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- Italy issues heat alert for all cities amid extreme European heatwave
- Ukraine strikes Russian oil refineries as Moscow targets train station
- South Korean police raid football association over Hong Myung-bo’s appointment process
- Member of Men’s Sheds Lethbridge and Coaldale raises cancer awareness
- Trump refutes reports of US munitions shortages during Iran conflict
- Suicide forum linked to 130 UK deaths remains accessible despite ban
- Locust swarm fills sky in Dagestan as residents seek shelter in vehicles
- Ukraine’s Olha Stefanishyna investigated over anti-corruption allegations
Financial Times - Savers withdrew nearly $60bn from three US banks as Apple raises heat
Summary of the front page
The Financial Times says savers withdrew nearly $60bn from US banks Charles Schwab, State Street and M&T in the first quarter as customers moved their money in search of higher interest rates. Traditional banks could face further threat because of Apple and Goldman Sachs’ new savings account in the US that will pay 4.15% interest a year, it reports.
The paper’s main image is of Vladimir Kara-Murza, a Russian opposition activist, during a court hearing in Moscow where he was sentenced to 25 years in prison for treason.
Today's top stories
Italy issues heat alert for all cities amid extreme European heatwave
August 6, 2026
12:53 pm
Italy has placed all 27 monitored cities on red heat alert amid a severe heatwave affecting Europe, with temperatures exceeding 40C. This unprecedented warning has prompted health advisories for millions, while Austria recorded a historic 41.2C, exacerbating droughts and wildfires across the continent.
Ukraine strikes Russian oil refineries as Moscow targets train station
August 6, 2026
11:01 am
UKRAINE STRIKES
Ukraine targets Russian oil refineries in long-range missile attacks this morning.
Moscow reports damage and casualties, escalating tensions in the ongoing conflict.
South Korean police raid football association over Hong Myung-bo’s appointment process
August 6, 2026
10:00 am
Seoul police have conducted a raid on the Korea Football Association offices as part of an investigation into the appointment of Hong Myung-bo as national team coach. This follows allegations of an inadequate interview process after his selection, which has drawn scrutiny amid South Korea’s World Cup exit.
Member of Men’s Sheds Lethbridge and Coaldale raises cancer awareness
August 6, 2026
9:00 am
Men’s Sheds Lethbridge and Coaldale has evolved into a successful non-profit in southern Alberta, originally formed to foster camaraderie among men following the COVID-19 pandemic. The initiative now offers a supportive community for members, promoting social connection and well-being.
Trump refutes reports of US munitions shortages during Iran conflict
August 6, 2026
7:00 am
President Trump refuted claims of U.S. munitions shortages amidst the ongoing war with Iran, stating substantial quantities are available and being produced. Reports indicate the U.S. has nearly depleted its stockpile of long-range precision missiles, raising concerns over the sustainability of military operations.
Suicide forum linked to 130 UK deaths remains accessible despite ban
August 6, 2026
6:00 am
A suicide forum linked to over 130 deaths remains accessible despite Ofcom’s assertion that it blocks UK users. An investigation found the site can be accessed via virtual private networks, and at least one mirror site exists on the dark web, raising concerns among bereaved families and advocacy groups.
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