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U.S. accuses Israel’s Teva of fixing drug prices

44 U.S. states file a lawsuit against the pharmaceutical giant, claiming between 2013 and 2015, Teva USA along with 19 other drug companies engaged in illegal conspiracies to divide up the market for drugs to avoid competing

Reuters , 11:36 , 08.26.20

How some Israelis dodge COVID-19 tracking

Those fearing a quarantine order after unwittingly being near a coronavirus carrier, render themselves untraceable by switching their cellphones to 'airplane mode' or using 'burner' SIM cards instead

Reuters , 22:48 , 08.23.20

Israelis eager to tighten ties to UAE after historic accord

Prospect of mutual embassies, expanding tourism to the Gulf and solidifying business opportunities with another country that shares Israel's penchant for technology, innovation has Israelis salivating

Associated Press , 20:30 , 08.17.20

'We are in recession and government is making it worse'

Economics professor says state should supplement low-income jobs to encourage return to workforce, accuses Netanyahu of populist policies and 'petty politics' as Israel sees its worst fall in GDP for 40 years

Attila Somfalvi , 18:00 , 08.17.20

Israel Q2 registers worst GDP drop in 40 years

Netanyahu says gov't to approve $2.5 billion stimulus package to strengthen the economy though insists other countries suffering greater reduction to GDP caused by the coronavirus pandemic

i24NEWS , 21:11 , 08.16.20

Israel successfully tests advanced missile defense system

The test of Arrow-2, multi-layered system meant to defend against short, mid and long-range missiles, was conducted overnight jointly with the U.S. Missile Defense Agency; it includes Iron Dome, David's Sling and Arrow-3 all in one

Associated Press , 13:04 , 08.13.20

Central bank: Israel ranks last in virus assistance to citizens

Report says country only offers equivalent to 3.3% of GDP, compared to 11.5% in Australia and 9.8% in U.S.; institution hails its own performance during crisis, saying it managed to eliminate panic in markets; Finance Ministry disputes bank's calculations, says higher proportion of GDP earmarked for assistance

Gad Lior , 16:06 , 08.11.20

Singapore trials automated Israeli drones to enforce virus rules

The small machines, developed by Israel's Airobotics, are programmed to track anomalies such as gatherings and are used by Singaporeans to enforce social distancing measures meant to curb the spread of COVID-19

Reuters , 14:41 , 08.06.20

Employment service: 3 times more Israelis laid off in last 24 hours than rehired

Senior official says rise in unemployment possibly consists of workers previously furloughed but now fired by employers facing financial woes, notes government not funding vocational training

Billy Frenkel , 15:59 , 07.21.20

Coronavirus endangers Israel's high-tech ecosystem

Despite promising investment figures, experts warn that economic uncertainty caused by the global pandemic could spell wide-scale layoffs in the near future; some, however, remain optimistic that the industry can weather the storm

The Media Line , 18:43 , 07.18.20

Israeli startup allows actors to shoot scenes from home

New technology manages to accurately manipulate images according to a source video; D-ID claims service not meant to replace actors, but allow them to work from home during and after virus pandemic

Yuval Man , 15:28 , 07.15.20

Israel's unemployment rate almost doubles in month as virus decimates economy

CBS report shows rise in overall dismissals, with most reported in the food and beverage industry; one fifth of business owners predict a 50% drop in income in coming months, with many shifting online or introducing home deliveries

Billie Frenkel , 15:51 , 07.14.20

Catalan politician suspects phone tapped by state using Israeli spyware

Cybersecurity experts warn parliament speaker, 2 other separatist politicians phones hacked; Spanish gov't says not aware of any such spying; NSO declines to say if software sold to Spain

Reuters , 15:21 , 07.14.20

850,000 jobless Israelis but no funds for vocational training

In 2019, NIS 66 million earmarked for workplace training, but only one third of that allocated in 2020 due to political stagnation; promised budget of NIS 50 million only enough to retrain 1% of Israel's growing unemployed population

Shahar Ilan , 14:08 , 07.14.20

Israeli court rejects petition to curb spyware company

Judge dismisses Amnesty's legal bid, which alleged that governments around the world use NSO's cellphone hacking software and the firm should therefore have its export license revoked

Reuters , 15:32 , 07.13.20

Report: Almost half of Israelis worry about paying bills

Study finds many Israelis claim their financial situation worsened due to coronavirus crisis and see no improvement in near future; staggering decline in demand for working hands

Billy Frenkel, Nina Fuchs , 18:46 , 07.12.20

Israel pushes back creation of sovereign wealth fund as gas revenue trickles in

Bank of Israel deputy governor says due to a slower stream of gas revenue and a political turmoil have delayed the creation of the fund until the end of 2021, when the minimum needed to begin investing is reached

Reuters , 21:43 , 07.07.20

Israeli airline El Al reaches bailout deal with government

Letting the company fail would have left Israel, which is bordered by Arab states, largely dependent on foreign airlines for its international travel; El Al has played a central role in flying in immigrants from around the world

Associated Press , 21:58 , 07.06.20

El Al to become leaner after government bailout

Aid packages proposed by Finance Ministry to help national carrier see company giving up major shares to state control, cancel some of its short haul fleet and suspend unprofitable routs

Reuters , 17:45 , 07.05.20

Almost half of Israel's unemployed are under age of 34

Employment Service report says women comprise 61% of jobless below age of 24, warns coronavirus crisis set to further worsen job prospects for young Israelis, a sector that already has lower employment rate than most OECD counterparts

Shahar Ilan , 20:10 , 06.30.20

Ministers extend coronavirus unemployment benefit eligibility until mid-August

Decision guarantees continued financial support to some 250,00 Israelis whose compensations were set to expire in July, extends eligibility for grants to workers over 67 who will not return to work

Gad Lior, Itamar Eichner , 20:16 , 06.28.20

Over 1/4 million Israelis in danger of losing unemployment benefits

Welfare minister, National Insurance chief urge government to extend coronavirus emergency measures; major Israeli cities record 500% average climb in unemployed, with Arab communities recording joblessness spikes of over 1000%

Gad Lior , 11:50 , 06.28.20

Exactly how much is Benjamin Netanyahu worth?

As the Knesset Finance Committee approves the prime minister's request for a retroactive tax return worth about NIS 1 million (approx. $291,000), we take a look at his personal assets and what the decision means for the country

Gad Lior, Zvi Zerahia, CTech , 19:44 , 06.27.20

IKEA scales down Israel operations, cites changes in consumer behavior

Multinational furniture chain implements streamlining actions, including shortening business hours and offering retirement packages for employees whose furlough has been extended

Merav Crystal , 18:43 , 06.23.20

Israeli central bank forecasting gets real during pandemic

With data provided by the government getting increasingly unreliable due to health crisis, Bank of Israel turns to real-time data to monitor people's financial habits, with data being provided by credit card companies, Apple and Google

Reuters , 15:34 , 06.23.20

Israeli mask maker Sonovia expects 99% coronavirus success after lab test

Company chief technology officer says reusable anti-viral masks are coated in zinc oxide nanoparticles that destroy bacteria, fungi, and viruses and their material can also be used to make PPE for medical teams and seat covers for public transport

Reuters , 13:22 , 06.22.20

Tel Aviv University's online cybersecurity course ranked first in the world

Free course 'Unlocking Information Security' clutches first place half a year after its launch, surpassing renowned courses from universities such as Stanford and Princeton

i24NEWS , 22:57 , 06.21.20

Israeli company embroiled in massive spyware effort targeting Chrome users

Unclear who is behind bid to distribute malware, but all 15,000+ domains involved were bought from Netanya-based Galcomm, which denies role; cyber security expert says firm should have known what was happening

Reuters , 12:33 , 06.18.20

Report: Israeli financial tech records banner year in 2019

Despite seeing record investments in Israeli high-tech companies, startup revenues are expected to plummet as corporations forced to cut down innovation budgets due to coronavirus pandemic

AFP , 20:41 , 06.17.20

H&M clothing giant opening first outlet store in Israel

The new location in north comes after Swedish fashion company was forced to shut down for two months due to the coronavirus crisis, and as a result found itself needing to offload unsold items

Meirav Crystal , 15:26 , 06.17.20

Israel sees grim unemployment figures, with low earners hit hardest

Jobless numbers remain high, with almost 1 million looking for work, leading to concerns even those able to land available positions will have difficulty negotiating fair pay in the short and medium-term

i24NEWS , 08:12 , 06.17.20

El Al airline may be heading back into state hands

Two decades ago airlines privatization was promoted and facilitated by then Finance Minister Benjamin Netanyahu but now the state through efforts to save EL Al might become a majority shareholder once again

Reuters , 18:35 , 06.10.20

Israel expects half million jobless by start of 2021

Government's economy officials estimate unemployment rate will stand around 10%-11% by January after peaking at 27.5% in April; Israel's labor union warns if current law is not amended, 300,000 jobless won't receive unemployment benefits in June

Gad Lior , 10:54 , 06.07.20

In first, classified Israeli missile hits 400km target range

LORA weapons system, a theater quasi-ballistic missile, was developed by the Israel Aerospace Industries and has been tested two months ago at sea to tryout its effectiveness in naval warfare

Yoav Zitun, i24NEWS , 18:48 , 06.02.20

65% of small Israeli start-ups could succumb to COVID-19: survey

many early-stage technology companies are facing bankruptcy, and the industry is not receiving sufficient assistance from the Israeli government claims Karin Mayer Rubinstein CEO of Israel Advanced Technology Industries

AFP , 21:37 , 05.31.20