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Evening Standard reports £11.5m loss amid ad struggles

Free London newspaper edited by George Osborne has not been in the black since 2016

The Evening Standard made a loss of almost £12m last year as the freesheet continues to struggle in a tough advertising market.

The title, which is controlled by Evgeny Lebedev and edited by the former chancellor George Osborne, made a pre-tax loss of £11.5m in the year to the end of September 2018. It takes losses at the Standard, which recently cut jobs as part of a cost-saving merger of print and online operations, to more than £23m in the last two years.

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Sex offender accused of trapping, robbing kids inside store
NEWPORT, N.C. — A sex offender working at a North Carolina convenience store is accused of locking children inside the shop and robbing them. Newport police Chief Keith Lewis tells reporters that two children entered the shop near closing Sunday to buy candy and were trapped by 60-year-old Hector Sanchez, a registered sex offender from...
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New York Post
Japan reportedly pushes 'international network for cryptocurrency payments'
As governments around the world try to figure out how to deal with everything from Bitcoin to Facebook's Libra, Japan has usually been a step or two ahead in dealing with cryptocurrency. Bitcoin has been a legal form of payment there since 2017 and i...
Engadget | Technology News, Advice and Features
This Bluetooth security flaw could let hackers track your Windows, iOS, and macOS devices
Researchers from Boston University (BU) have discovered a flaw in the Bluetooth communication protocol that could expose most devices to third-party tracking and leak identifiable data. According to the research paper — Tracking Anonymized Bluetooth Devices — detailed by Johannes K. Becker and David Starobinski, the vulnerability impacts Bluetooth devices running on Windows 10, iOS, and macOS, as well as Fitbit and Apple Watch smartwatches. The details of the research were presented yesterday at the 19th Privacy Enhancing Technologies Symposium, Stockholm, Sweden. The vulnerability allows an attacker to passively track a device by exploiting a flaw in the way Bluetooth Low Energy… This story continues at The Next WebOr just read more coverage about: iOS,Windows
The Next Web | International technology news, business & culture
Exclusive: Ping An-backed Lufax to ditch P2P lending amid regulatory woes - sources
Lufax, one of China's largest online wealth management platforms that is backed by financial giant Ping An Insurance , plans to exit its once-core peer-to-peer lending (P2P) business, three sources with direct knowledge of the matter told Reuters.
REUTERS
Mooncakes, hymns and post-it notes: the color of Hong Kong's protests
Hong Kong's protests have drawn millions of people to the city's streets in recent months and thrown the former British colony into its biggest political crisis since it was returned to China in 1997.
Reuters: Top News - powered by FeedBurner
Matthijs de Ligt joins Juventus from Ajax in €75m deal
• Defender signs five-year contract as Juve beat PSG to signing• Teenager could earn €460,000 a week after add-onsJuventus have confirmed the signing of Matthijs de Ligt from Ajax for a fee of €75m (£67.8m), with the 19-year-old defender agreeing a five-year contract worth a basic €16m (£14.5m) a season which could rise to €24m (£21.7m) with add-ons. Related: Transfer window 2019 – every summer deal from Europe's top five leagues Continue reading...
US news | The Guardian
Juventus sign De Ligt from Ajax in £67.5m deal
Juventus complete the £67.5m signing of 19-year-old Dutch international defender Matthijs de Ligt from Ajax.
BBC News - Home
Regulator orders water bills in England and Wales to be cut by £50
Ofwat also wants companies to invest an additional £12bn to improve servicesHousehold water bills in England and Wales are to be cut by an average £50 over the next five years, under proposals set out by the water regulator.The regulator has also ordered water companies, which have suffered a series of serious pollution incidents, to step up their spending by investing an additional £12bn to improve services between April 2020 and April 2025. This takes their total investment to £49bn. Continue reading...
US news | The Guardian
Britain's ASOS blames overseas warehouse issues for latest profit alert
British online fashion retailer ASOS warned on profit for the third time in eight months on Thursday, saying it had struggled to overhaul warehouses in the United States and Europe to meet demand.
REUTERS
A Man Who Wrote a Message in a Bottle 50 Years Ago Has Been Found
His family says he's on a cruise and doesn't know his letter has been found yet
TIME - powered by FeedBurner
What's the best mini-laptop for YouTube and writing reports?
Peter wants a mini-laptop to go with his old BlackBerry phone. What are his options? I’m old-school now at 71, but I’m still designing and working as a consultant. I had nothing but BlackBerry smartphones for years. Then it all went wrong. My boring Samsung J-something does most things but I miss my BlackBerry. I found an old one in a drawer, and it fits nicely in my pocket when off out. However, when I’m in a coffee place or relaxing, I’d like a big screen for YouTube, WhatsApp links, and writing reports. I’m thinking of rebooting my nice small BlackBerry and putting a smallish mini-laptop in my bag. Any thoughts? PeterBlackBerry lost its premier position in the market – when its phones were used by everyone from Paris Hilton to then US president Barack Obama – but you can still buy BlackBerry phones. The company licensed its name and technology to China’s TCL Communication Technology Holdings Limited (TCT), which sells phones under the TCL, BlackBerry Mobile and Alcatel brand names. It also makes TV sets, soundbars, headphones, air conditioners and dehumidifiers. (The BlackBerry name has also been used by Optiemus Infracom, selling phones as BlackBerry Mobile India, and BB Merah Putih, which briefly served the Indonesian market.) Continue reading...
US news | The Guardian
Raising the steaks: how to have a fancy barbecue
Tired of guests taking you for granted while you slave over a hot grill? Try your hand at marinated goat, deconstructed ratatouille or boozy poultryThere is a lot to be said for barbecues, including smell, taste, poignant memories of summers past, licensed overeating and the ubiquity of coleslaw, but I have noticed one thing: the chef never gets any credit. It is a bit of reverse sexism: men usually take over, in what we can call “manflipping” or “pyromannia”, so if you praise the chef, you are shoring up the patriarchy, even if a woman did all the marinating or, for once, the chef is actually a woman. It is mainly the sense that he or she does jack-all, beyond opening some packets. Which is fundamentally unfair, since knowing what is what on an open flame that you use twice a year is far more technically demanding than using an oven. Maybe you don’t care about credit. But if you do, here are a few suggestions.Try interesting cuts of meat. Classic barbecue fare tends towards the banal (chicken breasts) or at best workaday (the sausage). What you want is meat round a complicated bone, to give it some structure and slow-release flavour against the suddenness of the heat, and what you get is a load of steaks that have very few defences. I would never barbecue steaks again, having discovered that you can cook them in an air fryer, which locks in flavour without leeching out moisture. The best barbie cut, meanwhile, flash-fried, perfect unadorned, is the Barnsley chop. The nubbly central bone that gives it that butterfly shape makes it unusually juicy, while the fat turns to lamb crackling, which you almost never see in domestic life. Continue reading...
US news | The Guardian
Quentin unchained: what will Tarantino's 10th and final film be?
The acclaimed film-maker is releasing his ninth film this summer and has openly stated that he will retire after he completes his nextJust over a week away from the US release of Quentin Tarantino’s latest film, the showbiz-cum-true crime epic Once Upon a Time in Hollywood, the anticipation among film freaks and general audiences alike is at a fever pitch. Though this is par the course for Tarantino, whose every directorial effort is regarded as a major cinematic event, Once Upon a Time in Hollywood carries with it an extra sense of gravitas: not only is it a new Tarantino film, it is very likely the penultimate Tarantino film. Related: Once Upon a Time ... in Hollywood review - Tarantino's dazzling LA redemption song Continue reading...
US news | The Guardian
Ex-British ambassador to US called Clinton White House ‘chaotic,’ documents reveal
A former British ambassador to the United States described the “chaotic” environment of the Clinton White House in the 90s, a report said Wednesday. Robin Renwick, who served as ambassador from 1991 and 1995, described the ordeal as “Clinton’s roller coaster ride” in diplomatic cables sent at the time, according to London’s Telegraph. He also...
New York Post
227 dead in South Asia floods
At least 227 people have died since flash floods ravaged swathes of South Asia over the weekend, officials said Thursday.
CNN.com - RSS Channel
Man United's Marcus Rashford Hails Mason Greenwood's 'Frightening' Talent
Manchester United striker Marcus Rashford has backed team-mate Mason Greenwood to excel under manager Ole Gunnar Solskjaer after showcasing his "frightening" natural talents...
bleacherreport.com
No-deal Brexit 'would send UK into recession', forecasters fear - business live
Rolling coverage of the latest economic and financial news, including the Office for Budget Responsibility’s new stress test of the UK economy 7.50am BST Good morning, and welcome to our rolling coverage of the world economy, the financial crisis, the eurozone and business.Britain will slip into recession next year and the economy will be 3 per cent smaller if there is a no-deal Brexit, the UK’s official economic forecaster is expected to say today.The Office for Budget Responsibility is due to give its first assessment of the economic impact of a no-deal Brexit, including how it may affect household incomes, wages, employment and house prices.THE TIMES: Young drivers face night ban #tomorrowspaperstoday pic.twitter.com/C1f3ox6QbBBoris Johnson referencing kipper trade from the Isle of Man.Worth noting the Isle of Man isn’t part of the EU or the UK, but remains part of the customs territory of the Union. pic.twitter.com/GI7hOCW8iu Continue reading...
US news | The Guardian
Crude futures mixed; WTI extends losses after U.S. oil products stocks gain
Oil prices were mixed on Thursday with U.S. crude extending losses after falling in the previous session after data showed U.S. stockpiles of products like gasoline rose sharply last week, suggesting weak demand during the peak driving season.
REUTERS
Report: 13 Philadelphia officers expected to be fired for social media posts
The Philadelphia Police Department is expected to begin the process of firing police officers whose racist or offensive social media posts were discovered online, according to a report from The Philadelphia Inquirer.
CNN.com - RSS Channel
Stocks wobble on trade, earnings anxiety; U.S. Treasury yields fall
Asian share markets faltered on Thursday as Wall Street stocks dropped on early signs that the U.S.-China trade war could hurt corporate earnings, which helped underpin solid demand for safe-haven U.S. Treasuries.
Reuters: Top News - powered by FeedBurner
Anglo American's second-quarter output rises 2%, Minas Rio ramps up
Anglo American on Thursday said the ramp-up of iron ore at Minas Rio in Brazil and higher volumes of coking coal had offset reduced diamond production, raising second-quarter output by 2% and keeping the company on track to meet its 2019 targets.
REUTERS
13 feared dead in suspected arson attack in Japanese animation studio
At least 13 people are feared dead and 38 injured in a suspected arson attack at an animation studio in Japan Thursday, fire officials said.
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CNN.com - RSS Channel
Danske Bank profit hit by higher costs, low interest rates
Danske Bank's second-quarter pre-tax profit came in below expectations on Thursday, hit by low interest rates and higher costs associated with compliance following a money-laundering scandal at its Estonian branch.
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REUTERS
Boris Johnson's no-deal Brexit threat risks being ignored by the EU
Michel Barnier says the UK will ‘have to face the consequences’ of crashing outBoris Johnson’s suggestion he could use the threat of no deal to win an improved Brexit deal for the UK risks falling on deaf ears in Brussels, the EU’s top negotiator has suggested.Michel Barnier suggested, in an interview carried out in May for the BBC Panorama programme, that Theresa May’s negotiating team never tried to use the spectre of a no-deal Brexit despite calls from Tory hardliners to do so. Continue reading...
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US news | The Guardian
Donald Trump impeachment bid fails in the House
The Democrat-controlled US House of Representatives voted overwhelmingly against the measure.
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BBC News - Home
Volvo Cars to cut costs as trade war dents profits
Volvo on Thursday announced plans to cut fixed costs by 2 billion Swedish crowns ($214 million), becoming the latest carmaker to warn that pricing pressure and tariffs arising from the China-U.S. trade war were denting profitability.
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REUTERS
Juventus Sign Matthijs de Ligt from Ajax on 5-Year Contract
Juventus have signed Ajax defender Matthijs de Ligt on a five-year deal. The club announced the Dutchman's capture on Thursday: In their statement, Juve confirmed they have ...
1 h
bleacherreport.com
At least a dozen presumed dead in suspected arson at Japanese anime studio
A Japanese fire official says at least 12 people are presumed dead and more could be missing after they were trapped by fire at a popular animation production studio in Kyoto. Kyoto fire department official Satoshi Fujiwara says 35 others have been injured, some of them critically. He says firefighters found 12 people who are...
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New York Post
Michael Gove by Owen Bennett review – did this book end his leadership bid?
This skilful, if flawed, biography revealed that Gove took cocaine. Can the Tory party’s ‘best rhetorician’ come back yet again? “Political biographers who choose to write about a figure not yet at the end of their career are taking a gamble,” Owen Bennett writes in his biography of Michael Gove. He is talking not about himself but about Gove’s own entry in the genre, Portillo: The Future of the Right. Weeks after Gove’s study of Michael Portillo hit bookshelves, the Enfield Southgate MP’s putative leadership bid had hit the buffers.Bennett’s A Man in a Hurry has suffered a similar fate. And unlike The Future of the Right, which was criticised (both at the time and by Bennett) for pulling its punches, this book arguably played a decisive role in the downfall of its subject. It is in these pages that Bennett revealed that Gove took cocaine while working at the Times, a story which, given the wafer-thin margin that separated him from Jeremy Hunt in the vote of MPs, may well have brought his leadership bid to an early end. Continue reading...
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US news | The Guardian
Jurgen Klopp Says Liverpool 'Cannot Spend Every Year' Like Manchester City, PSG
Liverpool boss Jurgen Klopp has reiterated it will be a quiet transfer window for the club as they can't match the spending of some of their rivals...
1 h
bleacherreport.com
Novartis CEO sets aside $700 million to settle doctor bribery lawsuit
Novartis Chief Executive Vas Narasimhan set aside $700 million to settle a U.S. doctor bribery lawsuit, as the Swiss drugmaker seeks to close the chapter on allegedly aggressive business practices that exposed it to litigation risks.
1 h
REUTERS
Britain's easyJet hires Ryanair's operations chief
Britain's easyJet on Thursday said it would hire Peter Bellew as its chief operating officer from Ryanair , as the budget airline said quarterly trading had been in line with expectations.
1 h
REUTERS
Hawaiian Elders Arrested as Standoff Continues Over a Telescope Slated for a Sacred Mountain
Law enforcement has been granted more power as the standoff intensifies
2 h
TIME - powered by FeedBurner
12 presumed dead after suspected arson at Kyoto animation studio
A man is suspected of starting the fire early Thursday, and he is among those injured in a hospital.
2 h
NBC News - Breaking News & Top Stories - Latest World, US & Local News
UPDATE 1-Volvo hikes FY growth outlook; picks Samsung for batteries
AB Volvo on Thursday hiked its growth outlook for North America and Europe, as upbeat deliveries for trucks and construction equipment as well as continued easing of supply-chain bottlenecks helped the Swedish truckmaker top estimates.
2 h
REUTERS
Miner Anglo American posts 2% rise in second-quarter output
Miner Anglo American said on Thursday its overall output rose 2% in the second quarter, benefiting from a ramp up in iron ore production at its Minas-Rio mine in Brazil and increased metallurgical coal output.
2 h
REUTERS
Uber’s in-car shopping service now sells way more than just snacks
The Cargo Box launched in 2018 to offer Uber drivers an easy way to sell snacks and drinks to riders. The service is now expanding to include lots more items, including tech products and travel accessories.
2 h
Digital Trends | Technology News and Product Reviews
Heat dome traps summer heat wave through the weekend
Heat dome continues to trap summer heat through the weekend. CNN meteorologist Ivan Cabrera shows who will feel the worst of the heat.
2 h
Sport
Trump doubles down on attacks on congresswomen
President Trump at a campaign rally on Wednesday doubled down on his racist remarks about four progressive congresswomen of color. After singling out Rep. Ilhan Omar of Minnesota, the crowd changed "send her back." CBS News' Weijia Jiang reports from the Greenville, North Carolina rally.
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CBS News - Breaking News, U.S., World, Business, Entertainment & Video
Illinois woman allegedly stabs her boyfriend’s genitals during break up attempt
A woman in Illinois stabbed her boyfriend in the genitals when he attempted to break up with her, a report said Wednesday. The 30-year-old woman went ballistic on June 24 when her 43-year-old boyfriend became upset because she was out all day and decided to end the relationship, according to the Herald & Review. Decatur...
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New York Post
Culture Seems a Little Irrelevant Right Now, So Here’s a Newsreel Where a Monkey Rides Around on a Dog Like It’s a Horse
Aw, that brave little guy!
2 h
Slate Articles
What’s the Future of Syrian Refugees in Turkey?
Turkish government and opposition parties need to work together to prevent the deepening of anti-immigrant talk and xenophobic Turkish nationalism.
2 h
NYT > Home Page
Instagram is expanding its hidden 'Like' test to more countries
Instagram launched an experiment for Canadian users in April to try and find out whether hiding Like counts can benefit its users. While the Facebook-owned photo-sharing platform hasn't shared its results with the public yet, it's now expanding that...
2 h
Engadget | Technology News, Advice and Features
My Friend the Polish Girl review – a fiction boldly reframed as fact
A faux video diary about a young woman living alone in London casts a compassionate light on migrant workersHere is a low-budget experiment in metafiction, or autofiction, with a shimmer of anxiety, shot mostly in black and white with periodic excursions into colour and animation – all about a young Polish woman living alone in a London flat, dealing with issues that are never clearly articulated. It often seems like nothing so much as a postmodern, 21st-century version of Polanski’s classic Repulsion. The film itself appears to be a faux video diary by a (fictional) independent film-maker, recounting her experiences making a documentary about the life of a migrant worker in London. Emma Friedman-Cohen plays Katie, the director, and Aneta Piotrowska gives a bold and interesting performance as Alicja, the Polish woman and part-time actor Katie finds through an audition process. Alicja allows Katie into her life, at least partly through loneliness, and seems intensely sexual in a compulsive and troubled way. (An actor friend playfully addresses her as “Stella!” from A Streetcar Named Desire.) Katie comes to believe that Alicja might have been abused as a child; she is partly excited by the thought that her film might be on the verge of a revelation but also frightened by the intensity and responsibility that that would entail. Continue reading...
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US news | The Guardian
NatWest’s new cheque scanning system has let me down
Reader who runs small business is out of pocket because of NatWest’s software updateI run a small manufacturing business in Devon. We bank with NatWest and have some clients who still pay their accounts by cheque.NatWest has implemented a new cheque scanning system which will supposedly improve its processes. Continue reading...
2 h
US news | The Guardian
Pale, male and stale: does modern classical have a gender problem?
Compilation album by Wayne McGregor criticised for only including two works by womenModern classical and electronic music is still dominated by stars who are largely “pale, male and stale”, leading industry figures have warned, after learning of a major new compilation album featuring only two works composed by women.Collaborations, which will be released by Mercury KX – a label that claims to cross “the borders between electronic, ambient, classical, alternative and modern music” – is compiled by choreographer Wayne McGregor and was billed as “a collection of music from the biggest names in modern classical and electronic music” in a tweet sent by the label. But the dearth of female artists was immediately picked up on – with footwork artist Jlin and Finnish contemporary composer Kaija Saariaho the only women represented over the 15 tracks. Continue reading...
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US news | The Guardian
'The impact is tremendous': readers on wildflower verges
Readers share how wildflowers are bringing colour and life to previously sterile green spacesCatastrophic news for insect life has inspired communities and councils around the UK to take action, generating splashes of summer colour which hope to have a lasting impact.After reporting a campaign by the conservation charity Plantlife to encourage the growth and planting of flowers on UK roadside verges, we asked you to share stories from where you are. Continue reading...
2 h
US news | The Guardian
From Rio to Siberia: Evangelia Kranioti's world of lost souls – in pictures
Ship fumigators crossing the Bering Sea, Asian maids trapped in Lebanon – Evangelia Kranioti puts marginalised figures from all over the world at the centre of her powerful work• Evangelia Kranioti’s The Living, the Dead and Those at Sea is at Arles photography festival until 22 September Continue reading...
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US news | The Guardian