M&A & Capital Reallocation: Holcim agreed to sell its Philippines unit to Huaxin for at least $807M, with proceeds earmarked for further acquisitions as the builder refocuses its portfolio. Regulatory Clampdown (Food/Pharma): Maharashtra’s FDA chief Tukaram Mundhe defended tougher action against restaurants and hospitals over hygiene and medicine-sale practices, signaling broader inspections ahead. Defense Industrial Base: The US and Israel paused new strikes on Iran while a CSIS warning flags sharply reduced Patriot and THAAD interceptor inventories—raising pressure on missile-defense readiness. EV Policy & Compliance: Pakistan revived its Auto Policy 2026-31 after automaker pushback over EV-heavy incentives; meanwhile Polestar is reconsidering South Carolina expansion after a US connected-vehicle sales ban. Semiconductors Push: India says Semicon India has produced 12 semiconductor units with ~$20B investment, with three already making chips, and Semicon 2.0 now approved. Trade Protection for Local Industry: South Africa’s ITAC backed a jump in peanut butter import duty to 20% to protect domestic producers. Renewables Manufacturing Link: India approved PM-SSY to scale floating solar with storage, targeting 5,000 MW of projects and supporting domestic manufacturing. Safety & Liability: India’s Supreme Court ruled elevator manufacturers, maintenance firms, and building owners are jointly liable for lift accidents, simplifying compensation claims.