Australia fuel crisis: Panic buying prompts PM to reassure nation over fuel supply

Lauren Turner and Osmond Chia Reuters The US government has seized more than $14bn (£10.5bn) in bitcoin and charged the founder of a Cambodian business empire, Prince Group, with allegedly masterminding a massive cryptocurrency scam. UK and Cambodian national Chen Zhi was charged on Tuesday in New York for allegedly engaging in a wire-fraud conspiracy…

Drivers could be paying more than they should for petrol and diesel after the UK’s competition watchdog said fuel profit margins remain at “persistently high levels” despite prices at the pump having fallen. The Competition and Markets Authority (CMA) also challenged retailers’ claims that this was a result of higher operating costs, and said competition…

“We will not knowingly provide a product that puts America’s warfighters and civilians at risk,” Amodei said. “Without proper oversight, fully autonomous weapons cannot be relied upon to exercise the critical judgment that our highly trained, professional troops exhibit every day. They need to be deployed with proper guardrails, which don’t exist today.”

John LaurensonBusiness reporter, Rotterdam AFP via Getty Images The Netherlands has raced to switch to wind and solar power In a Dutch government TV campaign called “Flip the Switch” an actress warns viewers about their electricity usage. “When we all use electricity at the same time, our power grid gets overloaded,” she says. “This can…

A dozen US states have joined together to block the $110bn (£85bn) merger between Warner Bros. and Paramount, claiming the largest media consolidation in Hollywood history would stifle competition and raise consumer prices. A lawsuit has been filed by 12 states, led by California, where Paramount and Warner Bros keep their headquarters and production studios….