German business confidence rises strongly in November: Ifo

Business confidence in Germany rose surprisingly strongly in November after dipping unexpectedly in October, official data showed on Friday. The Ifo economic institute's business climate index -- a key measure of the mood in the industry and trade sectors of Europe's biggest economy -- rose to 109.3 points from 107.4 points in October. Analysts polled by Dow Jones Newswires had forecast a rise ...