Bloomberg The Czech Republic must distribute its growing wealth more widely, and even a cooler economy won’t stop higher social expenditure and investment, according to the country’s finance chief. The richest former Soviet satellite is relaxing traditional spending controls that have underpinned one of Europe’s sturdiest budgets. Just five years after austerity exacerbated a record-long recession, Alena Schillerova — the ...

Bloomberg CVS Health Corp. and Aetna Inc received conditional approval to proceed with their proposed $68 billion merger, one of the largest in a series of recent deals that stand to transform the US health-care business. The combination would create a giant with a hand in insurance, prescription-drug benefits and drugstores across the US. By bringing those businesses under one ...

Bloomberg Swisscom AG is considering options for its Fastweb SpA unit, including a sale or partnership, that would increase the Italian business’s market share in mobile services, people familiar with the matter said. The company has discussed a tie-up with CK Hutchison Holdings Ltd.’s local wireless unit, Wind Tre SpA, though the Hong Kong conglomerate isn’t interested in adding landline ...