Israel business
The curse of being Israel's most valuable company
Tower's share price has jumped nearly 900% in the past five years, but less than 24 hours after reaching the top, the world's chip stocks plummeted, and Tower's share price tumbled 10.79%
Shekel gains sharply despite interest rate cut
Evolving regional economic opportunities
Israeli private equity firm David Group launches to invest in mature businesses
Bath & Body Works to begin operations in Israel
Bath & Body Works – the world's leading chain in the field of care products, air and home fragrances – will open at least 30 stores in Israel by 2026.
Bazan Group records $776 million in adjusted EBITDA and $441 million in annual net profit for 2022
The company listed a decrease of $224 million in net debt in 2022, and announced the distribution of a $220 million dividend.
'Netflix Tax' planned by gov't likely to raise streaming prices
Though the providers themselves would be obligated to pay the added VAT, it’s likely that the move will result in higher subscription fees.
Judicial overhaul will boost economy, Netanyahu tells nervous entrepreneurs
Netanyahu met with Papaya Global and Disruptive Technologies Venture Capital after they said they planned to pull out of Israel over judicial reform concerns.
Israel targets 'smart' cities with new 5G mobile auction
Fifth-generation technology is 10 times faster than widespread 4G and rolling it out would improve Internet access in city centers.
Your Taxes: Employee responsibility, commercial secrets - opinion
Here is a round-up of some interesting happenings on the tax scene.
What happened to all of Elite's ‘red cow’ chocolate?
BUSINESS AFAIRS: Strauss’s Elite brand chocolate products have still not fully made their way back onto shelves. What are they planning, and what will they need to do to win back consumers?
Connect/Israel brings together businessmen from Israel, US and Gulf
In Israel, the group met entrepreneurs such as Dov Moran and Sylvan Adams.
Wolt to expand to 15 new communities near Rishon, Rehovot
Wolt was established in 2014 in Helsinki, Finland, as a convenient, fast and serviceable food delivery platform. It began operating in Israel in 2018.
Israeli stocks teeter on Wall Street brink
BUSINESS AFFAIRS: The sharp decline in the US stock exchange seems to be hitting Israeli tech companies harder than anticipated.
