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Teva Photo: Sivan Faraj Teva enters Israel's cannabis market

Teva's Israeli logistics unit S.L.E. has signed an agreement to distribute Canndoc's medical cannabis products in Israel.

Nahum Bitan 4 chains bidding to buy Yenot Bitan branches

Negotiations have been held with Rami Levy, Yochananof, Shufersal's Be and Shuk City.

Maurice Ferre Photo: PR Elbit Medical negotiating early exit from Insightec

An existing investor in Insightec could buy Elbit Medical's stake in the company.

Ifat Kariv / Photo: Eyal Izhar, Globes Cannbit set to buy Tikun Olam for half asking price

Cannbit CEO Ifat Kariv: The deal positions Cannbit as a genuine leading company active along the whole cannabis value chain.

Moshe Bareket Regulator dissatisfied with Gazit-Globe- Atrium deal

Capital Market commissioner Dr. Moshe Bareket demanded details about the decision-making process for the deal at Menorah Mivtachim and Phoenix Insurance.

Bezhalel Machlis  / Photo: Elbit Systems PR, PR Elbit completes acquisition of Harris Night Vision

Elbit announced the $350 million acquisition six months ago and has raised NIS 665 million in a private placement with institutional investors in order to finance the acquisition.

Vitalik Buterin "Facebook's Libra is wakeup call for governments"

Ethereum cofounder and blockchain technology leader Vitalik Buterin tells "Globes" about the risks and challenges posed by cryptocurrencies.

Yossi Singer and Erez Balasha Photo: Tamuz Rachman Generation Capital raises NIS 525m

The offering more than doubles energy and infrastructure fund Generation Capital's shareholders' equity.

Dov Kotler / Photo: Eyal Izhar, Globes Regulator approves Dov Kotler as Hapoalim CEO

Supervisor of Bank Hedva Ber has stipulated a cooling off period for Kotler in relation to dealings with Isracard.

Reuven Kaplan Psagot names Reuven Kaplan CEO

Barak Soreni, the incumbent CEO of Israel's largest investmemt house Psagot, has notified its board that he will step down after three years in the post.

Eran Saar IDB group names Eran Saar CEO

Saar was previously CEO of real estate and energy group Equital.

Amiad filtration system FIMI to increase Amiad Filtration Systems stake to 46%

FIMI is in talks to invest NIS 100 million more in the kibbutz company, at 10% below the current market price.

Lior Samuelson Warburg Pincus to invest $8m in Cyren rights offering

Israeli cybersecurity company Cyren has announced a rights offering to raise up to $12.5 million.

Amazon Photo: Reuters Hapoalim to offer discounts to Amazon customers

Amazon has signed an agreement with the Israeli bank, which will offer a $30 discount for customers purchasing more than $90 on the website.

El Al Boeing 787 Dreamliner  photo: PR El Al's punctuality ranking remains woeful

El Al's punctuality was ranked 39 among 42 airlines in August and 41 among 43 airlines in July, Flightstats reports.

Yes Yes to launch switch to Internet in November

The service will be launched initially through Apple TV, and an Android solution will be launched in the second stage.

Shekel  / Photo: Shutterstock Shekel depreciation continues

The Israeli currency is firmly back in the NIS 3.50-3.60/$ range where it has been trading for most of 2019.

Wearable technologies Elbit unveils wearable technologies for infantry

Elbit's expanded DOMINATOR warrior combat suite includes four devices that integrate seamlessly with radio systems and Battle Management Systems.

Apprente  / Photo: PR McDonald's buys voice AI co Apprente

The startup's voice-based AI conversational technology will be used in drive-thru restaurants.

Ramla South station  / Photo: New age media, PR Electra wins Modi'in-Rishon railway tender

When it is completed in 2025, it will mark the completion of a railway ring around the greater Tel Aviv area.

AI  photo: Shutterstock Baxter buys Israeli co Cheetah Medical for $230m

With offices in Boston and Tel Aviv, Cheetah provides non-invasive fluid management monitoring technologies.

Elbit artillery Elbit wins $38m British army training deal

Elbit Systems UK Ltd. will supply comprehensive joint fires simulation training (JFST) artillery systems to the UK's Ministry of Defense.

Mark Sabag Teva to merge communications into HR

Outgoing EVP Communications Iris Beck-Codner's department will be merged into Human Resources under EVP Mark Sabag.

Israel Chemicals Israel Chemicals to invest $50m in bromine plant

The company expects extra annual revenue of $110 million from the expanded capacity at its Dead Sea plant.

Adam Neumann Photo: Reuters Softbank asks WeWork to halt IPO

According to a report in "The Financial Times", WeWork's largest investor has put the company's flotation in doubt.

Doron and Muki Schneidman Photo: Tamar Matsafi Direct Insurance delisting finally succeeds

The move was necessary to enable the Schneidman family's Zur Shamir Holdings to comply with the Concentration Law.

Iris Beck-Codner Teva EVP Iris Beck-Codner steps down

Beck-Codner is one of the highest-ranking Israeli executives at Teva Pharmaceuticals.

Sami Totah Matomy plunges despite bid for subsidiary

The digital advertising company yesterday reported a non-binding offer and said that it would enable it to repay its bondholders.

Amir Kishon Photo: PR optimizeRX buys digital health co RMDY

TASE listed companies ICB and Merchavia Holdings both have stakes in RMDY, which is being bought for up to $46 million.

Jacob Luxenburg  photo: Tamar Matsafi Africa Israel bondholders choose Luxenburg bid

A majority of the bondholders voted in favor of the bid last Thursday.

Perry Davidson Photo: Eyal Izhar Cannabis inhaler co Syqe seeks Toronto IPO

The company's product, which administers precise dosages to patients, plans to raise money at a company valuation of hundreds of millions of dollars.

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