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.
Regions
Germany, Italy push EU to resume talks with Russia (AP)
2008.10.131 minute ago
LUXEMBOURG - Germany and Italy want the European Union to resume talks on a political and economic pact with Russia that were frozen owing to Moscow's war with Georgia.
Italian Foreign Minister Franco Frattini says it is time for the talks to resume now Russia has pulled back from positions in Georgia.
Britain and Sweden are more hesitant and want to see what progress is made during talks about security in Georgia later this week in Geneva.
EU foreign ministers were debating the Georgia crisis at talks Monday. An EU-Russia leaders summit is due to be held in November.
Regions : Europe
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EU compromises on airlines in carbon-trading scheme (AFP)
AFP - The European Commission has agreed to a compromise proposal over its plans to include the aviation industry in its carbon-trading scheme, the Financial Times reported.
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AFP - Britain's economy grew at its fastest annual pace for two years in the third quarter of 2006, official data showed, increasing expectations of another British rate hike soon, analysts said.
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