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News - Globes

Israel's Business Arena

In normal times low-cost airline easyJet operates flights to several European destinations from Tel Aviv's Ben Gurion Airport
Posted: March 30, 2020, 11:48 am
There is speculation that the government will impose a complete lockdown until after the Passover holiday.
Posted: March 30, 2020, 9:44 am
Since the beginning of March, 786,991 people have newly registered as unemployed; most of them are on leave without pay.
Posted: March 30, 2020, 9:43 am
Keizman told "Globes," "My family and I have been splitting our lives between business in Israel and in the US for nearly two years.
Posted: March 30, 2020, 9:27 am
Israel's central bank is using the quantitative easing to help ease credit conditions and encourage financial stability during the virus crisis.
Posted: March 30, 2020, 9:27 am
There are reports that Benny Gantz will subsequently become foreign minister and Gabi Ashkenazi defense minister in a national unity government led by Benjamin Netanyahu.
Posted: March 30, 2020, 9:26 am
Over 80% of Israeli startups say that they are planning to make salary adjustments or layoffs by the end of April.
Posted: March 29, 2020, 8:03 pm
Avi Homero is prepared to see Arkia merge with Israir if its save the airline's 4,000 jobs.
Posted: March 29, 2020, 7:34 pm
Israel National Employment Service research unit director Dr. Gal Zohar paints a bleak picture of the job situation after the crisis ends.
Posted: March 29, 2020, 6:06 pm
The Bank of Israel expects a large increase in credit losses for banks, plus a huge need for an immediate increase in the supply of credit to the public.
Posted: March 29, 2020, 6:05 pm
Although no evidence was found that AnyVision's facial recognition technology is used for mass surveillance in the West Bank, Microsoft will divest from the Israeli startup.
Posted: March 29, 2020, 3:08 pm
The maximum price of government price controlled 95 octane gasoline at self-service pumps in Israel will fall by NIS 1.03 to NIS 4.89 per liter on Tuesday night, April 1.
Posted: March 29, 2020, 2:54 pm
The financial consulting and accounting firm said the measures were necessary if the firm is to meet the challenge in the coming months.
Posted: March 29, 2020, 2:26 pm
Eran Yaacov is against a general postponement but stresses that individuals can request postponements.
Posted: March 29, 2020, 1:31 pm
The company is developing a diagnostic and prognostic test, which it says can be put into action quickly.
Posted: March 29, 2020, 12:53 pm
There have been 12 fatalities in Israel from the virus. Those who have died were aged between 67 and 93 and all had serious preexisting medical conditions.
Posted: March 27, 2020, 4:50 pm
IAI has warned that the coronavirus pandemic creates uncertainty regarding 2020.
Posted: March 27, 2020, 11:49 am
El Al said it made the decision because of the almost complete absence of demand for regular flights.
Posted: March 26, 2020, 6:28 pm
The foreign exchange market has become much less volatile over the past few days than in recent weeks.
Posted: March 26, 2020, 5:52 pm
In 2019, Pyramid focused on augmented analytics, product flexibility, and ease of deployment.
Posted: March 26, 2020, 4:37 pm
With a record number of new cases over the past day, the government fears the new restrictions may not be enough. Update: Fatalities rise to 8.
Posted: March 26, 2020, 3:48 pm
Net profit totaled NIS 19 million, and the company recruited 66,000 new television subscribers during the year.
Posted: March 26, 2020, 2:49 pm
The project is located on a 2.4-acre lot adjacent to the Menora Mivtachim basketball arena in Yad Eliahu.
Posted: March 26, 2020, 1:14 pm
A painful compromise with Citibank and the Dayan family will cost Delek Group NIS 120 million.
Posted: March 26, 2020, 12:21 pm
A selection of recent real estate deals in Israel including in Jerusalem, Tel Aviv, Ramat Hasharon, Tsur Hadassah and Arad.
Posted: March 26, 2020, 11:39 am
The carrier is asking for a $200-300 million state loan that will enable it to recover and quickly resume regular activity after the crisis.
Posted: March 25, 2020, 7:18 pm
Occupancy in Azrieli's properties in 2019 was 98% in shopping malls and 99% in offices.
Posted: March 25, 2020, 6:26 pm
Elbit CEO Bezhalel Machlis told "Globes" that the defense sector will be the last to be effected by the coronavirus.
Posted: March 25, 2020, 6:19 pm
People will only be allowed to exercise 100 meters from their homes, synagogues will be closed and public transport cut to 25%.
Posted: March 25, 2020, 4:15 pm
The Israeli company says that its system can undertake a deeper and more significant analysis than any other product available on the market.
Posted: March 25, 2020, 3:00 pm
An analysis of the Yad2 secondhand online marketplace found real estate sellers becoming more willing to lower asking prices.
Posted: March 25, 2020, 2:39 pm
Employment service director general: The new restrictions will cause a new wave of unemployment.
Posted: March 25, 2020, 1:35 pm
Edelstein stepped down in the interests of national unity but insisted that the Supreme Court's ruling that he should quit was anti-democratic.
Posted: March 25, 2020, 12:28 pm
The cabinet has agreed new restrictions which will come into effect this evening.
Posted: March 25, 2020, 9:55 am
Prof. Amir Yaron has sharpened the dilemmas facing Israel in its attempts to halt the spread of Covid-19.
Posted: March 25, 2020, 9:28 am
The Ministries of Health and Finance are at loggerheads over how the lockdown should be tightened.
Posted: March 24, 2020, 10:54 pm
The number of people who have tested positive for coronavirus has now risen to 1,656, the Health Ministry reports.
Posted: March 24, 2020, 10:39 pm
The Israeli company is donating printing capacity across all regions to provide thousands of disposable face shields for use by medical personnel.
Posted: March 24, 2020, 7:55 pm
An investigation by the government's National Information and Knowledge Center analyzed the source of infection in patients.
Posted: March 24, 2020, 6:44 pm
The company has developed an AI-driven, B2B sourcing and business intelligence platform for the aerospace parts and repair markets.
Posted: March 24, 2020, 6:29 pm
Gil Shwed: This is a period during which cybersecurity is coming under daily attack, as the world switches to working remotely.
Posted: March 24, 2020, 6:26 pm
Midroog believes a failure by the company to repay its debt is very likely.
Posted: March 24, 2020, 3:20 pm
Bonds are rising strongly on the TASE after yesterday's commitment by the Bank of Israel to buy NIS 50 billion worth of government bonds.
Posted: March 24, 2020, 2:50 pm
Opponents of the measure fear that it will have a negative impact on Israel's capital market.
Posted: March 24, 2020, 1:24 pm
The steep fall in oil prices will lower gasoline prices by up to NIS 0.90 in April, if there are no tax hikes.
Posted: March 24, 2020, 12:58 pm
About 91% of the unemployed have been put on unpaid leave by employers hit by the coronavirus crisis.
Posted: March 24, 2020, 12:28 pm
Alon Gas must pay the entire 11.5% royalties worth tens of millions of dollars from the Tamar gas field to Isramco unit Nafta.
Posted: March 24, 2020, 11:41 am
The fifth annual Vivatech show will have no Israeli stand, although interest from Israeli startups is high.
Posted: March 24, 2020, 10:56 am
A report prepared by the State Comptroller last year found the country was not prepared for a serious flu pandemic in which 2 million were ill and 150,000 hospital beds needed.
Posted: March 23, 2020, 6:32 pm
National Insurance Institute estimates that the cost of unemployment benefits will jump from NIS 320 million to NIS 900 million in March.
Posted: March 23, 2020, 4:15 pm
The days of paid leave will not be deducted from the employees' regular vacation days.
Posted: March 23, 2020, 2:34 pm
Two banks that lent Delek Group $200 million and €50 million are demanding immediate repayment.
Posted: March 23, 2020, 1:58 pm
Strong demand for foreign currency by Israeli financial institutions and investors will persist as global stock markets continue to fall.
Posted: March 23, 2020, 1:50 pm
The chain will continue to operate five branches providing free food to hospitals, Magen David Adom, and the security forces.
Posted: March 23, 2020, 12:15 pm
Amazon is dramatically cutting the volume of its exports and giving priority to the US market.
Posted: March 23, 2020, 11:59 am
1,238 Israelis now have Covid-19, the Ministry of Health reports, up from 945 yesterday morning and 705 on Friday.
Posted: March 23, 2020, 10:02 am
The heavy rains Friday and Saturday have left the Kinneret (Sea of Galilee) just 49 centimeters from its highest level.
Posted: March 23, 2020, 9:16 am
The Bank of Israel will submit a plan to the prime minister that enlarges the budget deficit, with measures for supporting the business sector and encouraging demand.
Posted: March 22, 2020, 9:56 pm
With no tourists around, the rental apartments market is adjusting itself to the new situation.
Posted: March 22, 2020, 7:10 pm
El Al, Israir and Arkia have been sending out special flights to as far afield as India, Peru and virus ravaged Europe to being home desperate Israeli travelers.
Posted: March 22, 2020, 6:59 pm
Teva announced that Schultz had agreed to extend the validity of his deal with Teva from November 2022 until November 2023.
Posted: March 22, 2020, 5:05 pm
The first wave of newly unemployed is from the tourism, hotel, civil aviation, catering, and entertainment and leisure sectors.
Posted: March 22, 2020, 5:02 pm
More alcogel and antiseptic wet wipes have been sold in Israel in recent weeks than in all of 2019, and Israelis are buying more toiletries than even food.
Posted: March 22, 2020, 3:50 pm
Chinese e-commerce website AliExpress is trying to take up the slack.
Posted: March 22, 2020, 1:32 pm
20 Israelis are in a serious condition and the first fatality has been reported - an 88 year old man from Jerusalem.
Posted: March 22, 2020, 1:07 pm
The new kit allows people to test a sputum sample at home and receive results within a few minutes.
Posted: March 19, 2020, 7:15 pm
The Israeli company's platform lays the ground for tackling some of the most challenging hurdles facing quantum computing.
Posted: March 19, 2020, 3:20 pm
Revenue declined in all of the group's main sectors, but increased in cloud and digital services.
Posted: March 19, 2020, 12:54 pm
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