BEING de-banked – that is, having your account abruptly closed by your bank – is often a logistical nightmare. It has very real consequences for both individuals and organisations on a practical level, and it can stop growth and opportunity in its tracks.
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Late payments, shrinking revenues: How Singapore’s F&B downturn is hitting food suppliers
Suppliers say customers are stretching payment terms from 30 days to as long as four months, putting their cash flow under strain.
Commentary: Softbank’s Masayoshi Son is going big on OpenAI. Time to worry
The Japanese investor's foray into generative AI brings back memories of WeWork, says Shuli Ren of Bloomberg Opinion.