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Bezeq Bezeq directors on subsidiaries' boards in breach of license

According to Bezeq's license, only the company chairman can be a director in the company's subsidiaries.

Teva Ashdod workers' demonstration  photo: Histadrut Court allows closure of Teva's Ashdod plant

The Beersheva District Court rejected the Histadrut's claim that Teva had acted in bad faith.

Gil Shwed  photo: Eyal Izhar Check Point to give Shwed options worth $144m

Check Point co-founder and CEO Gil Shwed owns 19.1% of the company, worth $3.4 billion.

Ron Hadassi  photo: Eyal Izhar Elbit Imaging to sell shares in Elbit Medical

Elbit Imaging has agreed to sell up to 50% of Elbit Medical to Exigent Capital at a 6% discount.

Ishay Davidi  photo; Tamar Matsafi Orbit wins NIS 109m US Air Force deal

Orbit's share price has risen 49% since the FIMI fund acquired control of the company.

Shekel Photo: ASAP Creative Shekel weakens as dollar gains worldwide

The dollar is stronger on international forex markets after US Federal Reserve chairman Jerome Powell gave an upbeat assessment of the US economy.

Eyal Waldman  photo: courtesy Mellanox Technologies Mellanox beats analysts, raises guidance

The company is projecting $1.065-1.085 billion in revenue in 2018.

Assaf Itshayek Photo: Shlomi Yosef Somoto publishes strong Q2 preliminary results

The Israeli company's video ad sector returned to profitability, due to completion of the management's comprehensive streamlining plan.

Zehavit Cohen  photo: Rami Zarnegar Apax set for Zap TASE floatation next month

Apax is trying to sell shares in the Internet company at a NIS 650-700 million company value after buying them at a company value of NIS 145 million.

Malkhah Mall Photo: PR Azrieli plans major expansion for Jerusalem mall

Azrieli plans adding stores facing the street, a 21-floor office tower and sheltered housing to the Malcha mall.

Cotton Photo: Shutterstock Evogene collaborates with IMAmt on cotton weevils

Evogene will identify genes predicted to be effective against Cotton Boll Weevil and Fall Armyworm, and IMAmt will validate the candidate toxins in cotton.

Shekel Photo: ASAP Creative Shekel gains as inflation climbs

The Israeli currency is strengthening as inflation returns to the government's 1%-3% target range, making interest rate hikes possible.

Datorama  photo: PR What makes Datorama worth $850m to Salesforce?

Datorama has grown rapidly into a company with significant revenue and major customers, but its contribution to Salesforce lies ahead.

Hedva Ber BoI lifts restrictions on banks buying back shares

A new Bank of Israel directive retracts some of the restrictions imposed on the banks following the October 1983 bank shares collapse.

Rony Hizkiyahu Photo: Tamar Matsafi Finance C'tee allows state 10 months to sell Leumi shares

The state's 5.8% holding in Bank Leumi is expected to fetch NIS 2 billion, which will be allocated to reducing the national debt.

Ran Sarig, Efi Cohen photo: Shlomi Yosef Salesforce buys Israeli marketing analytics co Datorama

The price is estimated at $850 million. Datorama's Israeli employees will join Salesforce's Marketing Cloud development team.

Jean Raby  photo: PR "Natixis is entering Israel for the potential growth"

Natixis Investment Managers CEO Jean Raby: We regard Israel as a completely European market.

Haim Saban Possible credit card link-up boosts Partner

Rosario CEO Eran Jacoby: Investors understand that the big asset is customer data.

Cannabis Together to begin Canadian medical cannabis sales in Jan

The company has ordered cannabis plant seeds from a Dutch supplier for its farm, which the company is setting up in Uganda.

Gadi Glikberg  photo: Eyal Izhar Bitmain expanding Israel development center

The Chinese bitcoin mining company plans to recruit more than 40 people, tripling the Ra'anana center's workforce.

Azrieli building Austin  photo: PR Azrieli buys 7th Texas office building for $100m

The five-storey, 23,000 square-meter buildings is located in southwestern Austin.

Tnuva  picture: Tamar Mitzpi Meir Shamir still hankers after Tnuva

Shamir's Mivtach Shamir reported to the TASE yesterday that its approaches to Bright Food had been spurned.

start up Gov't approves second Israeli stock exchange

The aim is to provide a solution for early-stage high-tech companies in Israel.

Kiryat Ono apartments Home Price Index flat

The April-May index reading indicates that home prices in Israel are stabilizing. Meanwhile, general inflation has returned to within the target range.

Yosi Fait Telit sells automotive division for $105m

The buyer is Chinese company TUS International. Completion of the deal is expected by year-end.

Shevi Shemer  photo: Shlomi Yitzhar Union Bank names Shevi Shemer CEO

Shemer, currently The head of the bank's retail division, will replace Israel Trau, who resigned after Union Bank's merger with Mizrahi Tefahot Bank was barred.

Ishay Davidi FIMI mulls buying plastic packaging co Plastopil

77% of TASE-traded Plastopil is owned by Kibbutz Hazorea.

Ilan Ben-Dov Bitcoin land deal leads to foreclosure against Ilan Ben-Dov

Ben-Dov: The court has been deceived.

Orbotech CEO Asher Levi, photo: Eyal Yitzhar Orbotech shareholders approve acquisition by KLA-Tencor

The South Korean Supreme Court dismissed an appeal against Orbotech in an intellectual property case.

Next Insurance founders Photo: PR Israeli insurtech co Next Insurance raises $83m

Next Insurance sells tailor-made policies for small and medium-sized US businesses.

Harakevet Street, Tel Aviv  photo: Eyal Izhar Migdal, Acro, Tidhar in talks on Tel Aviv land

The land, estimated at NIS 215 million, is located on Harakevet Street in central Tel Aviv.

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