Business
Your Investments: Do not let Washington dictate your financial future
Politics has become too partisan and often pushes patriotism aside. True patriotism means honor, love of country, and solidarity with our fellow citizens.
Israelis spent NIS 51.6 billion on debit and credit cards in October, up 12.5% year-on-year
El Al net profits decline despite increased passenger traffic, record third-quarter revenue
Birthright convenes 350 global leaders in Tel Aviv at first Global Business Summit
Pistachio, chocolate and a price freeze: Israel’s Hanukkah doughnut season begins
Maafe Neeman says it will keep last year’s prices despite rising ingredient costs, with traditional jam doughnuts at NIS 6 and elaborate versions at NIS 14.
An Israeli company is being sold for $420 million
Israeli technology company Perion has signed a binding merger agreement to be acquired by Affle at a valuation of approximately $420 million.
Betting on AI and robotics, Dyson opens Glilot flagship store in Israel
Dyson robotics engineer Guy Turner says the company’s next chapter will focus on machines that can sense, perceive, and solve problems independently
Sydney Sweeney presents: Sharp surge in sales for lingerie brand
Despite the chaos and criticism, Euphoria star's SYRN lingerie brand posts its strongest quarter since launch.
Investment fund acquires 50% of coffee chain at NIS 150 million valuation
Green Lantern Fund acquires half of the Cafe Gan Sipur chain. The chain is expected to double its branches and open restaurants in Tel Aviv and Lod.
Binance replenishes 90% of assets stolen in security incident
The exchange said it remained on track to resume withdrawal services on Sunday, November 1, within its previously stated timeframe.
Employee training startup raises $40 million
Bites, which developed an AI platform for training deskless workers via WhatsApp and Teams, completed a Series A round led by PeakSpan Capital fund.
Debts of about NIS 50 million: KFC Israel in insolvency
Smart Service K & K, which operates the chain's branches in Israel, reports heavy debts and attributes the distress to the events of October 7 and the security escalation.
Following protest: NYPD backs out of deal with Israeli company
The New York Police Department has backed away from its intention to award a contract of about $750,000 to the Israeli company Cognyte to develop cell phone tracking and location capabilities.
Yanki Quint appointed chairman of NewMed Energy
The former Israel Land Authority director replaces Niv Sarne, who became general manager of the partnership, which holds a major stake in the Leviathan gas field.
