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NetJets invests in WasteFuel, commits to buy 100 million gallons of sustainable aviation in the next decade

COLUMBUS, OH, 04 Feb 2021 (GLOBE NEWSWIRE) - NetJets announces today that it has made a significant investment in WasteFuel, a next generation of waste for fuel business aimed at converting landfill waste into sustainable aviation fuel (SAF), making it the first private airline to buy a stake in the production of sustainable aviation fuel. NetJets will also buy at least 100 million liters of WasteFuel's SAF over the next ten years. NetJets and WasteFuel are in the early stages of developing a facility in Manila, Philippines, which is expected to be operational in 2025 in partnership with leading infrastructure…

Italy calls on ‘Super Mario’ as political crisis deepens

Italy calls on ‘Super Mario’ as political crisis deepens

On Tuesday evening Sergio Mattarella pressed the closest thing Italy’s silver-haired president had to a political emergency button: he called for Mario Draghi.Facing a health and economic crisis that, in the words of the 79-year-old, is “the most serious I can remember” Mr Mattarella will meet the former European Central Bank president in Rome on Wednesday, when the Italian head of state is expected to ask him to attempt to form a new government of national unity.Mr Draghi, dubbed “Super Mario” for his celebrated tenure at the ECB, is credited with having saved the euro from disaster during the continent’s…

Mortgage rates are new all-time low, but it may not be necessary to rush to refinance

Mortgage rates hit another record low, but there is no need to rush to refinance. Getty It was another record-breaking week for mortgage rates. According to the latest data from Freddie Mac, interest rates on 30-year loans fell again, reaching a new record level of only 3.15%. It is down from 3.25% last week and 3.99% a year ago. This is the third time this year that rates have hit record highs. The low rates have sent mortgage applications up - despite the financial uncertainty that COVID-19 has spurred. In fact, total mortgage applications rose 2.7% this week, while purchase…

Unemployment makes it harder to qualify for, refinance mortgage

Record increases in unemployment claims are creating major roadblocks for consumers who thought they would like to save money by catching a lower mortgage rate. Maybe you thought you might even refinance the mortgage to grab some cash now by taking out some capital built up as your home has grown? Maybe you look at your house like a piggy bank after losing a job during the coronavirus pandemic?It's a thought, but it's a strategy that is unlikely to work. "For people who are unemployed, it will be more difficult to qualify for a mortgage at this time," said Bill…

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