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  ISLAMABAD:The government has taken another U-turn in its efforts to resume operations of the sick Pakistan Steel Mills (PSM) and has pressed ahead with the plan of reviving the mill through public-private partnership.The Economic Coordination Committee (ECC) has decided to put PSM on the privatisation list, but the adviser to prime minister has held meetings with Chin air fone one ese and Russian companies to initiate the process of reviving the steel mill through public-private partnership.Earlier, the Sindh government had scuppered a plan of the Pakistan Tehreek-e-Insaf (PTI) administration in the centre to revive the financially trou adidas originals hombre bled and closed PSM by resisting the sale of its land for settling liabilities.An expert group, formed by the current PTI government and tasked with suggesting ways for reviving PSM, in its report recommended tha jordan sneaker t land assets available with the steel mill could be utilised to settle outstanding liabilities worth Rs206 billion.$100m required to revive Pakistan Steel Mi Mcfm TruKKer acquires Pakistani startup聽TruckSher as part of expansion drive
 FRANKFURT:Ford said it will have to cut 12,000 jobs in Europe by the end of next year to try to return the business to profit, part of a wave of cost reductions in an  new balances 480 auto industry facing stagnant demand and record-level investments to build low emission cars.The challenge of investing in electric, hybrid and autonomous vehicles while having to overhaul combustion engines to meet new clean-air rules nike force , has forced Europe's carmakers to slash fixed costs and streamline their model portfolios.Ford Europe has been losing money for years and pressure to restructure its adidas originals ultraboost  operations increased after arch-rival General Motors raised profits by selling its European Opel and Vauxhall brands to France's Peugeot SA.Ford said it has ceased production at three plants in Russia, is closing plants in France and Wales, and has cut shifts at factories in Valencia, Spain and Saarlouis, Germany.Following the sale of the Kechnec Transmission plant in Slovakia, to Magna, Ford's manufacturing footprint will be r