Business & Innovation | The Jerusalem Post

A building belonging to generic drug producer Teva, Israel's largest company with a market value of about $57 billion, is seen in Jerusalem

Teva, Allergan reach $161.5 million opioid settlement with West Virginia The agreement is the largest state-negotiated settlement in West Virginia history and consists of $134 million in cash plus the contribution of drugs used to treat opioid overdoses.

Tech & Start Ups

Israel and Morocco are tightening their business relationship

The two nations are focusing on collaborating in the innovation space following their normalization.

By ZACHY HENNESSEY

WhatsApp to stop supporting old iPhone OS - time to upgrade

Famed text messaging application WhatsApp notifies it will stop support for old versions of iPhone OS from October 2022.

By Yinon Ben Shushan/Walla!

SavorEat Robot Chef's plant-based burger, as you like it

SavorEat leverages the Internet of Things and cloud systems, digital manufacturing and artificial intelligence to customize plant-based patties based on consumer preferences.

By ARIEL SHAPIRA

Banking & Finance

A building belonging to generic drug producer Teva, Israel's largest company with a market value of

Teva, Allergan reach $161.5 million opioid settlement with West Virginia

The agreement is the largest state-negotiated settlement in West Virginia history and consists of $134 million in cash plus the contribution of drugs used to treat opioid overdoses.

Bank Hapoalim

Bank Hapoalim reports strong first quarter of 2022

The bank's net profit totaled NIS 1.654 billion, and its return on equity (ROE) for the quarter stood at 15.6%.

By JERUSALEM POST STAFF

Bank of Israel hikes interest rate to 0.75%, second increase in two months

The interest rate was raised from 0.1% to 0.35% last month in an attempt to stabilize Israel's economy.

By JERUSALEM POST STAFF

Market Data

Opinion

If Elon Musk’s Twitter plan falls through, it wouldn’t be the first time

Elon Musk, the erial entrepreneur, controversy-stirring celebrity, terminally online gadfly and the richest man in the world abruptly tapping the brakes on the $44-billion Twitter acquisition

A SELF-DRIVING car – the latest AV legislation update is an important move forward for Israel.

The path to autonomous vehicles in Israel - comment

Israel will only reap the benefits of the new legislation if the regulators can demonstrate their professionalism and efficiency on an ongoing basis.

Artificial intelligence

It’s time for the fourth technological revolution: AI - opinion

The regulation of AI technologies presents a further challenge, particularly in highly regulated industries such as digital healthcare and finance

Energy & Infrastructure

Israeli startup Watergen aims to bring India ‘air-to-water’ technology

The joint venture aims to bring Watergen’s “Atmospheric Water Generation” technology to India, where three-quarters of rural Indian families do not have access to clean water.

By JERUSALEM POST STAFF

Mekorot named as one of world’s top water companies

Mekorot recently signed agreements to develop Azerbaijan’s water sector, to plan Bahrain’s water sector and to double the water supply to Jordan.

By JERUSALEM POST STAFF

Real Estate

Angolan government and Mitrelli group’s Haim Taib inaugurate project to house 20,000 people

Innovative model focusing on community building is designed to be replicated across the continent and beyond.

By JERUSALEM POST STAFF

Three-billion-dollar life science real estate fundraise sets record

“We look forward to putting these resources to work in support of the next generation of critical discoveries,” said Dan Belldegrun, Breakthrough Properties CEO.

By ZACHY HENNESSEY

News Updates

Teva, Allergan reach $161.5 million opioid settlement with West Virginia

Defense Ministry begins work on kindergarten shelters near Gaza

BBB, Make-A-Wish team up

US to sell up to 40.1 mln bbls crude oil from SPR

US bank profits dip as loan loss provisions jump in response to global uncertainty - FDIC

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