Vietnamese online pharmaceutical marketplace BuyMed raises $2.5 million

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Vietnamese online pharmaceutical marketplace BuyMed raises $2.5 million

BuyMed, a Vietnamese startup that wants to fix Southeast Asia’s complex pharmaceutical distribution networks, announced today it has raised $2.5 million in pre-Series A funding. Investors include Sequoia Capital India’s Surge early-stage accelerator …
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Yen edges up after BOJ, pound gains on hopes of lockdown easing

TOKYO (Reuters) – The yen edged higher on Monday after the Bank of Japan expanded stimulus to help companies hit by the coronavirus crisis while the pound rose against the dollar and euro on optimism Britain may soon ease a month-long lockdown.
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Holiday Inn-owner reorders debt as first-quarter revenue per room sinks 25%

(Reuters) – Holiday Inn-owner InterContinental Hotels said on Monday it had agreed changes to the terms of its borrowing with creditors and made use of UK government supported loans as it predicted a 25% plunge in global revenue per available room in …
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Stocks Jump as Some Coronavirus Lockdowns Ease

Global stocks rose Monday as investors anticipated new rounds of stimulus from central banks and more countries took steps to reopen their economies from coronavirus lockdowns. European markets climbed in early trading as national governments, …
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Deutsche Bank beats on profit, warns on capital buffers

BERLIN (Reuters) – Deutsche Bank (DBKGn.DE) beat first quarter earnings expectations but warned it might miss its capital requirement target this year as it prepares for a spike in defaults and extends more credit in response to the COVID-19 pandemic.
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