Bloomberg SoftBank Group Corp is considering selling its stake in the holding company of Raine Group, the merchant bank that’s advised on some of the Japanese company’s biggest deals, people familiar with the matter said. The potential stake sale would fit into SoftBank’s retrenchment from a deal-hungry technology conglomerate to one more focused on smaller investments, according to the …

Bloomberg Italian Prime Minister Giorgia Meloni didn’t paper over her contempt for the French President this past week — and Emmanuel Macron made clear that the feeling was mutual. The spat took place after Volodymyr Zelenskiy met Macron and German chancellor Olaf Scholz at the Ukrainian leader’s request for dinner at the presidential Elysée Palace. Meloni, who was not informed …

  Bloomberg Nigeria’s move to outlaw high-value notes is the best thing that’s happened to mobile-money operators in Africa’s biggest economy. In the two months since October, when the Central Bank of Nigeria said it will replace 200-, 500- and 1,000-naira notes with new ones, the value of mobile-money transactions has jumped by a quarter to 2.5 trillion naira ($5.4 …