Latest News
- B.C. appoints mediator Vince Ready to assist 911 operator negotiations
- Pratt’s lead over Raman narrows in Los Angeles mayoral race as voters await results
- Kingston Council apologises over sexist language in e-bike report
- Man killed in shark attack while spearfishing off Michaelmas Island, Australia
- Hungary lifts Ukraine veto, revitalising EU accession negotiations
- Quebec Liberal Party presents itself as the only federalist choice ahead of election
- Treasury Department to use Iranian assets for US Gulf ally recovery efforts
- Naked tourist detained by police after attempting to fight in Ibiza
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
B.C. appoints mediator Vince Ready to assist 911 operator negotiations
June 7, 2026
8:00 am
British Columbia’s labour minister has appointed veteran mediator Vince Ready to facilitate negotiations between the province and the union representing 911 operators, aiming to resolve ongoing discussions effectively. The move highlights the government’s commitment to addressing issues affecting emergency services personnel.
Pratt’s lead over Raman narrows in Los Angeles mayoral race as voters await results
June 7, 2026
7:00 am
Results from California’s closely watched gubernatorial and Los Angeles mayoral primaries remain unresolved. Spencer Pratt’s lead over Nithya Raman has narrowed to 1% in the mayoral race, while former HHS Secretary Xavier Becerra is projected to advance to the gubernatorial election against Republican Steve Hilton.
Kingston Council apologises over sexist language in e-bike report
June 7, 2026
6:00 am
Kingston Council in south London has apologised for wording in an equalities report regarding e-bikes that residents deemed sexist. The report suggested e-bikes assist women in fulfilling traditional domestic roles. Following backlash, the council issued a revised report acknowledging the language was “outdated and inappropriate.”
Man killed in shark attack while spearfishing off Michaelmas Island, Australia
June 7, 2026
5:00 am
A man has died following a shark attack while spearfishing off Michaelmas Island, marking the third fatal incident in Australia in three weeks.
Hungary lifts Ukraine veto, revitalising EU accession negotiations
June 7, 2026
4:00 am
During the EU-Western Balkans summit, momentum for EU enlargement was underscored by Hungary’s decision to lift its veto on Ukraine’s accession negotiations. António Costa noted that upcoming talks will showcase renewed European unity, particularly ahead of the June summit, despite ongoing challenges in the accession process.
Quebec Liberal Party presents itself as the only federalist choice ahead of election
June 7, 2026
1:00 am
Quebec Liberal Leader Charles Milliard has positioned his party as the sole distinct federalist choice as the provincial election approaches next year, emphasising a commitment to federalism amidst rising separatist sentiment in the province.
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