is just one part of the story. The real point to…
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High costs and rising rates make homeownership a challenge for young Americans
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Prospective home buyers leave a property for sale during an Open House in a neighborhood in Clarksburg, Maryland on September 3, 2023. Homeownership feels increasingly out of reach for younger generations of Americans, who are squeezed by student debt and…
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The ultimate trade challenge | The Express Tribune
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KARACHI: Pakistan continues to face challenges in its external account as the PKR to USD exchange rate rises beyond the Rs300 threshold, and the foreign exchange reserves held by the central bank decline. Although policymakers managed to reduce the trade…
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Solid waste: a challenge as well as opportunity | The Express Tribune
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ISLAMABAD: Solid waste has emerged as a real challenge to humanity and it is increasing with the rise in population and civilisation. A lack of sustainable solid waste management is posing threats and risks to human life in urban areas,…
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Very difficult challenge for govt to control loadshedding crisis: PM Shehbaz
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Prime Minister Shehbaz Sharif address a high-level government meeting on loadshedding at the PM’s Office in Islamabad, on July 1, 2022. — YouTube/PTVNews ISLAMABAD: Slamming the PTI for not securing cheap gas during its tenure, Prime Minister Shahbaz Sharif Friday…
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Firms confront new climate challenge | The Express Tribune
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WASHINGTON: Tech and financial companies leading efforts to cut climate changing emissions are finding a new challenge from remote work: the CO2 spewing out of home offices. A few companies have begun counting what happens when employees boot up computers…
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Sindh set to challenge Wacog bill | The Express Tribune
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ISLAMABAD: The government of Sindh is set to challenge a bill passed by the Senate to implement weighted average cost of gas (Wacog), citing that it will raise the prices of indigenous gas for the consumers of gas producing provinces….