Vittorio Hernandez

1351-1380 (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

Boxing News 2014: Another Mayweather Douses Cold Water on Pacman-Money May Bout

Another Mayweather is dousing cold water on the so-called dream match between Manny Pacquiao and Floyd Mayweather Jr. Jeff Mayweather, another uncle of Money May, thinks there is little chance that the bout would ever take place despite renewed interest after an Arab prince promised to make the match happen in Dubai in 2015.

Australian Stock Market Report –Afternoon July 7, 2014

It was an uneventful start to the trading week, with the Australian market closing largely flat. The All Ordinaries index (XAO) eased by just 0.1 per cent or 5.5pts while still remaining above the key 5500pt level. The Independence Day holiday in the U.S. on Friday and the subsequent closure of American markets provided local stocks no lead today.

Australian Stock Market Report – Midday July 7, 2014

The Australian sharemarket is off to a quiet start following a holiday in the U.S on Friday. The All Ordinaries Index (XAO) is down by just a few points with weakness from the miners, energy stocks, industrials and healthcare sector the biggest drags.

Global Markets Overview – July 7, 2014

With US markets having been closed on Friday, there are very limited leads for the region to work off this morning. Risk currencies have gotten off to a relatively flat start to the week, which is a firm indicator that nothing much has changed sentiment-wise as of Friday. Perhaps something to focus on is the weakness we saw in European trade after a disappointing German factory orders reading. This saw the major European bourses lose ground, apart from the FTSE which was relatively flat for the ...

Pope Francis to Meet Sex Abuse Victims of Paedophile Priests for the 1st Time; Compares Abuse to a Satanic Mass

Pope Francis will make history again on Monday, July 7, by being the first head of the Roman Catholic Church to meet with sex victims of paedophile priests. The move represents a big leap forward for the church which had been accused in the past of covering up the sex abuse cases involving clergy by moving those accused to other parishes or dioceses and not cooperating with authorities.

Australian Stock Market Report – Afternoon July 4, 2014

The local sharemarket has just had its best week in four and a half months, with the All Ordinaries index (XAO) rising by approximately 1.5 per cent over the past five days. Better than expected employment growth in the U.S. gave local investors an additional push forward today.

Manhattan Real Estate Sales Are on the Rise

The Manhattan spring market posted very activities and generated more sales compared to the same period last year, brokerage firms reported. Douglas Ellman Real Estate said although inventory has been rising since reaching an unprecedented low at the end of 2013, the supply of apartments for sale still remains unusually low.

Australian Stock Market Report – Midday July 4, 2014

The Australian sharemarket is rising for the third straight day thanks to better than expected economic news last night. The All Ordinaries Index (XAO) is up 0.6 per cent, is trading above 5500pts for the first time in a month and almost all sectors are higher. If the market can hold onto the gains for the remainder of the session, this is set to be the best week in 4.5 month for local shares.

Global Markets Overview – July 4, 2014

US equities extended gains on the back of a monster jobs report which essentially reassured investors that the US economy is on track for a Q2 bounce. This saw the S&P close at an all-time high for the 25th time this year. The non-farm employment change reading for June showed a whopping 288,000 jobs added while the unemployment rate dropped to 6.1%. Both readings smashed expectations and this helped push the US dollar higher across the board. Additionally there were also upward revisions for Ap...

Australian Stock Market Report – Morning July 4, 2014

In US economic data, non-farm payrolls lifted by 288,000 in June. The unemployment rate fell from 6.3% to 6.1% - the lowest level since September 2008. Data for April and May was revised to show a total of 29,000 more jobs than previously reported. The service sector drove the job gains while manufacturing and construction jobs also recorded a healthy lift. Over the first half of 2014 jobs growth has now averaged 231,000 jobs per month, the best start to a calendar year since 2006.

Australian Stock Market Report – Midday July 3, 2014

The Australian sharemarket is having its best week in two months with shares rising for the second day. The All Ordinaries Index (XAO) is up 0.7 per cent or 37pts to 5477.8. U.S markets ended modestly higher overnight with a better than expected report on private sector employment in North America helping.

Global Markets Overview – July 3, 2014

It was a busy night on the US economic calendar with the ADP jobs report and comments from Fed chair Janet Yellen hitting the wires. The ADP non-farm employment change came in at a much-better-than-expected 281,000, smashing estimates of 207,000. This saw expectations ramp up as we head into the official non-farm payrolls reading later today. With the July 4thIndependence day holiday on Friday, the data is being released on Thursday instead of the traditional Friday. The market is expecting to s...

Australian Stock Market Report – Morning July 3, 2014

Federal Reserve Chair Yellen delivered a speech at an IMF conference in Washington. She believes that raising interest rates to fight asset bubbles would be a bad idea, instead she argued better regulation would mitigate financial risk.

Only 13% of Aussies Trust Political Parties

Similar to the situation in many countries, political parties and politicians are the least liked institutions in Australia. Only 13 per cent of Aussies trust the political parties, while the most trusted institution is the High Court,

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