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Australia erases a little local colour

Australia erases a little local colourSydney  - Visitors to Sydney have often been puzzled by its No Standing signs. Melbourne does not have them and neither do other Australian state capitals, and they are unknown abroad.

Yet, there are over 100,000 of them and time is running out. From December 1, all will have been replaced by No Stopping or No Parking signs that leave motorists in doubt as to what is required of them.

Even local officials are glad to see the back of No Standing.

‘Fashion’ – Madhur’s costliest film, a stupendous success

Madhur Bhandarkar's FashionThe success of 'Fashion' is raking in moolah, and the film's director, Madhur Bhandarkar is celebrating it in a big way! Recently, UTV Motion Pictures and Bhandarkar Entertainment held a grand party, in which the entire 'Fashion' team, prominent Bollywood celebrities, film directors and producers marked their enthusiastic presence.

'Fashion' unfolded many surprises by showcasing the glitz and glamour of the ramp along with the backbiting and superficiality of the green room.

Patent suit against Samsung could block sale of iPods

iPodsSan Francisco - Silicon Valley company Spansion sued Samsung on Monday alleging that the South Korean company had violated numerous patents in its flash memory products and asking the courts to ban the sale of devices like the Apple iPod that use Samsung memory modules.

Tokyo stocks open lower on Wall Street's overnight losses

Tokyo stocks open lower on Wall Street's overnight lossesTokyo - Stocks opened lower Tuesday in Tokyo as overnight losses on Wall Street spurred concerns over the world recession.

The Nikkei 225 Stock Average fell 82.17 points, or 0.96 per cent, to 8,440.41.

The broader Topix index of all first-section issues was also down 2.23 points, or 0.26 per cent, to 848.26.

On currency markets at 9 am (0000 GMT), the dollar was quoted at 96.42-47 yen, down from Monday's 5 pm quote of 97.10-12 yen.

Yahoo co-founder, chief Yang to step down

Yahoo co-founder, chief Yang to step downSan Francisco  - Jerry Yang, who helped kick start the internet revolution as co-founder of web portal Yahoo, is stepping down as the company's chief executive.

The announcement by the ailing internet giant came after months of falling revenue, fierce proxy battles and a series of botched negotiations that scuttled what now seems to have been an exceedingly generous buyout offer from Microsoft.

Yahoo said that the search for a successor had already started and that Yang will leave after his replacement is found.

Baby boom reported in New Zealand

Baby boom reported in New ZealandWellington  - New Zealand is experiencing a baby boom with a birth rate of 2.2 babies per woman in the 12 months ending September 30, the highest level of fertility for 17 years, according to official figures released Tuesday.

A total of 64,540 babies were born in the 12 months, the biggest number in a September year since 1962, when the population was 2.5 million, Statistics New Zealand reported.

With a population of 4.3 million today, the current birth rate is about half the peak of 4.3 births per woman recorded in 1961.

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