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Revived Brexit hopes lift stocks and sterling

LONDON/SYDNEY (Reuters) -Stocks began the week with robust gains as investors gauged the chance of added U.S. fiscal and monetary stimulus, while the British pound rose as a last-gasp extension to Brexit talks dodged a difficult divorce.

Reddit to buy TikTok rival Dubsmash

Social network firm Reddit said https://redditblog.com/2020/12/13/reddit-welcomes-video-platform-dubsmash-to-team on Sunday it would buy short-video platform Dubsmash, becoming the latest company to expand in a space dominated by Chinese-owned TikTok.

AstraZeneca shares fall on $39-billion Alexion bill

AstraZeneca shares fell 9% on Monday, as investors moved to price in the British drugmaker's $39 billion deal for U.S. biotech firm Alexion Pharmaceuticals, the company's largest ever and one of this year's biggest mergers globally.

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