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Pollution choking Thailand's north hits tourism, worries public
  + stars: | 2023-04-10 | by ( ) www.reuters.com   time to read: +2 min
CHIANG MAI, Thailand, April 10 (Reuters) - High pollution levels in Thailand's northern city of Chiang Mai and surrounding provinces are keeping tourists away and alarming locals, with the government on Monday urging residents to avoid outdoor activities. For several weeks last month the city was at the top of air quality information platform IQAir's global chart on poor air quality, ahead of Lahore and New Delhi. That is far short of the 80% to 90% expected ahead of this week's Thai New Year holidays, known as Songkran. Addressing the deteriorating air quality in the north, Thailand's health ministry urged the public on Monday to avoid outdoor activities and wear masks that can filter particles. Chiang Mai resident Pathsharasakon Po, 36, said she was concerned about allergies, or even cancer.
Qantas CEO Alan Joyce says he expects the airline to see a full return to pre-Covid capacity in 2024. "We're confident that we'll get back ... 100% of our pre-Covid international capacity, and well over 100% for our domestic capacity," Joyce projected for financial year 2024. ″[There is] really strong demand in leisure, in business ... in corporate," he told CNBC, adding that the pent-up demand will continue for some time. Qantas reported record half-year profits in the six months ended December 2022, but shares still closed 6.8% lower on Thursday. The flagship carrier recorded underlying profit before tax of $1.43 billion Australian dollars ($975.2 million) in half-year ended Dec. 31.
Below, CNBC Select explains how to apply for an EIN for your business and eight reasons why you need one. An Employer Identification Number (EIN) is a federal identification number for your business. These are a few of the most common reasons why you need to apply for an EIN. You cannot open a business bank account for most forms of business without an EIN.. You cannot open a business bank account for most forms of business without an EIN. Best small business resourcesOnce you have your EIN, it will be easier to separate personal and business expenses and take advantage of various small business resources, such as business credit cards, business checking accounts, business savings accounts, business loans and business expense trackers.
Mario poses at the "SUPER NINTENDO WORLD" welcome celebration at Universal Studios Hollywood on February 16, 2023 in Universal City, California. Princess Peach's castle in Super Nintendo World at Universal Studios Hollywood. Mario Kart visors from Mario Kart: Bowser's Challenge at Super Nintendo World at Universal Studios Hollywood. Merchandise available at 1-UP Factory inside Super Nintendo World at Universal Studios Hollywood. Toadstool Cafe during a media preview of Super Nintendo World theme park at Universal Studios Hollywood in Universal City, California, US, on Thursday, Feb. 16, 2023.
They're emphasizing growth right now," van Eck said at the Exchange ETF conference in Miami. The iShares MSCI China ETF (MCHI) had a total return of more than 10% this year, through Feb. 3. MCHI YTD mountain This popular China ETF is outperforming in 2023. Van Eck pointed to the outsized growth of major U.S. tech firms as a key reason for that outperformance, but said that era appears to be over. "We've got a decade where you're really taking a risk if you're under invested overseas," van Eck said.
AAPL YTD mountain Apple's stock performance year-to-date. AMZN YTD mountain Amazon's year-to-date stock performance. SBUX YTD mountain Starbucks' year-to-date stock performance. F YTD mountain Ford's year-to-date stock performance. QCOM YTD mountain Qualcomm's year-to-date stock performance.
Thursday is a massive day for tech investors, as Amazon , Apple and Google-parent Alphabet are all set to report fourth-quarter earnings after the market close. Here are some key stats about Amazon's earnings report: Over the past three months, earnings estimates have fallen from nearly 22 cents per share to about 17, according to FactSet. Here are some key stats about Apple's earnings report: Over the past three months, earnings estimates have dropped from about $2 per share to roughly $1.94, according to FactSet. Alphabet Alphabet's earnings report could provide investors a clear window into the tech industry more broadly, given the company's reliance on search advertising and cloud computing. Here are some key stats about Alphabet's earnings report: Over the past three months, earnings estimates have declined by about 2 cents per share to roughly $1.18, according to FactSet.
Analysts say the platform could be a threat to Google's bread-and-butter search business . Alphabet and Microsoft compete in the cloud business. Neither stock did well in the past year, with Microsoft dropping more than 20%, and Alphabet tumbling over 30%. According to FactSet, analysts covering the stock gave it 21% upside on average, while 91% gave it a "buy" rating. According to FactSet, analysts covering Alphabet gave it 35% upside on average, while 92% gave it a buy rating.
Sequentially, the biggest driver was higher interest rates, as well as a benefit from higher loan balances and lower mortgage-backed securities premium amortization. Key company metrics Net interest income: $13.43 billion, up 11% quarter-over-quarter and 45% year-over-year, outpacing analysts' forecasts of $12.99 billion. Net interest margin: 3.14%, compared with 2.11% during the same period a year prior, and above the consensus estimate of 3.02%. Within consumer lending, home lending was down 57% from last year, while credit card revenue increased 6% over last year. Noninterest expenses increased 4% year-over-year but were down 3% sequentially, with the annual increase resulting from higher operating costs and salary expenses.
Following Thursday's trade, Jim Cramer's Charitable Trust will own 6,500 shares of F, increasing its weighting in the portfolio to 2.63% from 2.44%. We are putting some cash to work Thursday, consistent with our discipline of buying in small increments whenever the market becomes oversold, according to the S & P Oscillator. The S & P Oscillator is a technical indicator that has guided us through oversold- and overbought conditions in the market countless times over the years. When the Oscillator moves below minus 4%, it signals oversold conditions in the market, which could mean it's due for a bounce. Of course, the Oscillator could become more oversold from here and the market could continue to drop.
Impact on Club stocks Club stocks with China exposure largely followed the broader market lower Wednesday amid a day of choppy trading in equity and energy markets, fueled by growing fears of a recession. Chip designer Qualcomm (QCOM) also has warned about the impact of China's Covid policy, saying that overall macroeconomic weakness in the country has weighed on smartphone demand. But Wednesday's announcement, nonetheless, signals an important development for Club stocks with China exposure. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
We think the stock has been hurt by a recent update to the company's reserve quantity. While we're big fans of the company's recent corporate governance cleanup , and we expect some near-term selling pressure associated with those efforts. (See here for a full list of the stocks in Jim Cramer's Charitable Trust.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.
[1/2] A Canoo Lifestyle Vehicle is displayed during the 2021 LA Auto Show in Los Angeles, California, U.S. November, 17, 2021. Quarterly reports from electric vehicle (EV) makers from the past two weeks show them struggling to hit delivery targets and rapidly burning through cash. At the end of September, it had $6.8 million in cash and equivalents, down sharply from $415 million a year earlier. Still, higher output would ultimately reduce the cost per car and limiting production can threaten the path to profitability, analysts said. Rivian, backed by Amazon.com (AMZN.O) and Ford Motor (F.N), had $13.8 billion cash on hand at the end of September.
IBM — A truly good quarter with excellent numbers when it comes to mainframe and hybrid cloud and artificial intelligence. Club holding Danaher (DHR) beat and raise ... no slowdown, all systems go ... company says growth was broad-based across all segments of the company. Company beat top and bottom line estimates as travel demand remains strong. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.
Using travel rewards points, it's possible to get your hotel stays for free. More Information 60,000 Bonus Points after you spend $5,000 on purchases in your first 3 months from account opening. Plus, you can transfer both Chase Ultimate Rewards and Amex Membership Rewards points to Marriott at a 1:1 ratio. Other ways I use credit card rewards for accommodationsAdmittedly, staying in properties affiliated with these major hotel programs leave out a lot of options, such as bed and breakfasts and independent hotels. Thankfully, there are two catch-all programs that allow me to use credit card rewards to stay just about anywhere.
Its app, which lets users to trade sports bets like they would stocks, launches in New Jersey Thursday. On Thursday, its new app that allows users to trade sports bets like they would stocks goes live in New Jersey. Sporttrade, which Insider trialed in its beta version this week, looks more like a trading app than a sportsbook. In the US, there are now various peer-to-peer exchanges from BettorEdge to Prophet that let users bet against each other instead of playing against the house. It's also hoping to build on that with word of mouth as people start to experience the app firsthand.
Grace Torres' photography business is more than a passion project that turned into a career. Here's how Torres turned a hobby into a side hustle, and then into a six-figure full-time business. Last year, her photography business brought in $177,000 in revenue. She started to consider what a full-time photography gig would look like. In May 2021, five months after graduating college, she took her photography business full-time.
Persons: Grace Torres, Torres, she's, Jonathan Cortizo Organizations: Southeastern University, CNBC Locations: New Jersey, Lakeland , Florida, American, Colorado
The new Capital One Spark Cash Plus offers a huge welcome bonus offer and 2% cash back on all purchases with no limits. Read our review Read Our Review A looong arrow, pointing rightReview: Is the Capital One Spark Cash Plus the best card for you? Benefits and featuresWhile Capital One is all about simplicity, there are several great benefits to the Capital One Spark Cash Plus Card. Capital One Spark Cash Plus card — Frequently Asked Questions (FAQ)What kind of card is the Capital One Spark Cash Plus? The Capital One Spark Cash Plus is a small-business charge card, which is a little different from a credit card.
You can transfer Avios between your British Airways, Iberia, and Aer Lingus accounts for free. Read our review Read Our Review A looong arrow, pointing rightTo join Aer Lingus AerClub, you'll need to head to Aer Lingus' AerClub page. British Airways Executive ClubThe next page is similar to that Aer Lingus transfer page where you'll be asked to either select Avios Partners (Aer Lingus) or Iberia Plus as your preferred transfer program. It's also possible to transfer points from Marriott to British Airways, Aer Lingus, or Iberia, but the rate isn't as favorable. Bottom lineTransferring Avios between your Aer Lingus, British Airways, and Iberia frequent flyer programs is one of the many perks of the Avios points currency.
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