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China probes official of state-owned insurance firm for graft

BEIJING, Dec 1 (Reuters) – China is investigating an executive at the China Export and Credit Insurance Corporation for graft, the ruling Communist Party’s corruption watchdog said on Sunday, making him the latest target of a widening corruption crackdown.



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UK water groups struggle to plug leaks

In spite of stabilising leakages, further improvements in tackling water losses should not be at expense of increases in customer bills, says Ofwat

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Australia shares seen opening higher with eyes on local data and rate decision

SYDNEY, Nov 4 (Reuters) – Australian shares are likely to open higher on Monday on better-than-expected manufacturing data from the United States, while investors will watch for a slew of local economic data on the day and the Reserve Bank of Australia’s rate decision on Tuesday. * Local share price index futures rose 0.4 percent to 5,414.0, a 2.9-point premium to the underlying S&P/ASX 200 index close. The benchmark slipped 0.3 percent on Friday, but ended the month 4 percent higher to



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