fastjet’s new routes end Kenya Airways monopoly, says CEO
Ed Winter, chief executive of low cost Africa-focused airline fastjet (LON:FJET), says the company’s new Keyna service ends a long-running monopoly held by Kenya Airways. Planes are now flying from...
View ArticlePremier African Minerals Boss encouraged by new inventory figures
Premier African (LON:PREM) chief executive George Roach tells Proactive Investors that a new pit review shows encouraging results with higher amounts of tungsten ore at its RHA project in Zimbabwe....
View ArticleLearning Tech CEO expects more acquisitions after recent deals
Learning Technologies Group (LON:LTG) chief executive Jonathan Satchell told Proactive he could “pretty much guarantee” there will be more acquisitions to come, after the firm spent US$30mln on...
View ArticleVenn Life Sciences Holdings PLC beat forecasts on rising contract sizes, says...
Venn Life Sciences Holdings PLC (LON:VENN) has forecast better-than-expected annual results after winning bigger contracts this year. Tony Richardson, chief executive, tells Proactive Investors the...
View ArticleFastForward will not take part in Diabetic Boot Co placing
Shares in FastForward, slipped 4.2% on the day but remain more than 17.5% higher on the year so far.
View ArticleTanfield Group rises on upbeat Snorkel update
Tanfield owns a 49% stake in Snorkel, after selling a 51% stake in 2013
View ArticleVW warns emissions scandal could lead to assets sales
Europe's biggest motor manufacturer said it may have to sell assets to settle its debts.
View ArticleUber receives US$3.5bn cash boost from Saudi government
The investment from the Public Investment Fund (PIF) is one of the largest ever in a private technology company
View ArticleArmadale Capital to acquire graphite project in Tanzania
Armadale Capital PLC has agreed to acquire the Mahenge Liandu Graphite Project
View ArticleEKF Diagnostics announces fundraise; expects to be debt-free next year
The company said it has made good progress during the first quarter of 2016
View ArticleArmadale Capital moves into "proven" flake graphite area in Tanzania
Graphite is used in a number of electronic components
View ArticlePetrel Resources “fully funded” for offshore Ireland work
Shares, which have gained around 21% so far this week, were relatively flat on the news at 6.4p.
View ArticleAvation sees revenues up 25% in 2015
Avation anticipates sales in 2015 will be around US$71mln
View ArticlePowerhouse Energy surges as losses narrow
Pre-tax losses narrowed to £781,000 from £2.5mln the year before.
View ArticleUS: Wall Street shares slip on open as oil weighs
The US followed European shares, which headed south and as the volatile oil market came into focus again.
View ArticleBill Gates sees both sides of Apple/FBI debate
Gates was speaking after FBI director James Comey hit back at Apple at the weekend.
View ArticleBP boss's total pay rises despite firm's 2015 loss
The chief’s 2015 base pay was little changed at $13.1mln from the year before but his pension was changed to meet UK financial regulations
View ArticleKratos receives $11.2mln order from government agency
The order is for hardware and equipment and is from an unnamed U.S. government agency, the company said.
View ArticleRaytheon Company wins $270mln US Navy missile contract
Last year the 94-year-old firm hit sales of $23bn.
View ArticleNeos Therapeutics Inc sees losses widen but revenue rise
R&D expenses totalled $2.8mln for the quarter, a rise of $358,000 on the same period the previous year.
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