PRESS DIGEST - Financial Times - Sept 6
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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