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LG ELECTRONICS INDIA LIMITED BEGINS CONSTRUCTION OF ITS THIRD MANUFACTURING PLANT IN INDIA

New Manufacturing Plant i n Sri City Expected to Begin Operations by End of 2026

SRI CITY, India, May 8, 2025 /PRNewswire/ — LG Electronics India Ltd. (LGEIL) announced the commencement of construction of its new manufacturing facility in Sri City, Andhra Pradesh today at a ceremony graced by the presence of Shri Nara Lokesh, Hon’ble Minister for Information Technology, Electronics and Communications, Real Time Governance and Human Resources Development, Government of Andhra Pradesh. The new plant is expected to commence operations by the end of 2026.

Overview of LG Electronics' third factory in India
Overview of LG Electronics’ third factory in India

Strategically located in Sri City’s industrial area, the new manufacturing facility will enhance LGEIL’s production capacity and also enable local employment in the region. The new facility will be LG Electronics’ third plant in India. The other two plants are located in Greater Noida, Uttar Pradesh and Pune, Maharashtra. This investment underscores India’s potential as a critical hub within LG Electronics’ global supply chain.

The government of Andhra Pradesh has approved 247 acres of land in Sri City for LGEIL’s new manufacturing facility, which is expected to generate around 1495 direct jobs. LGEIL plans to invest approximately USD 600 million (INR 5001 crores) over the next four years, with the potential to attract ancillary businesses to the region, thereby creating an ecosystem for white good manufacturing in the state of Andhra Pradesh.

The new plant at Sri City is expected to localize production further and meet the growing demand for LG products throughout India. It will also strengthen LGEIL’s supply chain in South India, while helping expedite access to LG products for consumers in the region. The facility will manufacture a diverse range of products, including AC compressors, refrigerators, washing machines and air conditioners.

In addition to the presence of Shri Nara Lokesh, the ceremony was attended by other senior government functionaries along with senior LG Electronics executives from South Korea, including Lyu Jae-cheol, president of the LG Home Appliance Solution Company; James Lee, president of the LG Eco Solution Company and Hong Ju Jeon, managing director of LGEIL. Other government officials and senior LGEIL leadership were also present at the ceremony.

Sharing his best wishes from Amaravati, the new capital of Andhra Pradesh, Shri N Chandrababu Naidu, Hon’ble Chief Minister of Andhra Pradesh said, “We wholeheartedly welcome LG Electronics to Sri City, Andhra Pradesh. The announcement of LG Electronics’ new manufacturing plant in Andhra Pradesh is a testament to Andhra Pradesh’s progressive policies with regards to being industry friendly, ease-of-doing-business, fostering innovation and being home to world-class manufacturing hubs. A well-developed industrial ecosystem, great connectivity and pro-business environment makes Sri City the best location for the new plant.”

Shri Nara Lokesh, Hon’ble Minister for Information Technology, Electronics and Communications, Real Time Governance and Human Resources Development, Government of Andhra Pradesh said, “We are delighted that LG Electronics has chosen Sri City for its third manufacturing facility in India. This is a testament of LG Electronics’ commitment to India and I am confident that this expansion into Andhra Pradesh will address the potential growth in demand for LG products across India.”

“We are taking yet another important first step toward enhancing our partnership with India and contributing to its economic growth. The construction of our third manufacturing plant will complement our existing production facilities in Noida and Pune and marks a new milestone in our journey in India,” said Lyu. “This brand-new facility will create more jobs and increase local production,” he further added.

About LG Electronics India Pvt Ltd

LG Electronics India Pvt. Ltd. (LG Electronics), a wholly owned subsidiary of LG Electronics was established in January 1997 in India. LGEIL currently operates two manufacturing units located in Greater Noida, Uttar Pradesh and Ranjangaon near Pune. The plants currently manufacture LED TVs, air conditioners, washing machines, refrigerators, microwave ovens and monitors.

“LG Electronics India Limited (the “Company”) is proposing, subject to receipt of requisite approvals, market conditions and other considerations, to make an initial public offer of its equity shares and has filed a draft red herring prospectus dated December 6, 2024 (“DRHP”) with the Securities and Exchange Board of India (“SEBI”). The DRHP is available on the websites of our Company, at http://www.lg.com/in/, SEBI at www.sebi.gov.in as well as on the websites of the book running lead managers, Morgan Stanley India Company Private Limited, J.P. Morgan India Private Limited, Axis Capital Limited, BofA Securities India Limited, and Citigroup Global Markets India Private Limited, at www.morganstanley.com/, www.jpmipl.com/, www.axiscapital.co.in/https://business.bofa.com/bofas-india and www.online.citibank.co.in/rhtm/citigroupglobalscreen1.htm, respectively, and the websites of the stock exchange(s) at www.nseindia.com and www.bseindia.com, respectively. Any potential investor should note that investment in equity shares involves a high degree of risk and for details relating to such risk, see “Risk Factors” of the Red Herring Prospectus, when available.”

Finex Adopts AI-Based Trading with NexAI, New Feature


JAKARTA, INDONESIA – Media OutReach Newswire – 8 May 2025 – Finex, an Indonesian broker with over a decade of success, is implementing AI techniques in trading – NexAI is now available to all Finex traders within the Finex Trading app.

The pros of AI-assisted trading

Finex upgrades a trader’s toolkit with a new feature: NexAI, which is designed to help traders optimize the trading process and reduce the stress of everyday routines. By automating tasks such as chart analysis and strategy generation, NexAI will assist seasoned traders in saving time, improving productivity, and enhancing trade execution. Beginners will benefit from AI-driven insights, allowing them to compensate for their lack of knowledge and more easily navigate the complexities of trading.

NexAI addresses traders’ concerns, including staying current with the market, chart accuracy, strategy relevance, and making timely decisions. With the new feature, Finexers receive a valuable tool that offers machine-precision analysis and immediate strategies.

The stress, uncertainty, and grind of daily trading will recede as NexAI will handle all the heavy lifting, allowing traders to enjoy the pros of AI-assisted trading.

According to the Finex representative, the AI Assistant will positively impact trading with Finex, as users can “increase personal productivity, reduce stress, and avoid burnout.” NexAI “has the strong potential to help traders reimagine the way they perceive trading and evolve professionally with the help of the modern-day technological marvel.”

No such thing as too much help

To promote the new feature, Finex released a video explaining the functionality of NexAI and conveying the idea of assistance. As a caring and supportive broker, Finex introduces NexAI as another tool in the palette designed to make trading easier, faster, and more productive.

Disclaimer:

This material does not constitute a call to trade, AI-generated analysis is not financial advice. Derivative transactions involve high risks and high returns. Always conduct your own research before trading.

Hashtag: #Finex #trading



The issuer is solely responsible for the content of this announcement.

About Finex

is a regulated Forex broker based in Jakarta, Indonesia. Finex provides competitive conditions for trading Forex currencies, commodities, and indices. Established in 2012, Finex is supervised by BAPPEBTI (Commodity Futures Trading Supervisory Agency), an Indonesian regulator, which ensures the protection of traders’ funds by the Government of the Republic of Indonesia.

Laos Sets Sights on Becoming Asia’s Gold Trading Powerhouse

Laos Sets Sights on Becoming Asia's Gold Trading Powerhouse. Vientiane, 02 May 2025. (Photo credit: Lao Bullion Bank)

Laos has set a big goal: to become the main center for buying, selling, and processing gold in Asia within the next five years.

At a high-profile meeting on 02 May, the Lao Bullion Bank (LBB) presented its ambitious strategy to position the country as a regional leader in precious metals. 

At the gathering, Chanthone Sitthixay, Chief Executive Officer of LBB, outlined the bank’s vision to establish economic and financial stability by transforming Laos into a gold trading hub and a frontrunner in precious metal refining across Asia by 2030.

Chanthone Sitthixay, Chief Executive Officer of Lao Bullion Bank (LBB). (Photo credit: Lao Bullion Bank)

Laos stands as one of Southeast Asia’s most gold-rich nations, currently ranking third in gold production among ASEAN countries and sixth across Asia. Initial surveys have revealed an extraordinary potential, between 500 to 1,000 metric tons of untapped gold reserves scattered throughout the country.

Once confirmed and certified by international geological and mining standards, these reserves could translate into national gold stockpiles valued at an estimated USD 50 to 76 billion. This would provide Laos with a substantial strategic reserve, boosting the country’s financial security and capacity for economic growth.

Since its launch in December 2024, Lao Bullion Bank has advanced its mission by supporting sustainable economic development through gold-based financial services, including gold deposit accounts, gold-backed loans, and gold deposit certificates that can be used as collateral.

Aker Horizons ASA: First-quarter results 2025

FORNEBU, Norway, May 8, 2025 /PRNewswire/ — Aker Horizons ASA (OSE: AKH), a developer of green energy and industry, today announced results for the first quarter 2025. Aker Horizons’ net capital employed stood at NOK 4.3 billion, a decrease of NOK 1.7 billion from the fourth quarter, mainly reflecting the dividend paid by Aker Carbon Capture ASA (“ACC”) during the quarter and AKH’s share of results in the portfolio companies in Q1. The company reported a cash position of NOK 4.1 billion and an undrawn credit facility of EUR 500 million. The credit facility has since expired and will not be extended.

Main developments in the portfolio:

ACC paid the first portion of a NOK 3.5bn dividend to shareholders in Q1

  • A dividend payment of NOK 1.26bn was received by AKH in March, NOK 0.26bn in May
  • ACC received an earn-out of NOK 71m from SLB related to the Hafslund Celsio contract award
  • SLB Capturi recorded high commercial activity, with several tenders in process

The refinancing of Mainstream Renewable Power (“MRP”) was completed, securing funding for growth in core markets South Africa and Asia Pacific

  • Three projects for a combined 350 MW are advancing towards financial close within the next 18 months in South Africa
  • A portfolio of projects in Colombia totaling 675 MW was sold to local energy company Celsia
  • Morten Henriksen was appointed as new CEO of MRP, and corporate headquarters are being relocated from Dublin to Oslo

Aker Horizons is exploring the potential for data centers in the north of Norway together with Nordkraft

  • A potential data center business could leverage the ready-to-build Kvandal site in Narvik
  • The Narvik Green Ammonia project is awaiting feedback on an application for additional grid capacity, and will not proceed to the next stage until clarity on grid is obtained

SuperNode completed the initial full-scale testing of its superconducting technology

  • A prototype of SuperNode’s full-scale superconducting system was tested successfully in the company’s own facility in the UK in March
  • A demo with 30 meters transmission distance is to be conducted in mid-2025

Aker Horizons reports net capital employed to reflect a portfolio composed mainly of unlisted assets. Net capital employed includes Aker Horizons’ initial investment in the portfolio company, adjusted for any profit or loss and any additional investments, adjusted for foreign exchange fluctuations. As of the first quarter, Aker Horizons had NOK 898 million net capital employed in ACC, NOK 2.06 billion in Mainstream, NOK 573 million in AAD, NOK 195 million in SuperNode and NOK 568 million in other assets.

The Q1 2025 presentation is attached.

Aker Horizons’ CEO Lars P. Sørvaag Sperre and CFO Kristoffer Dahlberg, and Mainstream’s CFO Julie Berg will present the main developments in the first quarter 2025 today at 08:30 CET, followed by a Q&A session. The presentation, which is open to all, will be held in English and will be webcast on Aker Horizons’ website:

https://akerhorizons.com/investors

For further information, please contact:
Jonas Gamre, Investor Relations, tel: +47 97 11 82 92, email: jonas.gamre@akerhorizons.com
Mats Ektvedt, Media, tel: +47 41 42 33 28, email: mats.ektvedt@corporatecommunications.no

About Aker Horizons

Aker Horizons develops green energy and green industry to accelerate the transition to Net Zero. The company is active in renewable energy, carbon capture and sustainable industrial assets. As part of the Aker group, Aker Horizons applies industrial, technological and capital markets expertise with a planet-positive purpose to drive decarbonization globally. Aker Horizons is listed on the Oslo Stock Exchange and headquartered in Fornebu, Norway. Across its portfolio, the company is present on five continents. www.akerhorizons.com

This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements in Regulation EU 596/2014 and the Norwegian Securities Trading Act § 5-12. This stock exchange announcement was published by Mats Ektvedt, Partner in Corporate Communications, on 8 May 2025 at 07:00 CET.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/aker-horizons/r/aker-horizons-asa–first-quarter-results-2025,c4147211

The following files are available for download:

 

Ellana Lee to take on expanded role as head of newly created CNN Global Productions team

HONG KONG, May 8, 2025 /PRNewswire/ — CNN’s head of Asia Pacific, Ellana Lee, has been elevated to the newly created global role of Group Senior Vice President, General Manager APAC, and Global Head of Productions, overseeing a brand-new team at CNN that will handle all aspects of multi-platform sponsored content at the network alongside her existing editorial responsibilities.

In a CNN career spanning 25 years, most recently as SVP, Managing Editor Asia Pacific, & Global Head of Features Content, Lee has pioneered its highly successful approach to feature content, including major initiatives such as its award-winning Call to Earth.

Effective immediately, Lee’s expanded role will see her guide a new Global Productions team, focused on developing and producing sponsored content across all platforms, and see the creation of new roles in the United States to strengthen and expand the existing Features team, currently based across Atlanta, Abu Dhabi, Hong Kong, and London.

Mike McCarthy, Managing Editor, CNN Worldwide, said: “Under Ellana’s leadership, our Features team has consistently innovated, delivering award-winning, multi-platform, editorially robust and engaging feature content that has attracted commercial partnerships with some of the world’s most dynamic and successful brands.  She will now bring that experience, creativity and skill to bear across the network, working in tandem with our digital, TV, product, programming, marketing, communications, and commercial teams globally.”

Lee, as the most senior executive outside the United States, will continue to be based at CNN’s Asia Pacific headquarters in Hong Kong. As head of the Asia Pacific region, she will also continue to shape CNN’s editorial output there, with overall responsibility for its slate of award-winning programming as well as its roster of correspondents and newsgathering teams across eight editorial operations.

A Constellation of Stars Shine at LANDMARK Honoring Eternal Maternal Love with the Brilliance of Natural Diamonds


HONG KONG SAR – Media OutReach Newswire – 8 May 2025 – This Mother’s Day, love finds its most radiant expression at LANDMARK in Central Hong Kong. Over 200 distinguished guests, including industry experts, LANDMARK’s esteemed clients, and a stellar lineup of celebrities—such as Michelle Wai, Best Actress of the 43rd Hong Kong Film Awards, Jay Fung, Marf Yau, DJ Ah Jeng, Jennifer Yu, Grace Chan, Albert Chau, and Will Or—alongside prominent Hong Kong and mainland influencers and media, gathered for the “The Gift of Forever” celebration, embarking on an extraordinary diamond journey.

A stellar lineup of celebrities—such as Michelle Wai, Best Actress of the 43rd Hong Kong Film Awards, Grace Chan, Jennifer Yu, Jay Fung, Marf Yau, DJ Ah Jeng and etc., gathered for the “The Gift of Forever” celebration.

As LANDMARK’s inaugural large-scale promotion centred on natural diamonds, this celebration embodies De Beers Group’s vision of celebrating life’s precious moments with natural diamonds while deepening public appreciation for their unique value and enduring legacy. Over two weeks, the pure brilliance of natural diamonds intertwines with the warmth of familial bonds, creating an immersive experience that blends heartfelt emotions, timeless heritage, and unparalleled luxury.

As LANDMARK’s inaugural large-scale promotion centred on natural diamonds, this celebration embodies De Beers Group’s vision of celebrating life’s precious moments with natural diamonds.

Selected public spaces across LANDMARK, including Chater House, Alexandra House, and the 2nd floor of LANDMARK, have been transformed into an artistic haven, showcasing interactive installations crafted by Hong Kong-based artist Kitty Wong. These installations tenderly capture the essence of a mother’s love, tracing the journey of love that deepens with time. This powerful connection mirrors the journey of natural diamonds, rooted in legacy and passed through generations, symbolising deep gratitude, lasting connection, and cherished memories. Guests are invited to explore a curated ‘diamond route’ map, guiding them through engaging activations and exclusive promotions, inviting exploration of the distinctive jewellery and watch boutiques at LANDMARK. Members of LANDMARK’s BESPOKE loyalty programme are entitled to receive additional 1x BESPOKE rewards points for single-receipt natural diamond purchases above HKD50,000 from selected LANDMARK tenants* during the campaign period. (Please refer to the BESPOKE official page for more information.)

To elevate the festive spirit, LANDMARK presents two limited-time activities to create unforgettable memories with visiting guests:

  • From now until 9 May, guests who capture a photo at the Ferris Wheel installation on LANDMARK’s 2nd floor, follow @landmarkhk and @adiamondisforever on Instagram, sharing their photo with hashtags #TheGiftOfForever, #Landmarkhk, and #ADiamondisForever are entitled to redeem a limited-edition “The Gift of Forever” doughnut from Pinky Bakery. Available to the first 50 guests daily, on a first-come, first-served basis.
  • On Mother’s Day – 11 May, from 12 PM to 2 PM, guests who photograph the mother-daughter-themed art installation at Chater House, follow @landmarkhk and @adiamondisforever on Instagram, and share their photo with hashtags #TheGiftOfForever, #Landmarkhk, and #ADiamondisForever will receive an exclusive Mother’s Day floral bouquet, also available on a first-come, first-served basis while supplies last. (Details subjected to LANDMARK’s official information.)

The exclusive "Natural Diamond Workshop" for our distinguished guests has concluded, leaving attendees with unforgettable experiences in diamond exploration.

The exclusive “Natural Diamond Workshops” presented for our distinguished guests, has successfully concluded. Attendees described it as an unforgettable experience in diamond exploration.Guided by experts from the De Beers Institute of Diamonds, participants delved into the 4Cs—colour, cut, carat size, and clarity—while experiencing the rare opportunity to approach a 297-carat rough diamond and kimberlite rock, the natural cradle of diamonds. State-of-the-art detection instruments amazed guests by distinguishing natural from lab-grown diamonds in seconds with absolute precision, sparking lively discussions. The workshops also showcased the Entice collection pieces by diamond supplier KGK Group, featuring nearly 100-carat of breathtaking natural diamond jewelleries, embodying the stones’ unparalleled brilliance.

Enriching the workshops, London-based multi-disciplinary artist Annette Fernando contributed three charcoal drawings, intricately depicting the formation and radiance of natural diamonds. Her works seamlessly blend diamond motifs with spatial artistry, which symbolises purity and eternity, resonating with the campaign’s theme whilst evoking timeless radiance. Fernando shared, “My drawings trace the diamond’s journey, using charcoal—a medium tied to diamonds through their shared carbon origins, yet transformed by nature’s diverse processes. This echoes the resilience and unique beauty of maternal love.” Her creations offered guests a profound visual and emotional experience.

*Participating brands include A. Lange & Söhne, Bovet, Boghossian, Buccellati, Bvlgari, Cartier, CHANEL (Fine Jewellery Boutique), Chopard, De Beers London, DIOR, F.P.Journe, Hermès, Jaeger-LeCoultre, Lane Joaillier, Louis Vuitton, Patek Philippe, Tiffany & Co., Vacheron Constantin, Van Cleef & Arpels, Wai Kee Jewellers, and Yewn.

Hashtag: #TheGiftOfForever #LANDMARKHK #MothersDay #ADiamondisForever #NaturalDiamonds #Diamonds


The issuer is solely responsible for the content of this announcement.

About De Beers Group

Established in 1888, De Beers Group is the world’s leading diamond company with expertise in the exploration, mining, marketing and retailing of diamonds. Together with its joint venture partners, De Beers Group employs more than 20,000 people across the diamond pipeline and is the world’s largest diamond producer by value, with diamond mining operations in Botswana, Canada, Namibia and South Africa. Innovation sits at the heart of De Beers Group’s strategy as it develops a portfolio of offers that span the diamond value chain, including its jewellery houses, De Beers Jewellers and Forevermark, and other pioneering solutions such as diamond sourcing and traceability initiatives Tracr and GemFair. De Beers Group also provides leading services and technology to the diamond industry in the form of education and laboratory services via De Beers Institute of Diamonds and a wide range of diamond sorting, detection and classification technology systems via De Beers Group Ignite. De Beers Group is committed to ‘Building Forever,’ a holistic and integrated approach for creating a better future – where safety, human rights and ethical integrity continue to be paramount; where communities thrive and the environment is protected; and where there are equal opportunities for all. De Beers Group is a member of the Anglo American plc group. For further information, visit www.debeersgroup.com.

About LANDMARK

LANDMARK represents the epitome of top-tier luxury shopping and lifestyle experiences. Drawing from a rich heritage which began in 1904 – LANDMARK today is the luxury shopping destination of Hongkong Land’s Central portfolio including 4 iconic connected buildings, LANDMARK ATRIUM, LANDMARK ALEXANDRA, LANDMARK CHATER and LANDMARK PRINCE’S. LANDMARK offers approximately 208 of the finest stores and restaurants, all seamlessly linked by pedestrian bridges. From high fashion and accessories to watches and jewellery, from luxury living to beauty and grooming, from international cuisine to authentic gourmet dining, LANDMARK brings the ultimate shopping experience to the discerning customer.

CUBE OPENS NEW GLOBAL HQ AND AI CENTRE OF EXCELLENCE IN CITY OF LONDON

  • Headquarters includes AI Centre of Excellence – the RegBrain AI Lab – and commitment to create 200 new jobs
  • Multi-million pound investment follows growth at the leading global RegTech, with revenue and employees doubling over the past year
  • CUBE’s customers will benefit from open access to the facilities including RegBrain AI Lab, RegTheatre and RegCinema

LONDON, May 8, 2025 /PRNewswire/ — CUBE, a global leader in Automated Regulatory Intelligence (ARI) and Regulatory Change Management (RCM), has officially opened its new global headquarters located at the iconic City of London building, Tower 42, and confirmed the impressive growth trajectory of the company over the last year – doubling of revenue, employees and the number of countries CUBE now operates in.

CUBE Founder & CEO Ben Richmond hosts the Lord Mayor of London at new global HQ
CUBE Founder & CEO Ben Richmond hosts the Lord Mayor of London at new global HQ

The new cutting-edge AI Centre of Excellence, RegBrain AI Lab, signals the multi-million pound investment CUBE is making to advance the role of innovation and AI in regulatory intelligence, compliance and risk across the financial services sector and adjacent regulated industries. Alongside the unveiling of its new headquarters, CUBE has made a commitment to create 200 jobs over the next 12 months, half of which are expected to be based in the UK.

The opening of CUBE’s new headquarters follows a transformative year of strong growth, supported by its strategic partnership with Hg, a leading investor in European and Transatlantic software and services businesses. CUBE has increased its revenue by over 200% in the last year and now serves 1,000 customers globally, and has significantly grown its global team footprint – which now stands at 700 employees across 20 countries. In the year CUBE also completed two landmark US-based acquisitions acquiring three regulatory intelligence businesses.

Commenting at the launch of CUBE’s new global headquarters, CUBE’s Founder & CEO Ben Richmond, said: “We chose an iconic City of London location for our new global headquarters as we believe it’s the perfect place to continue CUBE’s growth. London is unquestionably a world-class tech hub and a global leader for AI and innovation. We’re proud to further build out our global operations and investment from the UK and aim to be a benchmark for building successful global tech businesses here. Our performance in the last year highlights the progress we have made so far.”

Since launching in 2011, CUBE has become a leading global regulatory technology company partnering with some of the largest financial institutions globally who leverage CUBE’s platform to streamline their complex regulatory intelligence and change management processes. In addition, CUBE recently launched RegPlatform™ Intel, its latest purpose-built solution to help financial services firms in the mid-market remain compliant in today’s ever-changing global regulatory landscape.

Richmond continued: “We’ve experienced considerable growth over the past year and we wanted a global HQ that reflects the ambition and scale of our expanding team. We want to reimagine the future of work and how we collaborate with customers, which is why we created a space that fosters partnership and drives continuous technological innovation. Our new AI Centre of Excellence – RegBrain AI Lab – will be at the forefront of AI innovation. We will continue to deliver smart, agile solutions for our customers in response to the rapid pace of global regulatory change.”

CUBE’s base of strategic and long-term customers will benefit from open access to the facilities in its new global headquarters, which not only includes the RegBrain AI Lab but also an innovative RegTheatre and RegCinema. These have been purposefully designed to drive collaboration with industry participants across the financial services sector to progress the role of innovation and AI in compliance and risk.

CUBE OPENS NEW GLOBAL HQ AND AI CENTRE OF EXCELLENCE IN CITY OF LONDON

  • Headquarters includes AI Centre of Excellence – the RegBrain AI Lab – and commitment to create 200 new jobs
  • Multi-million pound investment follows growth at the leading global RegTech, with revenue and employees doubling over the past year
  • CUBE’s customers will benefit from open access to the facilities including RegBrain AI Lab, RegTheatre and RegCinema

LONDON, May 8, 2025 /PRNewswire/ — CUBE, a global leader in Automated Regulatory Intelligence (ARI) and Regulatory Change Management (RCM), has officially opened its new global headquarters located at the iconic City of London building, Tower 42, and confirmed the impressive growth trajectory of the company over the last year – doubling of revenue, employees and the number of countries CUBE now operates in.

CUBE Founder & CEO Ben Richmond hosts the Lord Mayor of London at new global HQ
CUBE Founder & CEO Ben Richmond hosts the Lord Mayor of London at new global HQ

The new cutting-edge AI Centre of Excellence, RegBrain AI Lab, signals the multi-million pound investment CUBE is making to advance the role of innovation and AI in regulatory intelligence, compliance and risk across the financial services sector and adjacent regulated industries. Alongside the unveiling of its new headquarters, CUBE has made a commitment to create 200 jobs over the next 12 months, half of which are expected to be based in the UK.

The opening of CUBE’s new headquarters follows a transformative year of strong growth, supported by its strategic partnership with Hg, a leading investor in European and Transatlantic software and services businesses. CUBE has increased its revenue by over 200% in the last year and now serves 1,000 customers globally, and has significantly grown its global team footprint – which now stands at 700 employees across 20 countries. In the year CUBE also completed two landmark US-based acquisitions acquiring three regulatory intelligence businesses.

Commenting at the launch of CUBE’s new global headquarters, CUBE’s Founder & CEO Ben Richmond, said: “We chose an iconic City of London location for our new global headquarters as we believe it’s the perfect place to continue CUBE’s growth. London is unquestionably a world-class tech hub and a global leader for AI and innovation. We’re proud to further build out our global operations and investment from the UK and aim to be a benchmark for building successful global tech businesses here. Our performance in the last year highlights the progress we have made so far.”

Since launching in 2011, CUBE has become a leading global regulatory technology company partnering with some of the largest financial institutions globally who leverage CUBE’s platform to streamline their complex regulatory intelligence and change management processes. In addition, CUBE recently launched RegPlatform™ Intel, its latest purpose-built solution to help financial services firms in the mid-market remain compliant in today’s ever-changing global regulatory landscape.

Richmond continued: “We’ve experienced considerable growth over the past year and we wanted a global HQ that reflects the ambition and scale of our expanding team. We want to reimagine the future of work and how we collaborate with customers, which is why we created a space that fosters partnership and drives continuous technological innovation. Our new AI Centre of Excellence – RegBrain AI Lab – will be at the forefront of AI innovation. We will continue to deliver smart, agile solutions for our customers in response to the rapid pace of global regulatory change.”

CUBE’s base of strategic and long-term customers will benefit from open access to the facilities in its new global headquarters, which not only includes the RegBrain AI Lab but also an innovative RegTheatre and RegCinema. These have been purposefully designed to drive collaboration with industry participants across the financial services sector to progress the role of innovation and AI in compliance and risk.

Photo – https://laotiantimes.com/wp-content/uploads/2025/05/cube-1.jpg