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Road 6 to start adding lanes next week The Cross-Israel Highway will have three lanes in each direction to the Nitzanei Oz Interchange. Israeli start-ups may benefit from Microsoft cloud computing plans Zend, N-Trig, Gizmox, Cloudshare, Nolio, OpTier, and Correlsense are among the companies that may profit. Eyeblaster eyes new $115m Nasdaq IPO The company filed a draft prospectus two years ago, but the economic crisis delayed its plans. El Al ground staff complain they cannot cope The airline's management explains that the pressure is from the implementation of new computer systems. New Bank of Israel Law approved for Knesset readings Approval of the new Bank of Israel Law greatly increases the likelihood that Stanley Fischer will agree to another term. Clal Industries reduces stake in Nova Clal Industries will report an NIS 11 million capital gain on the sale for the first quarter of 2010. Koreans in Israel to seek cleantech collaboration Government officials and business leaders are here on an extensive visit. H&M opening in Tel Aviv draws big crowds Hundreds stood in long lines for several hours before the store opened. Trade deficit at $700 million Exports were $3.51 billion. Google adds free Hebrew SMS service There will be no limits on sending SMS messages to telephones in North America. Treasury sees €12b demand for Israeli debt Accountant General Shuki Oren does not plan to raise more than €1.5 billion in the current European offering. JP Morgan: NICE has more mega-deals in its pipeline The investment house raised its price target on the technology firm. Discount Bank suspends strike until after Passover Workers committee: We're definitely seeing understanding on the part of the bank's management. Bank of Israel to host int'l central banks meeting Deputy Governor Zvi Eckstein: We're working on a comprehensive document on the lessons of the crisis. Double Fusion CEO to leave amid more layoffs The in-game advertising solutions developer fired 15% of its employees in November 2009. Fischer: Foreign currency moves depend on world economy "We can gradually scale back the need to intervene in the foreign currency market." Leumi: Israel per capita GDP growth tops most OECD Bank Leumi predicts 3.5% growth for Israel in 2010. Delek US posts loss as refining margins remain low Sustained weakness in refined product margins limited incentives to operate the Tyler refinery at normal rates during the fourth quarter, reducing production levels. Ilex signs South Africa newborn AIDS tests deal The contract can be worth as much as NIS 180 million. Final Ratiopharm bids expected this month from Teva, Pfizer Reports say that both Teva and Pfizer submitted relatively low bids for the German firm. "Forbes" ranks Sammy Ofer as richest Israeli Ten Israelis made the "Forbes" World's Billionaires list, with Arnon Milchen in second place. Shekel gains despite $100m Bank of Israel dollar purchases The dollar's weakness against the shekel is in contrast to the dollar's strength against most currencies. Partner may switch from Ericsson for 4G The company will hold an equipment tender shortly in order to be ready as soon as frequencies become available. Court orders more time for comment on planning reform "The timetable set by the government is not sacrosanct; there is no emergency here." IEC, Bezeq bury the hatchet The two have agreed on ways of expediting connection of Bezeq's NGN network to the power grid. TopSpin to acquire medical device co Barnev Barnev has developed a device for computerized monitoring of labor. Regulators progress toward asset securitization The Bank of Israel expects to complete the work and submit a bill to the Knesset by June. Eli Hurvitz steps down from Protalix Hurvitz's departure severs Protalix's last tie with Teva. Clal Biotech posts full year profit Capital gains came primarily from D-Pharm's IPO and Teva's exercise of an option in Andromeda Biotech. State mulls changes so TA light rail can proceed Changes may be made to the 2007 concession agreement to enable the MTS consortium to close finance. IEC wants solar power for its cafeteria This will be IEC's third solar energy facility set up at its premises. Nimrodi's ILD buys Mira, Sarah licenses The Mira and Sarah leases are located 40 kilometers west of Hadera. Main highway to close for Joe Biden trip Biden is making a three-day visit to Israel in order to highlight US-Israel relations. Insurance software co Sapiens profit soars CEO Roni Al-Dor: We'll make new investments in view of growing demand for our products and services for the insurance industry. Gazit Globe unit buys Ottawa medical building Gazit America bought the Nepean Medical Centre for C$11 million. Danya Cebus loss declines sharply Danya Cebus CEO Ronen Ginsburg: All speculation that Danya Cebus is up for sale is incorrect. "Globes" top finance site from work The February TIM survey shows a 20% jump in the weekly exposure rate for "Globes". Demand for finance workers again up sharply February saw a further rise in demand for workers, led by the finance and pharmaceutical sectors. TowerJazz joins semiconductor industry IPL Alliance The semiconductor industry group devised the first open standard for interoperable Process Design Kits (iPDKs) for analog/mixed-signal designs. Leumi executives face negative bonuses The new policy covers the chairman, CEO, and 11 other senior executives. GDP growth revised upward The economy grew 0.7% in 2009, faster than originally estimated, but GDP per capita fell. Higher airborne systems sales lift Elbit Systems revenue Full year revenue for the defense electronics firm rose 7.4% to $2.83 billion. Ness sells document mg't system to Czech bank The customer, Raiffeisenbank, is the country's fifth largest bank. HOT loses money, customers in cable TV Yet the firm did see gains in its telephony and Internet businesses. Tough weather conditions cut Makhteshim revenue Full year revenue fell 12.7%, in line with figures it released in its profit warning six weeks ago. Shekel gains against dollar Mizrahi Bank's Ronen Menahem: Encouraging US economic figures will work against the shekel and unlinked bonds. Netanyahu to offer Fischer second term Despite family pressure to leave, Stanley Fischer is expected to stay on at the Bank of Israel. Gov't names ports privatization underwriters Six underwriters will lead the IPOs of Haifa and Ashdod ports. Mishorim completes Toronto hotel acquisition The King Edward Hotel has 298 rooms. Orckit continues push into Asia with Thailand office New executive Monchai Kunwattanakorn: Advanced telecommunication services are just starting to ramp up in Thailand, Laos and Myanmar.”

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12. 3. 2010

26. AdarI 5770

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