This is Money meets a number of the younger entrepreneurs who dream of owning their very own businesses after they grow up. Oilfield companies provider Petrofac noticed its annual revenue halved over the previous yr and warned it expects to safe fewer contracts within the short-term. Amid higher prices and decrease deal numbers, core revenue fell to $104million in the year ending 31 December, down from $211million a 12 months in the past, the London-listed company stated.
To be eligible, businesses must be a minimal of 51% owned by a lady or woman-identifying particular person, be a for-profit business with at least five but not extra than 50 workers and have annual gross revenues of less than $7 million for 2021. Applications will close on April 22, and winners might be notified by June 2022. Smart fleet management and diesel-natural gasoline hybrid vehicles are key to battle world warming, says …