Latest News
- Holidaymakers flee to sea as fire engulfs Gava Waterman Milna Resort in Croatia
- Rachida Dati’s trial opens in Paris over €900,000 Renault-Nissan payments
- EU Moves to Designate Canada as Its First Associate Member
- CPP Investments and Brookfield launch $50 billion Maple Fund for national projects
- Barack Obama announces death of family dog Sunny at age 13
- Passengers panic as cabin ceiling collapses during emergency landing in Iran
- Doctors warn of challenges faced by aid workers targeted by Israel
- Canada negotiates to join Erasmus+ exchange programme with EU
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
Holidaymakers flee to sea as fire engulfs Gava Waterman Milna Resort in Croatia
September 16, 2026
11:00 pm
A fire at the Gava Waterman Milna Resort in Croatia prompted a swift evacuation of nearly 700 holidaymakers as guests criticised the evacuation response.
Rachida Dati’s trial opens in Paris over €900,000 Renault-Nissan payments
September 16, 2026
10:00 pm
The trial of Rachida Dati commenced at the Paris criminal court, where the former justice minister faces charges including passive corruption linked to €900,000 received from Renault-Nissan’s Dutch subsidiary between 2009 and 2013. Carlos Ghosn, the company’s former head, is being tried in absentia.
EU Moves to Designate Canada as Its First Associate Member
September 16, 2026
9:00 pm
What’s going on?
EU Commission President Ursula von der Leyen confirmed the proposal to make Canada the European Union’s first associate member. The plan aims to deepen ties and cooperation between Canada and the EU on various fronts. This move marks a significant shift in diplomatic relationships for both entities.
In contrast, Reuters highlights this as “EU’s von der Leyen wants Canada to become bloc’s first associate member,” emphasising the ambition of the EU. Conversely, The New York Times frames it as “E.U.-Canada Ambitions Face Reality Check,” hinting at potential challenges ahead. This difference reflects an optimistic versus a cautious approach to the initiative.
Coverage analysed: Reuters | The New York Times
CPP Investments and Brookfield launch $50 billion Maple Fund for national projects
September 16, 2026
7:00 pm
The Canada Pension Plan Investments Board (CPPIB) and Brookfield have announced the launch of the $50 billion “Maple Fund”, aimed at directing capital into significant national projects across Canada. This initiative is expected to bolster infrastructure investment and support economic growth.
Barack Obama announces death of family dog Sunny at age 13
September 16, 2026
5:00 pm
Former President Barack Obama announced the death of Sunny, the family’s 13-year-old Portuguese water dog, describing her as a “cherished member” of the family. Sunny, who joined the Obamas in 2013, was remembered for her loyalty and energetic personality.
Passengers panic as cabin ceiling collapses during emergency landing in Iran
September 16, 2026
4:00 pm
A Sepehran Airlines Boeing 737 experienced a ceiling collapse during an emergency landing after a landing gear malfunction, but no injuries were reported.
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