IBT Staff Reporter

Researchers led by a University of Florida psychologist have found in a study that acetaminophen, an ingredient of painkillers, can relieve not only physical pain but hurt feelings.

As many as hundreds of WA patients who had received treatments from a number of regional hospitals in Northwest of WA breathe a sigh of relief as they have been cleared of any serious infections including HIV and hepatitis following the breach of infection control measures by an anaesthetist.

A breathing instrument for treating asthma that had suppressed appetite and reduced weight of patients is now being marketed as a weight-loss device.

Results indicate substantial loss of fibre mass, force and power in the muscles group translating into a 40 percent reduction in the capacity of an astronaut to do physical work.

A study tracking the development of more than 300 Mexican American children living in the farming region of Salinas Valley has provided another disturbing proof linking exposure to a pesticide - widely used in Australian agriculture - to rising cases of child Attention Deficit Hyperactivity Disorder (ADHD).

A new approach to producing stem cells from human skin called induced pluripotent stem (iPS) cells, without the risk of introducing bothersome foreign DNA has been found by scientists at the University of NSW.

An international team of scientists is close to developing a prototype of a lung scanner that will not expose newborns to radiation and eliminate the need to transfer critically ill infants to a hospital for scanning.

A U.S. study has found that women who drink five or more non-light beers a week have higher risk of acquiring psoriasis, a disfiguring skin disease.

Instead of the typical ab exercise routines that we see so often with crunches, situps, leg lifts, etc... I like to give my readers better options for metabolism-boosting high intensity workouts that work their entire body while also working their abs.

You've been told for decades that saturated fat will kill you. Even medical and health professionals have believed this was a fact

The Australian Dollar endured a lack lustre session during Asian time yesterday with the little battler limited to a 35 pip range.

The Australian Dollar has opened lower this morning, falling back through USD0.8950 overnight following some disappointing US data releases.

A mental health crisis has hit regional South Australia as hundreds of patients had to be flown to Adelaide for treatment due to the lack of full-time psychiatrists in the state's regional public hospitals.

Parents are complaining that children and teachers at a Mt. Pleasant primary school had been exposed to asbestos fibre for two weeks before diggings at the school were stopped when a mother noticed the deadly substance in the soil.

The frail U.S. economy was dealt fresh setbacks as new U.S. jobless claims scaled a nine-month high last week and Mid-Atlantic factory activity contracted in August for the first time in more than a year.

As mortgage delinquencies climb near historic highs, Wall Street is finding new ways to make hay with the assets.

U.S. mortgage rates fell in the past week to the latest in a series of record lows amid concerns about the state of the U.S. economy, according to a survey released on Thursday by Freddie Mac, the second-largest U.S. mortgage finance company.

Homeowners were less confident about the value of their homes in the second quarter, with one-third believing home prices had not yet reached a bottom, real estate website Zillow.com said on Thursday.

More than a quarter of Americans currently renting houses and apartments have no intention to ever buy a home, according to a survey published on Wednesday.

For local governments in the United States, the housing crisis is far from over.

General Motors Co took a big step toward repaying a controversial taxpayer-funded bailout by declaring plans for a landmark stock offering that represents a critical test for the Obama administration.

Sterling interbank borrowing costs slid for the ninth successive session on Thursday, tracking falls in dollar and euro fund costs, as lenders took the view that the Bank of England will keep policy rates low. Three-month funds edged lower GBP3MFSR= to 0.72688 percent from 0.72744 percent the previous day.

Gold prices rose to a seven-week high at $1,234.55 an ounce on Thursday after data showed new U.S. claims for unemployment benefits unexpectedly hit a nine-month high last week, pressuring the dollar.

Oil rose toward $76 on Thursday, boosted by a rally in equity markets in Asia and Europe on expectations of strong economic growth in China and Germany. Shares in Hong Kong and Shanghai climbed, with resources companies outperforming the broader market as news of mega-mergers also whetted risk appetite in the sector.

ETF Securities said ETFS Physical Swiss Gold Shares had a record day's trading volume on August 11 of 1.74 million shares, or $208 million. This represents the greatest one-day volume since its first US trading day on September 9, 2009.

Oil prices remained highly volatile in Asian trade Thursday as strong dollar and US crude inventories offset equity gains in the region. Light sweet crude for September delivery was seen trading at $75.54 a barrel at 12.00 noon Singapore while Brent crude was at $76.31 a barrel in London.

Russian grain imports are likely to soar after the country's worst drought in more than a century damaged its harvest and forced it to ban exports, analysts said on Thursday. Analysts estimate that Russia, usually a major grain exporter, may have to import 1.5-2.2 million tonnes this year after the worst drought in more than a century damaged its harvest, but a report in Vedomosti daily said Russia could import at least 5 million tonnes of grain this year.

Gold prices rose toward $1,230 an ounce in Europe on Thursday, close to the previous session's near seven-week high, as concerns over the outlook for economic growth supported investment demand for the precious metal.

Oil rose to over $76 on Thursday, boosted by a rally in Asian equities as investors focused on the prospects for accelerating Chinese demand for natural resources. U.S. September crude climbed 19 cents to $75.61 a barrel at 0822 GMT (4:22 a.m. EDT), having earlier risen as high as $76.08. ICE Brent rose 35 cents to $76.82.