Vittorio Hernandez

6751-6780 (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 - Afternoon 1/10/2012

Following on from an uneventful session yesterday, the Australian sharemarket rose by 1.1 pct or 45.1 pts to 4206.6 today. The defensive healthcare sector was the lone sector to lose ground for part of the session only for it to improve in the second half of the session with all other sectors.

Qantas Leads List of Top 10 PR Disasters in Australia for 2011

The year 2011 will go down in Qantas's history as one of its worst. It was the year that saw the air carrier hit by several strikes from pilots, ground crew and aircraft engineers. As a result, Qantas Chief Executive Alan Joyce unilaterally grounded the air carrier's fleet for two days, causing major disruption in travel plan of Qantas passengers.

Australia Honey Bee Producers Fight Off Asian Competition

The Department of Agriculture, Fisheries and Forestry (DAFF) killed last week about 300 Asian honey bees found on a cargo ship in Townsville, which came from Port Moresby. The operation was made after DAFF biosecurity officers inspected shipping containers and the vessel which subsequently led to the extermination of the bees.

The Ascent of Ginia Rinehart to the Family Business Empire

Ginia Rinehart is probably the 2010 decade's new icon of wealth, comparable to what Christina Onassis was in the 1970s and 1980s. At age 25, Ms Rinehart is set to become the sole heir of the richest person in Australia with $10 billion to her name. However, it would not come easily because of court cases from her siblings who are locked in a legal battle with their mother, Gina Rinehart.

Australian Stock Market Report - Midday 1/10/2012

The Australian sharemarket is gaining for the first time this week following yesterday's flat start to trade. The All Ordinaries index (XAO) is up 0.9 pct or 36.2 pts to 4197.7 despite the lack of a decisive lead from global markets overnight. Shares in the U.S ended higher this morning while European equities (shares) finished mostly lower.

More Aussie Retailers Join Online Bandwagon

More Australian retailers are set to join in 2012 the online bandwagon. The shift to e-commerce over traditional bricks-and-mortar stores confirms the truth behind the cliché - If you can't beat them, join them.

Australian Stock Market Report - Afternoon 1/9/2012

The Australian sharemarket was quite indecisive today with shares starting off in the black, only to remain in the red for most of the session and finish the day a little lower. The All Ordinaries index (XAO) fell 0.1 pct or 3 pts to 4161.5.

Global Discontent With the Carbon Tax Grows

Amid a plan by China to start collecting a $1.55 per tonne carbon tax, the measure is becoming more unpopular in countries and regions where it has been imposed or would soon be collected.

Job Prospects still High with Australia’s Booming Mining Sector

Despite the threat of another global contraction due to the European debt crisis, employment prospects in Australia's mining industry continue to be high. To address the manpower shortage in the booming sector, employers have become creative in attracting the best talents from other industries.

Australian Stock Market Report - Midday 1/9/2012

The Australian sharemarket has been unable to make up its mind this morning with shares gaining in the first hour of trade only to track lower at lunch. The All Ordinaries index (XAO) is currently down 0.3 pct or 10.6 pts to 4153.9. Almost all sectors are weaker with the industrials the biggest losers so far.

Restiveness Spreads in Australia’s Port Unions

Amid Australia's resources boom which led to higher export activities, the workers in the country's seaports are becoming more restive as evidenced by increased strikes toward the end of 2011 and another round of industrial actions at the start of 2012.

Australian Stock Market Report - Afternoon 1/6/2012

It certainly has been a volatile week for the Australian sharemarket. We kicked off the year in positive fashion with shares improving for two consecutive sessions. The All Ordinaries index (XAO) rose by 1.07 pct on Tuesday (the first trading day of the week) followed by a 2.03 pct improvement on Wednesday. The situation went a little pear shaped in the later part of the week though with the XAO slumping by 1.01 pct on Thursday. Shares today dropped by 0.8 pct or 32.1 pts to 4164.5.

Samsung Galaxy S3 Speculations

In 2011, Samsung released powerful smartphones designed for different users and for different purposes. For 2012, there are speculations that the successor of Galaxy S2 will be released - the Galaxy S3. It is expected to be far more superior and powerful than all of its Galaxy relatives especially against the Nexus.

Australian Stock Market Report - Midday 1/6/2012

The Australian sharemarket has been flirting with both positive and negative territory for much of the morning but has spent most of its time in the red. The All Ordinaries index (XAO) is down 0.5 pct or 22.8 pts to 4173.8.

Australian Stock Market Report - Afternoon 1/5/2012

The Australian sharemarket gave back part of its weekly gains today with all sectors ending the session in the red. The All Ordinaries index (XAO) slumped by 1 pct or 42.9 pts to 4196.6. It is important to remember however that shares rose by over 3 pct over the first two trading days of the week (Tuesday and Wednesday).

Weaner Steer Prices Hit $895 at Open of Annual Selling Season

Prices of weaner steers reached $895 and weaner heifers $870 on Wednesday at the opening of the Wodonga yearly weaner and grown steer sale. The prices of steers were at 305 cents per kilogramme and 256 cents for heifers due to the strong demand from northern and Victorian buyers.

Tiger Airways Eyes Avalon Airport as Second Hub

Tiger Airways Australia is eyeing Avalon Airport as its second hub because of the strong performance of the budget air carrier in 2011. In the seven-month period March 27 through Oct 31, Tiger added 380,000 seats to its four current routes.

Australian Stock Market Report - Midday 1/5/2012

Yesterday, The Australian share market managed to improve for the second consecutive day with the All Ordinaries index (XAO) up 2.2 pct or 90.6 pts to 4245.8. But, overnight bank debt concerns in Europe, weak industrial metal prices and low trading in the U.S. held markets back. Causing the Australian markets to open lower, down 30 points.

Pages