Volkswagen AG, Europe’s largest carmaker, reported the biggest quarterly profit in 2 years on higher demand in China and the U.S. for the Golf compact and Audi A5 coupe.
Deutsche Lufthansa AG, Europe’s second-biggest airline, more than doubled quarterly profit, topping analysts’ estimates, as rising travel demand boosted a recovery in ticket prices and as freight transport surged.
The new Czech government, in office for less than a month, won’t commit to a target date for joining the euro, even as exporters suffer from the strengthening koruna, Prime Minister Petr Necas said.
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