The Big View

That’s an argument author Sebastian Mallaby makes in his new book on the financiers behind the world’s technology giants. He also discusses the role of luck, founders’ increasing power, late-stage investment pile-on risks and Chinese tech in this episode of The Exchange podcast. See acast.com/privacy for privacy and opt-out information.

Investor turned anti-corruption campaigner Bill Browder joins Dasha Afanasieva on The Exchange podcast to explain why tougher sanctions from the West, including freezing oligarch assets, threaten Russian President Vladimir Putin’s grip, and cripple the country’s economy. See acast.com/privacy for privacy and opt-out information.

Presidents Donald Trump and Joe Biden both embraced barriers like tariffs as a U.S. response to technology and globalization. Former White House economic adviser Glenn Hubbard argues that such strategies will fail. But policymakers can do more to take care of those left behind. See acast.com/privacy for privacy and opt-out information.

From Saks Fifth Avenue to Target, U.S. retailers are under intense pressure to change their businesses to meet consumers’ needs. Alix Partners’ Joel Bines tells Jennifer Saba it’s about more than just a shift in shopping habits. He argues that consumers now hold all the power.  See acast.com/privacy for privacy and opt-out information.

Europe’s antitrust tsar is responsible for keeping U.S. digital behemoths in check and making sure that the bloc doesn’t slip too far behind on technology. She joined Liam Proud to talk about a string of recent court losses and the future of competition policy. See acast.com/privacy for privacy and opt-out information.

The Italian banker wants to return 16 bln euros to investors by 2024. Choppy markets and growing geopolitical risks raise the bar for European banks’ promised returns. UniCredit CEO Andrea Orcel tells Breakingviews how his $35 bln lender can navigate through uncertain times. See acast.com/privacy for privacy and opt-out information.

U.S. inflation is at its highest in four decades. The central banker explains to Swaha Pattanaik how the Federal Reserve plans to tackle price pressures without jeopardising growth or job creation, and outlines her views on the outlook for monetary policy. See acast.com/privacy for privacy and opt-out information.

Can green hydrogen decarbonise big chunks of our economies? Air Products CEO Seifi Ghasemi, who’s backing the carbon-free gas in a major Saudi Arabia project, thinks so. He tells Lisa Jucca how his $61 bln group plans to be the world’s top green hydrogen producer in five years. See acast.com/privacy for privacy and opt-out information.

After a year of record revenue and global dislocations, the Wall Street CEO talked with Breakingviews about the future of wealth, why Morgan Stanley won’t be buying an European rival anytime soon, and how the market will have to get used to the end of free money, like it or not. See acast.com/privacy for privacy and opt-out information.

The Chinese electric-car maker has navigated everything from shrinking subsidies to Covid-19. Embracing new ways of working is critical, boss Brian Gu tells Katrina Hamlin. Future forays into Europe, the metaverse, and flying cars will test the Tesla rival’s resilience again. See acast.com/privacy for privacy and opt-out information.