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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.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.Coca-Cola Brazil invested R $550 million (US$ 91 million) to expand the concentrated solution plant in Amazon.

Baker Hughes: In the week ending December 13th, the number of oil rigs in the United States remained unchanged at 482 (19 fewer than the same period last year).Diesel exports along the Gulf Coast soared to a record high in early December last year.Hang Seng Index futures closed down 0.28% at 19,965 points, with a low water level of 6 points.

Johnson & Johnson shares rose 0.4%.CFTC: Chicago corn bullish sentiment hit a 21-month high, CFTC: In the week of December 10th, the net long position of CBOT corn held by speculators increased to 165,890 contracts, a 21-month high. Net short position of CBOT wheat decreased. CBOT soybean net short position hit a four-week low, and soybean meal net short position hit a three-week low. Arabica coffee net bulls hit a four-week low. Turn bullish on raw sugar. ICE cotton net short position hit a three-week high. The net long position of fattening cows increased to 19,866 contracts, a record high in recent 13 years. The net long position of live cattle hit a five-year high. The net long position of orange juice hit a 21-month high.Standard & Poor's: With the strong economic growth, the tight fiscal system is supporting the rapid reconstruction of Cyprus' fiscal buffer.