Australia

Australian shares get Wall Street lift

Australia Stock MarketSydney - Australian shares soared Wednesday at the opening bell in the wake of a big rise on Wall Street.

The ASX200 put on 163 points, or 3.5 per cent, to reach 4,762 in the first 30 minutes of trading.

Analysts predicted continued turbulence - the index lost 4.2 per cent Tuesday - until a financial bailout package passes the US Congress.

An indication of the uncertainty - and the effect of the market turbulence on the real economy - was the postponement of plans to build a new terminal at Canberra airport.

Australians bet on Barack Obama to win

Barack ObamaSydney - An Australian on Tuesday bet 50,000 Australian dollar

Australian founder exits as ABC child care flounders

Sydney - Eddy Groves, who founded Australia's troubled ABC Learning Centres Ltd 20 years ago, left the world's biggest child minding company Tuesday.

Earlier this year margin calls forced Groves and his wife, Le Neve, to sell almost all of their shares. They announced they would be leaving all board and management positions.

The biggest shareholder in the company, which has operations in Australia, New Zealand, Britain and the US, is Singaporean sovereign wealth fund Temasek Holdings.

The stock was placed in a trading halt in August. It has delayed announcing its results until accounting procedures are clarified.

An Eye Ailment With No Diagnosis

It is difficult enough to stand in a dark room for a few seconds but 3 days in the dark is an unimaginative situation. An Australian woman is suffering from a peculiar problem of temporary blindness. 21 year old; Natalie Adler is unable to open her eyes continuously for three days and is not able to shut them the following three days. 

Doctors believe that she may be the only person in the world to be suffering from such a problem.

Natalie is persistently having such a problem since she was 17 years old. She reminisces one Sunday she woke up with swollen eyes before an English exam, after which her eyes started showing instability. The doctors gave her Botox injections around her eyes to enable her to see for 5to6 days a week. 

Australian stocks slide on US rescue delay

Australian Stock MarketSydney - Australian stocks sli

80pc travellers think allowing mobiles on planes is ‘crazy’

Melbourne, Sept 29 : A new survey has revealed that four in five travellers believe that if mobile phones were allowed to function on planes, it would drive them ‘crazy’.

Surveyors from the website totaltravel. com asked 1490 people over four weeks whether mobile phone usage should be allowed on aircraft.

They said that over 80 percent of the respondents answered negatively, reports news. com. au.

According to them, the respondents said that if they had to listen to fellow passengers talk on their mobile phone for hours, it would irritate them to no ends.

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