October 8, 2019 / 12:49 AM / 16 days ago

PRESS DIGEST- Financial Times - Oct 8

Oct 8 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.

Headlines - Oyo founder invests $700m in $1.5bn funding round on.ft.com/2VjZr6w

- World Bank boss warns global growth could disappoint on.ft.com/2VmBafU

- BlackRock replaces ousted HR boss on.ft.com/2oYptjy

Overview

SoftBank Group Corp backed hotel chain Oyo has raised $1.5 billion from investors including its 25-year-old founder Ritesh Agarwal.

The President of the World Bank David Malpass has warned global growth could fall short of the 2.6% rate it predicted in June.

The world’s largest fund manager BlackRock Inc has appointed Manish Mehta as global head of human resources effective immediately

Compiled by Bengaluru newsroom

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