Vittorio Hernandez

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Vittorio Hernandez completed a degree in Economics and studied Public Administration, as well as Development Communication. He has been writing business and general news for various publications for decades now. He joined IBTimes Australia in September 2011. He may be reached at v.hernandez@ibtimes.com.au.

@vitthernandez ibtimesau

Global Markets Overview – January 6, 2015

2015 is barely three trading days old and already the two biggest themes that were predicted to affect the markets this year are making headlines - oversupply of commodities and the Eurozone.

Australian Stock Market Report – Afternoon January 5, 2015

Australian shares rose in the final 20 minutes of trade to end 0.3 per cent firmer in what was a choppy session. The ASX 200 Index was up by as much as 0.6 per cent at one stage today and was down by a little more than 0.1 per cent at its worst. Despite all holidays being behind us for major sharemarkets - volume is likely to remain light over the next fortnight.

Australian Stock Market Report – Midday January 5, 2015

Australian shares are improving at lunch despite a softer start. The ASX 200 Index is up by 0.3 per cent after a 0.8 per cent slump on the open. An air of normality is returning to markets this week following a fortnight of patchy trade due to holidays. Volume however is likely to remain quiet with investors still remaining in holiday mode for the first few weeks of a new year.

Dad Of Virginia Roberts Claims Prince Andrew Introduced Her To The Queen

The ongoing controversy involving Prince Andrew, billionaire Jeffrey Epstein and Virginia Roberts is turning out to be a "he said" and "she said" story. Now, a third voice has been added with Virginia's father, Sky Roberts giving his version of the story. Although Roberts admits not having talked to his daughter the past three months nor hearing anything from her about sex with Epstein, the Duke of York or other people the months prior, he insisted that Virginia was introduced by ...

Auspicious Start In 2015 For Australian Iron Ore Miners As Price Of Commodity Slightly Rises To $71.26/Tonne

On the first trading day of 2015, price of iron ore registered a slight increase to $71.26 per tonne on the spot market, up from $66.84 before Christmas. The improvement could be seen as an auspicious start for Australian iron ore miners who suffered a significant dip in income due to price of the key-steelmaking ingredient hitting a five-year low in 2014 because of the low demand in China and glut in supply.

Global Markets Overview – January 5, 2015

Activity will slowly start to pick up again this week with market participants making their way back to trading after a break. China and Japan return to trade after having been on New Year's related breaks for most of last week. Attention is likely to be on Europe for the next few weeks as investors digest the developments from Greece and what this means for the euro. Comments made by Greek Prime Minister Samaras suggesting the country's euro membership is on edge heading into the January ...

Australian Stock Market Report – Afternoon January 2, 2015

The local sharemarket has recovered early losses to finish the first session of the New Year in positive territory. The All Ords (XAO) finished up 26 points or 0.5 percent to 5,415, while the ASX 200 (XJO) improved by 25 points or 0.5 percent to 5,435.

Australian Stock Market Report – Midday December 31, 2014

Australian shares are flat in what has been a volatile but quiet week for local stocks. The ASX 200 is up just 2pts at lunch, slumped by 1 per cent yesterday and surged by 1.5 per cent on Monday. It has been half as busy as usual so far this week - with investors in holiday mode. Today is likely to be an uneventful session for the Australian market as the ASX will be closing at 14:10pm AEDT (two hours earlier than usual).

Macadamia Nut Rage Executive Arrested, Sent To Prison

Authorities arrested and sent to jail on Tuesday Cho Hyun-Ah, the Korean Air vice president whose rage over being served macadamia nuts in a plastic bag instead of on a plate delayed the plane's departure and arrival.

Global Markets Overview – December 31, 2014

Global markets are set to finish the year with a bit of downside on the back of resurfacing Greece concerns. Some analysts feel another Greek political debacle will make it harder for ECB President Mario Draghi to pursue his grand plan of sovereign bond purchases given opposition from other northern nations such as Germany. There will be little event risk to look out for across the region today with some key markets like Japan already closed for New Year's related holidays. Perhaps China's...

Islamic State Schools Teach Kids How To Chop Heads (WARNING: VERY GRAPHIC VIDEO)

After the Islamic State seized large parts of Syria and Iraq, the militant group took over the secular education system and left families with no choice except to send their children to IS religious schools or have no education at all. Among the lessons taught at such schools is how to behead captives, reports the Wall Street Journal.

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