January 2, 2026

UAE Updates Expat Inheritance Laws: Assets Without Heirs Turn to Charity

New UAE laws ensure expat assets without heirs become charitable endowments. Non-Muslims see fairer inheritance shares, and minors can manage assets earlier.

January 2, 2026

FTSE 100 Breaks 10,000 Points in Strong 2025 Santa Rally

The UK’s FTSE 100 index breached the 10,000 mark for the first time, boosted by Rolls-Royce, Melrose and Fresnillo. The strong finish caps a 21.5% rise in 2025 amid a global stock rally.

January 2, 2026

US Cuts Proposed Italian Pasta Tariffs to 2-14% from 92%, Easing Trade Tensions

The US government slashed proposed tariffs on Italian pasta from as high as 92% to between 2% and 14%. This move lowers the cost for brands like Barilla and eases a brewing trade dispute. Final tariff decisions will be announced on March 12 as talks continue.

January 2, 2026

Andhra Pradesh Liquor Sales Jump 8% in December 2025 Amid Festive Cheers

Liquor sales in Andhra Pradesh grew sharply by 8% in December 2025, hitting ₹2,767 crore. The New Year and holidays boosted demand, especially in the last three days of the year.

January 2, 2026

PE-VC Investment in Tamil Nadu Drops 71% in Q4 2025; Annual Funding Up 20%

Private equity and venture capital funding in Tamil Nadu fell sharply by 71% in Q4 2025 to $421 million, but annual investments grew 20% to $3.5 billion. AI and DeepTech startups are gaining momentum in the state, showing promise for 2026.