Sharon Olalia

Cameron Diaz, who has dated a string of Hollywood hunks throughout her career, gets "freaked out" by commitment.

Further hikes in interest rates are expected as Australia's export prices hit a record increase last quarter fuelled by Asian demand for iron ore and coal.

Babcock & Brown was submerged in debt during its collapse, according to Michael Larkin in the fourth day of hearings in the Federal Court in Sydney.

Dissidents exposed to the downfall of Australian financial services firm Sonray Capital intend to raise a class action against administrator Ferrier Hodgson in an effort to claw back their accounts.

Mel Gibson, who has been accused of domestic violence against ex-lover Oksana Grigorieva, was interviewed by child protection services on Wednesday.

Sandra Bullock, who recently divorced Jesse James after he cheated on her with a string of different women, is planning to get back with her ex-husband.

Australian food and retail franchise owner and operator Allied Brands (ASX: ABQ) has lowered profit guidance for the second time in six weeks due to larger write-downs.

Many of National Australia Bank's customers have been slapped with bigger monthly payments after one of the nation's major financial institutions incorrectly computed repayments for some variable and tracker-style mortgages.

Chief executive Andrew Penn of Australasian wealth manager Axa Asia Pacific Holdings (ASX: AXA) has put on a bold front amid his company's weak results.

Australia's economy will deteriorate and inflation rise if the admission of skilled migrants is not maintained at least at its current level, according to some of the nation's most prominent business figures.

Analysts have downgraded production forecasts, following global miner BHP Billiton's (ASX: BHP) fear that the Gulf of Mexico disaster will destroy the petrol growth prospects this year.

The Australian currency opened nearly two US cents stronger, bolstered by positive investor sentiment following comments from the central bank and the US Federal Reserve earlier in the week.

The Australian share market is forecast to open higher, after a positive end on Wall Street and stronger commodities prices during the offshore session.

Jennifer Love Hewitt was reportedly snubbed by Taylor Lautner, who plays Jacob in the Twilight franchise.

Simon Cowell, who got engaged to Mezhgan Hussainy in February, is ready for babies, according to sources.

Kristen Stewart, who has been rumored to be dating Robert Pattinson since they started working together on the Twilight Saga, can make her British leading man "uncomfortable".

Lindsay Lohan, who is to serve 90 days in prison for DUI probation violation, was cheered by inmates on the first day of her sentence.

Katie Holmes who has a daughter Suri, four, with actor husband Tom Cruise, is motivated by her loved ones.

Bruce Willis, who married lingerie model Emma Heming in March 2009, says he is the "happiest he has ever been".

Australian beer and wine maker Foster's Group Ltd (ASX:FGL) was forced to issue a clarifying note to the market after its internal earnings target was unintentionally revealed today.

Australia-based oil and gas explorer and producer Petsec Energy Ltd (ASX:PSA) has cut down its 2010 production and revenue projections to 4.0 Bcfe (billions of cubic feet equivalent) and $US28 million ($31.94 million) respectively.

Australian gold producers Bendigo Mining (ASX:BDG) and BCD Resources (ASX:BCD) have entered into a scheme implementation arrangement to merge the companies into a larger mining business.

Australia's largest gold mining company Newcrest Mining Ltd (ASX:NCM) has reported a 26 per cent lift in gold production in the June quarter, boosted by record output at its Telfer and Gosowong sites.

Workers for Australian telecommunications and media company Telstra (ASX:TLS, NZX:TLS) will have little sympathy for their discharged colleagues, says the union representing many of the telco's employees.

Australia's average superannuation fund generated a profit of 10.4 per cent for the year to June, the first gain in three years.

A few shareholders vented their frustration with the Westpac Office Trust's (ASX:WOT) disappointing performance, while a massive majority gave the nod at a unitholder special meeting called in Sydney yesterday to vote on Mirvac Group's (ASX:MGR) $1.2 billion takeover of the trust.

Facebook announced on its official blog that the number of people using the social-networking site had reached 500 million. The figures mean one in every 14 people on the planet has now signed up to the online community.

The Australian stock market is forecast to open lower, after major indices on Wall Street shed more than 1 per cent and the benchmark crude oil contract plunged below $US77 a barrel on the US Federal Reserve's dull outlook for the American economy.

The Australian dollar opened lower, after the US Federal Reserve confirmed fears that the US economy has weakened.