Vittorio Hernandez

3991-4020 (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

NSW Premier May Sack Drunkard Finance Minister Over Travel Expenses

New South Wales Premier Barry O'Farrell will likely fire state Finance Minister Greg Pearce over suspicions he has been using public funds for his private travel. The threat came after Mr O'Farrell warned Mr Pearce of his drunk behaviour in the state parliament last week.

Australian Stock Market Report – Afternoon 6/5/13

The Australian share market was sharply sold off during Wednesday's trade as economic growth figures missed expectations and as Japanese stocks shed almost four per cent on Prime Minister Abe's growth strategy.

Australian Stock Market Report – Midday 6/5/13

The Australian market is slumping for the second time this week, with the All Ordinaries Index (XAO) down 1.00 per cent. Local shares are currently at their lowest levels since mid-January, pushed lower by a disappointing growth reading just before lunch. Comments by another Federal Reserve official overnight supporting a slowing in stimulus kept US investors on edge. Many market participants are remaining pensive ahead of the monthly non-farm payrolls out this Friday (US jobs report).

U.S. ITC Bans Import of 4 Apple Devices for AT&T Due to Violation of Samsung Patent

Cupertino-based tech giant Apple is on a losing streak with its ongoing court cases against South Korean rival Samsung. A few days after The Netherlands Supreme Court rejected Apple's bid to ban the sale of the Samsung Galaxy Tab 10.1, the U.S. International Trade Commission (ITC) declared that the company violated the patent of Samsung which will cause the importation ban on four Apple products for AT&T.

Myer Web Site Crashes on Eve of Mid-Year Sale

In a repeat of the first Click Frenzy incident, the Web site of Australian retail giant Myer crashed on Tuesday evening due to the heavy volume of logins. The crash happened 30 minutes after the online launch of its mid-year sale.

Australian Stock Market Report – Afternoon 6/4/13

Having fallen by more than 6% in recent weeks, the selling that has defined the period dried up on Tuesday and the ASX200 finished with a gain. The durability of the improvement remains the main question as we move towards the blue ribband event of the week, the US Non-Farm Payroll Report due on Friday.

Croc Attacks on the Rise in Australia Due to 1971 Hunting Ban (VIDEOS)

Crocodile attacks in Australia are on the rise, especially in the northern part of the country where an estimated 130,000 saltwater crocs are freely roaming and snapping, biting and eating animals and humans. The rise in population of croc is attributed to the hunting ban that wildlife authorities enforced in the early 1970s.

Australian Stock Market Report – Afternoon 6/3/13

Sellers continued to make their presence felt in local trade on Monday ahead of a big week of economic news. The US will hold investor focus globally this week with several tier one data releases anticipated. The week will culminate with the main gauge of US employment, the Non-Farm Payroll report. Locally the menu is lighter by comparison although the RBA decision on Tuesday and the National Accounts data (GDP) on Wednesday will each have a significant bearing on investor sentiment.

Australian Stock Market Report – Midday 6/3/13

The Australian sharemarket has kicked off the session in the red, following a tough end to the week in global markets. The ASX 200 Index (XJO) is down 0.1 per cent; however things could have been worse following a 1.3 per cent slump across the US on Friday.

Apple About to Lose Tablet Market Crown Due to Chinese Demand for Android Tablets

Apple is in danger of losing its hold on the tablet market, a study by ABI Research said on Thursday. Although the study did not place a definite timetable when would the 50 per cent market share of the Cupertino-based tech firm in the first quarter of 2013 lose its crown, it attributes the threat to the growing acceptance of Android tablets in China.

Motorola Working on Digital Tattoos, Password Pill

Besides releasing in October 2013 the Moto X smartphone, Motorola Mobility's first handset since it was acquired by Google, the company is working on new methods that would make remembering passwords unnecessary.

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