Attock Cement Pakistan Is Said to Draw Cherat, Bestway Interest
Cherat and Bestway are among suitors considering bids for the business, the people said, asking not to be identified because the information is private. Kot Addu Power Co. has also been evaluating Attock and may explore a joint offer with a local building materials producer like Fauji Cement, the people said.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
19 minutes ago
- Yahoo
Evergrande's $7 Billion Secret: The High-Stakes Hunt for Hui Ka Yan's Hidden Fortune
Evergrande's collapse isn't yesterday's newsit's entering a make-or-break phase. Liquidators are circling founder Hui Ka Yan, who's still refusing to disclose his personal fortune despite reportedly pocketing over $7 billion during the company's heyday. The next showdown is set for September 2 in Hong Kong's high court, where creditors hope to crack open Hui's holdingsa potential step toward recovering a slice of the group's estimated $45 billion in debt. Evergrande (EGRNF) has already notified plans to delist from the Hong Kong exchange by August 25, marking a symbolic end to its 16-year run as one of China's most ambitiousand now infamousdevelopers. Warning! GuruFocus has detected 3 Warning Signs with RKGXF. This isn't just about Hui. Liquidators are following the money across 3,000 tangled entities, stretching from Guangzhou to Vancouver to London, where Hui's ex-wife reportedly owns $350 million worth of luxury real estate. His former CEO, Xia Haijun, appears to be living comfortably in California, tied to assets worth nearly $500 million. Both have delayed disclosure for over a year, using high-priced lawyers and legal tactics, but cracks are starting to show. Meanwhile, one of Hui's sonswho ran Evergrande's wealth management unitwas reportedly taken into custody last year. The personal network is under pressure, and creditors aren't letting up. But even if they win in court, getting money out of China is another story. Most of Evergrande's value sits onshore, and the legal wall between mainland courts and Hong Kong remains steep. Last year, Chinese regulators accused Hengda Real EstateEvergrande's core property armof faking $78 billion in revenue. The resulting $4.18 billion fine didn't just damage reputationsit likely wiped out more cash that offshore creditors were counting on. Liquidators say they're tracking hundreds of actions across the mainland, but with Hui reportedly under residential surveillance and Chinese authorities staying silent, the road to recovery still looks long. September's hearing could be the turning point. This article first appeared on GuruFocus. Sign in to access your portfolio
Yahoo
19 minutes ago
- Yahoo
Why JD.Com Shares Are Falling Despite Q2 Earnings Beat
Aug 14 - (NASDAQ:JD) shares slipped about 3% in U.S. morning trading after the Chinese e-commerce giant posted Q2 revenue that beat estimates but raised fresh questions about sustainability. The company reported revenue of 356.66 billion ($49.7 billion), up 22.4% year-over-year and ahead of LSEG consensus, driven mostly by electronics and appliance demand propped up by state subsidies and deep discounting. Warning! GuruFocus has detected 2 Warning Sign with JD. CEO Sandy Xu told analysts the new food-delivery arm already feeds traffic into core retail, yet rising competition and margin pressure remain real risks; she warned excessive competition can undercut pricing and merchant economics. M Science's Vinci Zhang noted the upside came largely from subsidized categories, meaning JD faces tougher year-over-year comps in the quarters ahead. The moves by JD to enter Europe through a proposed bid of Ceconomy and outside the core retail business demonstrate an attempt by management to find new growth levers. Nevertheless, net income dropped to 6.2 billion yen compared with 12.6 billion yen in the previous year, which points to the subsidies and promotions give the sales and strain the earnings. Margins, the intensity of promotion and the degree to which JD can translate new initiatives into long-run sustainable profitable growth will be monitored by investors. This article first appeared on GuruFocus. Sign in to access your portfolio
Yahoo
25 minutes ago
- Yahoo
HTC Unveils VIVE Eagle AI Glasses
HTC Launches AI-Driven Wearable Eyewear Features include: Voice Assistant, Smart Photography, and Photo Translation First launching in Taiwan in Partnership with Taiwan Mobile and 2020EYEhaus TAIPEI, Taiwan, August 14, 2025--(BUSINESS WIRE)--HTC Corporation (TWSE: 2498), a global innovator in immersive technology and ecosystem design, today announced the launch of wearable AI glasses - VIVE Eagle. Seamlessly integrating music playback, voice assistance, smart photography and videography, and photo-based translation into a fashionable frame, VIVE Eagle introduces a bold new vision for everyday smart eyewear. Charles Huang, Senior Vice President of HTC, said, "VIVE Eagle represents HTC's newest exploration in the realm of intelligent living and personal wearables. By combining our pursuit of design excellence with expertise in immersive user experiences, this product is more than just a pair of glasses - it's a way to live life with greater freedom. We believe technology should empower self-expression and deepen human connection. VIVE Eagle is a testament to our commitment to creating smart technology that fits naturally into everyday life." VIVE Eagle is designed for everyday life. Whether translating a menu while traveling, capturing moments on the street, or discreetly taking a call in public, VIVE Eagle redefines what eyewear can do - enabling natural interaction through vision and voice, without needing to use screens or hands. Wearable Style, Premium Design VIVE Eagle features a refined aesthetic that conceals its powerful technology in clean, minimalist lines. Weighing under 49 grams, the frame houses AI computing and voice interaction capabilities. Adjustable nose pads and ergonomically contoured temples ensure all-day comfort. ZEISS sun lenses provide UV protection without compromising optical clarity or visual comfort. A New Standard in Open-Ear Listening With its open-ear design, VIVE Eagle combines large acoustic drivers and virtual bass enhancement to deliver rich, spatial audio while minimizing sound leakage. The no-earplug design means there's no ear canal pressure, for effortless, all-day wear. Even in outdoor environments, users can clearly hear music or voice prompts without worrying about others overhearing, while remaining aware of their surroundings - offering both privacy and safety. Capture Moments with Voice-Activated AI VIVE Eagle is equipped with a 12MP ultra-wide camera and HTC's proprietary VIVE AI voice assistant. VIVE AI supports leading AI platforms including OpenAI GPT and Google Gemini. With a simple voice command like "Hey VIVE, take a photo," users can capture what they see - right from their glasses. Whether it's street art or photos of friends, spontaneous fun while traveling, or the golden glow of a sunset hike, VIVE Eagle enables first-person storytelling with ease. Voice Interaction for Everyday Productivity Beyond photography and music, VIVE Eagle allows users to record reminders, take notes, and discover restaurant recommendations - all via voice interaction alone, so you can focus your attention on what matters. AI-Powered Translation in 13 Languages With support for real-time translation in 13 languages, VIVE Eagle helps people translate content captured by the camera into spoken audio - no need to open an app or reach for a phone. It removes language barriers in everyday encounters. Supported languages: Arabic, Traditional Chinese, English, French, German, Greek, Italian, Japanese, Portuguese, Spanish, Korean, Thai, Turkish. Lightweight, with All-Day Battery and Pass-Through Charging Powered by a 235mAh battery, VIVE Eagle has up to 36 hours of standby time, and delivers around 4.5 hours of continuous music playback. The device supports magnetic fast charging - a 10-minute charge provides up to 50% power, ensuring users stay connected on the go whether using a power bank or phone. Designed for Privacy, Built for Security HTC maintains the highest standard of user data protection. VIVE Eagle is designed with privacy-first architecture: all user data is stored locally on the device - never uploaded, tracked, or used for AI model training. Even when leveraging 3rd party AI for requests, user data is anonymized for maximum privacy. The system is protected with military-grade AES-256 encryption to safeguard local data. A built-in LED indicator lights up during photo or video capture. If the glasses are removed or the light is obstructed, recording is automatically disabled - ensuring both user and bystander privacy is respected. VIVE AI is currently pending ISO 27001 & 27701 certification. Now Available for Pre-Order VIVE Eagle is initially available in Taiwan, and is now available for pre-order exclusively at all 2020EYEhaus premium eyewear locations in Taiwan (with optical services) and designated Taiwan Mobile OP Experience Stores. In-store experiences, fitting services, and pre-order consultations are now open to the public. Availability and Pricing VIVE Eagle is priced at NT$15,600 and comes in four color options: Berry, Coffee, Grey, and Black - effortlessly complementing both natural and urban styles. The first release includes sun lenses, a VIVE Eagle glasses case, and two years of VIVE AI Plus for free. Pre-orders run from August 14 to August 31 on Starting September 1, Taiwan Mobile customers can purchase VIVE Eagle through designated telecom rate plans. James Chang, President of 2020EYEhaus, said, "We're seeing growing demand for tech products that offer both functionality and a strong lifestyle aesthetic. VIVE Eagle brings together beautiful design and practical features. We're honored to be among the first to offer this product with a complete try-on, prescription, and pre-order service." Jamie Lin, President of Taiwan Mobile, said, "Smart eyewear is a key enabler for making AI truly personal. Through this partnership with HTC, we are not only providing complete mobile rate plans and service experiences but also helping AI blend seamlessly into everyday life." Press images and videos can be found here. About HTC VIVE HTC VIVE is the premier Extended Reality (XR) platform and ecosystem that creates true-to-life XR experiences for businesses and consumers. The VIVE ecosystem is built around premium XR hardware, software, and content. The VIVE business encompasses best-in-class XR hardware; VIVEPORT platform and app store; VIVE Enterprise Solutions for business customers; VIVE X, a US$100M VR business accelerator; and VIVE ARTS for cultural initiatives. HTC's business also includes the spatial collaboration platforms VIVERSE and VIVERSE for Business, HTC smartphones, the VIVE Mars CamTrack virtual production system, and our G REIGNS 5G connectivity solutions. For more information, please visit View source version on Contacts vivepr@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
