PRESS DIGEST - Financial Times - Sept 6

Sun Sep 5, 2010 11:16pm EDT

The Financial Times

ORACLE TO GIVE HURD LEADING ROLE

Oracle's (ORCL.O) board will meet in the coming days to vote on a deal offering Mark Hurd, the ousted chief executive of Hewlett-Packard (HPQ.N), a top role at the company. here

SANTANDER COULD HIRE 6,000 NEW STAFF

Santander (SAN.MC) is in the market for up to 6,000 new hires over the next two to three years as part of plans by the Spanish bank to expand its UK operations. here

VODAFONE STARTS HUNT FOR NEW CHAIRMAN

Mobile phone group Vodafone (VOD.L) is hoping to appoint a new chairman by next year's annual meeting as current boss John Bond is to step down following shareholder unrest over the company's strategy. here

PWC TO AXE FINAL SALARY PENSIONS

The UK arm of PricewaterhouseCoopers [PWC.UL] is going to close its two benefit pension schemes to existing members from April, affecting about 1,000 employees. here

BA-IBERIA HAS 12 ON TAKEOVER TARGET LIST

British Airways BAY.L and Iberia have drawn up a list of 12 candidates -- including budget airlines and larger carriers -- to buy or merge with after their tie-up is complete. here

PRE-BUDGET REPORT TO BE SCRAPPED

Chancellor of the Exchequer George Osborne is to scrap the pre-Budget report this year in an effort to save resources at the Treasury. It will be replaced with a slimmed down autumn statement. here

(Summary compiled by Reuters)

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