Vittorio Hernandez

3451-3480 (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

Some Profit at Last for Qantas

Australian flag carrier Qantas is slowly beginning to turnaround financially as the air carrier logged $6 million full-year net profits, its first after it suffered from its first loss since the company was privatised.

Australian Stock Market Report – Afternoon 8/29/13

The Australian sharemarket rose modestly today, with concerns relating to Syria put on the backburner briefly. The All Ordinaries Index (XAO) edged higher by 0.1 per cent, with the underperforming (yesterday) mining & energy stocks leading the improvements.

Australian Stock Market Report – Afternoon 8/28/13

Australian shares finished firmly lower at the close, with the All Ordinaries Index (XAO) slipping by 1 per cent. The losses within the mining sector worsened throughout the afternoon, with the S&P/ASX200 Materials Index falling by 2.1 per cent.

Australian Stock Market Report – Midday 8/28/13

After doing little on Monday and Tuesday, the local market is recording its biggest daily slump since 7 August. The most significant driver is the tension in Syria. The potential for a US led military strike has been pushing gold and oil prices higher, while equities have been punished.

Australian Stock Market Report – Afternoon 8/27/13

The All Ordinaries Index (XAO) eased modestly after a slightly improvement on Monday. The 5100pt mark remains key for the ASX200; a level we've traded above for three straight sessions. The Australian market hasn't traded above the 5100 in a decisive manner however since June 2008. Weakness from the mining, energy, industrials and telcos kept the market a touch lower. Improvements from three of the four major banks helped to limit the losses; however wasn't enough to push the broader XA...

Australian Stock Market Report – Midday 8/27/13

The Australian share market is only slightly weaker in the early session despite falls on Wall Street overnight on Syria concerns. US Secretary of State John Kerry blasted Syria for its use of chemical weapons, sending the Dow Jones Index into free-fall in the afternoon session. European shares were mixed in thin trade on Monday with the UK markets shut for the bank holiday.

Would You Buy BlackBerry’s Q10 Gold Edition at $1,000?

Despite the weak sales of its Q10 and Z10 smartphones, Canadian tech firm BlackBerry is joining the gold club by releasing gold and white special editions of its Q10. The unit will be available in the United Arab Emirates in late August for $1,035.

Caltex Australia Logs 13% Dip in First Half Profit

Caltex Australia reported on Tuesday a 13 per cent drop in first half profit due to the sharp decline of the Australian dollar, while fuel sales also suffered because of production outages at a Brisbane refinery and damage to a Sydney pipeline.

Fork Finally Removed from 70-Year-Old Aussie Man’s Penis

The 4-inch fork that was lodged into the urethra of a 70-year-old Australian finally had been removed. It took a team of three doctors 12 hours to retrieve the utensil. Fortunately for the senior, he suffered no long-term damage and was send home after the procedure.

Australian Stock Market Report – Midday 8/26/13

The Australian sharemarket has been modestly higher this morning, with the All Ordinaries Index (XAO) up 0.1 per cent at lunch. The XAO is trading above the 5100.0pt mark once again; something which has only happened a handful of times over the past two months.

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