German business confidence hits 10-month high: Ifo

German business confidence rose to its highest level in 10 months in April, as recovery in Europe's biggest economy continues apace, but optimism could soon begin to stall, the Ifo economic institute said Friday. The Ifo institute's closely watched business climate index rose to 108.6 points this month, its highest level since June 2014, the think tank said in a statement. "The upswing in the German economy continues," said Ifo president Hans-Werner Sinn. Ifo calculates its h