Bloomberg Zopa Ltd. has completed a funding round of £75 million ($92 million) and is on the lookout for deals as early as this quarter. The raise from existing investors “cements” the UK fintech’s status as a unicorn with a valuation of $1 billion, the bank said on Thursday. Zopa, backed by investors including Softbank’s Vision Fund and Northzone, ...

  Bloomberg Gautam Adani’s businesses have lost $108 billion in a week, one of the biggest wipeouts in India’s history, after an explosive report by short-seller Hindenburg Research forced him to pull a stock sale at the 11th hour and led some lenders to reject his securities as collateral for client trades. Adani, who last year became the world’s second-richest ...

  Bloomberg European stocks climbed with US equity futures, building on Wall Street’s advance after Federal Reserve Chair Jerome Powell said the central bank had made progress in its battle against inflation. The Stoxx Europe 600 index added about 0.6%, with traders now looking ahead to the European Central Bank’s policy decision after mixed inflation data reignited debate about how ...