Economics

Latest Economics News

Phoenix upgrades targets

A day after insurance company stocks plunged on the Tel Aviv Stock Exchange, Phoenix Financial (TASE: PHOE) (formerly known as…

ZIM board "reviewing alternatives" including sale

After a long period in which it issued no response to reports to this effect, the board of directors of…

Wizz Air steps back from Israel hub plan

As the CEO of Hungarian low-cost airline Wizz Air visits Israel, "Globes" has learned that the company has decided to…

Smotrich plans to double VAT exemption for personal imports

Minister of Finance Bezalel Smotrich plans to raise dramatically the exemption from VAT on personal imports. At present, anyone who…

McAfee buys privacy app of Israeli co Mine

Security applications company McAfee, which in the past maintained a development center in Israel, was acquired by Intel, and was…

Bank of Israel cuts interest rate as expected

For the first time in nearly two years, and as expected, the Bank of Israel Monetary Committee has decided to…

Ashdod port chair: No objection to a flotation

What are the main concerns facing critical infrastructures is Israel at present? Ashdod Port chairperson Shaul Schneider and Mekorot National…

Gil Shwed: Cybersecurity market disconnected from reality

Speaking at the Globes Israel Business Conference, Check Point Software Technologies Ltd. (Nasdaq: CHKP) executive chairman Gil Shwed told Globes…

Bank stocks indifferent to huge dividend payout

Last Thursday, Bank Hapoalim released its third quarter results, and reported a net profit for the quarter of NIS 2.8…

Shlomo Kramer sets up support fund for veteran Israeli artists

Shlomo Kramer, CEO of Cato Networks and co-founder of Check Point and Imperva, and Prof. Naama Friedmann, professor of neuropsycholinguistics…