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Joel Bar-El and Dror Feldheim Photo: PR Trax buys Shopkick for $200m

The Israeli image recognition for retail goods company has acquired a US company with a platform that provides it with access to consumers.

Zahi Nahmias Photo: Miri Nahmias Mega Or sells Modi'in logistics center at record low return

Value Base: The return at which the deal took place was the lowest ever for an Israeli public income-producing real estate company.

Mergers and acquisitions Photo: To Go MTI buys 50% stake in Parkland Australia

The acquired company distributes water control solutions for MTI's subsidiary Mottech Water Solutions.

Ittai Ben-Zeev  photo: Tamar Matsafi TASE chooses bookrunner for its IPO

Jefferies will lead the offering, with participation from Leader, Barak Capital, Leumi Parters, and Poalim IBI.

Bitcoin  Image: Reuters Israeli brothers suspected of stealing bitcoins worth $100m

Israel Police alleges that Eli and Asaf Gigi broke into accounts at Bitfinex, one of the world's largest cryptocurrency exchanges.

Amir Yaron  photo: Rafi Kutz BoI Governor: Next government must raise taxes

Governor of the Bank of Israel Amir Yaron warned today's cabinet meeting on spending cuts that the fiscal deficit was liable to exceed 4.5% of GDP.

Bet Shemesh Engines  photo: Tamar Matzafi PWC extends Bet Shemesh Engines contract to 2039

Bet Shemesh Engines says that its revenue from the agreement with Pratt & Whitney Canada will total $800 million in the next 20 years.

Teva Photo: Sivan Faraj Teva's opioid settlement back on track in Oklahoma

The Governor of Oklahoma has reached agreement with the state attorney on how the money paid by Teva will be distributed.

Eyal Waldman and Jensen Huang Photo: Kadia Levy Mellanox shareholders approve Nvidia takeover

99.5% of the shareholder votes were in favor of Nvidia's $7.36 billion cash offer.

Ofra Strauss Photo: Eyal Izhar Scotiabank takes position in Strauss

The Canadian bank's 5% holding in Strauss Group makes it a party at interest in the company.

David Forer Photo: Rafi Deloyet / Photo: Rafi Deluya, Searchlight Bezeq acquisition agreed

Harel says that agreement was reached after B Communications agreed to its demands.

Kare Schultz Photo: Shlomi Yosef Teva no longer largest generic drugmaker

After the Israeli company fell again on Wall Street, rival generics pharmaceutical company Mylan now has a larger market cap than Teva.

Shekel Photo: ASAP Creative Shekel gains sharply following Fed's dovish remarks

With President Trump eager for a rate cut, "Bloomberg" reports that he has been telling confidants that he has the authority to replace Fed Chair Jerome Powell.

Pnina Fishman photo: Eyal Izhar Can-Fite fights hostile takeover

The Israeli drug development company, which has the worst-performing stock on the Tel Aviv Stock Exchange so far this year, has filed a NIS 40 million lawsuit against Capital Point.

Ronen Samuel Photo: PR Kornit Digital underwriters exercise options

This brings the total raised in the Israeli textile printing solutions company's offering to $137.3 million.

Lipstick Building  photo Shutterstock Property & Building decides against NY's Lipstick Building

The company announced that after an initial examination it had decided not to proceed.

Morris Laster Photo: Eyal Izhar Scopus Biopharma to raise $25m on Nasdaq

The company's drugs are based on the body's endocannabinoid system, but not on the cannabis plant.

Tel Aviv Stock Exchange Photo: Eli Yizhar Citi closing Israel research department

The closure reflects lack of interest by foreign investors in the Tel Aviv Stock exchange.

Foresight Photo: PR Foresight soars after Elbit deal

Elbit will integrate Foresight's image processing software in its products.

Shekel Photo: ASAP Creative Shekel gains as Fed mulls rate cut

Yesterday ECB president Mario Draghi made dovish comments that upset US President Donald Trump.

Rafi Amit Chroma completes acquisition of 20% Camtek stake

The Taiwanese company is paying $74.3 million for a 20% stake in the Israeli metrology and inspection equipment manufacturer.

Elbit's DIRCM system Elbit wins $73m German aircraft protection deal

The Israeli defense electronics company will work closely with Germany's Diehl for the integration of the systems inside A400M aircraft.

Aviv Geffen Photo: Reuters Aviv Geffen joins cannabis co Intelicanna

The Israeli rock star will help build and front an ad campaign and will receive 100,000 share options at an exercise price of NIS 6.60 per share.

David Fattal Photo; Eyal Izhar Fattal to open hotel in historic Tel Aviv building

The luxury boutique hotel in a Bauhaus building near Dizengoff Square will have 90 rooms.

David Levi Photo: Company website Ethernity Networks soars on Chinese deal

Communications equipment manufacturer FiberHome will use Ethernity's programmable hardware in its product.

Ran Oz  photo: Rami Zarnegar Can Migdal's new CEO restore its glory?

An impatient owner and a hands-on chairman are just the start of the challenges Ran Oz faces at Migdal Insurance.

Erez Antebi Photo: Eyal Izhar Allot expanding operations, to hire dozens in Israel

The company has changed its business focus, emerged from its crisis, and resumed its revenue growth.

Patrick Drahi Photo: Rami Zranger Patrick Drahi acquires Sotheby's for $3.7b

The Franco-Israeli telecom entrepreneur is paying a 61% premium on the share price of the world's largest art auction house.

Teva Photo: ASAP Creative Shutterstock Citi slashes Teva price target

Citi still rates Teva "Buy", but acknowledges that "near-term opioid-related catalysts are unlikely to alleviate investor concerns."

Eaty Photo: Tnuva Tnuva plans selling direct to consumers

Tnuva is launching an online sales venture for home cooking kits, including ingredients and recipes.

Elbit Condor Photo: Elbit Systems Elbit unveils CONDOR MS long-range surveillance

The CONDOR family of systems is integrated onboard a variety of platforms among them the F-16 A/B/C/D/I, F-4, SU-30 and B-737.

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