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Daily Archives: August 24, 2020

Seven West Media earnings plummet on weak advertising market

Seven West Media’s statutory earnings have tumbled 49 per cent to $129.5 million in the full financial year, hit by a weak advertising market caused by the coronavirus pandemic. The Kerry Stokes-controlled broadcasting and publishing company also reported a 14 per cent fall in revenue to $1.2 billion, but managed …

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Brett Brown fired by Philadelphia 76ers

The firing was widely expected, with Brown telling reporters on Sunday that the injuries prevented him from doing his best work this year and acknowledging that the season did not meet expectations. “The job of a coach is to take the team you have and maximise it,” Brown said. “I …

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Scentre plunges to $3.6b loss as pandemic sinks value of malls

It reported an unrealised non-cash reduction of $4 billion in the value of its vast Westfield shopping centre portfolio. The result mirrors its rival Vicinity Centres, the country’s second largest shopping centre landlord, which saw $1.79 billion wiped off the value of its extensive portfolio from COVID-19. Loading At its …

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Vitamins giant Blackmores to cut jobs as profit slides

ASX-listed vitamins and health supplements company Blackmores has signalled plans to cut about 10 per cent of its workforce as it revealed its statutory net profit fell 66 per cent to $18.1 million for the 2019-20 financial year. The cuts are part of the company’s organisational redesign as it seeks …

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Retired Brazil soccer star Ronaldinho released in Paraguay

Ronaldinho will be able to return to Brazil immediately. Defence attorneys Tarek Tuma and Alcides Caceres said their clients will establish residence in Rio de Janeiro. Loading Ronaldinho, a world champion with Brazil in 2002 and a former star of Barcelona, Milan and Paris Saint-Germain, among other clubs, turned 40 …

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‘Where is the ruthless anger?’ Lloyd hits out at Bombers

“It’s a nice football club where everyone is just plodding along saying, ‘We’ve got some injuries, we’ve got this, it’s a transition and a new coach’. “Again, Essendon will finish 10th or 11th and miss another finals series and they haven’t won a final for 15 years. “The club, administration-wise, …

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Victoria records 148 new coronavirus cases, eight deaths

Victoria has recorded 148 new cases of coronavirus and another eight people have died of the virus in the past day. The figures come as Premier Daniel Andrews prepares to introduce a bill to extend the state of emergency in Parliament next week. The Premier took to Facebook and Twitter …

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Don’t believe the Northbridge hype: Why living in ‘Fear City’ doesn’t scare me

In it I reminisced about the “grotty little punks, circus freaks, musos, artists, students and mostly under-employed” cast of characters who became – and remain – my friends, and who Northbridge “embraced and nurtured”. I acknowledged that yes, parts of the suburb were ugly, and there were blocks that didn’t …

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Cold mornings could be ‘last burst’ of Queensland winter cool

“It’s not out of the question to see some cooler temperatures coming through in September as well,” she said. Brisbane city dropped to a low of 8.1 degrees while the mercury hit 6.7 degrees at the airport, with apparent temperatures of 6.4 degrees and 3.4 degrees just after 6am, weather …

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Untimely hip injury stops Priscilla Hon heading to the United States

“Also I haven’t made any money this year, apart from [at the] Aussie [Open]. There was always that factor [too].” But Hon was satisfied by the safety assurances given by Tennis Australia and the WTA that the COVID-19 medical safety and risk mitigation plan prepared by the United States Tennis …

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