Economy News Headlines - Yahoo! News: Pakistan utility company fights to power chaotic port megacity

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Economy News Headlines - Yahoo! News Get the latest economy news headlines from Yahoo! News. Find breaking economy news, including analysis and opinion on top economy stories, photos and more.

Pakistan utility company fights to power chaotic port megacity Jun 30th 2013, 23:39 By Katharine Houreld KARACHI (Reuters) - Since Pakistan's biggest electricity company was privatized, its headquarters have been looted, its employees kidnapped and the government tried to arrest its boss. It's been a roaring success. Power cuts lasting 12 hours a day or more have devastated Pakistan's economy. The loss of millions of jobs has fuelled unrest in a nuclear-armed nation already beset by a Taliban insurgency. ... Media files: 2013-06-30T233951Z_1_CBRE95T1TQJ00_RTROPTP_2_PAKISTAN-POWER-STRUGGLE.JPG (image/jpeg)

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