Flying-taxi startup Skyports wins funding from ST Engineering

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ST Engineering is the final investor in a Series B capital raise and takes the latest round of fundraising to US$26.1 million, Skyports said.

Learn to speak, read, and write Thai and Thai script with our easy and fun online course. Nine years of experience teaching individuals and groups.British North Sea focused oil producer EnQuest cut its debt to $880 million on the back of $332 million in second-half cashflow, it said on Tuesday. EnQuest, with a market capitalisation of around $636 million as of Monday, produced just 50,000 barrels of oil equivalent per day in the three months to the end of June, it said in an operations update.

EnQuest had free cashflow of $142 million in the second half of last year, when its production was around 46,000 boed and oil prices were much lower.Large-scale and mid-sized enterprises and businesses are increasingly adopting — and offering — software-as-a-service platforms as they seek to increase their revenue and parlay their growth into greater efficiency. Now a young startup, Emitrr, is aiming to bring the benefits of this model to small and local businesses in the U.S.

 

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