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By William James LONDON (Reuters) - Britain is to adopt an interventionist approach to balancing its heavily services-based economy for the post-Brexit era, aiming to reinvigorate industrial production and stimulate investment in technology and R&D. Unveiling her long-awaited 'Modern Industrial Strategy' on Monday, Prime Minister Theresa May will demand closer collaboration within key industries in exchange for government support on regulation, trade and research. It comes as Britain's impending exit from the EU threatens to undermine the financial services sector, with several banks planning to shift thousands of jobs abroad because they fear they will lose access to the EU market.
By Jean Paul Arouff PORT LOUIS (Reuters) - The son of the outgoing Mauritius prime minister was appointed as the new premier on Monday, prompting accusations of nepotism and calls for a referendum from opponents. Anerood Jugnauth, 86, who has been in his post since 2014, the latest of several terms at the helm, announced on Saturday he would step down in favour of his son and Finance Minister Pravind Jugnauth, 55, citing the need for "a young leadership". President Ameenah Firdaus Gurib-Fakim, who holds a largely ceremonial role on the Indian Ocean Island, said Pravind Jugnauth had been issued with a letter of appointment as the new prime minister on Monday.