Dollar slides against euro as German business confidence rises (AFP)
AFP - The dollar fell against the euro, primarily as the European currency benefitted from robust German business confidence figures, traders said.
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FTSE shares recover slightly (AFP)
2008.08.2045 minutes ago
LONDON (AFP) - London shares enjoyed modest recoveries early Wednesday as share-price gains for heavyweight mining and energy groups help to lift indices that dived a day earlier.
In morning trading, London's FTSE 100 index of top companies won back 0.96 percent to 5,371.70 points.
Miners and energy majors, profiting from rebounding metals and energy prices, helped to push the FTSE 100 back into positive territory.
The share price of mining giant Rio Tinto rocketed 5.84 percent to 4,912 pence and its bigger rival BHP Billiton surged by 5.26 percent to 1,600 pence.
Among energy groups, BP won 1.53 percent to 514.75 pence and in Paris, French oil and gas giant Total gained 2.83 percent to 49.17 euros.
Regions : Europe
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