After six years in office, Spanish Prime Minister Pedro Sanchez is blindsiding executives and investors with policy surprises in the euro area’s most successful major economy. The Socialist leader on ...

Telefonica replaced Jose Maria Alvarez-Pallete with Indra’s Marc Murtra as executive chair of the company, saying some of its ...

Telefonica SA’s shares fell after Spain’s Socialist government surprised investors by pushing out the carrier’s long-standing top executive.