Democracy’s return to Venezuela has once again been deferred. Juan Guaido, the leader of the National Assembly recognised as interim president by more than 50 countries, failed last week to persuade the military to unseat Nicolas Maduro. Few officers rallied to Guaido’s side, and the regime beat back his followers’ street protests. Whatever the reason — overconfidence on Guaido’s part, ...

As US President Donald Trump imposes punitive tariffs on China, the European Union could be next in line. The EU has been performing a complex balancing act to keep Trump from pouncing. So far it has succeeded – but that may become increasingly difficult. The US leader is due to decide later this month whether to impose levies on car ...

For all the promise that digitisation offers, sometimes it’s worth reminding ourselves that it requires the right conditions. Telefonica SA is illustrating why. The former Spanish national carrier is midway through a digital transformation program, and has succeeded in realising almost two thirds of the 1 billion euros in savings it’s targeting by the end of next year. That’s clearly ...