Economics
Latest Economics News
Lightricks perpares for another round of layoffs
Jerusalem-based Lightricks, mainly known as the developer of the Facetune content editing app, which has more than 500 employees, is…
Soroka reconstruction plan comprises five new buildings
Soroka Hospital in Beersheva has a new development plan, almost a year after an Iranian missile hit the hospital’s surgical…
Elbit Systems unit buys Israeli AI company
Elbit Systems (TASE: ESLT; Nasdaq: ESLT) subsidiary FUSE has bought 100% of Israeli technology company Blue White Robotics (Bluewhite), a…
Wix CEO regrets staff heard about changes from media
In the wake of "Globes" report on Sunday that Wix is set to lay off 800-1,000 employees, cofounder and CEO…
Duniec, Dan Real Estate mull NIS 4b merger
Listed company Duniec Bros. (TASE: DUNI) and privately-held Dan Real Estate are in talks on a share-swap merger deal, according…
Shekel gains sharply despite interest rate cut
Whoever thought that the Bank of Israel’s decision to cut the interest rate would halt the appreciation of the shekel…
AI forces Israeli unicorn BigID to lay off 150
Israeli unicorn BigID, which received a valuation of $1 billion two years ago, has joined the wave of tech companies…
Elbit Systems jumps as orders backlog exceeds $30b
Elbit Systems (TASE: ESLT; Nasdaq: ESLT) released its first quarter results this morning, beating the analysts’ consensus on both revenue…
Foreign residents buy Rehavia home for NIS 9.3m
A 177 square meter apartment at 30 Gaza Street in Jerusalem’s Rehavia neighborhood has been sold for NIS 9.3 million.…
Waze still leading drivers astray in north
That familiar disorientating experience since the start of the war is still here when using the Waze GPS road navigation…
