Aviva Profit Rises on Cost-Cutting, Cuts Dividend

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Aviva reported a stronger-than-expected half-year profit Thursday, helped by cost-cutting. The UK insurer announced plans to slash its dividend and partly float its Dutch unit to bolster capital. "It's great to see Aviva returning to a very substantial profit," CEO Andrew Moss said.

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Aviva Profit Rises on Cost-Cutting, Cuts Dividend

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