News

Yochananoff's revenue grew 26% to NIS 1.4 billion in the first half of 2019.

UK business magnate Sir Richard Branson's visit follows the start of Tel Aviv - London Virgin Atlantic flights last month.

The National Infrastructure Committee approved 10,000 housing units to replace 1,400 existing homes in a disadvantaged neighborhood housing Ethiopian immigrants.

The WeWork founder's mother Dr. Aviva Neumann has told 103FM that her son has become a member of the Chabad Orthodox Jewish religious movement.

Hi Auto’s audio-visual approach will eliminate all noise and will make a voice recognition platform work reliably under any noise condition.

Opko's growth hormone treatment was developed by Israeli company Prolor and will be commercialized by Pfizer.

The Israeli company's logistics platform will allow swifter, cheaper and larger consignments.

Viz.ai has pioneered the concept of computer-aided triage software and uses deep learning algorithms to identify a suspected stroke.

Missbeez, founded four years ago, has developed an ecommerce platform for ordering beauty and lifestyle services.

Mobilion is currently completing its Series A round of financing, out of a targeted $30 million.

Moody's is concerned about the adverse effect on the Israeli pharmaceutical company's earnings and deleveraging.

The scouting agreement will seek out startup leaders in autonomous driving with a focus on sensors, image recognition, data compression, and security.

The Israeli company is showcasing its DOMINATOR warrior combat suite at London's Defense and Security Exhibition, reports "Reuters."

Strauss has become the first major Israeli food company to open an online store on Amazon's new Israel website.

Leader Capital Markets research department manager Sabina Levy says that the global US opioid settlement is a far better scenario than the market anticipated.

Advance Dicing Technologies, which supplies products for the semiconductor and electronic components industry, is based in Yokne'am.

The deal is at a company valuation of $8 billion, far below the $47 billion valuation that Neumann was seeking in a Wall Street IPO, the "Wall Street Journal" reports.

The real estate was purchased from Beit Shomer and contractor Reuven Damari for NIS 223 million.

A revision downwards of second quarter growth figures and political uncertainty are weakening the Israeli currency.

Growth in the second quarter of 2019 has been revised sharply downwards to just 0.6% on an annualized basis in the Central Bureau of Statistics' third estimate.

Israel has 131,000 millionaires according to Credit Suisse, surpassed in per capita terms only by the Netherlands, Hong Kong, Norway, and Portugal.

Two New York investment firms have joined forces in an activist move in the cybersecurity company.

Blue and White leader Benny Gantz has the chance of becoming Israel's post-Netanyahu leader, but Likud is confident that he will fail.

Teva has reached agreement in principle to settle all the suits against it in the US by donating drugs worth $23 billion wholesale.

President Rivlin has announced that the task of forming a new government will pass to Blue and White leader Benny Gantz.

Investors in the Israeli company include Renault, Volvo and Hyundai.

Teva will pay $20 million and donate $25 million in addiction treatment drugs, "The New York Times" reports.

While US State Attorneys were inclined to accept the deal, local government officials were opposed to the agreement.

The 12-month interim data from the first 16 of 22 adult patients enrolled demonstrate a mean improvement in kidney function.

This tender is for fast lanes in each direction on the highway between the KKL Interchange and the Seven Stars Interchange.

"Reuters" reports that a federal judge has summoned Teva CEO Kare Schultz to discuss settling all 2,600 US suits alleging that the Israeli company fueled the opioid crisis.

The 98 year old contributed tens of millions of dollars to Israeli educational and cultural institutions.

From December 1, bicycles will not be allowed on trains between 6am and 9am and between 3pm and 7pm from Sundays to Thursdays.

Stifel has also formed a strategic partnership with the Israeli venture capital crowdfunding platform.

Partner is offering Spotify Premium to subscribers for a free three month trial after which there will be a monthly fee of NIS 19.90.

Due to the delay the company will record a loss of $12-16 million in its third quarter financial results.

Tenants in the Sea & Sun project and owners of the West hotel in North Tel Aviv are opposed to plans to build a high rise residential project and hotel.

The company has reported that it has switched to commercial cultivation at its farm in Ashkelon, after receiving IMC-GAP approval for the facility.

Based in Migdal Ha'Emek, Polymer Logistics manufactures reusable transport packaging and retail merchandizing systems.

The US electric car manufacturer has been checking out Israel's car market and could begin operations from next year.

According to a report by Reuters, five pharmaceuticals and distribution companies involved in the opioids affair in the US are offering drugs worth $22 billion and services worth $28 billion.

The contract for fifteen aircraft with an option for fifteen more is worth hundreds of millions of dollars.

The chain, which has 77 branches around the country, will soon complete switching the entire chain to biodegradable cardboard straws.

The land is the last large reserve for development in the neighborhood.

IBI Investment House pharma analyst Steven Tepper has calculated that the cost to Teva of a $15 billion opioid settlement would be dramatically less.

The company's trial of one product failed, and it downwardly revised its sales guidance.

The private placement is taking place at a 12.9% discount on the ASX market price.

Bank Hapoalim chief economic advisor Prof. Leo Leiderman told "Globes" that Israel had performed disappointingly in The World Economic Forum ranking.

3DSignals has pioneered real-time asset performance monitoring (APM) solutions using digitalization of production floors using Industrial IoT technology.

Founders and co-CEOs Meir Ohayon and Tomer Dotan will continue managing the auto trade-in chain.

Inflation in Israel over the past 12 months has fallen to just 0.3%, moving further away from the Bank of Israel's annual target range of 1%-3%.

The settlement would run over 10 years and the drugs would include Teva's Narcan for treating opioid addiction, sources told "Bloomberg."

The new bus station east of the Ramot neighborhood will relieve congestion at Jerusalem's existing central bus station.