Big Boss Interview

The first few days of the year have brought record breaking warm winter weather across Europe, affecting at least eight countries stretching from Spain to Denmark. The unusual heat has caused many ski slopes across the continent to close due a lack of snow. We explore the impact climate change is having on the world of business.

On the day bitcoin turns 14, Sam Bankman-Fried, the former boss of crypto exchange FTX, pleads not guilty to federal criminal charges filed against him.

US regulators have also warned that banks risk exposing themselves to fraud, legal woes and heightened volatility if they engage in crypto-related activities, in their first joint statement on digital assets.

Devina Gupta discusses where we are with bitcoin and other crypto currencies with Molly Jane Zuckerman, who heads content at CoinMarketCap in New York.

Simon Littlewood of ACG Global in Singapore and Luisa Kroll, executive editor at Forbes who's in New York, also join the programme.

Global business news, with live guests and contributions from Asia and the USA.

As Coronavirus continues to sweep across China, a growing number of countries are imposing new travel restrictions on the world's second biggest economy. Britain and France have become the latest countries to bring in screening for travellers from China. Travellers arriving into both countries from China will require negative Covid tests. China is experiencing a huge wave of coronavirus cases, weeks after relaxing its zero-Covid policy.

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In 2012, at the age of 72, he travelled the world working on his brand with Misha Sher from Mediacom, one of the world's biggest marketing agencies.

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It's been another year of ups and downs for cryptocurrencies. In the second episode of our week-long series, we ask whether it's time to control how - and by who - they are used. This edition features an interview with Urban Anghern, the CEO of Switzerland's financial regulator.

Elsewhere on the programme, we explore China's decision to reopen its borders in early 2023; and hear from a US-based ice-breaking business about the recent extreme weather.

(Picture: A Bitcoin ATM next to a row of traditional bank ATMs in Istanbul, Turkey. Credit: Getty Images.)

Cryptocurrency has had a difficult year - with the collapse of FTX which was once valued at more than $30bn, unsettling the wider industry, sparking bankruptcy filings at other firms and further declines in crypto values. Rahul Tandon is joined by Peter Morici in the United States and Mehmal Sarfraz in Pakistan to look at the year Crypto has had - in the first of our week-long series on crypto, running across World Business Report and Business Matters.

Elsewhere we look at the snowstorms hitting the US, and discuss China and Covid in 2022.

PHOTO CREDIT: REUTERS/Dado Ruvic/File Photo

What can one-point-seven-trillion-dollars get you? It can get you a functioning US government, for a start. Congress has just given final approval to the huge spending bill, just hours before the government would have had to shut down for lack of funds. The bill incorporates the Biden administration's plans to boost domestic spending. It also supports Ukraine's defence effort and reforms US election law. Republicans have condemned the package as a monstrosity, complaining that it contains wasteful spending commitments without addressing their priorities, such as boosting security on the border with Mexico.

The oil company Shell has agreed to pay nearly 16 million dollars in compensation to communities in Nigeria that were affected by multiple oil spills from pipelines in the Niger Delta. The money will benefit the Nigerian communities of Oruma, Goi and Ikot Ada Udo, that were impacted by four oil spills between 2004 and 2007.

As we reported here yesterday, a "bomb cyclone" - a massive winter storm system is currently expanding across the United States, threatening to upend the travel plans of millions of Americans. Together with snow blizzards and freezing temperatures, local authorities are trying to deal with electricity cuts and protect everyone's Christmas.

(Picture: United States Capitol West Facade with Fountain and Flowers. Picture Credit: Getty Images)

Up to 55 miles per hour winter winds and very cold weather is set to affect millions across the US this week, just as they try to meet up with their families over Christmas. Freezing temperatures and strong storms threaten to wreak havoc on holiday travel plans. We can only hope that Santa will make it!

Hospitals in China appear to be filling up amid concerns about a fresh Covid wave hitting the country, the World Health Organization says. Official Chinese figures show no-one died of Covid on Wednesday but there is scepticism about the disease's real impact.

And which song is going to be the official Christmas Number 1 in the UK?

(Picture: Snow fall. Picture Credit: Getty Images)