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Israel's back-breaking yearly inflation rate soars to 5.2%

Inflation rate keeps exceeding all forecasts as consumer price index in Israel rose by 1.1% in July, sending annual inflation rate over 5% in first since 2008; housing prices complete 17.8% hike in one year

Gad Lior , 21:45, 08.15.22

Israel nabs 3 over international probe of cryptocurrency crimes

After months-long covert investigation, in cooperation with Interpol and tax authorities, police catch men suspected of defrauding French government, money laundering and tax evasion in 'complex' ruse

Gad Lior, Roy Rubinstein , 12:06, 08.15.22

E-commerce giant AliExpress expands to Israel

Chinese online retail service aims to construct warehouses in Israel to cut delivery times, which can take up to a month, as well as reduce prices for shoppers

i24NEWS , 23:17, 08.10.22

What does Meta's new chatbot think about Israel and the Jews?

Social media giant's latest effort BlenderBot 3 feeds off user feedback and texts available online to improve, with its algorithm programmed to avoid touchy topics and filter out unsavory comments

Yuval Mann , 23:30, 08.08.22

How Israeli software helps Ukrainian authorities save lives amid war

Founder and CEO of Carbyne says using real-time location, video, photos, and texts from civilian smart devices, emergency services can respond efficiently to incidents, making software crucial for Ukrainian rescue teams

Oshrit Gan-El , 09:41, 08.05.22

Hackers target Israeli Facebook pages using content filter breach

Israel Internet Association says attackers manipulate platform's content filter mechanism to take over business pages, flood them with harmful content and triggering suspensions

Roei Hahn , 21:01, 08.01.22

Israel bans use of large sums of cash from August 1

Cash deals exceeding 6,000 NIS ($1,700) will be illegal, as part of the effort to fight money laundering and criminal activity; the law will exempt charitable institutions and trade with West Bank Palestinians

The Media Line , 12:10, 08.01.22

Bank of Israel MPC member to step down at end of 2022

Central bank governor says will appoint a committee to find a replacement for Michel Strawczynski, who is stepping down in order to take up job in academia

Reuters , 15:35, 07.31.22

Israel's Teva reaches proposed $4.35 bln settlement of U.S. opioid lawsuits

Proposal calls pharmaceutical company to pay state and local governments up to $3.7 billion in cash over 13 years plus a contribution of $1.2 billion worth of opioid overdose reversal drug

Reuters , 10:54, 07.27.22

Israel to limit bread price hikes, control to end by April 2023

PM and Economy Minister Barbivai decide on scheme to moderate price increases, but another scheduled for December; food chains agree to put a cap on price rises for two weeks

Itamar Eichner , 22:43, 07.25.22

Israeli company develops scientifically crafted vanilla

Tel Aviv-based Vanilla Vida uses computer-guided curing process and other high-tech cultivation methods to match each batch of vanilla to a specific taste, which compared to other vanilla products, described as 'day and night'

AFP, Ynet , 11:29, 07.25.22

Economic uncertainty fuels Israeli tech sector slump, data shows

Latest figures by Start-Up Nation Policy Institute show investments and financing rounds plummeted in first half of 2022, as startups went through 404 investment rounds, compared to 551 for the same period last year

The Media Line , 13:57, 07.23.22

Britain launches free trade talks with Israel

Seeking to expand its trade agreements, UK looks to Israel as a 'modern, high-tech superpower' to join forces 'in a revamped deal' to 'boost trade, support jobs and help take economic relationship to the next level'

Reuters , 21:24, 07.20.22

Bank of Israel examining access of immigrant funds in Russia within sanctions

Central bank says it is aware of sensitive nature and importance of the issue and was acting within legal and regulatory frameworks; however, it won't enable bypassing of international sanctions imposed by on Russia amid war

Reuters , 18:38, 07.20.22

Israel seeks transfer of Russian funds to immigrants amid Ukraine war

Finance Ministry says among one million former Soviet Union immigrants in Israel, 57,000 are retirees who receive Russian pensions, which have been frozen due to sanctions imposed by West on Moscow over invasion

Reuters, Ynet , 14:53, 07.19.22

Israeli Arab app revolutionizes food deliveries in rural communities

Haat seeks to cater to communities with less established infrastructure, unlike its competitors that focus on metropolitan areas, and eyes expanding to more markets in Israel and abroad

Merav Crystal , 17:59, 07.18.22

Thai democracy activists targeted by Pegasus spyware

Canadian cybersecurity watchdog Citizen Lab reports some 30 activists were targeted by NSO malware from October 2020 to November 2021, coinciding with a period of widespread anti-regime protests

AFP , 13:38, 07.18.22

Health Ministry website down after Iranian cyberattack

Pro-Iranian hacker group Al-Tahira claims responsibility for latest attack after series of similar incidents last week; 'Now our focus is on you,' group says on Telegram

Adir Yanko, Itamar Eichner , 22:53, 07.17.22

Weak euro could strengthen Israeli economy, experts say

Euro and U.S. dollar reach parity for the first time in 20 years amid European energy crisis and economic uncertainty, but what does the Israeli market stand to gain from all of this?

The Media Line , 23:33, 07.16.22

Israel's Teva reaches opioid settlement in San Francisco

Company to pay 25 million dollars in cash and 20 million in supplies for overdose-reversal drugs after charges it fueled opioid epidemic but does not admit responsibility; hopes to settle U.S. nation liability by end of year

Reuters , 10:27, 07.13.22

NASA space telescope's 1st cosmic view goes deep

Image shows what astronomers say is the early universe dating back 13 billion years calling it 'absolutely spectacular, absolutely amazing' as James Webb able to see backwards in time to just after the Big Bang

Associated Press , 08:08, 07.12.22

The crisis does not skip Keter: Repayment date of debt is approaching, pressure is mounting

After Keter’s CEO, Alejandro Pena, failed to lead the company to an IPO and refinance its debt, BC Partners must now seek a financing solution within three months

Golan Hazani , 19:45, 07.07.22

Uber launching its ride-hailing service in Israel again

Unlike in other countries, company in Israel would work with licensed taxi drivers only; services initially available only in Jerusalem, Tel Aviv, and for trips to the airport

i24NEWS , 18:24, 07.06.22

Bank of Israel announces steepest hike to key rate in 11 years

Central bank governor Prof. Amir Yaron announces interest rate increased to 1.25% and says bank adamant about cooling off inflation and bringing it back to its previous inflation target

Gad Lior , 17:46, 07.04.22

Ben & Jerry’s says opposes parent company’s plan to sell brand’s Israel rights

'We do not agree with it,' frozen treat makers say after Unilever announced it would sell its Israel business interests in Ben & Jerry’s to Israeli distributor

Andrew Lapin/JTA , 23:27, 06.30.22

American clothing brand 'Old Navy' on its way to Israel

Reports say store locations are already being scouted with businessman Harel Vizel working to bring the popular clothing chain to Israel; Vizel's online shopping site 'Terminal X' recently began carrying the brand in its shop

Nevit Zomer , 16:47, 06.29.22

WhatsApp founder spotted in Tel Aviv

Known for staying under the radar, billionaire cofounder of popular App, Jan Koum seen shopping in trendy quarter surrounded by security guards; despite Apps popularity, founder avoids media attention

Bar Zaga , 19:58, 06.21.22

Israel economy can grow despite more political woes, central bank chief says

Casualty of the government's collapse is the 2023 budget, slated for a cabinet vote this week, to be finalized in November but delayed by the political turmoil; Liberman says not allow 'election economics'

Reuters , 17:58, 06.21.22

Egyptian business leaders visit Israel as part of QIZ trade agreement

Financial ties between countries further tighten after signing of gas export deal with EU; 'partnership will strengthen business ties between countries and promote economic growth, prosperity, and wellbeing,' minister says

i24NEWS , 20:22, 06.20.22

Israeli entrepreneur says 'incredible potential' for business with Saudis

As Eyal Waldman, chairman of Waldo Holdings, returns from 4-day visit to Gulf kingdom, he says Saudi hosts keen to begin cooperating with Israeli businesses ahead of 2030, when oil revenues no longer main source of income

Attila Somfalvi , 16:10, 06.19.22

Cost of consumer goods in Israel on the rise, report says

Central Bureau of Statistics says inflation still moderate at 4.1% compared to other countries, but housing prices surged 15.4% in the past year, along with mild increase in food, clothing, and entertainment costs

i24NEWS, Ynet , 15:26, 06.16.22

Unilever shareholder sues over Ben & Jerry's Israel boycott

Investors file class action against British consumer goods company in Manhattan federal court for allegedly breaching fiduciary duty by 'improperly concealing decision before it was announced'

Reuters , 08:58, 06.16.22

L3Harris in talks to buy Israeli spyware firm NSO, reports say

Deal with U.S. defense contractor could see controversy-riven company removed from Commerce Department banned list as purchase raises counterintelligence and security concerns in Washington

Reuters , 19:43, 06.15.22

Egypt and Israel to boost gas supply to EU amid Ukraine war

EU's historic natural gas export deal will bring Israeli gas via pipeline to Egypt before being transported to Europe; set to last 5 years, deal marks first 'significant' exports of Israeli gas to continent

Associated Press , 13:28, 06.15.22

Iranian hackers successfully breach senior Israeli officials' emails, cybersecurity firm says

Checkpoint reveals hackers retrieve documents and information from Israelis to be used to lure others into dedicated servers to expand access to high level officials

Roy Han , 14:22, 06.14.22