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Teva Photo: Reuters Ammar Awad Teva jumps on FDA approval for generic EpiPen

The company's share price climbed sharply on approval of a generic version of Mylan's allergy treatment and a successful Phase III trial for an osteoarthritis drug.

Shapir Photo: Assaf Mordechai Shapir, Pizzaroti to build new Jerusalem entrance highway

Construction of Road 16 will begin next year and should be completed in 2023.

Bezhalel Machlis Photo: Tamar Matsafi Elbit Systems reports 47% jump in profit

The company's orders backlog totaled $8.1 billion at the end of the second quarter.

Kare Schultz photo: PR Teva reports positive results on Phase III chronic pain drug trial

Teva is developing Fasinumab in cooperation with Regeneron Pharmaceuticals for treatment of chronic plain caused by osteoarthritis of the knee or hip.

Nir Sztern photo: Yossi Zwecker Streamlining pushes Cellcom to Q2 loss

One-time expenses for early retirement of 200 employees caused the company a NIS 37 million second-quarter loss.

Seedo Photo: PR Cannabics, Eroll develop medical cannabis growing device

Israeli company Cannabics Pharmaceuticals and Eroll Grow Tech will develop controlled propagation facilities for the medical cannabis industry and cancer treatment.

Energean rig Photo: Company website Energean sees 212 BCM gas potential in Israeli blocks

A geological analysis of the Greek company's five new Israeli licenses estimated the amount of gas in them together with Tanin and Karish as 75% of the Tamar reservoir's contents.

Shekel Photo: ASAP Creative Shekel gains despite lower than expected CPI

The July Consumer Price Index was unchanged but inflation remains between the government's 1%-3% annual inflation target range.

Aeronautics UAV Photo: PR Aeronautics rejects Rafael, Stolero acquisition offer

The Israeli drone manufacturer says that the NIS 430 million offer is too low.

Bank Hapoalim Photo: Tamar Matsafi Bank Hapoalim freezes Q2 dividend payment

The bank reported record profit in the second quarter and has agreed with the Bank of Israel to suspend its dividend payment to help cover any fine from the US tax probe.

Mergers and acquisitions Photo: To Go Tene Fund buys 50% of Huliot from Kibbutz Sde Nehemia

The fund will pay the kibbutz NIS 70 million and inject NIS 30 million into the company.

ProSense Photo: PR IceCure begins eliminating cancer by freezing in Israel

In the coming month, Elisha Hospital in Haifa will start implementing IceCure's treatments for eliminating benign breast tumors and cancerous kidney tumors.

Smadar Barber-Tsadik Photo: Tamar Matsafi First Int'l Bank profit up 45% in Q2

The sale of the Bank Otsar Hahayal's offices boosted First International Bank's return on equity.

Partner CEO Isaac Benbenisti Photo: Amir Gossfried Partner's profit continues to shrink

Partner's television service which surpassed 100,000 subscribers, helped boost its revenue from landline services.

Shekel Photo: ASAP Creative Shekel gains continue as quiet returns to Gaza border

The shekel has benefitted from reports that Prime Minister Benjamin Netanyahu met with Egyptian President Abdel Fattah el-Sisi to promote a ceasefire between Israel and Hamas.

Lilach Asher-Topilsky Discount Bank to lay off 200, sharp rise in profit

Discount Bank's good second quarter results helped it substantially reduce its provisions for credit losses

El Al CEO Gonen Usishkin Photo: Sivan Faraj El Al sinks to loss due to higher fuel costs

El Al's market share of passengers to and from Ben Gurion airport shrank to 26.7% in the second quarter of from 29.5% in the corresponding quarter of 2017.

Warren Buffett Photo: ASAP Creative Buffett's Berkshire Hathaway again increases Teva stake

Berkshire Hathaway now holds 43.25 million shares in the Israeli pharmaceutical company, worth nearly $1 billion.

Shekel Photo: ASAP Creative Shekel stronger as Turkish crisis eases

The shekel is gaining as the focus is again on the fundamental strength of the Israeli economy.

Dexia Photo: Shutterstock Dexia Israel hires Value Base to find buyer

Israel Discount Bank and Bank of Jerusalem have both proposed mergers with Dexia Israel.

Moshe Kahlon  photo: Ronen Zvulun, Reuters State of Israel worth NIS 17.6 trillion

"My responsibility is to prepare the economy for a crisis," Minister of Finance Moshe Kahlon said at the presentation of the Tel Aviv Stock Exchange's valuation of Israel.

strauss Strauss won't raise prices "at least until year-end"

The decision applies to the Elite, Yad Mordechai, Strauss, and Yodvata brands.

Sara Netanyahu in El Al uniform El Al takes delivery of sixth Dreamliner

Sara Netanyahu, who worked as an air hostess for El Al, was among those greeting the new plane at Ben Gurion Airport this morning.

Rakefet Russak-Aminoach  photo: Tamar Matsafi Leumi posts NIS 903m Q2 profit, declares NIS 361m dividend

Finance income in the second quarter jumped 11% to NIS 2.41 billion.

Herzliya house for sale Photo; Eyal Izhar Hapoalim receiver selling Herzliya house for NIS 50m

The house, foreclosed from a Belgian businessperson, is located on Israel's most expensive street.

Shari Arison  photo: Yossi Zeliger BoI seen demanding clarifications from Arison

Being questioned under caution in the Shikun & Binui bribery affair could put Shari Arison's bank control permit in jeopardy.

securities trading  image: Shutterstock ISA moves to regulate broker-dealers

The Israel Securities Authority is sponsoring a bill that calls for broker-dealers to be licensed and to have independent directors.

Mario Blejer Photo: Tamar Matsafi Interview with BoI governor candidate Mario Blejer canceled

Prime Minister Benjamin Netanyahu and Minister of Finance Moshe Kahlon were meant to interview the former Governor of the Central Bank of Argentina today.

Shekel Photo: ASAP Creative Turkish crisis weakens shekel against dollar

The shekel-dollar exchange rate is being influenced today by the Turkish lira crisis, as global investors flee towards the safe havens of the dollar.

fax machine  photo: Shutterstock Check Point warns fax machines vulnerable

A new study by the Israeli cybersecurity company shows that faxes are not as safe as people think.

Shufersal Shufersal posts 23% Q2 profit growth

A decline in operating profit at the supermarket chain was offset by a rise in the value of its assets and a lower finance expense.

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