MARKET

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.

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

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

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

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

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

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.

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

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

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.

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

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

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

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

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.

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

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.

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

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

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

"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.

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

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

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

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

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

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

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

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.

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

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.