Economics
Latest Economics News
Gasoline prices to rise again Thursday night
The maximum price of government price controlled 95 octane gasoline at self-service pumps in Israel will rise on Thursday at…
Teva acquires Emalex Biosciences for up to $900m
Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) today announced it has signed a definitive agreement to acquire Emalex Biosciences.…
Banks' efficiency drives spark worker unrest
Relations between unions and management at the major banks have started to unravel in the past few months, At Bank…
Huge Crusoe Afula deal boosts Israel’s data centers sector
The data centers industry in Israel is on the rise, as the AI revolution gains pace sparking an unprecedented level…
Gedera house sells for NIS 5.53m
A 242 square meter, newly-built 8-room house on Lehi Street in Gedera has been sold for NIS 5.53 million. The…
"Globes" poll of polls shows Beyachad brings opposition no gain
With the election in Israel six months away, "Globes" is reviving its poll of polls, and presenting the average of…
Quantum Art extends Series A financing to $140m
Israeli scalable quantum computing solutions company Quantum Art has announced that it has extended its Series A financing by $40…
Banks ask court to declare Nochi Dankner bankrupt
The debt settlement with the banks, agreed three months ago by former IDB Group controlling shareholder Nochi Dankner, has collapsed.…
Shapir mulls buying control of Ashdod Refinery for NIS 1b
The sharp rise in the price of oil due to the Iran war has boosted the share prices of Bazan…
Shekel-sterling rate heading below NIS 4/£
After the US dollar fell below NIS 3/$ for the first time since 1995, the Israeli currency is consolidating its…
