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Press Digest: Financial Times - September 25

PRESS DIGEST-Financial Times - September 25

- The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.

Headlines

- Delivery Hero chief reverses exit plan after Uber secures takeover deal

- HSBC axes $26,000 perk for Hong Kong bankers to join members' clubs

- Burnham under pressure to lobby Trump on US diesel export ban

- Isabel Schnabel to leave ECB early to join IMF


Overview

- Delivery Hero DHER.DE CEO Niklas Östberg will stay on to lead the food delivery group through its takeover by Uber UBER.N, reversing plans announced four months ago to leave following years of shareholder pressure.

- HSBC HSBA.L is scrapping a $26,000 perk that gave bankers in Hong Kong subsidised access to members' clubs, as the bank cuts back on benefits for employees in the former British territory.

- UK Prime Minister Andy Burnham is under growing pressure to push the Trump administration to abandon plans to restrict diesel exports, including from political rivals with close ties to the President's inner circle.

- A top European Central Bank official Isabel Schnabel is leaving the monetary authority early to take on one of the most senior jobs at the IMF.





(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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