Latest News
- Brother of Vickrum Digwa claims racial attack before murder conviction
- Four men rescued after being trapped in flooded cave in Laos for ten days
- Fincantieri develops integrated defence system to protect underwater infrastructure
- US economy shows signs of recovery as job growth continues this week
- Zee Entertainment secures broadcast rights for World Cup 2026 from FIFA
- Vanilla Ice remains committed to Freedom 250 concerts despite artist dropouts
- One dead and another injured in unrest following PSG victory celebrations
- EU countries approve law to expedite return of irregular migrants
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
Brother of Vickrum Digwa claims racial attack before murder conviction
June 2, 2026
10:00 am
Vickrum Digwa has been sentenced to life imprisonment for the murder of Henry Nowak at the University of Southampton. He received a minimum term of 21 years after lying to police about a racially motivated attack, asserting he was the victim following the incident on 3 December 2025.
Four men rescued after being trapped in flooded cave in Laos for ten days
June 2, 2026
9:00 am
Rescuers in Laos have successfully saved four men trapped in a submerged cave for nearly two weeks following flash floods, while two remain missing.
Fincantieri develops integrated defence system to protect underwater infrastructure
June 2, 2026
8:00 am
The underwater domain is increasingly viewed as vital for national security, with disruptions to submarine telecommunications cables and energy infrastructure posing substantial risks. Companies like Fincantieri Underwater Hub are developing advanced systems, including autonomous drones and AI technology, to protect these critical assets against hybrid warfare threats.
US economy shows signs of recovery as job growth continues this week
June 2, 2026
7:01 am
EUROPEAN BRIEFING
This morning, key issues for Europe include economic stability and energy policy shifts.
Focus remains on collaborative strategies for resilience.
Zee Entertainment secures broadcast rights for World Cup 2026 from FIFA
June 2, 2026
6:00 am
Zee Entertainment has finalised a broadcast deal with FIFA for the 2026 and 2030 World Cups, along with 39 other tournaments through 2034. The agreement addresses the lengthy impasse in Indian broadcast rights, with financial details undisclosed, though reports suggest a reduction from an initial $100 million ask to $60 million.
Vanilla Ice remains committed to Freedom 250 concerts despite artist dropouts
June 2, 2026
4:00 am
Rapper Vanilla Ice confirmed his participation in the Freedom 250 concert series in Washington, D.C., despite several artists withdrawing. He stated that the event is about celebrating American independence, clarifying that he has no political motives and would perform for anyone, including controversial figures.
Like this article?
News Desk
Leave a comment
© 2026 WTX News.