Web Desk Karachi, Author at HUM News

Home
Web Desk Karachi

Web Desk Karachi

Author Stories

Business

Web Desk Karachi
Aug 02, 2025

UK households lose £5b in savings earnings as rates drop, while debt costs rise

The BOE says the roll-off onto higher mortgage rates has further to run, with a typical borrower facing an additional £1,300 in annual home-loan payments in the next two years.

Business

Web Desk Karachi
Aug 02, 2025

Nintendo raises prices on original Switch console in US starting August 3

The Switch OLED and Lite models will also see price changes along with other products, including some Switch accessories. Pricing for the new Switch 2 is unchanged.

Business

Web Desk Karachi
Aug 02, 2025

Shockwaves across India as Trump criticizes, targets trade with 25pc tariff

It started with Trump saying the India’s trade barriers were the “most strenuous and obnoxious,” in a Truth Social post July 30.

Business

Web Desk Karachi
Aug 01, 2025

JPMorgan, Coinbase partner to directly link bank accounts, crypto wallets

JPMorgan, the largest US bank recently began informing fintechs that it would charge them each time a customer’s information was accessed.

Business

Web Desk Karachi
Aug 01, 2025

Starbucks shortlists top private equity, tech firms for China expansion

Boyu Capital, Carlyle Group Inc, EQT AB, FountainVest Partners, KKR & Co., HIllhouse Investment and Primavera Capital are among the private equity firms invited to participate, along with tech giants JD.com Inc. and Tencent Holdins Ltd.

Business

Web Desk Karachi
Aug 01, 2025

Goldman Sachs eyes €15b investment in ice-cream giant Froneri in major deal

Froneri, which houses brands such as Häagen-Dazs in the US and Oreo and Cadbury ice creams as well as a large white-label business, has increased its revenues from €2.6billion in 2019 to €5.5billion in 2024.

Business

Web Desk Karachi
Aug 01, 2025

Toyota, Honda earnings face headwinds from Yen strength, US auto tariffs

While the company posted record global sales in the first half driven by a surge in pre-tariff purchases, the automaker is likely weighed down by factors including supply chain costs.

Business

Web Desk Karachi
Aug 01, 2025

Microsoft hits $4 trillion market valuation, second tech giant to do so after Nvidia

The company’s recent surge was fueled by robust sales in its Azure cloud computing division, along with a forecast of a record $30 billion in capital expenditures for the upcoming quarter to support rising AI demand.