Australian stocks follow Wall Street down
Submitted by Anna Tomova on Thu, 11/20/2008 - 08:35.Sydney - Steep falls on Wall Street and fears of an impending recession at home dragged Australian stocks down Tuesday.
Movie critics give two cheers for Luhrmann's Australia
Submitted by Anna Tomova on Wed, 11/19/2008 - 05:22.
Sydney - Neither masterpiece nor mess, filmmaker Baz Luhrmann's new cinematic epic Australia climbs above mediocrity through its cavalcade of local talent and the spectacular scenery of the Outback, critics said Wednesday.
Nanny state: Australia bails out child care provider
Submitted by Marina Dimova on Fri, 11/07/2008 - 09:03.
Australia's failed ABC Learning Centres Ltd on Friday got a big cash injection from the government to keep its 1,100 child care outlets open until they can be sold to rival operators.
Australian stocks sink 2.3 per cent on Wall Street worries
Submitted by Marina Dimova on Fri, 11/07/2008 - 08:31.A fall on Wall Street undermined Australian stocks Friday, taking the bellwether index down 2.3 per cent.
The ASX 200 gave up 98 points to finish the session at 4,149.
Australian stocks pounded by Wall Street hammer
Submitted by Marina Dimova on Thu, 11/06/2008 - 09:00.A big fall on Wall Street saw Australian stocks droop on the opening bell Thursday.
Australia cops respond to fake gun fight film set
Submitted by Marina Dimova on Thu, 11/06/2008 - 08:53.Four Australian filmmakers faced a court appearance Thursday after they forgot to tell police that they were shooting a gunfight scene in a Melbourne street.
Giant Australian child-care provider collapses under debt
Submitted by Marina Dimova on Thu, 11/06/2008 - 08:41.Australia's cash-strapped ABC Learning Centres Ltd called in the receivers Thursday after banks it owed 1.3 billion Australian dollars (910 million US dollars) called in their loans.
Australians roast Obama victory
Submitted by Marina Dimova on Wed, 11/05/2008 - 09:18.There's an Obama blend at Campos Coffee in the hip Sydney suburb of Newtown, and on Wednesday, proprietor Will Young and his baristas were serving little else.


London - Aero-engine maker Rolls-Royce said Thursday it would cut up to 2,000 jobs worldwide as a result of the current economic "uncertainties."
Washington - Buying a new computer usually involves comparing models. Comparisons are more difficult than they used to be, as the number of choices has grown and manufacturers have started marketing computers with specific uses in mind.
Indian authorities have issued a birth certificate to a Japanese baby born to an Indian surrogate mother, easing the way for her Japanese father to take her home, news reports said Saturday.