MARKET

The Israeli currency is weakening as global markets go into a tailspin over the discovery of a new Covid variant in southern Africa.

The investment will finance clinical development of AstroRx for the treatment of ALS and to begin the clinical development of IsletRx, as a cure for insulin-dependent diabetes.

The Abu Dhabi company is buying a 22% stake in the Israeli gas field from Delek Drilling for $1 billion.

SentinelOne, monday.com and Global-e are flourishing but the other 17 Israeli companies are losing ground. "Globes" analyzes why.

The company is in advanced talks with the State Attorney's Office on a deal over alleged bribery of public officials in Africa.

The acquisition will allow the Israeli company to make its e-commerce platform available to small merchants currently not eligible to use its services.

The Rodev Group is offering to buy Hutchison's 27.1% stake for about $300 million.

The Israeli currency lost nearly 2% of its value against the dollar today but rebounded after the representative rate was set.

The upgrade could lead to the going concern qualification being removed from Delek Group's financial statements.

The airline's revenue grew in the third quarter, but restructuring expenses and higher operational costs led to a loss of $136 million.

Andrew Abir tells "Globes" that the Bank of Israel can afford to maintain an expansionary monetary policy.

The former owner of Shikun & Binui, Shari Arison, and Arison Investments chairman and CEO Efrat Peled, will not be indicted in the Shikun & Binui bribery affair.

Driver Sense uses AI and computer vision algorithms to monitor real-time visual cues for signs of driver drowsiness, distraction, and other dangerous actions.

Over the past six months, Israeli publicly traded tech companies have gone on a spending spree, acquiring overseas and Israeli startups.

Israelis took NIS 10.7 billion worth of mortgages in October, the Bank of Israel reports.

A technology meant to generate trust has become fertile ground for the oldest con in the book.

Goldman Sachs: The Bank of Israel will be prepared to let the shekel strengthen while exports are not harmed.

The bank's annualized return on equity in the quarter was 14.5%.

The Israeli media content recommendation company will pay $55 million in cash and shares.

Perrigo is delisting its shares from the TASE after divesting its Israeli-based operations earlier this year.

The Israeli company's masks include treated fabric with a very high effectiveness level in neutralizing the Covid pandemic's Delta variant.

The Israeli cybersecurity company's cofounder and president is Tamir Pardo, the former head of the Mossad.

Because of the delay in production from the Karish reservoir, Dalia Power is seeking to supply all its gas needs from Tamar.

In September, Mubadala agreed to buy 22% of the rights to the Tamar gas field from Delek Drilling for $1 billion.

The company provides equity-free flexible funding and supply chain management tools for eCommerce sellers.

Avi Gabbay has taken the strategic decision to own an Israeli telecom company rather than just manage one.

Israel's financial services regulator is catching up with the global investment trend on environment, social, and governance risks.

El Al controlling shareholder Kenny Rozenberg will be required to invest a matching sum.

A bid by Gabbay to buy out Celllcom together with other investors was rebuffed.

During Gabbay's short tenure Cellcom has returned to profitability and its share price has risen 34%.

Penalized for being profitable? As investors go for growth or bust, cybersecurity pioneer Check Point could drop out of the Nasdaq 100.