Guaranteed mutual funds

Thai Airways first took off as the national airline on May 1, 1960 with its first passenger-carrying flight. 60 years later it’s now poised for a massive dissection as it enters bankruptcy proceedings and restructuring. It’s 60th birthday passed without fanfare or announcement as the pride of the nation scrambles for survival – a victim of a global pandemic, years of mismanagement, profound changes in the aviation market and a decade of accumulated debt. A key point here is that the airline is NOT bankrupt – that’s very unlikely to happen given current and past governments’ willingness to keep the struggling airline afloat at all costs. At least now Thai Airways has a chance for real and urgent restructuring to make it an important player in the resurgence of Thai tourism and a contemporary airline business model. Thailand’s Ministry of Transport has announced it is nominating 4 ‘professionals’ to the new board of Thai Airways who will be tasked with managing the business under … [Read more...] about New Thai Airways board will nominate 4 ‘professionals’ to execute restructure

The European Union approved cricket powder as a novel food to be added to bread, pasta, meat substitutes and various other foods, according to a Jan. 3 entry into the EU’s regulation database. The European Food Safety Authority determined that partially defatted cricket powder is safe for human consumption when added to everyday food products at certain levels after the Vietnamese insect insect farming company, Cricket One Co., applied for approval in 2019, according to the EU, as previously reported by independent journalist Irina Slav. Replacing animal livestock with insects is one way to relieve environmental pressures, according to the EU, citing United Nations guidance in a frequently asked questions page . Insect-based protein is a key research area for the EU funding program Under Horizon Europe, according to the same page. Kyle Morgan, Grocery Manager at MOM’s Organic Market in Washington, DC, holds bags of Mealworm Protein Powder and Whole Mealworms on … [Read more...] about EU Approves Use Of ‘Cricket Powder’ In Food, Pledges Funding For ‘Insect-Based Proteins’

Share to Twitter Share to Linkedin If you want to understand how travel insurance is changing — and how it could change the way you travel this year — you have to meet Robin. Robin (full name, Robin Assist) is a new technology-driven service platform used by insurance companies to process travel insurance claims, among other things. "Technology can really help when you're filing a claim," says Sasha Gainullin, CEO of battleface , the company that created Robin. "It can find the policy you have. It can eliminate the need for a claim form. It can identify the expense that you're filing against the policy." Tectonic changes in travel insurance for 2023 Robin could change the way you file your travel insurance claim in 2023. At the moment, travel insurance companies are sitting on hundreds of thousands of unprocessed claims from the holiday air travel meltdowns and even a few from this summer. Technology like Robin could dramatically accelerate the … [Read more...] about 6 Surprising New Developments In Travel Insurance That Will Change The Way You Plan Your Next Trip

At the end of October, Shutterstock, one of the leading stock image companies on the internet, announced it was partnering with OpenAI to launch a new tool that would integrate the generative-AI DALL-E 2 into its online marketplace. The announcement was a huge win for the still-burgeoning AI industry, but was met with shock and outrage by creatives all over the internet, many of whom see generative AI like DALL-E 2 as an existential threat to their livelihoods and the use of their images for machine learning as a form of theft. “It’s disappointing to know we have so little respect and it’s worrying to now be competing with bots for sales,” an anonymous Shutterstock photographer told Artnet News in October. So, now that the dust has settled, how is the company feeling about its OpenAI partnership? Is it still bullish on a future where machines are making our stock images for us? “I think there are two choices in this world,” says Shutterstock CEO Paul Hennessy. “Be the … [Read more...] about Generative AI tools are already changing the creativity landscape—and some artists aren’t happy about it

Former New Zealand player Simon Doull (Photo by Visionhaus/Getty Images) He may have played just 32 Test matches and 42 one-day internationals (ODIs), but he is one of the most familiar Kiwi faces around the world for his commentary and his role as a cricket expert. Former New Zealand pacer Simon Doull is still one of those rare former players who doesn’t believe in mincing his words while giving his opinions. Recently, Moneycontrol.com spoke to the 53-year-old on a range of issues related to Indian and world cricket. Here is an edited excerpt. It was a bit disappointing the way rain spoiled the last India-NZ series in New Zealand. Yeah, it is, I think India were looking for some answers, looking to find out a few things about the one-day side, figure out some players whether are good enough to play, and I am not sure that they have got a lot of answers, they have probably figured out that Washington Sundar when fit should probably be in the playing 11, they have figured … [Read more...] about Shubman Gill, Umran Malik have real potential, says Kiwi expert Simon Doull

China doctors battle covid surge (Image: AFP) A furious, wide-ranging argument is unfolding on the internet in China over the reversal of the government’s strict pandemic policies and the massive COVID surge that followed. The divisions are challenging the Communist Party’s efforts to control the narrative around its pandemic pivot. Since the party abandoned “zero-COVID” last month, many online commenters have staked out opposing positions over seemingly all manner of questions. Who should be blamed for the explosion of cases and deaths? Is a top government-appointed health expert trustworthy? Is omicron really less severe, as Chinese officials now say, when hospitals seem to be filling up with sick patients? They are even arguing over whether people should be allowed to set off fireworks during the upcoming Spring Festival holiday, after many did so during the New Year. The digital finger-pointing reveals a country that is deeply polarized, with each side distrustful and … [Read more...] about As China reopens, online finger-pointing shows a widening gulf

Finance Minister Nirmala Sitharaman will present the Union Budget 2023-24 in the Lok Sabha on February 1. Moneycontrol conducted a survey of 30 market experts, including fund managers, analysts, heads of research, chief investment strategists and officers to get responses on some important questions relating to the upcoming Union Budget . Increase in capex Sectors like infrastructure, railways, defence, public sector undertakings and renewables are expected to witness an increase in spending by the government. Also Read | Budget-sensitive stocks | How to play these ahead of the D-Day? Read More The market will be satisfied if there is an increase in capital expenditure (capex) by 15 percent for FY24, said 53.3 percent of the surveyed participants. Whereas, 43.3 percent believe this is worse than they expected and that they will be disappointed. On being asked about their reaction if capex is increased by 15-30 percent, 48.3 percent said … [Read more...] about Budget 2023 Expectations Survey: What the market thinks about increase in capex

In the chaotic world of college sports’ Name, Image and Likeness, some booster groups that pay student-athletes to attend their favorite schools have claimed to be charitable organizations. It used to be that paying college athletes was a game of shadows played by armies of so-called bag men . They wielded burner phones and operated under the glow of yellow and black Waffle House signs, running an underground market for raw athletic talent. For the most part, that changed in 2021 when the Supreme Court unanimously ruled against the NCAA’s prohibition against athletes profiting from their name, image and likeness (NIL for short). But because this is college sports, the process for how money flows to those most responsible for making it remains anything but straightforward. Across the country, groups known as collectives have sprung up to channel money to high school and transfer-willing superstars looking to finally get their cut of the multibillion-dollar enterprise … [Read more...] about Looking For A Tax Break? Buy Your Alma Mater Its Next Football Star

Share to Twitter Share to Linkedin What Happened Yuga Labs, the creators of the successful NFT collections the Bored Ape Yacht Club, Mutant Ape Yacht Club, Bored Ape Kennel Club, and Otherside metaverse, has launched its first Web3 game called Dookey Dash. Holders of Bored Apes and Mutant Apes were able to mint free “sewer passes” which are NFTs required to play the game. In total, 23,390 passes were issued across four tiers of holders, with higher tiers receiving in-game bonuses and access to exclusive content. The top tier passes were issued to wallets holding both Bored Ape and Kennel NFTs, and the bottom tier were sent to wallets holding a Mutant Ape NFT. Dookey Dash went live on January 19th and will only remain playable for three weeks, through February 8th. The game is an “endless runner” style experience reminiscent of the popular mobile game, Temple Run, and the gameplay entails dodging obstacles and collecting special items. The more … [Read more...] about NFT Blue Chip Yuga Labs Dives Into Web3 Gaming, But Speculative Frenzy Could Leave Some Investors Hurting

Share to Twitter Share to Linkedin Topline American Express shares surged Friday after the U.S.’ second-largest credit card company posted strong quarterly earnings , with American Express brass boasting about its wealthier consumer base’s resilience even as the U.S. economy borders on recession. Key Facts American Express reported $14.18 billion in revenue and $2.07 earnings per share, each below analyst expectations, but the stock rose 11% as investors latched onto an optimistic outlook from the company and a planned 15% increase in quarterly dividends to $0.60 per share. "We aren't seeing recessionary signals," CEO Stephen Squeri told Yahoo Finance after his company reported its highest-ever quarterly cardholder spending. Squeri’s assertion came even as the latest consumer spending data revealed Americans spent 1.1% less on retail last month compared to November. But credit card companies have largely benefited as … [Read more...] about American Express CEO: No Sign Of ‘Recessionary Signals’ As Credit Card Spending Soars