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Israel Business News Feeds

Main Headlines from Globes

ISA questions Bezeq CEO Stella Handler (Jun 23, 2017 04:14 PM)
Handler joins Bezeq controlling shareholder Shaul Elovitch and Yes CEO Ron Eilon on the list of  those questioned in the Bezeq-Yes affair.

Bezeq leaving Tel Aviv (Jun 23, 2017 06:50 AM)
Bezeq is moving its HQ out of the Azrieli Triangle Tower and looking for a company to build new offices at Mesubim Junction.

Thu: Bezeq slips further, Kamada crashes (Jun 22, 2017 08:04 PM)
The main indices fell today, with Bezeq and Kamada the most notable decliners, but the Tel Aviv 35 still ended the week 1% ahead. 

Kamada withdraws European drug marketing request (Jun 22, 2017 07:54 PM)
The European Medicines Agency is demanding additional data that require another trial.

ISA questions Bezeq CEO Stella Handler (Jun 22, 2017 07:34 PM)
Handler joins Bezeq controlling shareholder Shaul Elovitch and Yes CEO Ran Eilon on the list of  those questioned in the Bezeq-Yes affair.

Kamada withdraws European drug marketing request (Jun 22, 2017 06:43 PM)
The European Medicines Agency is demanding additional data that require another trial.

Yes valuation dispute escalates (Jun 22, 2017 06:29 PM)
A Bezeq director tried to get Merrill Lynch to raise its valuation for Yes, in opposition to his company's interests.

Bezeq leaving Tel Aviv (Jun 22, 2017 04:07 PM)
Bezeq is moving its HQ out of the Azrieli Triangle Tower and looking for a company to build new offices Mesubim Junction.

Israel Chemicals to sell non-core assets worth $500m (Jun 22, 2017 03:27 PM)
Acting CEO Asher Grinbaum has been cutting spending and costs to deal with lower potash prices.

Herzliya Mayor withdraws city's masterplan (Jun 22, 2017 03:21 PM)
Moshe Fadlon: There wasn't enough consultation with the residents.

Delek to sell $1.2b Tamar stake in TASE IPO (Jun 22, 2017 01:57 PM)
Delek Drilling will spin off a 9.25% stake to new company Tamar Petroleum in order to divest from Tamar, in the biggest ever TASE offering.

Herzliya Mayor withdraws city's masterplan (Jun 22, 2017 01:37 PM)
Moshe Fadlon: There wasn't enough consultation with the residents.

Delek to sell $1.2b Tamar stake in TASE IPO (Jun 22, 2017 01:29 PM)
Delek Drilling will spin off a 9.25% stake to new company Tamar Petroleum in order to divest from Tamar in the biggest ever TASE offering.

Police to question Welfare Minister in IAI probe (Jun 22, 2017 01:06 PM)
Investigators in the fraud unit will question Haim Katz about the manipulation of tender for service providers.

Teva loses $235m patent trial to GSK (Jun 22, 2017 12:54 PM)
A US court dismissed Teva's claim that GlaxoSmithKline's patent for the Coreg drug was invalid.

Delek to sell $1.2b Tamar stake in TASE IPO (Jun 22, 2017 12:21 PM)
Delek Drilling will spin off a 9.25% stake to new company Tamar Petroleum in order to divest from Tamar in the biggest ever TASE offering.

Diamond Exchange to set up startup incubator (Jun 22, 2017 12:00 PM)
The new center for diamond and jewelry technologies will be with a consortium including Brinks, and China's Pantheon Pacific.

Delek to sell $1.2b Tamar stake in TASE IPO (Jun 22, 2017 10:26 AM)
Delek Drilling will spin off a 9.25% stake to new company Tamar Petroleum in order to divest from Tamar in the biggest ever TASE offering.

Delek to sell $1.2b Tamar stake in TASE IPO (Jun 22, 2017 10:19 AM)
Delek Drilling will spin off a 9.25% stake to new company Tamar Petroleum in order to divest from Tamar in the biggest ever TASE offering.

OurCrowd launches strategic network of global cos (Jun 22, 2017 09:05 AM)
25 global corporations have already signed up for the Israeli company's OurNetwork including Honda, GE, Samsung Ventures Israel, Intuit, SAP, Autodesk,and YESBank.

Rafael unveils laser based drone interception system (Jun 22, 2017 08:36 AM)
The Israeli defense company's Drone Dome uses radar and a laser beam in order to locate and destroy hostile drones.

China's Innovative Medical cancels Pluristem investment (Jun 22, 2017 07:25 AM)
Pluristem blamed Chinese foreign current regulations, but the Chinese company said it was dissatisfied with the results of due diligence.

Hot seeks to replace Fox News with i24news (Jun 22, 2017 06:28 AM)
The Knesset has passed a bill allowing Hot and Yes to broadcast Patrick Drahi-owned i24news, which is produced in Israel.

Elovitch barred from Bezeq offices (Jun 21, 2017 08:42 PM)
The Tel Aviv Magistrates Court today imposed restrictive conditions on the main suspects in the Bezeq-Elovitch affair. Yes CEO Ran Eilon is under house arrest.

Wed: Bezeq stabilizes as TASE edges up (Jun 21, 2017 06:22 PM)
Bezeq was down only slightly as Mylan led the gains on the market today.

Bar Refaeli testifies in tax assessment appeal (Jun 21, 2017 05:24 PM)
The Israeli super-model is appealing an assessment by the Israel Tax Authority, which claims she lived in Israel in 2009-2010.

Intel joins Team8 cybersecurity syndicate (Jun 21, 2017 04:55 PM)
Intel will join Team8 cyber syndicate members who include Microsoft, Cisco, Qualcomm, AT&T, Citigroup, Accenture, Nokia and Mitsui.

Intel joins Team8 cybersecurity syndicate (Jun 21, 2017 04:18 PM)
Intel will join Team8 cyber syndicate members who include Microsoft, Cisco, Qualcomm, AT&T, Citigroup, Accenture, Nokia and Mitsui.

Intel joins Team8 cybersecurity syndicate (Jun 21, 2017 04:10 PM)
Intel will join Team8 cyber syndicate members who include Microsoft, Cisco, Qualcomm, AT&T, Citigroup, Accenture, Nokia and Mitsui.

Elbit, Israel Aerospace target German market (Jun 21, 2017 02:54 PM)
Israel Aerospace Industries will open a new branch in Berlin.

Court declares Eliezer Fishman bankrupt (Jun 21, 2017 02:51 PM)
Judge Eitan Orenstein has appointed Adv. Joseph Benkel trustee for Fishman's assets in the bankruptcy proceeding.

Israeli co helps Mexican gov't spy on opponents (Jun 21, 2017 02:42 PM)
The Pegasus program breaks into smartphones and eavesdrops and monitors calls, text messages, and e-mails.

El Al orders three more Boeing Dreamliners (Jun 21, 2017 12:56 PM)
The 787 will provide El Al with unmatched fuel efficiency and environmental performance.

Shekel continues to weaken (Jun 21, 2017 11:32 AM)
The widening interest rate gap between Israel and the US is weighing on the shekel.

Elbit Systems wins $20m African Gulfstream deal (Jun 21, 2017 10:54 AM)
Elbit will install its J-MUSIC Directed Infrared Countermeasure (DIRCM) system including an advanced Infrared based Passive Airborne Warning System (IR PAWS).

Regulator slams abuse by controlling shareholders (Jun 21, 2017 10:30 AM)
We do not go easier on celebrities said ISA chairman Shmuel Hauser when speaking about the investigation of Bezeq.

SoftBank invests $100m in Israeli co Cybereason (Jun 21, 2017 09:43 AM)
Cybereason’s proprietary, automated SaaS cybersecurity technology and advanced monitoring services have protected hundreds of Fortune 1000 companies.

TA light rail Green Line northern branches approved (Jun 21, 2017 09:36 AM)
Branches will extend to Herzliya and Ramat Hahayal.

SoftBank invests $100m in Israeli co Cybereason (Jun 21, 2017 09:32 AM)
Cybereason’s proprietary, automated SaaS cybersecurity technology and advanced monitoring services have protected hundreds of Fortune 1000 companies.

Beit Shemesh highway almost complete (Jun 21, 2017 07:04 AM)
The new 10 kilometer stretch of Road 38 links Beit Shemesh with the Tel Aviv - Jerusalem highway.

TA light rail Green Line northern branches approved (Jun 21, 2017 06:58 AM)
Branches will extend to Herzliya and Ramat Hahayal

Regulator slams abuse by controlling shareholders (Jun 21, 2017 06:57 AM)
We do not go easy on celebrities said ISA chairman Shmuel Hauser when speaking about the investigation of Bezeq.

Energean submits Karish, Tanin development plan (Jun 20, 2017 08:11 PM)
The Greek energy company will invest $1.3 billion in developing the offshore Israeli fields with gas flowing by 2020.

Tue: Bezeq probe weighs on market (Jun 20, 2017 06:12 PM)
Bezeq fell sharply due to the ISA investigation but Mylan and Opko rose strongly.

Bond issues postponed due to Bezeq probe (Jun 20, 2017 05:38 PM)
The restructuring of the Elovitch Group has been put on hold.

Hainan plans Tel Aviv - Guangzhou flights (Jun 20, 2017 05:08 PM)
The Chinese airline already operates direct flights from Tel Aviv to Beijing and to Shanghai.

Gal Gadot earned just $300,000 for Wonder Woman – report (Jun 20, 2017 04:47 PM)
The blockbuster movie has accumulated over $500 million in box office receipts in two weeks.

Energean submits Karish, Tanin development plan (Jun 20, 2017 04:16 PM)
The Greek energy company will invest $1.3 billion in developing the offshore Israeli fields with gas flowing by 2020.

Israel Securities Authority raids Bezeq (Jun 20, 2017 03:33 PM)
Bezeq controlling shareholder Shaul Elovitch and senior executives are being questioned in a securities violations probe.

Fishman's creditors agree on bankruptcy proceedings (Jun 20, 2017 02:50 PM)
Fishman: The banks rejected the debt arrangement because of public pressure, not on its merits.

Israel Securities Authority raids Bezeq (Jun 20, 2017 02:30 PM)
Bezeq controlling shareholder Shaul Elovitch and senior executives are being questioned in a securities violations probe.

Israel Securities Authority raids Bezeq (Jun 20, 2017 01:21 PM)
Bezeq controlling shareholder Shaul Elovitch and senior executives are being questioned in a securities violations probe.

Internet Gold bond issue postponed due to Bezeq probe (Jun 20, 2017 01:21 PM)
The restructuring of the Elovitch Group has been put on hold.

Owners seek to rebuild Tel Aviv Carlton Hotel (Jun 20, 2017 12:45 PM)
Opposition to the plan is forming among the residents in the neighborhood.

Israel Aerospace tests long-range LORA missile (Jun 20, 2017 12:36 PM)
LORA is an artillery weapon system with 400 km long-range tactical ground-to-ground missile and precision of 10 meters or better.

Alona Bar-On and Anat Agmon take over "Globes" (Jun 20, 2017 11:26 AM)
Yuval Sigler has been appointed publisher. Bar-On: "Globes" will continue to be an important medium in Israel, while preserving its editorial independence.

Israel Securities Authority raids Bezeq (Jun 20, 2017 10:00 AM)
Bezeq controlling shareholder Shaul Elovitch and senior executives are being questioned in a securities violations probe.

Flug: 9% of employees carry the economy (Jun 19, 2017 07:39 PM)
The Bank of Israel Governor says that the 90% non high-tech employees have low wages and low productivity.

Sela Real Estate buys Mizrahi Tefahot HQ (Jun 19, 2017 07:34 PM)
The bank will lease back the eight floors in Ramat Gan's Moshe Aviv tower but plans moving its head office to Lod.

First quarter housing starts down (Jun 19, 2017 07:23 PM)
Construction of 12,188 housing units began in the first quarter, the fewest since the fourth quarter of 2014.

Mon: Banks lead strong TASE gains (Jun 19, 2017 07:21 PM)
The big banks, Elbit and Airport City led the market higher today as oil Refineries led the declines.

Aeronautics exhibits first military drone (Jun 19, 2017 06:24 PM)
The Pegasus 120 can carry different types of loads including heavy cameras and logistical assistance for troops in combat operations.

Ben Gurion's renovated Terminal 1 inaugurated (Jun 19, 2017 06:22 PM)
The low cost carriers operating from Terminal 1 will pay half the parking fees paid at Terminal 3.

Knesset C'ttee to probe Fishman collapse (Jun 19, 2017 05:52 PM)
The parliamentary committee of inquiry will summon the heads of the leading banks and Bank of Israel officials.

Ashot Ashkelon unveils hybrid emergency aircraft engine (Jun 19, 2017 05:40 PM)
The new engine keeps a plane airborne for 6-15 minutes after its regular engine stops working.

€20m EU loan to fund BiondVax Phase III flu vaccine trial (Jun 19, 2017 05:19 PM)
The Israeli company is developing a universal flu vaccination.

Israeli IoT co Augury raises $17m (Jun 19, 2017 05:03 PM)
The intersection of IoT and AI allows Augury to provide machines with a mechanical nervous system and the awareness to optimize their own health.

Six ventures compete for over-45s entrepreneurs' prize (Jun 19, 2017 04:34 PM)
The Merage Institute will award $100,000 to the winner of its fourth annual 45+ Entrepreneurs competition.

Six ventures compete for over-45s entrepreneurs' prize (Jun 19, 2017 03:09 PM)
The Merage Institute will award $100,000 to the winner of its fourth annual 45+ Entrepreneurs competition.

Israeli IoT co Augury raises $17m (Jun 19, 2017 02:18 PM)
The intersection of IoT and AI allows Augury to provide machines with a mechanical nervous system and the awareness to optimize their own health.

Kibbutzim mull selling Tnuva stake (Jun 19, 2017 02:11 PM)
The kibbutzim are angry about the delay in appointing a head of the Bright Food office in Israel.

Israel Corporation selling Oil Refineries shares (Jun 19, 2017 02:09 PM)
Oil Refineries' share price is falling on large turnover.

TASE launching foreign real estate cos index (Jun 19, 2017 01:52 PM)
The index will be composed of 25 bond series with an aggregate market value of NIS 14.5 billion.

Property & Building, Electra selling Indian project (Jun 19, 2017 12:28 PM)
The two are selling their rights in a residential real estate project in Chennai for $45.5 million.

TASE launching foreign real estate cos index (Jun 19, 2017 12:09 PM)
The index will be composed of 25 bond series with an aggregate market value of NIS 14.5 billion.

Phoenix share sale halted (Jun 19, 2017 11:14 AM)
Sources close to the matter denied that the sale by Jacob Shachar and Israel Kass was halted because of suspicions that inside information had been leaked.

Phoenix share sale halted (Jun 19, 2017 11:00 AM)
Sources close to the matter denied that the sale by Jacob Shachar and Israel Kass was halted because of suspicions that inside information had been leaked.

Gamida Cell raises $40m (Jun 19, 2017 09:47 AM)
The financing round, led by new investor Shavit Capital, will support Gamida Cell's Phase 3 trial of its NiCord bone marrow transplantation product.

Elbit unveils airborne surveillance system (Jun 18, 2017 09:35 PM)
The Israeli company's "Eye in the Sky," for military and homeland security purposes, photographs and records 10 areas simultaneously.

Hadasit sells stem cell co Cell Cure stake (Jun 18, 2017 06:13 PM)
Hadasit sold its 21% stake in Cell Cure, which develops stem cell implants for treatment of retinal degeneration, to BioTime for $12.75 million.

Sun: Teva resumes slide (Jun 18, 2017 06:08 PM)
Teva gave up some of last week's gains while Delek, Strauss and Israel Corp led the TASE higher today.

Israeli cabinet approves worldwide binary options ban (Jun 18, 2017 05:02 PM)
The Knesset is expected to approve the bill, which bans binary options as a form of gambling. 

Apartments sold and rented (Jun 18, 2017 04:35 PM)
A selection of recent real estate deals in Israel including in Ra'anana, Rehovot, Netanya, Holon and Eilat.

First quarter growth revised downwards (Jun 18, 2017 03:02 PM)
The Central Bureau of Statistics now says that the Israeli economy grew at just 1.2% in the first quarter of 2017.

Fox in talks to open Urban Outfitters Israel stores (Jun 18, 2017 02:47 PM)
Fox wants to market the Urban Outfitters, Anthropologie, and Free People brands in Israel.

Union Bank sees shekel weakening against dollar (Jun 18, 2017 01:30 PM)
The bank's economists expect the interest rate difference between the US and Israel to weaken the shekel and move it away from current three year lows.

Herzliya mayor slams Apollonia building plan (Jun 18, 2017 12:45 PM)
Moshe Fadlon: Not a single housing unit should be built on the Apollonia site for 30 years.

Israeli AI code co Codota raises $2m (Jun 18, 2017 12:07 PM)
The Codota pair-programmer, now available for Java, suggests the most appropriate code to developers in real-time.

Double rates on unoccupied homes extended (Jun 18, 2017 11:57 AM)
Minister of Internal Affairs: The measure will increase the supply of rental housing.

Kenon reduces Qoros stake (Jun 18, 2017 11:42 AM)
A new Chinese investor will invest 6.5 billion yuan for one third of loss-making auto venture Qoros.

Gartner names cyber co empow "cool vendor" (Jun 18, 2017 11:09 AM)
Tel Aviv-based startup empow optimizes and orchestrates an organization's existing security tools.

Kenon selling part of Qoros stake (Jun 18, 2017 09:47 AM)
A new Chinese investor will pay Kenon and its partner Chery 6.5 billion yuan for one third of loss-making auto venture Qoros.

Kenon selling control of Qoros to new Chinese investor (Jun 18, 2017 09:43 AM)
The new investor will pay Kenon and its partner Chery 6.5 billion yuan for one third of loss-making auto venture Qoros.

El Al ranked dirtiest, noisiest airline at Heathrow (Jun 16, 2017 07:22 AM)
El Al came fiftieth of fifty airlines ranked in London Heathrow Airport's  Fly Quiet and Clean League Table.

Israeli Startup Companies and Venture Capital from Globes

Diamond Exchange to set up startup incubator (Jun 22, 2017 12:00 PM)
The new center for diamond and jewelry technologies will be with a consortium including Brinks, and China's Pantheon Pacific.

OurCrowd launches strategic network of global cos (Jun 22, 2017 09:05 AM)
25 global corporations have already signed up for the Israeli company's OurNetwork including Honda, GE, Samsung Ventures Israel, Intuit, SAP, Autodesk,and YESBank.

Intel joins Team8 cybersecurity syndicate (Jun 21, 2017 04:55 PM)
Intel will join Team8 cyber syndicate members who include Microsoft, Cisco, Qualcomm, AT&T, Citigroup, Accenture, Nokia and Mitsui.

Intel joins Team8 cybersecurity syndicate (Jun 21, 2017 04:18 PM)
Intel will join Team8 cyber syndicate members who include Microsoft, Cisco, Qualcomm, AT&T, Citigroup, Accenture, Nokia and Mitsui.

Women dominate Israel's life science industry (Jun 21, 2017 01:09 PM)
70% of employees are women says the Nisha placement company. Salaries are generous but not as high as in IT.

SoftBank invests $100m in Israeli co Cybereason (Jun 21, 2017 09:43 AM)
Cybereason’s proprietary, automated SaaS cybersecurity technology and advanced monitoring services have protected hundreds of Fortune 1000 companies.

Softbank invests $100m in Israeli co Cybereason (Jun 21, 2017 08:14 AM)
Cybereason’s proprietary, automated SaaS cybersecurity technology and advanced monitoring services have protected hundreds of Fortune 1000 companies.

Israeli startups hot in Paris (Jun 20, 2017 03:58 PM)
Israeli firms at the Viva Technology Show displayed software taking over what we assumed were exclusively human preserves.

Israeli startups hot in Paris (Jun 19, 2017 06:51 PM)
Israeli firms at the Viva Technology Show displayed software taking over what we assumed were exclusively human preserves.

Israeli IoT co Augury raises $17m (Jun 19, 2017 05:03 PM)
The intersection of IoT and AI allows Augury to provide machines with a mechanical nervous system and the awareness to optimize their own health.

Six ventures compete for over-45s entrepreneurs' prize (Jun 19, 2017 04:34 PM)
The Merage Institute will award $100,000 to the winner of its fourth annual 45+ Entrepreneurs competition.

Gamida Cell raises $40m (Jun 19, 2017 09:47 AM)
The financing round, led by new investor Shavit Capital, will support Gamida Cell's Phase 3 trial of its NiCord bone marrow transplantation product.

Swiss entrepreneur seeks Israeli high-tech investments (Jun 18, 2017 12:41 PM)
Martin Saidler plans an Israel R&D center for his fintech company Centralway and wants to invest in Israeli startups.

Israeli blockchain co Bancor raises $153m (Jun 18, 2017 12:35 PM)
The Tel Aviv based company raised the money in digital currency in a record ICO (initial coin offering).

Israeli AI code co Codota raises $2m (Jun 18, 2017 12:07 PM)
The Codota pair-programmer, now available for Java, suggests the most appropriate code to developers in real-time.

Gartner names cyber co empow "cool vendor" (Jun 18, 2017 11:09 AM)
Tel Aviv-based startup empow optimizes and orchestrates an organization's existing security tools.

Technion to launch $200m VC fund (Jun 15, 2017 10:36 AM)
The fund, in partnership with Hong Kong's UGC and Israel's Genesis, will invest in companies related mainly to the Technion and its alumni.

TV production platform co eTribez raises $3.5m (Jun 14, 2017 06:48 PM)
The company's platform has been used in more than 150 productions in 15 countries.

Chinese fund MizMaa to invest $100m in Israeli startups (Jun 14, 2017 06:35 PM)
The fund, which has already invested in six startups, will invest in cyber security, auto technology, fintech, AI, cloud computing, and robotics.

Political risk evaluation co GeoQuant raises $4m (Jun 14, 2017 06:34 PM)
GeoQuant combines political science and computer science to address current inefficiencies in measuring political risk for investors.

Open source software co WhiteSource raises $10m (Jun 14, 2017 02:33 PM)
The Israeli startup grew revenue 300% year-over-year for the last three years by tapping the need to better track and secure open source assets.

Five advantages of co-working spaces (Jun 14, 2017 12:21 PM)
Urban Place CEO Romain Levy explains why more and more tech companies and big brands work from co-working spaces.

Israeli co GuardKnox protects cars from hackers (Jun 13, 2017 12:11 PM)
After years of technological warfare in the air force, GuardKnox's founders want to safeguard cars against cyber break-ins.

"8200 graduates aren't like 23 year-olds in Texas or Norway" (Jun 5, 2017 07:10 PM)
Team8 CEO and former Unit 8200 commander Brig. Gen. (res.) Nadav Zafrir explains how much Israeli high tech owes to the army's technological units.

“We create liquidity in a world without any" (Jun 4, 2017 08:55 PM)
Israel Secondary Fund, a prominent fund in the secondary market, recently raised $100 million for its second fund. "Globes" talks to two of its managing partners.

Dr. Giora Yaron: Startups need carrots not sticks (May 28, 2017 05:41 PM)
The veteran Israeli high-tech businessman tells "Globes" that Israeli companies must be alert to growing global competition.

Israeli startup seeks to replace antibiotics (May 22, 2017 06:02 PM)
BiomX is planning future treatments for Crohn's Disease, colitis, and even cancer.

LEO Lane planning 3D printing revolution (May 21, 2017 06:11 PM)
Lee-Bath Nelson and Moshe Molcho founded the company to help companies save money by reducing inventory.

RM Global to invest $30m in FutuRx biotech startups (May 19, 2017 03:36 PM)
RM Global Israel's Yaron Breski: Anyone not involved in breakthrough companies from the beginning won't have a foothold in the next scientific revolution.

Number of life sciences cos up 50% in a decade (May 18, 2017 08:45 AM)
IATI: The trend in Israel is away from medical devices and towards digital medicine.


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