News roundup: the top stories on Wednesday

Ireland slips in global corruption index ranking, services sector activity growth at a five-year high.

The top stories at midday on Wednesday
The top stories at midday on Wednesday

**The top local and international news at midday on Wednesday:**

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**Ireland** slips in global corruption index ranking.

**Services sector** activity growth at five-year high.

**Cork firm** Powervation raises $7 million in venture capital funds.

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**European shares** advance ahead of US, euro zone data.

**Euro zone** manufacturing, services contract for 10th month.

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**Tesco** launches strategic review of US chain.

**Samsung** names Less as vice-chairman in succession ...