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AP National News

German business confidence drops for 5th consecutive month

BERLIN (AP) — A closely watched survey shows that German business confidence has dropped for the fifth consecutive month amid persistent supply-chain bottlenecks and a resurgence of coronavirus infections in Europe’s biggest economy. The Ifo institute said Wednesday that its monthy confidence index dropped to 96.5 points in November from 97.7 last month. Companies’ assessment

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Sweden’s parliament approves first female prime minister

By JAN M. OLSEN Associated Press COPENHAGEN, Denmark (AP) — Sweden’s parliament has approved Magdalena Andersson as the country’s first female prime minister. Lawmakers on Wednesday tapped the finance minister who recently became the new leader of the Social Democratic party. Andersson was picked to replace Stefan Lofven as party leader and prime minister. Those

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