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24/7
Headlines
10:39
Intel’s decision to keep NEX signals stability for Israel’s 350 networking staff
10:29
Intel VP: “We had 11 or 12 layers of management... now it’s 5 or 6”
21:48
From textile recycling to autonomous vessels: The vision behind the Dream Team startups
20:25
ELNET: German business leaders “are looking with admiration and respect towards the Startup Nation”
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Inside the mind of a Nobel physicist: John Martinis on the future of quantum computing
2
Check Point raises $1.75 billion, potentially eyeing AI expansion
3
Hapag-Lloyd eyes ZIM acquisition, workers push back
4
Sequoia’s Shaun Maguire says Israel risks losing “a war it can’t see”
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Nice puts Actimize up for sale at a $1.5-2 billion price tag
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Finance
20 stories about Finance
Israel Approves CRS Tax Regulations, With a Caveat
03.01.19
|
Omri Milman
Israel's parliamentary finance committee approved on Tuesday a series of statutes that will make life a lot harder for tax evaders in the country. Philanthropic Jewish orthodox community lending institutes will be exempted
Citi, Credit Suisse, Goldman Sachs, and J.P. Morgan Back Fintech Startup AccessFintech
16.12.18
|
Lilach Baumer
AccessFintech raised a $17.5 million Series A to further develop its risk and exception management services
Israel Accepted as Member of Global Anti-Money Laundering Organization FATF
11.12.18
|
Lilach Baumer
Financial Action Task Force is an intergovernmental organization founded to create anti-money laundering and anti-terrorism funding policies
Teva Ups Guidance on Third Quarter Results
01.11.18
|
Lilach Baumer
Teva reported revenues of $4.5 billion for the quarter, down from $4.7 billion in the second quarter of 2018, and a 19.6% decrease year-over-year
Tel Aviv High-End Real Estate Deals in Free Fall
10.08.18
|
Nimrod Busso
With tightening local regulation and appreciating shekel, foreign investments have slowed down, while some Israelis are still priced out of the market
Teva's American Dream Boat is Sinking
08.08.18
|
Uri Tal-Tene
Over the past six quarters Teva's North American sales have been in free fall. The company's operating profit is in even worse shape. Mylan's decision to slash the price tag on its generic Copaxone offering further threatens Teva's revenues, meaning the company must hurry to provide the three potential trump cards it has up its sleeve
CyberArk Announces 35% Year-Over-Year Revenue Increase for Second Quarter
08.08.18
|
Lilach Baumer
The information security company upped its guidance for 2018 after exceeding quarterly guidance on all metrics
Regulator Hopes to Pave the Way for Newcomers in Israel’s Rigid Financial Services Market
07.08.18
|
Raheli Bindman
On Monday, Israel’s central bank and Ministry of Finance announced they are working to establish open banking standards in the country
Citing Stable Economic Outlook, S&P Gives Israel Its Highest Credit Rating Ever
05.08.18
|
Omri Milman
On Friday, the credit rating agency upgraded Israel’s rating to AA- with a stable outlook. The higher rating will enable Israel to raise credit with more favorable terms
EMEA Region Drives Radware's Second Quarter Revenues Up
02.08.18
|
CTech
Radware's stock price climbed over 35% in 2018
Orbotech Reports Record Revenues for Second Quarter of 2018
01.08.18
|
CTech
Due to its pending acquisition by KLA-Tencor, Orbotech only provided guidance for its third quarter revenues
Amdocs CEO Eli Gelman to Step Down Effective October 2018
01.08.18
|
Lilach Baumer
On Tuesday, the Nasdaq-listed company announced record revenues of $1 billion for the third quarter but lowered 2018 forecasts
Weakness in the Mobile Sector Drags Down Tower Semiconductor’s Quarterly Profits
26.07.18
|
Hezi Sternlicht
On Thursday, the company reported net profits of $38 million, up 45% from the first quarter of the year but down 24% compared to the second quarter of 2017
Israel Sells 250 Million Euros Worth of Government Bonds at 0.05% Interest
23.07.18
|
Omri Milman
The bonds issuance is part of a wider effort by the Israeli government to encourage Asian investments in Israel
Moody's Upgrades Israel's Outlook to Positive
22.07.18
|
Omri Milman
The change was based on Israel’s favorable fiscal outcomes, strong institutional framework and on its “increasingly resilient economy”
United Overseas Bank Invests in AI-Based Fintech Company Personetics
19.07.18
|
lilach Baumer
UOB said it will use the company's technology to build on its existing AI capabilities and increase its customer engagement in the next two years
More Credit Extended to Hotel Ventures in Israel, Says Local Banker
18.07.18
|
Anat Danieli
Private entrepreneurs and international hotel chains are taking more local credit in the last two years, says Bank Hapoalim’s Tzahi Cohen
Mellanox Upgrades Outlook Following Record Quarterly Revenues
18.07.18
|
Dror Reich
In June, Mellanox's board settled its differences with activist investor Starboard, which has been aggressively pushing for far-reaching changes since November
Small-Time Israeli Real Estate Investors See Golden Opportunity in Greek Market
10.07.18
|
Roni Dori
Real estate prices in Greece dropped by as much as 40% in the last decade due to a prolonged economic crisis in the country
Trading Firm Plus500 Upgrades to Main Market of London Exchange
27.06.18
|
Dror Reich
The company’s stock shot up by over 2000% since it listed on AIM, London’s sub-market, five years ago
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