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News - Globes

Israel's Business Arena

The Israeli department store chain plans to move 10% of its sales turnover online in three years.
Posted: July 23, 2019, 7:18 pm
Chiasma hopes for approval of its drug, which can be taken orally, by mid-2020.
Posted: July 23, 2019, 6:30 pm
Leader Capital Markets: A debt arrangement could happen if all the negative scenarios for Teva materialize at once.
Posted: July 23, 2019, 5:05 pm
Together with Talma, which led the round, Smartair will establish and manage tourism websites in Israel and overseas.
Posted: July 23, 2019, 3:28 pm
Anthem will also gradually invest tens of millions of dollars in K-Health.
Posted: July 23, 2019, 2:53 pm
Businessperson Ido Hagag is increasing his cannabis investments in combination with other investors, including Chaim Hurvitz, son of late Teva founder Eli Hurvitz.
Posted: July 23, 2019, 1:17 pm
The round was led by GF Investments and the family office of Harvey Golub, former Chairman and CEO of American Express.
Posted: July 23, 2019, 1:00 pm
Another week and another Israeli company has become more valuable than Teva, as the pharmaceutical company's freefall continues.
Posted: July 23, 2019, 12:35 pm
No financial details were disclosed of the acquisition from InterDigital, Inc.
Posted: July 23, 2019, 12:10 pm
The acquisition, at a price of €565 million, will be brought before the minority shareholders for approval.
Posted: July 23, 2019, 12:09 pm
Ministry of Health director general Moshe Bar-Siman-Tov: We want to avoid a pay cut, but we cannot let workers decide which tasks they will perform and which not.
Posted: July 23, 2019, 11:11 am
Shaked and Naftali Bennett have called on all right wing parties to unite under the leadership of Ayelet Shaked.
Posted: July 23, 2019, 10:25 am
The airline refused to allow the passenger to board the plane because of a plastic bag that he was carrying.
Posted: July 22, 2019, 10:24 pm
The company has developed image recognition technology that turns shelf images in stores into real-time actionable insights.
Posted: July 22, 2019, 9:24 pm
Eduardo Elsztain has already injected $640 million into IDB Development and has no desire to invest more.
Posted: July 22, 2019, 9:04 pm
Tirangel replaces Yonatan Alon, who is stepping down after seven years at the head of Israel's experiential gifts platform.
Posted: July 22, 2019, 6:51 pm
Meitav Dash analyst Eran Yunger: The acquisition of Chevron North Sea creates a very challenging situation for Delek Group.
Posted: July 22, 2019, 5:39 pm
The Israeli company has developed a business management app and CRM system for very small businesses.
Posted: July 22, 2019, 4:02 pm
The Israeli company's lead product - a delayed release pill for treating advanced Parkinson's - did not demonstrate better performance than existing drugs.
Posted: July 22, 2019, 3:23 pm
Negev Ecology has acquired 49% of Dudaim Park, and will build a new waste treatment plant there.
Posted: July 22, 2019, 2:54 pm
A masterplan has been approved, which will more than double the size of the city from 26,000 to 55,000 by building 5,600 housing units.
Posted: July 22, 2019, 2:23 pm
UVeye has developed automated vehicle inspection systems with both security and quality control applications.
Posted: July 22, 2019, 2:14 pm
Private vehicles are being re-routed at the entrance to Jerusalem while a new business district is constructed.
Posted: July 22, 2019, 11:30 am
The latest polls find that Likud could find itself only the second largest party, behind Blue and White.
Posted: July 22, 2019, 11:16 am
Arik Kotler's appointment by the board was perceived as a vote of no confidence in Pinto, who wanted his deputy to succeed him.
Posted: July 21, 2019, 9:08 pm
In the past three Knesset election campaigns in Israel, there has been a repeated pattern of price increases.
Posted: July 21, 2019, 8:58 pm
Delek is looking for investors to help Ithaca finance the $2 billion acquisition of Chevron North sea.
Posted: July 21, 2019, 6:03 pm
1,000 employees have already left in the past three years as IAI attempts to improve its financial situation, efficiency and profit margins.
Posted: July 21, 2019, 6:02 pm
The company says that it is the only company in the world selling wave power energy under a commercial agreement.
Posted: July 21, 2019, 5:09 pm
Former Israeli Prime Minister Ehud Barak has blamed Benjamin Netanyahu for the article in the UK tabloid insinuating he met disgraced US financier Jeffrey Epstein together with young women.
Posted: July 21, 2019, 4:36 pm
The former Israeli Prime Minister says he will sue the UK paper for defamation for insinuating he took part in parties with young women at Jeffrey Epstein's New York home.
Posted: July 21, 2019, 4:27 pm
The Israeli income-producing real estate company has acquired 20% of Compass Holdco, with an option to increase the stake to 33%.
Posted: July 21, 2019, 3:57 pm
The move means that IDB Development, which Eduardo Elsztain controls, will have to sell its holdings in Clal Insurance on the market.
Posted: July 21, 2019, 2:45 pm
According to a report by Startup Nation Central, there are 230 Industry 4.0 startups in Israel, with investment in the field up 220% in four years.
Posted: July 21, 2019, 2:27 pm
The Israeli pharmaceutical company's share price resumed its slide after new revelations about the opioid industry in the US.
Posted: July 21, 2019, 2:25 pm
A selection of recent real estate deals including in Tel Aviv, Rehovot, Kiryat Gat, Arad.
Posted: July 21, 2019, 1:47 pm
The lower than expected June CPI rise makes an interest rate cut next month much more unlikely.
Posted: July 21, 2019, 10:47 am
In her 30 page appeal to the Supreme Court, she claims that Leonardo DiCaprio's home in the US was her 'family home.'
Posted: July 18, 2019, 6:42 pm
Non-European airlines are also obligated by EU regulations to pay compensation, including Israeli airlines.
Posted: July 18, 2019, 4:09 pm
Delek's share price is falling sharply after its Ithaca unit was forced to cut the amount of debt it is raising to finance the $2 billion acquisition of Chevron North Sea.
Posted: July 18, 2019, 2:49 pm
Benny Dreyfuss: "The figures published by the Central Bureau of Statistics do not reflect the true situation."
Posted: July 18, 2019, 2:47 pm
The share price for the offering was 28.1% higher than the initial minimum price.
Posted: July 18, 2019, 12:00 pm
The Israeli company has improved its financial results, reduced its debt, and announced early repayment of its bonds.
Posted: July 18, 2019, 11:38 am
Eliyahu Gigi from Tel Aviv is charged with offenses under the Computers Law, theft, fraud, aggravated counterfeiting, use of a forged document, perjury, money laundering, and offenses under the Income Tax Ordinance.
Posted: July 18, 2019, 7:03 am
Cellcom has an alarming debt, and intense competition in the mobile phone market has put revenue into a tailspin.
Posted: July 17, 2019, 6:38 pm
The 1.825-acre site is close to the coastal road opposite a Paz filling station.
Posted: July 17, 2019, 4:54 pm
The latest Channel 12 poll projects a deepening political deadlock after the September 17 elections.
Posted: July 17, 2019, 4:48 pm
The Israeli company's products combine microbiome and phages, two of the hottest medical fields.
Posted: July 17, 2019, 4:25 pm
The international supermodel will try to convince Israel's Supreme Court that her permanent home in 2009 and 2010 was that of Leonardo DiCaprio in the US.
Posted: July 17, 2019, 4:15 pm
Mapi Pharma has leased a Jerusalem plant, to manufacture delayed release Copaxone that can be taken twice a month.
Posted: July 17, 2019, 2:43 pm
The country's high-tech companies are heading for another record year, IVC-ZAG reports.
Posted: July 17, 2019, 12:05 pm
Under the contract, IAI will provide complementary MRSAM systems for the Indian Navy's air defense system.
Posted: July 17, 2019, 10:02 am
The Israeli telecom operator is pinning its hopes on lower costs as a result of its new fiber-optic infrastructure.
Posted: July 17, 2019, 7:10 am
1,960 housing units will be built in the neighborhood, including 243 small apartments and assisted living facilities for 300 residents.
Posted: July 16, 2019, 6:07 pm
P-Cure CEO: "Completion of the financing round will enable us to make the smart medical solution we have developed accessible to any oncological center that offers radiotherapy.
Posted: July 16, 2019, 5:36 pm
Prices are projected to rise in August, especially in the last two weeks of the month.
Posted: July 16, 2019, 4:44 pm
The Central Bureau of Statistics has raised the annualized growth estimate for the first quarter from 4.8% to 5%.
Posted: July 16, 2019, 3:26 pm
The NIS 5.90 share price in the IPO reflects a NIS 1.13 billion company value.
Posted: July 16, 2019, 2:58 pm
The Israeli company has developed the CAPTIS device for reducing the risk of stroke and other complications during catheter-based structural heart procedures.
Posted: July 16, 2019, 1:54 pm
The volume and extent of the closure was not disclosed, but is probably similar to IBF's first fund, which raised $70 million.
Posted: July 16, 2019, 1:19 pm
Leader Capital Markets macroeconomist Yonatan Katz: A Bank of Israel rate hike is still possible in the next few months.
Posted: July 16, 2019, 1:14 pm
The market cap of the Israeli business software systems provider has leapfrogged the ailing Israeli pharmaceutical firm.
Posted: July 16, 2019, 1:11 pm
The surprising fall in the CPI in June left the inflation rate in Israel below the official target range.
Posted: July 16, 2019, 1:06 pm
David Edry and Shai Ben-David's sentences in the bond price manipulation affair that broke in 2010 have been reduced to 42 months and 22 months.
Posted: July 16, 2019, 11:53 am
Facebook COO Sheryl Sandberg will visit Israel next month and open Facebook's new space for startups and businesses, reports "Yediot Ahronot."
Posted: July 15, 2019, 11:03 pm
Lendbuzz aims to disrupt the existing car financing market using machine learning algorithms.
Posted: July 15, 2019, 8:16 pm
The winning consortium of White City Buildings, the JTLV group, and Isrotel will build apartments and hotels.
Posted: July 15, 2019, 7:27 pm
Inflation in Israel was only 0.8% over the past 12 months, the Central Bureau of Statistics reports, decreasing the likelihood of a rate hike.
Posted: July 15, 2019, 7:16 pm
Kotler replaces Arik Pinto, who is stepping down.
Posted: July 15, 2019, 7:02 pm
Birnbaum will become chairman and be replaced as CEO by Eyal Shohat, the company's deputy CEO.
Posted: July 15, 2019, 5:28 pm
Fattal's first 'workspitality' venture is located adjacent to its NYX hotel in Tel Aviv.
Posted: July 15, 2019, 5:14 pm
The Ministry of Energy received only two bids from consortia including from UK companies Cairn and Soco, even though energy majors like ExxonMobil purchased tender documents.
Posted: July 15, 2019, 4:01 pm
US investment bank Morgan Stanley has downgraded Teva to "Underperform", citing renewed pressure on generics prices.
Posted: July 15, 2019, 2:41 pm
Levin, who currently manages Discount Bank of New York, will replace Lilach Asher-Topilsky.
Posted: July 15, 2019, 12:02 pm
The distinctively designed mall was built twenty years ago at an investment of NIS 200 million.
Posted: July 15, 2019, 11:20 am
The Ministry of Communications is offering mobile operators NIS 500 million as an incentive to act quickly.
Posted: July 14, 2019, 8:13 pm
Brown Hotels: Such centrally located hotels with potential in Tel Aviv will fit right in with our collection.
Posted: July 14, 2019, 8:01 pm
The TASE offering will be the third largest this year after Isracard and Altshuler Shaham.
Posted: July 14, 2019, 6:13 pm
Jerusalem led in sales, followed by Kiryat Ono and Tel Aviv between March-June 2019, the Central Bureau of Statistics reports.
Posted: July 14, 2019, 4:06 pm
Israeli satellite TV company Yes is introducing a triple package - TV, Internet with speeds up to 100 megabyte and a landline.
Posted: July 14, 2019, 3:09 pm
The Leviathan field remains on schedule to deliver first commercial gas sales before the end of 2019.
Posted: July 14, 2019, 1:58 pm
A selection of recent real estate deals in Israel including in Ramat Gan, Givatayim and Ness Ziona.
Posted: July 14, 2019, 12:36 pm
Inmode had sales of $100 million last year of its aesthetic and medical treatment devices, and is profitable.
Posted: July 14, 2019, 11:56 am
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