BeyondMinds shuts down, lays off 65
The Israeli enterprise AI solutions startup is closing after advanced talks to sell the company to a tech giant broke down, CEO Roey Mechrez told "Globes."
Israel's GDP shrinks
According to initial estimates, GDP fell by an annualized 1.6% in the first quarter of this year in comparison with the previous quarter.
Mortgage lending falls back
The total of new mortgages in April was 22% down on March, but still relatively high for the month of the Passover holiday.
Unemployment in Israel rose in March
The unemployment rate in Israel rose to 3.7% in the second half of March, from 3.2% in the first half of the month, the Central Bureau of Statistics reports.