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* ProSiebenSat1 falls after Morgan Stanley downgrades (Updates prices, adds quotes, details, graphic)

Opening a base in Asia is not the best use of scarce resources

UK shares rose early on Friday as news of a new round of talks between China and the United States raised hopes of a resolution to their protracted trade spat which shook the global markets for most of last year.

Screenwriter James Graham has turned the campaign into a compelling story — and nailed my mannerisms

The UK foreign secretary seeks a new post-Brexit world

U.S. retail vacancies inched higher in the fourth quarter, underscoring how the retail sector has withstood many store closures across the country, real estate research firm Reis Inc said in a report.

Philippine shares surged on Friday as the country's inflation cooled in December, while bargain-hunters snapped up cheapened Singaporean stocks. While sentiment in broader Asia remained gloomy after disappointing U.S. factory output data from and Apple Inc's shock forecast cut, risk appetite across Southeast Asia was mixed.

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