banking

Italy's Court of Cassation has ruled that money sent by parents to children via bank transfer, without a formal deed of donation, can be subject to an 8% gift tax. The decision is drawing wide attention in Italy, with commentators warning that ordinary family transfers may now face taxation unless properly documented as donations.

Golf Channel has published the Round 1 tee times and groupings for the 2026 Bank of Utah Championship, along with broadcast information for fans looking to watch. The announcement lays out when players will start and how viewers can follow the opening round of the tournament, which returns to Utah as part of the professional golf schedule.

Attention is fixed on the release of the latest US employment report, with analysts expecting hiring to slow as the Federal Reserve weighs whether to raise interest rates again. Traders on economic calendar and forex platforms are tracking the data closely, since the jobs numbers could shape the central bank's next move on rates.

ANZ has ended its decades-long relationship with KPMG, removing the firm as its auditor after 59 years. Reports describe the decision as a new blow for KPMG, with commentary noting the accounting body failed to land a hit in its defence. The split marks one of the most prominent audit changes in Australian banking.

Bloomberg reports that Goldman Sachs' presumed successor to CEO David Solomon is facing a difficult challenge: keeping the bank's senior deputies satisfied as leadership dynamics play out. The article highlights internal tensions and succession questions at one of Wall Street's most powerful firms, where retaining top executives will be key to a smooth eventual transition.

The Asian Development Bank is hosting a webinar titled 'Ocean Health - Safeguarding Biodiversity and Resilience' as part of its Asian Impact series. The event focuses on protecting marine biodiversity and strengthening the resilience of ocean ecosystems in Asia, a region heavily dependent on healthy seas for food security, livelihoods and coastal protection.

Cleanup crews in Southern Shores, North Carolina, are close to finishing the removal of storm debris left behind by recent coastal weather. The town has been working to clear damaged materials from streets and public areas in the aftermath of the storms. Local reporting indicates the work is in its final stages, bringing relief to residents.

Financial commentary platform TheStreet Pro has published a round-up examining three headline risks: tightening diesel supplies, investor positioning in bank stocks, and rising geopolitical tension involving Iran. The piece frames diesel demand and pricing as a pressure point for the wider economy, bank shares as a key bet for markets, and Iran as a source of uncertainty for energy prices.

Alight has acquired a 2GW pipeline of solar PV and energy storage projects in Sweden from Soltech. The deal expands Alight's footprint in the Nordic solar market and gives it a large bank of development-stage capacity at a time of rapid growth in Swedish renewable energy demand. The size of the pipeline makes it one of the more significant solar transactions in the region.

A Bihar Board coaching educator known as Nidhi Ma'am has shared a set of 500 very important objective questions for Class 12 Biology, aimed at students preparing for the 2027 board exams. The material is drawing heavy engagement from Bihar Board aspirants, who rely on such compiled question banks for quick revision of MCQ-heavy science papers.

Nvidia is lobbying banks to finance AI chips the way they finance airplanes, an asset class with long repayment terms backed by resale value. Wall Street lenders are sceptical, questioning whether graphics processors hold value like jets as chip generations turn over quickly and demand patterns remain uncertain.