Huzaifa Bismillah, Director of End User Business for the Middle East and Africa, offers a …
Read More »Oil drillers tap their credit lines and strike anxiety
A lot of companies view revolving credit lines the way some rock climbers view harnesses and ropes: They would rather not use them, but they’re glad to have them when trouble strikes. So it’s worth paying attention when a corporation starts withdrawing a substantial amount of money under these prearranged agreements with banks. This can signal a significant problem. …
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