Beneath the sleek surface of this sparkling Mediterranean metropolis boil passions generated by Spain’s version of identity politics. The passions are aroused by demagogues who hope to shatter a nation. The turmoil in Catalonia — the northeastern of Spain’s 17 regions, which exercise considerable autonomy (over police, health care, education, etc.) — is the toll taken by lies used to ...

It’s rare for an anonymous quote in a management consultant’s report to make much of an impression. But the admission by the chief financial officer of an unnamed global bank on the mystery that surrounds his own company’s technology spending is striking. It’s especially troubling for investors in the finance sector. “I know 50% of my digital transformation spend is ...

India’s great telecom melee was bad enough as a brawl between service providers and the state, with operators complaining about the government’s outlandish claims on their past revenue. Now, consumers have jumped into the fray. A confusing three-cornered fight could lead to ugly outcomes: The country’s broken financial system would take a fresh hit; new 5G networks could be delayed; ...