Vittorio Hernandez

3391-3420 (out of 7523)

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

Australian Stock Market Report – Midday 9/9/13

Australian shares are a touch higher, with some better than forecast economic news out this morning assisting. The All Ordinaries Index (XAO) is up 0.4 per cent. The number of loan commitments by those buying, building or renovating properties jumped by a better than forecast 2.4 per cent in August. The number of job advertisements made by businesses in newspapers and online slid by 2 per cent, however Chinese inflation numbers were mostly as expected.

Chris Bowen Not Interested in Being ALP Leader

Treasurer Chris Bowen is not interested in serving as the leader of the Australian Labor Party (ALP), left vacant after outgoing Prime Minister Kevin Rudd quit from the post following the party's debacle in the Saturday federal election.

Australia’s Property Crash: Gold Coast Homes Selling at 50% Discount

It is a buyers' market in Australia's Gold Coast as property prices plummet up to 50 per cent since 2010, while median price is a third below Sydney's prices. Although property prices in Gold Coast went up 0.8 per cent in the past year through June, other large Australian cities logged an average of 3.8 per cent hike.

Facebook Bans Photo of State of Origin Streaker’s Backside (VIDEO & PHOTO)

Facebook sanctioned the British newspaper, Daily Telegraph, for publishing the photo of Mr Holmwood's streak showing the man's buttocks and using its image in the most popular social media. It blocked the image from Daily Telegraph's 65,000 followers and referred to its code on use of images, particularly nudity and pornography.

Australian Stock Market Report – Afternoon 9/6/13

Investor caution saw the local market close flat after being in the red for most of the session. Investors elected to stay out of equities ahead of the August non-farm payrolls report being released in the US tonight and tomorrow's Federal Election.

University of NSW Study Pushes for Renewable Energy Over Coal

It would make more economic sense for Australia to pursue renewable energy rather than continue the use of coal, despite the possible availability of carbon capture and storage technology, according to a study by the University of New South Wales.

Australian Stock Market Report – Afternoon 9/5/13

The Australian sharemarket slid for the second straight day, despite the best improvements in a month in the US last night. The All Ordinaries Index (XAO) fell by 0.4 per cent, with only the defensive healthcare sector, industrials and IT industries escaping the selloff.

Australian Stock Market Report – Midday 9/5/13

The Australian share market remains in the red on Thursday, despite predictions of a solid session. Overnight, Wall Street recorded its best gains in more than a month, rising 0.7 per cent and setting the SPI futures up for a 0.3 per cent gain locally.

New York Store Staff Gets Even With Boss from Hell

If Lenovo Chief Executive Officer Yan Yuanqing could be considered the ideal boss, having given this week his more than $3 million bonus to the tech firm's 10,000 workers, the opposite is true for the store manager of Journeys in Rochester, New York, whose staff resigned en masse by publicly leaving their open letter to him.

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