Israel news feed

How China profits from COSCO's avoidance of Israel

Globes - News -

The decision by COSCO not to visit Israeli ports has boosted the market share of Chinese shipping lines.
Mivtach Shamir, Bar-Ilan U team on deep science

Globes - News -

The company and the university are investing in a startup studio to commercialize breakthrough research.
Red Dot completes first close of $250m early growth fund

Globes - News -

Red Dot Capital Partners founding partner Yaniv Stern: We are very happy to continue investing in the Israeli ecosystem at this time.
What does Israel stand to lose from a rating downgrade?

Globes - News -

Moody's is due to announce the result of its "negative watch" review in two weeks' time, but the consequences might not be dramatic.
Serial entrepreneur Ran Poliakine dies at 56

Globes - News -

Poliakine founded wireless charging company Powermat, and in recent years focused on the healthcare and impact sectors.
"Agritech needs more investment before it is too late"

Globes - News -

The panel on innovation and impact in Israeli agriculture and industry at the Globes Innovation in Agriculture Conference discussed the future of agritech.
Haifa Group CEO: Climate crisis hits agriculture hard

Globes - News -

Haifa Group CEO Motti Levin told the Globes Innovation in Agriculture Conference that using the precision agriculture model is vital for food security.
Minimum monthly wage to rise in April

Globes - News -

The minimum wage will rise from NIS 5,572 to NIS 5,880 despite opposition from business organizations.
Three IDF officers killed in Khan Younis fighting

Globes - News -

The Israeli army has launched an operation in West Khan Younis with more than 50 Hamas terrorists killed so far.
Taro to become wholly owned by Sun Pharma

Globes - News -

India's Sun Pharmaceutical Industries will pay $43 per share for the 21.5% of Taro that it does not already own. Taro employs 1,550 people in Israel.

Tags: Taro
Apartments sold and rented

Globes - News -

A selection of recent real estate deals in Israel including in Ramat Hasharon, Ness Ziona, Elad, Petah Tikva, and Kiryat Bialik.
SolarEdge to lay off 900 employees

Globes - News -

The layoffs include 550 in Israel with most of the dismissals at the company's headquarters in Herzliya.
HP Indigo laying off dozens of employees in Israel

Globes - News -

The digital printing company is laying off 2% of its employees in Ness Ziona and Kiryat Gat.
Phoenix in advanced talks to sell 25% agencies stake

Globes - News -

The emerging deal would give Phoenix Insurance Agencies a company valuation of $900 million - $1 billion.
Gur Shatz quits as Cato COO after row with Kramer

Globes - News -

Two of the foremost figures in Israel's cybersecurity industry have ended their 20 year partnership amid acrimony, sources tell "Globes."
Ryanair to resume Israel flights February 1

Globes - News -

The low-cost carrier will operate a reduced schedule with flights between Tel Aviv and Marseilles, Milan, Vienna, Memmingen and Baden Baden/Karlsruhe.
Netanyahu rejects US-Saudi plan for Palestinian state - report

Globes - News -

The Israeli prime minister has rejected a plan for a Saudi-led Arab coalition to rebuild Gaza and establish a Palestinian state, amid US frustration, NBC reports.

Tags: Palestinian
Wizz Air to resume Israel flights in March

Globes - News -

The low-cost carrier will fly between Israel and six destinations in Europe.

Tags: Israel
Israel's debt:GDP ratio moves above 60%

Globes - News -

Accountant General Yali Rothenberg does not believe the debt:GDP ratio will reach 70% as it did during the Covid pandemic in 2020.
Azrieli mulls data centers unit IPO at $3.2b valuation - report

Globes - News -

Azrieli, which bought Norwegian company Green Mountain in 2021 for a fraction of that amount, is considering an IPO, "Bloomberg" reports.

Tags: Azrieli