Vodafone to cut up to 500 jobs

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woow, this is your Australian Business update for Monday, 29 October 2012
	Vodafone to cut up to 500 jobs Mitchell Bingemann VODAFONE has kicked off a major restructure and announced "significant" job cuts to transform the ailing telco.   Barclays banks on Jay-Z, ball David Robertson A BRITISH bank, a Russian oligarch and an American rapper have formed an unusual partnership that will open for business.   Wall St to shut, firms batten down Matt Jarzemsky and Matthias Rieker US stock and options markets will close Monday due to Hurricane Sandy, leading banks and other firms to close offices.   Great Southern a tale of 'greed' James Frost ONE of the largest group proceedings has kicked off in the Victorian Supreme Court over the collapse of Great Southern.   Bendigo playing a long game BENDIGO and Adelaide Bank says it is taking a long-term approach to growth, even if it means short-term pain for shareholders.   Industry leaders support reforms GLENDA KORPORAAL AND LISA MACNAMARA AUSTRALIA'S corporate leaders are urging the government to implement reforms from the Asian Century white paper.   Seek chair Watson calls time Darren Davidson SEEK chairman Bob Watson is to retire next month amid a board reshuffle after joining the board when it was a start-up.   Elders kicks off sales process AGRICULTURAL company Elders has begun a formal sales process for its main rural services business.   Financial Markets Shares close with slight gains Sarah Turner STOCKS advanced moderately today, with energy companies higher as a massive storm approached the US East Coast.   Wall St to shut, firms batten down Dollar gets data boost   Financial Markets Coverage   Mining & Energy Indian uranium deals a long way off Geoff Hiscock AUSTRALIA'S new willingness to sell uranium to India is more about snuggling up to Asia's third largest economy than any actual nuclear commerce.   Base plunges on Kenya law move Endocoal backs $71m bid   More Mining & Energy		04:55pm Aust bonds firm as hurricane heads for NYC 04:46pm Shares down as yields run out of puff 04:46pm Aust share market close a touch higher 04:36pm Shares close with slight gains 04:36pm Sun shines on Ardent's theme parks 04:33pm Vodafone to slash 500 Australian jobs 04:25pm Stocks to watch at close on Monday 04:09pm Barclays banks on Jay-Z, ball 04:00pm Tomorrow's Calendar of Events 04:00pm Australian British Chamber of Com... 03:49pm Wall St to shut, firms batten down 03:34pm Mt Magnet to reach full gold production 03:30pm Tungsten Mining IPO to provide ex... 03:18pm NZ dollar holds above 82 US cents 03:14pm Honda reports surging profit   More Business Breaking News     Australian Market Data at 04:45PM Index / Security Price Change Percent All Ords 4499.4 +3.10 + 0.07% S&P/ASX 50 4555.9 +3.60 + 0.08% ASX200 4476.9 +4.50 + 0.10% S&P/ASX 300 4460.4 +4.00 + 0.09% S&P/ASX MidCap 3697.4 +6.60 + 0.18% S&P/ASX Small Orders 2253.6 +1.70 + 0.08% S&P/ASX 20 2746.8 +.50 + 0.02% S&P/ASX 100 3675.8 +3.30 + 0.09% CLICK HERE
	John Durie Harnessing Asia the real test THE mere fact the government's Asian Century study was called a "white paper" tells you something about the journey ahead. Criterion Endocoal yields to safety of cash GIVEN the flagging conditions, Endocoal has decided -- probably wisely -- a cash takeover offer is worth endorsing. More Opinion Stories
	Companies Bendigo playing a long game Markets Shares close with slight gains Wealth Fortunes lost in the balance Aviation Singapore throws down the gauntlet Economics Trading with yuan to lower costs Financial Services Bendigo playing a long game Legal Affairs Legal centre linked to social activism Media Sports rights go through the roof Mining & Energy Indian uranium deals a long way off Property Westfield sells $400m British centre Small Business Trustees crank up cash allocation		Heard on the Street No easy fix for Carroll's successor Andrew Peaple THERE are no easy fixes for Cynthia Carroll's successor at Anglo American.   Microsoft's Surface tension Apple's fourth quarter A OK   More Heard on the Street   Deal Journal Australia Macquarie must do more on costs Gillian Tan ANALYSTS say Macquarie should be doing more to cut costs as its equities and advisory units drag on the group.   SITE moves on Newcastle Airport Trouble in Paradise for Gutnick   More Deal Journal Australia
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