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Hedva Ber  / Photo: Eyal Izhar, Globes BoI sharply cuts capital requirements for Israel's banks

The Bank of Israel expects a large increase in credit losses for banks, plus a huge need for an immediate increase in the supply of credit to the public.

Eli Defes "With expenses and no revenue we face bankruptcy"

El Al chairman Eli Defes says that time is running out to save the airline, which seeks a $200-300 million state guaranteed loan.

Harel Locker  / Photo: Eyal Izhar, Globes Israel Aerospace reports record revenue, jump in profit

IAI has warned that the coronavirus pandemic creates uncertainty regarding 2020.

Shekel Photo: ASAP Creative Shekel strengthens towards pre-crisis rates

The foreign exchange market has become much less volatile over the past few days than in recent weeks.

Partner Partner Q4 revenue rises, 2019 revenue down

Net profit totaled NIS 19 million, and the company recruited 66,000 new television subscribers during the year.

Gindi Tel Aviv project  / Imagin: Gindi Holdings Danya Cebus to build Gindi's Tel Aviv UpperHouse

The project is located on a 2.4-acre lot adjacent to the Menora Mivtachim basketball arena in Yad Eliahu.

Yitzhak Tshuva Photo: Tamar Matsafi Delek loses 5% of Delek Drilling

A painful compromise with Citibank and the Dayan family will cost Delek Group NIS 120 million.

Gonen Usishkin  / Photo: Sivan Faraj El Al CEO: Israel must decide if it wants an airline

The carrier is asking for a $200-300 million state loan that will enable it to recover and quickly resume regular activity after the crisis.

Danna Azrieli Photo: Eyal Yitzhar Azrieli ends 2019 strongly ahead of virus challenge

Occupancy in Azrieli's properties in 2019 was 98% in shopping malls and 99% in offices.

Bezhalel Machlis  / Photo: Elbit Systems PR, ira prohorov Elbit Systems reports record backlog and revenue

Elbit CEO Bezhalel Machlis told "Globes" that the defense sector will be the last to be effected by the coronavirus.

Isolation ward in Sheba medical center  / Photo: Shaul Golan Stratasys donates 3D printed virus face shields

The Israeli company is donating printing capacity across all regions to provide thousands of disposable face shields for use by medical personnel.

Gil Shwed  photo: Tamar Matsafi Check Point CEO: We're hiring, not firing

Gil Shwed: This is a period during which cybersecurity is coming under daily attack, as the world switches to working remotely.

Yitzhak Tshuva Midroog cuts Delek rating as debt fears rise

Midroog believes a failure by the company to repay its debt is very likely.

Shekel Photo: ASAP Creative Shekel gains as markets rebound

Bonds are rising strongly on the TASE after yesterday's commitment by the Bank of Israel to buy NIS 50 billion worth of government bonds.

Tel Aviv Stock Exchange Photo: Eyal Izhar Treasury mulls allowing public to withdraw early from study funds

Opponents of the measure fear that it will have a negative impact on Israel's capital market.

Tamar field Photo: Albatross Arbitrator rules Alon to pay full Tamar royalties to Isramco

Alon Gas must pay the entire 11.5% royalties worth tens of millions of dollars from the Tamar gas field to Isramco unit Nafta.

Eugene Kandel  / Photo: Oria Tadmor "After crisis local institutions must invest in Israeli tech"

Start-Up Nation Central CEO Eugene Kandel warns Israel's tech ecosystem won't recover from the crisis without Israeli institutional investors.

Prof. Amir Yaron Bank of Israel to buy NIS 50b in gov't bonds

Israel's central bank is using the quantitative easing to help ease credit conditions and encourage financial stability during the virus crisis.

Teva Photo: Sivan Faraj Teva sends hundreds of Israeli employees on paid leave

The days of paid leave will not be deducted from the employees' regular vacation days.

Yitzhak Tshuva More foreign banks demand Delek immediately repay debt

Two banks that lent Delek Group $200 million and €50 million are demanding immediate repayment.

Shekel Photo: ASAP Creative Shekel weakens as markets continue freefall

Strong demand for foreign currency by Israeli financial institutions and investors will persist as global stock markets continue to fall.

Kare Schultz  / Photo: Cadya Levy Teva CEO Kare Schultz agrees contract extension

Teva announced that Schultz had agreed to extend the validity of his deal with Teva from November 2022 until November 2023.

Zvi Marom  / Photo: Eyal Izhar, Globes BATM, Novamed to develop Covid-19 home rapid test kit

The new kit allows people to test a sputum sample at home and receive results within a few minutes.

Bezeq Bezeq net loss in 2019 again exceeded NIS 1b

Revenue declined in all of the group's main sectors, but increased in cloud and digital services.

Stock market falls Photo: Reuters Investors should look past the headlines

Past experience shows that sharp market downturns during crises reverse rapidly afterwards, Zvi Stepak and Alex Zabezhinsky of Meitav Dash point out.

Eyal Waldman "Those worrying about privacy have things to hide"

Mellanox founder and CEO Eyal Waldman doesn't care if tech companies know everything about him.

El Al Boeing 787 Dreamliner  photo: PR El Al can manage without state aid

The Tel Aviv Stock Exchange is the airline's platform for raising capital or debt to cope with a difficult business situation, argues Yaniv Pagot.

Nir Zuk Nir Zuk slams Check Point's lack of ambition

The Palo Alto Networks founder and CTO blasts Check Point for putting too much emphasis on profit rather than investing in growth.

Jerusalem light rail Gov't pays for mistakes in Jerusalem light rail buyback

The CityPass consortium made a NIS 1 billion profit as the Israeli government, inexperienced in such projects, bought back the Red Line for NIS 1.6 billion.

El Al Boeing 787 Dreamliner  photo: PR El Al was struggling even before coronavirus

Low-cost competition was causing the Israeli carrier turbulence well before the East Asian virus but falling fuel prices may ease the pain.

Shekel Discount Bank: Don't bet against the shekel

Trading Room market strategist Shmuel Katzavian analyses why the Israeli currency will likely continue to strengthen in 2020.

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