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Bill Gates-led fund to make green jet fuel as cheap as fossil fuels

Bloomberg The burgeoning market for sustainable jet fuel will soon reach a milestone, with a plant capable of turning out for the first time a lower-emission fuel at the same price as fossil fuel-based options. But this price parity will only come as result of a $50 million grant from Bill Gates-led Breakthrough Energy, alongside support from discounted loans and ...

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Boeing offers 737 Max jets slated for Chinese customers to Air India

  Bloomberg Boeing Co. is offering 737 Max jets once slated for Chinese customers to Air India Ltd. as the plane-maker tries to offload some of the roughly 140 aircraft it’s currently not allowed to deliver. The Indian carrier, which is overhauling its fleet under new owner Tata group, is one of a number of potential customers for Boeing, which ...

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Nestle pushes through largest price hikes in decades

Bloomberg Nestle SA Chief Executive Officer (CEO) Mark Schneider said inflation will remain an issue in 2023 even after the world’s largest food maker pushes through the biggest price increases in decades this year. “This is a situation no one wished for,” CEO Mark Schneider said in an interview with Bloomberg Television. “We are seeing huge upward pressure on energy, ...

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