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Billionaire Sawiris is stepping up his private jet effort in the midst of the takeover battle

Photographer: Stephen Yang / Bloomberg Photographer: Stephen Yang / Bloomberg Egyptian billionaire Nassef Sawiris increased his bet on the private jet industry and accumulated additional shares in Signature Aviation Plc in the middle of a takeover battle for the company.NNS, the investment vehicle in Sawiris, bought 2.14 million shares of London-listed Signature Aviation at 405.36 pence ($ 5.47) a piece on January 8, according to a law archiving on Monday. The acquisition brought NNS's share up to 7.41% of the company from 7.16%. Blackstone Group Inc. said last week that it teamed up with billionaire Bill Gates on a potential…

Advantages and disadvantages of refinancing a mortgage on a mortgage

Like any economic movement, it has an advantage and disadvantages of making a payout financing. Here's what you need to know before you get started. (iStock)If you've been following the news recently, you know that mortgage rates are at historically low levels in the coronavirus pandemic. Typically, when mortgage rates are low, borrowers refinance to lower their monthly payments. But with a mortgage payment, it is also possible to use the capital you have built up in your home to cover a large expense.You can visit an online marketplace as Credible to see current refinancing rates and get cash out…

Santa Clarita agent sells snowmobile insurance

Many Californians love to ride on these machines, but are not aware that coverage is available or most of all, how low price it really is. When most people think of the LA area, the last thing they think of is snow, but knowledgeable Allstate insurance agent Kimberley Ellison recognizes a significant snowmobile coverage market. Snowmobile insurance is more accessible and important to this community than many people know. Not far from LA is Mammoth, California, where snowmobile riders love to go out and enjoy trails, open snow and adventure rides. As an experienced personal line agent who is heavily…

Do you need to refinance your mortgage if you are retired?

Making a mortgage refinance has both advantages and disadvantages. (iStock)Debt can be a source of stress in an otherwise relaxing retirement. According to Federal Reserve Bank of New York, Americans in the 60s owed a total debt of $ 2.14 trillion in 2019, while 70-year-olds owed $ 1.1 trillion.Retirement mortgage debt can put a strain on your financial resources, especially if your income drops significantly when you switch to living off your savings instead of drawing a constant paycheck. A refinancing mortgage can help ease the financial pressure.Do you need to refinance your mortgage if you are retired? Deciding whether…

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