India will create just four to five unicorns next year as digital companies continue to struggle to raise money from investors in a gloomy venture funding climate, according to Avendus Capital.

GoTo Group recouped most of its losses after revelations of a sale of stock by a co-founder ignited a 19% selloff, a dramatic swing that reflected concerns about the business prospects of a Southeast Asian industry bellwether.

Rainer Gut, who engineered the mergers and acquisitions that transformed Switzerland’s Credit Suisse Group AG into a giant global investment bank, one that proved difficult for subsequent generations of executives to manage, has died. He was 91.