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2024-12-14 08:11:22

The Swiss government has decided to cancel India's "most favored nation" treatment, which means that Indian multinational companies will face the reality of tax increase by Switzerland from 2025. A year ago, the Supreme Court of India ruled that Swiss companies such as Nestle could not ask the Indian government to reduce their tax burden under the most-favored-nation (NFN) clause.Fitch: Supply chain constraints and labor cost inflation will continue to affect global airlines until 2025.Major European stock indexes closed down across the board, with Germany's DAX index down 0.10% to 20405.92, France's CAC40 index down 0.15% to 7409.57, and Britain's FTSE 100 index down 0.14% to 8300.33.


There are about 50 cases of A-share cross-border semiconductor industry frequently this year. Recently, Youa, a leading department store retail enterprise, issued a plan saying that it intends to purchase 100% equity of Shenzhen Shangyangtong Technology Co., Ltd. by issuing shares and paying cash, and raise matching funds, thus entering the field of semiconductor power devices across the border. The target of the merger had previously applied for an IPO in science and technology innovation board, but the order had been withdrawn. After the resumption of trading of Youa shares, the company's share price has been unlimited for three consecutive days. Since the beginning of this year, A-share listed companies have seen an endless stream of M&A and investment cases around semiconductor industry chain projects and assets. As of December 13th, about 50 listed companies have disclosed relevant major asset restructuring plans or investment progress. In addition to Youa shares, listed companies such as Shuangcheng Pharmaceutical, Yanggu Huatai, Baiao Chemical and Guangzhi Technology have also chosen cross-border mergers and acquisitions and laid out semiconductor industry chains. (SSE)Post Holdings is working with bankers to explore the merger with Lamb Weston.Canadian Finance Minister: If the United States imposes unreasonable tariffs, Canada will make a strong response.


Onshore RMB against the US dollar (CNY) closed at 7.2731 yuan at 03:00 Beijing time, down 31 points from Thursday night's close. The turnover was $36.781 billion.Coca-Cola Brazil invested R $550 million (US$ 91 million) to expand the concentrated solution plant in Amazon.The relative cost of living in new york has dropped to the lowest level since at least 2008. According to the new data released by the Bureau of Economic Analysis this week, the cost of living in new york metropolitan area in 2023 is 12.5% higher than the national average. This is the lowest level since the bureau began to release relevant data at least in 2008. From 2008 to 2022, the relative cost of living in new york is 13% to 15.5% higher than the average level in the United States.

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