Web Desk Karachi, Author at HUM News

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Web Desk Karachi

Web Desk Karachi

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Business

Web Desk Karachi
May 20, 2025

Moody’s downgrades JPM, BofA and Wells Fargo after US credit rating cut

The sovereign credit rating cut on Friday sent ripples through global markets and came on a day when US President Donald Trump’s tax bill failed to clear a key procedural hurdle, as hardline Republicans sought deeper spending cuts.

Business

Web Desk Karachi
May 20, 2025

Nintendo turns to Samsung for Switch 2 chips, boosting production goals

Securing a contract for one of the summer’s hottest new gadgets will likely help lift utilisation or boost business for the Korean conglomerate’s chip foundries.

Business

Web Desk Karachi
May 20, 2025

Dell unveils new AI servers powered by Nvidia chips to boost enterprise adoption

The servers, available in both air-cooled and liquid-cooled variations, support up to 192 Nvidia Blackwell Ultra chips but can be customized to include as many as 256 chips.

Latest

Web Desk Karachi
May 20, 2025

Hybrid sales to reach 2.2 million globally by 2030, Honda says

The Japanese automaker will not only invest ¥7 trillion ($48.3 billion) in EVs and software in the long-term, CEO Toshihiro Mibe said on Tuesday, a sizable drop from the ¥10 trillion it announced last year.

Latest

Web Desk Karachi
May 20, 2025

Australia’s central bank cuts rates, open to more easing as global risks mount

Wrapping up a two-day policy meeting, the Reserve Bank of Australia cut the cash rate by 25 basis points to 3.85 percent, saying that upside risks to inflation had diminished as the international developments are set to weigh on the economy.

Business

Web Desk Karachi
May 20, 2025

Leading gas producers promote natural gas as climate-friendly transition fuel

Burning gas emits about half the greenhouse gases of coal, and countries shouldn’t ignore the benefits of such incremental step toward reducing emissions, TotalEnergies SE CEO Patrick Pouyanne said at a World Gas Conference in Beijing.

Latest

Web Desk Karachi
May 20, 2025

India and US near interim trade deal in three tranches ahead of July tariffs

The interim deal will likely cover areas including market access for industrial goods, some farm products and addressing some non-tariff barriers, such as quality control requirements.

Press Release

Web Desk Karachi
May 20, 2025

Karachi to become regional hub for automobile manufacturing with new super mini truck project

The unveiling ceremony of the super mini truck was held in the Chinese city of Bozhou.

Press Release

Web Desk Karachi
May 20, 2025

Chery Holdings to establish EV charging stations, assembly plant in Sindh

Senior Minister Sharjeel Inam Memon stated that an EV charging station will be established every fifty kilometers across all districts of Sindh.

Press Release

Web Desk Karachi
May 20, 2025

KU seminar highlights unity, mental resilience, media awareness as crucial in countering manipulation, disruption

During his address, the KU Vice Chancellor Professor Dr Khalid Mahmood Iraqi said in today’s rapidly changing world, psychological warfare has become a powerful and widely utilized tool, employed by both state and non-state actors to achieve strategic objectives.