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Business
Plans to open Dutch SPAR stores in Israel hit snag
Local franchise owner, businessman Amit Zeev, parts ways with Yitzhak Mirilashvili who owned 19% of the business; says is now looking for new investors
Navit Zomer
|
10.06.24
'Clear warning sign': Israel's high-tech employee numbers stagnate
New Israel Innovation Authority report shows number of new tech workers entering sector has diminished greatly since 2022; report commends sector for withstanding Gaza war
Israel Wolman
|
09.23.24
Sports wear brand OYSHO heading to Israel
Zara's Israeli franchisee moves to import Spanish clothing brand and is looking to open up to 12 new locations throughout the country in 2025
Orna Yefet/Calcalist
|
09.10.24
Israeli girls cash in on gel nail polish trend
An increasing number of youths in Israel see the trendy fashion accessory as a potent way to pursue a creative pastime while earning money
Maya Benita
|
09.03.24
Israeli tech companies continue to struggle amid war, local report shows
Data from Israeli group investing in 50 leading Israeli tech companies shows promising companies lost millions in valuation amid local and international troubles
Meir Orbach/Calcalist
|
08.26.24
Johnson & Johnson to acquire Israeli medtech firm V-Wave
V-Wave’s device, implanted in the heart through a minimally invasive procedure, aims to reduce heart failure and related complications
Meir Orbach
|
08.21.24
Israeli synthetic diamond company faces insolvency
Benny Landa's Lusix, a lab-grown diamond manufacturer, notifies creditors of plans to file for insolvency after an unsuccessful attempt to secure a $15 million cash injection from shareholders
Golan Hazani
|
08.19.24
What does Fitch's decision to downgrade Israel's credit rating mean for its economy
International rating agency has become the third to downgrade Israel’s credit rating, citing concerns over controversial financial policies and ongoing regional tensions
Gad Lior
|
08.14.24
UAE to invest $1 billion in Israeli-French billionaire's company
Abu Dhabi fund joins Israeli-French media mogul Patrick Drahi's Sotheby's, providing him a lifeline after Qatar funding falls through over Gaza war
Daniel Edelson, New York
|
08.11.24
Largest UK pension fund divests from Israel amid war
USS announces move citing worried costumers about further investments in the Middle East and Jerusalem; U.S. investment in country soars
Calcalist
|
08.08.24
Billionaire blues: The private jet scam that fooled Israel’s rich
Many of Israel's wealthiest and top executives entrusted Yaniv Salmon with hefty deposits for private jet access, only to find he used the funds to cover massive debts, leaving them without a jet and saddled with a loss
Golan Hazani, Calcalist
|
08.05.24
How will Intel's crash affect the Israeli market?
The computer chip giant's plans to cut thousands of employees following miserable earnings report won't pass over Israel but observers say local staff employed in critical company sectors and may be spared compared to less profitable units
Israel Wullman
|
08.04.24
Intel set to cut thousands of employees
Technology giant takes first steps in its planned efficiency initiative following falling market share and lackluster product lineup compared to competition, report says
News Agencies
|
07.31.24
'For a child to succeed, all he needs is one adult to believe in him, same is true in business'
Entrepreneur Gal Almog was a successful CEO in the company he founded until he was abruptly replaced; In an interview with Ynet, he shares the keys to success in business
Anat Lev-Adler
|
07.27.24
Amdocs to slash workforce by 3,000 in latest round of layoffs
Software giant aims to reduce workforce by up to 10% in order to 'adjust operations'; many of company's Israeli employees estimated to be affected
Meir Orbach/Calcalist
|
07.19.24
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