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Gates and the world empire win big on the Private Jet company’s 196% wave

Photographer: Luke MacGregor / Bloomberg Photographer: Luke MacGregor / Bloomberg The coronavirus crisis has not stopped the world's wealthy from flying - they are increasingly doing so privately, and some are getting oversized returns from it.Bill Gates, Nassef Sawiris, James Packer and Kerry Stokes have amassed more than $ 1.2 billion in the world's largest operator of private jet bases, according to data collected by Bloomberg. The company, Signature Aviation Plc, has recently become the focus of a takeover battle involving Blackstone Group Inc., Carlyle Group Inc. and Global Infrastructure Partners, helping its shares nearly triple since a low in…

When should you refinance your mortgage?

Interest rates are at historically low levels, signaling a good time for refinancing. (iStock)Mortgage refinancing rates are on a downward trend with the shadow of COVID-19 looming over the U.S. economy.Larger mortgage lenders agree that mortgage rates continue to slide to historically low levels. Wells Fargo estimates an interest rate of 2.93 percent for 30-year fixed-rate mortgages by the end of 2020. Fannie Mae is not far behind, demanding an average interest rate of 3.05 percent in the latter half of the year.Mortgage lenders say it's a good time to refinance a mortgage. However, homeowners who want to refinance right…

How to refinance your mortgage: rates and fees

(CNN) - Interest rates continue to soar near historic lows, so it's not too late to lock in a lower mortgage payment into the next decade or more. But a mortgage lender is not necessarily the right choice for everyone. You will need to consider a number of variables, and it is important to understand the terms lenders use in a refinancing and how the process works. So before you start on the mortgage refinancing path, take a look at our guide on how to refinance your mortgage and learn all the details and things - it will help you…

Myanmar coup feared as military detains Aung San Suu Kyi

Myanmar coup feared as army detains Aung San Suu Kyi

Aung San Suu Kyi and different senior members of Myanmar’s ruling occasion have been detained by the navy after a number of days of rising tensions over the outcomes of a current election, elevating fears of a coup within the south-east Asian nation.Aung San Suu Kyi, Myanmar’s 75-year-old state counsellor, President Win Myint and different members of the Nationwide League of Democracy have been arrested at their residences within the capital Naypyidaw early on Monday. Sean Turnell, an Australian tutorial who serves as an adviser to Aung San Suu Kyi, confirmed company experiences of the arrests and mentioned that web…

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