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☆ China Southern Airlines places order for 40 Airbus jets
▼ + stars: | 2022-09-22 | by ( ) www.reuters.com time to read: +1 min

REUTERS/Benoit TessierSept 22 (Reuters) - China Southern Airlines Co Ltd (600029.SS) said on Thursday its unit has placed an order with Airbus SE (AIR.PA) for 40 A320neo-family aircraft worth $4.85 billion. The deal comes months after three Chinese state airlines placed an apparently coordinated order for nearly 300 Airbus jets, the biggest order by Chinese airlines in about 5 years. read moreThe new order for 40 jets was on top of the bulk order for 292 aircrafts announced in July, an Airbus spokesperson said. read moreThe Airbus deal follows China Southern Airlines' order in August for 96 A320neo-family aircraft worth $12.25 billion. Xiamen Airlines is majority owned by China Southern Airlines and has previously relied exclusively on Boeing jets.

☆ France's Deezer pledges to turn a profit by 2025
▼ + stars: | 2022-09-21 | by ( Mathieu Rosemain | ) www.reuters.com time to read: +2 min

REUTERS/Benoit TessierPARIS, Sept 21 (Reuters) - French music streaming platform Deezer (DEEZR.PA)'s first-half adjusted gross profit rose 9.1% from a year earlier, led by a surge in sales in its home country that firmed up its goal to turn a profit by 2025, the company said on Wednesday. Gross profit increased to 45 million euros ($44.4 million) from 42 million a year earlier, while total sales rose by 12% over the period to 219 million euros, Deezer said in a statement. Deezer's number of direct subscribers in France, where it generates about 60% of its consolidated revenue, rose to 3.3 million from 3 million a year earlier. Yet the total number of subscribers fell by close to 3% to 9.4 million. read moreThe stock has lost 65% of its value since its first trading day, valuing the company at 472 million euros ($466.38 million), compared to Spotify's market capitalisation of $18.7 billion.

☆ Meta aims to cut costs by at least 10% within next few months - WSJ
▼ + stars: | 2022-09-21 | by ( ) www.reuters.com time to read: +1 min

The reported figure represents a big jump from the earlier forecast of about 2% to 4% cost cuts that Meta announced in July. Meta on Wednesday reiterated its plans to steadily reduce headcount growth over the next year in an emailed response. The company's business has taken a hit in recent months as recession fears and competitive pressures hit digital ads sales. Reuters had reported in June that Meta had cut plans to hire engineers by at least 30% this year as it prepares for a deep economic downturn. Register now for FREE unlimited access to Reuters.com RegisterReporting by Savyata Mishra in Bengaluru; Editing by Shinjini GanguliOur Standards: The Thomson Reuters Trust Principles.

☆ 2 decomposed bodies found in home of a former Rhode Island mayor, police say
▼ + stars: | 2022-09-20 | by ( Marlene Lenthang | Marlene Lenthang Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +1 min

Two bodies have been found “in a lengthy stage of decomposition” in the home of former Rhode Island mayor Susan Menard, police said. The residence belonged to Susan Menard, Oates said, Woonsocket's longest serving mayor who was in office from 1995 to 2009, according to the city’s website. Police investigate at the home of former Woonsocket Mayor Susan Menard, where two severely decomposed bodies were found. WJARThe remains are now with the medical examiner for identification, as well as to determine the manner of death. Woonsocket resident Lorraine Tessier questioned why it took so long for the bodies to be found.

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