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QDX Congratulates Co-Founder and Head of Research A/Prof. Giuseppe Barca on Receiving the 2025 Dirac Medal

SINGAPORE, May 8, 2025 /PRNewswire/ — QDX proudly congratulates its Co-Founder and Head of Research, A/Prof. Giuseppe Barca, on being awarded the 2025 Dirac Medal, the highest international honour for early-career researchers in theoretical and computational chemistry.

Presented by the World Association of Theoretical and Computational Chemists (WATOC), the Dirac Medal recognises scientists under 40 whose research has made exceptional contributions to the field. A/Prof. Barca is recognised for his pioneering work in quantum algorithms and high-performance computing, which has advanced the frontiers of molecular simulation and accelerated applications in drug discovery.

“This is a phenomenal and well-deserved honour for Giuseppe,” said Loong Wang, CEO of QDX. “His research continues to redefine what’s possible in computational chemistry. This award not only celebrates his individual achievement but also reinforces the bold science that drives QDX.”

In addition to his role at QDX, A/Prof. Barca leads the Barca Lab at both the Australian National University and the University of Melbourne, where he develops fast, scalable quantum chemistry methods and algorithms for next-generation computing platforms. His innovations form the core of Rush, QDX’s proprietary AI-quantum platform designed to deliver high-precision molecular modelling at cloud scale.

As QDX continues to push the frontier of drug discovery with advanced computational tools, A/Prof. Barca’s vision and leadership remain central to its mission to enable and accelerate the discovery of new therapies.

About QDX

QDX is a drug discovery company specializing in high-performance quantum simulations to accelerate the design of new therapeutics. Founded by experts in life science, computational chemistry, and high-performance computing, QDX collaborates with global partners to develop innovative solutions for complex diseases, aiming to transform the landscape of drug discovery. Its flagship platform, Rush, empowers biotech innovators to conduct fast, cost-effective molecular modeling, virtual screening, and predictive analytics—no installation or proprietary hardware required.

Media Contact:

ops@qdx.co
www.qdx.co

Yutong’s New Generation U12DD Battery Electric Double Decker Launches in Zhengzhou

ZHENGZHOU, China, May 8, 2025 /PRNewswire/ — On May 6, the roll-off ceremony of Yutong’s new generation U12DD battery electric double decker was held at Yutong Electric Bus Intelligent Manufacturing Factory, Zhengzhou City, China. This model will establish new benchmarks for high-end electric double-deckers, enhancing the public transportation experience and urban sightseeing experiences.

 

Yutong's New U12DD Battery Electric Double-Decker Bus Rolls Off the Production Line!
Yutong’s New U12DD Battery Electric Double-Decker Bus Rolls Off the Production Line!

Li Jia, Deputy CTO of Yutong High-end and International Engineering, stated that the U12DD launch signifies not just a product upgrade but a strategic practice of Yutong’s high-end strategy for new energy buses.

Kent Chang, CEO of Yutong Asia-Pacific, emphasized that this model achieves significant breakthroughs in safety, range, durability and intelligent management, demonstrating Yutong’s profound commitment to green mobility solutions.

As a global leader in new energy bus manufacturing, Yutong has exported its new energy products to over 40 countries and regions worldwide, with cumulative sales approaching 200,000 units, consistently driving the global green transformation of public transport. The U12DD battery electric double-decker serves as Yutong’s flagship product for international markets, designed to fulfill diverse cities’ sustainable transportation needs while providing optimized solutions for challenging operational environments including high-temperature, high-humidity conditions and intensive usage scenarios.

The new generation U12DD achieves comprehensive upgrades in safety, durability, energy efficiency, comfort and intelligent features.
The new generation U12DD achieves comprehensive upgrades in safety, durability, energy efficiency, comfort and intelligent features.

The new generation U12DD battery electric double decker achieves comprehensive upgrades in safety, durability, energy efficiency, comfort and intelligent features.

Enhanced Safety & Reliability

This model achieves a major breakthrough in safety, featuring Yutong’s pioneering YESS battery safety protection system. Its battery, motor and electric control all reach the highest protection level of IP68+IP6K9K in the industry. Notably, its all-aluminum body reduces weight by 1,300kg compared to steel counterparts. With SiC silicon carbide controllers and variable-frequency water pumps, energy consumption is cut by 10%. Advanced electrocoating and anti-corrosion technology extend the vehicle’s structural lifespan to 20 years or 2 million kilometers. 

Superior Energy Efficiency

The U12DD excels in range and operation efficiency, consuming just 0.81kWh/km under SORT2 conditions. Its 621kWh battery enables a 670km range, while standard EU-compliant dual-gun charging (350kW max power) achieves a full charge in just 2 hours. 

Optimized Comfort 

Featuring a rational three-door, dual-staircase layout, the bus accommodates up to 120 passengers. A high-capacity 52,000kcal/h air conditioning system ensures rapid cooling and consistent comfort.

More Intelligent and User-friendly Operation

Equipped with the Link+ fleet management system and intelligent cockpit system, it enables remote monitoring, precise dispatching, and intelligent operations. The innovative maintenance-free system and split-structure design provide operators with an efficient full-lifecycle solution.

Yutong has always been committed to promoting global green mobility and sustainable development. Its battery electric double-decker, combining exceptional passenger capacity with zero-emission performance, represent an ideal solution for urban public transport upgrades.

In January 2025, 74 Yutong U11DD battery electric double-deckers were successfully delivered to the UK, earning high praise from local operators for their exceptional range, energy efficiency, and safety. The newly upgraded U12DD model will debut in Singapore, marking Yutong’s continued progress in the international high end new energy bus market and providing fresh momentum for building greener urban transport systems.

About Yutong Bus

Yutong Bus is a leading global manufacturer of buses and coaches, committed to driving innovation in new energy mobility. By the end of 2024, Yutong had exported over 110,000 buses in total. Its products have been sold to countries and regions including Mexico, the Philippines, Australia, Kazakhstan, Saudi Arabia, the United Kingdom, France, Denmark, Norway, and Finland.

In Singapore, Yutong has been a trusted partner in public transportation since 2008. To date, more than 1,000 Yutong buses have been progressively delivered to support the local network, including a growing fleet of electric models that contribute to the country’s transition towards greener, smarter urban mobility.

Discover more at: https://en.yutong.com/

ONLYFANS FOUNDER, TIM STOKELY, UNVEILS SUBS.COM: A NEW PLATFORM FOR ALL CREATORS

LONDON, May 8, 2025 /PRNewswire/ — From the founder of OnlyFans, a brand-friendly, creator-first platform that empowers every type of creator to build their community and ‘Get More Subs’ (subscribers).

ONLYFANS FOUNDER, TIM STOKELY, UNVEILS SUBS.COM: A NEW PLATFORM FOR ALL CREATORS
ONLYFANS FOUNDER, TIM STOKELY, UNVEILS SUBS.COM: A NEW PLATFORM FOR ALL CREATORS

Tech entrepreneur, Tim Stokely, announces the launch of Subs.com, a new global subscription platform built for all creators, from podcasters and athletes to musicians, influencers, adult creators and more.

Designed by Stokely using his knowledge as a leader in the subscription economy, Subs is a mobile-first platform that combines video hosting, paid subscriptions and 1:1 interaction in one streamlined platform.

“There’s a clear demand for a subscription platform that gives creators everything they need in one place. Creators have been telling me what they want, and that’s exactly what we’ve built with Subs. It isn’t just for one type of creator, it’s for all creators,” said Tim Stokely, CEO and Founder of Subs.

“If Kylie Jenner converted just 0.5% of her Instagram following onto Subs, with a $10 per month subscription, she’d generate around $20 million per month in income from subscriptions alone,” Stokely added.

More Discoverability. More Ways to Earn.

Subs offers creators an all-in-one platform with features like:

  • Explore – discovery feed helping creators reach new audiences
  • Shows – host long-form videos, podcasts, and series with built-in discoverability
  • 1:1 Audio and Video Calls – earn from real-time conversations with subscribers
  • Revenue Sharing – collaborate and split income with other creators
  • Partner Program – two-tier referral system rewarding creators and agencies for driving growth

Safe. Secure. Inclusive.

All content on Subs is moderated using advanced systems, including AI-powered tools and rigorous age and identity verification. This ensures creators can build communities and earn income on a safe platform, no matter their content category and without being boxed into a label.

Turn Viewers Into Paying Subs

Designed with creators in mind, Subs simplifies the path from viewer to paying subscriber, turning audiences into income.

“We’re not just building on what’s been done before. We’re creating something wider reaching, with unique and exciting features that allow creators to monetise more effectively,” said Tim Stokely.

Through its Shows feature, Subs offers a YouTube-style viewing experience, but with a creator’s paid profile sitting directly behind the video. With just one click, viewers can unlock exclusive content, message the creator, or schedule a video call. By providing creators with a seamless way to monetise this traffic, Subs makes it easy for creators and celebrities to quickly convert their followers into paying subscribers (subs).

About Subs

Subs.com is a subscription platform built by leaders of the industry where creators can build, monetise, and scale their businesses across any content category. From first-time creators to full-scale agencies, Subs provides the infrastructure to support growth and long-term success.

www.subs.com 

Announcement video: https://subs.com/shows

Media enquiries: press@subs.com or +44(0)7539685021

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.