German business morale rises in November

BERLIN (Reuters) - German business morale rose, as expected, in November and Europe's largest economy is showing resilience after contracting earlier in the year, a survey showed on Monday.The Ifo institute said its business climate index rose to 95.0 in November from 94.7 in October. The November reading was in line with a Reuters consensus forecast."In the service sector, the business climate has improved," Ifo President Clemens Fuest said in a statement. "Traders were more satisfied with the..