Ares Management Upsizes Tempus Debt Facilities to $560 Million

NEW YORK, February 18, 2025–(BUSINESS WIRE)–Ares Management Corporation (NYSE: ARES) (“Ares”), a leading global alternative investment manager, announced today that Ares Credit funds served as the administrative agent on $300 million in incremental debt financing for Tempus AI, Inc. (NASDAQ: TEM) (“Tempus”), a technology company leading the adoption of AI to advance precision medicine and…

Improve digital literacy to check online gambling: MPR

Jakarta (ANTARA) – Deputy chairperson of the People’s Consultative Assembly (MPR), Edhie Baskoro Yudhoyono, has stressed the need to improve digital literacy to prevent online gambling. “We must be wise in using digital services so as not to get caught in illegal online loans with high interest or online gambling,” Yudhoyono, nicknamed Ibas, said in…

FfD4 3rd PrepCom side event: Resolving the Morass – UN Expert Group on Debt Solutions for Africa and SIDS

The United Nations Conference on Trade and Development (UNCTAD) convened a high-level side event on the margins of the Third Preparatory Committee for the Fourth International Conference on Financing for Development (FfD4).  Titled Resolving the Morass: UN Expert Group on Debt Solutions for Africa and SIDS, the discussion aimed to present the work of the…

‘A grant is not a debt’

KYIV — Ukrainian President Volodymyr Zelensky on Sunday balked at signing any mineral-rights deal with the US that would be considered repayment for previous aid given under the Biden administration. President Trump has been demanding such a pact, but Ukraine has been pushing for new security guarantees or fresh military funding in exchange for its…