Funding & Business
TalkTalk Strikes £100 Million Funding Deal From Backer Ares
Struggling UK broadband provider TalkTalk Telecom Group Plc agreed to a new £100 million ($134 million) funding deal from its backer Ares Management Corp., less than a year after completing a major financial restructuring.
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For investors, the risk from France’s unstable politics lies beyond Monday’s confidence vote in Parliament, when François Bayrou is likely to lose his premiership.
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Bangladesh’s central bank is working to boost its reserves to about $40 billion by the end of the fiscal year in June in an effort to stabilize its exchange rate, Governor Ahsan H. Mansur said.
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The People’s Bank of China increased its gold holdings in August for a 10th month, in a continued push to diversify its reserves away from US dollars.
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