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Articles for the ‘Business and Financial News’ Section:

JPost: Young Israelis struggle to make ends meet

Published on May 20 2013 // Business and Financial News, Economy
05/20/2013 17:16–Shaiel and Charlie (short for Charlotte) Yitzhak both work hard – he as an English teacher, she as a physical therapist working with wounded Israeli soldiers. Shaiel also tutors English privately and runs a summer camp for robotics. They have two young children, ages 3 years...

Globes: Tshuva: Gas exports worth $100b to Treasury

Published on May 20 2013 // Business and Financial News, Economy
19 May 13 15:38,–”It is especially important these days to remember that gas exports alone will generate $100 billion for the treasury and the Israeli economy over the next 20 years,” said Delek Group Ltd. (TASE: DLEKG) controlling shareholder Yitzhak Tshuva at Mizrahi Tefahot Bank...

Ynet: SundaySky to boost sales threefold

Published on May 20 2013 // Business and Financial News, Market
05.20.13, 07:46–SundaySky expects its sales to triple annually as companies increasingly use personalized videos to win over new customers and retain existing ones. The US-Israeli company’s videos not only speak to a customer by name but take into account past history and present behavior...

Globes: Teva, Check Point rebound

Published on May 20 2013 // Business and Financial News, Market
20 May 13 12:20–The buoyant mood on Wall Street includes big Israeli companies listed there. As the Dow Jones Industrial Average and the S&P 500 Index achieved all-times highs, Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) and Check Point Software Technologies Ltd. (Nasdaq:...

JPost: Israel is largest drone exporter in the world

Published on May 20 2013 // Business and Financial News, Business and Innovation
05/19/2013 18:44–RIsrael is the largest exporter of drones in the world, a leading industry consultancy firm announced Sunday. In the past eight years, sales of Israeli unmanned aerial vehicles have totalled $4.62 billion, according to figures. The company said that in its calculations, it included...

Globes: TASE chief: Market needs resuscitation

Published on May 20 2013 // Business and Financial News, The Daily Pick
Globes: TASE chief: Market needs resuscitation
20 May 13 12:57–”To be or not to be, that is our situation now, and I use such a terminal expression deliberately. We have a big problem, and the issue of regulation must be addressed – and I have something encouraging to say: the Economic Arrangements bill includes an entire section...

Globes: Tshuva: Gas exports worth $100b to Treasury

Published on May 19 2013 // Business and Financial News, Business and Innovation
19 May 13 15:38-”It is especially important these days to remember that gas exports alone will generate $100 billion for the treasury and the Israeli economy over the next 20 years,” said Delek Group Ltd. (TASE: DLEKG) controlling shareholder Yitzhak Tshuva at Mizrahi Tefahot Bank (TASE:MZTF)...

The Economist: Arabs and Jews in high-tech Israel–Bring them together

Published on May 16 2013 // Business and Financial News, Business and Innovation
May 18th 2013 | NAZARETH–ON A biblical outcrop overlooking the Jezreel valley near Nazareth, Israel’s largest Arab town, a state-of-the-art complex has opened its doors to high-tech companies. “We’ll be famed for computing as well as Jesus,” quips Ramez Jaraisi, mayor of the city where...

Globes: Caesarstone signs IKEA US deal

Published on May 16 2013 // Business and Financial News, Business and Innovation
16 May 13 16:16–Engineered quartz surfaces maker Caesarstone Sdot Yam Ltd. (Nasdaq: CSTE) has signed a contract with IKEA US to be its exclusive supplier of non-laminate countertops. Caesarstone said that the contract would have no material effect on its results in 2013, and was taken into account...

Globes: 2.8% Q1 growth dispels slowdown fears

Published on May 16 2013 // Business and Financial News, The Daily Pick
Globes: 2.8% Q1 growth dispels slowdown fears
16 May 13 13:33–Israel’s GDP rose by an annualized 2.8% in the first quarter of 2013, up from 2.6% in the preceding quarter, the Central Bureau of Statistics reported today, dispelling concern that the country is heading for a slowdown. In addition, private consumption rose by an annualized...
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