Economics

Latest Economics News

Nvidia to collaborate with Sheba on genome hidden codes

US chip giant Nvidia, Sheba Medical Center in Israel and Mount Sinai Hospital in the US have announced a strategic…

Nvidia joins $200m round raised by Shashua’s AI startup

Exclusive: US chip giant Nvidia has joined the $200 million financing round raised by AA-I Technologies, the new AI startup…

Mangrove’s Israel partners launch new VC fund

European venture capital fund Mangrove Capital Partners is closing down its representative office in Israel, "Globes" has learned. Mangrove was…

Elbit Systems reports $25b orders backlog

Defense company Elbit Systems (TASE: ESLT; Nasdaq: ESLT) reported an orders backlog up by $1.4 billion at $25.2 billion at…

Itron buys Israeli startup Locusview for $525m

US smart energy and water solutions company Itron (Nasdaq: ITRI) has announcerd the acquisition of Israeli startup Locusview for $525…

Bestselling author buys Tel Aviv penthouse for NIS 21m

Tamir Mandowsky, the bestselling author of "Investments for the Lazy" has signed a contract to buy a penthouse in Tel…

Bank of Israel eases dividend restrictions on banks

The Bank of Israel has decided to remove its recent restrictions on dividend distributions by the banks and allow them…

Pelephone signs MOU for acquisition of Hot Mobile

The Bezeq group (TASE: BEZQ) notified the Tel Aviv Stock Exchange yesterday evening that its mobile telephony subsidiary Pelephone and…

Cloud backup co Eon raising funds at $4b valuation

Dream company Eon, co-founded by serial entrepreneur Ofir Ehrlich, who previously sold a company to Amazon for hundreds of millions…

China still winning major Israeli infrastructure deals

At a time when the Western world, and the US in particular, are striving to break away from ties with…