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Globes

נטייה: Unratedסוג: Business & marketsשפה: עבריתמקום: Rishon LeZionמימון: Commercial advertising and subscriptionsנוסד: 1983

Globes הוא Business & markets מRishon LeZion, ומתפרסם בעברית. בסולם שמאל, מרכז וימין של baba News הוא מדורג Unrated (Business). אנחנו מציגים את הסיקור של Globes לצד חדרי חדשות ישראליים אחרים.

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Securityלפני 6 שעות

Houthis Seize Bab al-Mandab Strait, Threatening Global Trade and Israel

Houthi rebels in Yemen have seized the Bab al-Mandab strait, a vital Red Sea chokepoint. This move threatens global shipping, including Israel's trade with Asia, and impacts oil prices, while the U.S. response remains uncertain ahead of midterm elections.

Economyלפני 6 שעות

Contractors Survey: Jerusalem and Tel Aviv Lead, Ramat Gan Trails

A survey of Israeli contractors ranks Jerusalem and Tel Aviv highest for construction project support, while Ramat Gan is cited as the most obstructive. The survey also highlights a significant drop in contractor participation, indicating market difficulties.

Economyלפני 7 שעות

Israel Electric Corporation Sells Stake in Fiber Optic Venture

Israel Electric Corporation is selling its 30% stake in the fiber optic company IBC for approximately 365 million shekels. The deal includes the sale of shares and repayment of a loan, with IEC continuing as a contractor for network deployment.

Economyלפני 8 שעות

Israeli Real Estate Firms Boost Bond Issuance Amid Market Slowdown

Israeli real estate companies are significantly increasing their bond issuances to navigate high interest rates and a slow property market. This trend is supported by institutional investor demand, though significant differences in debt quality and cost exist among issuers.

Economyלפני 8 שעות

Israel's Real Estate Sector Faces Growing Credit Risks Amidst Rising Debt

Israeli real estate developers are taking on significantly more debt, with bank loans increasing by 40% in the past year due to low sales and rising costs. This reliance on borrowing, often through non-bank lenders who themselves borrow from banks, is creating systemic risks that could impact the entire financial sector.

Economyלפני 12 שעות

Israeli Household Assets Hit Record High Amid Complex Economic Realities

Israeli financial assets have reached a record NIS 7.5 trillion, driven by stock market gains and new investors. However, the expected "wealth effect" boosting consumption is muted due to the war, high interest rates, and other economic pressures, creating a complex financial landscape.

Cultureאתמול

Buyme Holiday Ad, Featuring Content Creator, Tops Favorite Commercials List

Buyme's holiday ad, created in-house with content creator Lial Eli, has been named the most favored commercial. Discount Bank's Rosh Hashanah ad remained the most remembered, while other notable ads included those from El Al, Bamba, Shufersal, and Bank Leumi.

Securityאתמול

Israel's Road Safety Crackdown Yields Thousands of Tickets, Over $250,000 in Fines

A nationwide road safety operation in Israel resulted in over 4,200 tickets, with estimated fines exceeding 1 million shekels. The crackdown aims to reduce road fatalities, which have seen a slight decrease this year compared to last.

Economyאתמול

Israel Faces Declining Education Scores and Rising Living Costs

Israel is grappling with a dual crisis: declining performance in international education assessments and persistently high living costs attributed to agricultural protectionism. Businesses are also burdened by increasing regulatory and legal challenges.

Cultureאתמול

Psalms' Enduring Magic: From Ancient Texts to Modern Hits

The Book of Psalms has a significant and enduring impact on global culture, influencing music, language, and everyday life across religious and secular spheres. Its verses offer solace and resonate with universal human emotions, leading to widespread adoption in various forms of art and expression.

Cultureאתמול

Israel Sees Surge in White Grape Varieties Beyond Traditional Choices

Israel's white grape harvest has increased by 34% in seven years, driven by a rise in less common varieties like Assyrtiko, with 60,000 vines planted recently. This trend reflects a global shift towards unique, terroir-driven wines beyond international standards.

Cultureאתמול

Obesity Drugs May Reshape Dining Culture, Experts Debate Impact

Popular weight-loss drugs may be influencing home design and dining habits, shifting focus away from large kitchens. Anthropologists argue that despite reduced appetites, the social rituals surrounding food are deeply ingrained and unlikely to disappear, though their expression may evolve.

Cultureאתמול

Israel's Culinary Scene Adapts Amidst War and Economic Challenges

Israel's restaurant scene in the past year has adapted to wartime challenges with more casual eateries and a geographical spread beyond Tel Aviv. Despite closures, new openings and returning chefs highlight innovation and resilience, with a growing trend in hybrid restaurant-deli formats.

Cultureאתמול

Berry Sakharof's New Album Explores Deep Israeli Roots and Identity

Berry Sakharof's new album, "Sullam Ha'ahava," released after 15 years, is lauded for its deep exploration of Israeli roots and identity. The album masterfully blends pathos-filled vocals, culturally resonant lyrics, and a unique fusion of Middle Eastern and Western musical elements, including electronic and rock sounds.

Economyאתמול

Globes Subscribers Most Read About Personal Finance, Wealth, and Security

Globes' most-read articles in 5786 focused on personal finance, real estate, and the lives of wealthy individuals. Reader interest also extended to national security technologies and life advice, with peak engagement occurring in the morning and late evening.

Economyאתמול

Investor Buys Third of Apartment, Seeks Purchase Tax Exemption

An investor who bought a third of an apartment for investment is asking if they qualify for an exemption from purchase tax in Israel. The situation involves navigating complex real estate tax laws for partial ownership.

Healthאתמול

Eli Lilly Launches Weight-Loss Pill in Israel, Ahead of Novo Nordisk

Eli Lilly is launching its weight-loss pill Pounaduo in Israel on September 15, ahead of competitor Novo Nordisk. The drug will be available by prescription with prices ranging from 691 to 1,146 shekels, and may be subsidized by health organizations.

Techאתמול

Kia Niro Hybrid Gets Makeover, Focuses on Traditional Design and AI Integration

Kia Motors is integrating AI into its hiring process and has updated its Niro Hybrid model. The refreshed Niro features a revised exterior and interior, improved user interface, and a familiar hybrid powertrain focused on efficiency, while maintaining a traditional human-centric design approach.

Economyאתמול

Israel's Ben Gurion Airport Sees Record August Travel Despite Labor Disputes

Ben Gurion Airport handled 2.71 million passengers in August, a 20.3% increase year-over-year, despite labor disputes. Greece was the top destination, while overall year-to-date traffic remains slightly below last year's levels due to Operation "Lion's Roar."

Securityאתמול

Actor Dan Turgeman Sentenced to 10 Months in Prison for Tax Offenses

Israeli actor Dan Turgeman has been sentenced to 10 months in prison for tax evasion, overturning a previous sentence of community service. The District Court ruled that the prolonged delay in prosecution did not justify avoiding jail time for the offenses committed between 2007 and 2012.

Techאתמול

AI's Double-Edged Sword: Diluting Brand Identity in Advertising

Artificial intelligence in advertising, while efficient, risks diluting brand identity by enabling the mass production of similar-looking content. Studies show human-created ads outperform AI versions in effectiveness, and experts recommend defining core brand elements before AI generation to maintain distinctiveness and avoid 'brand debt'.

Politicsאתמול

Tel Aviv Central Bus Station Evacuation Faces Delays Amidst Planning Hurdles

Tel Aviv's Central Bus Station evacuation is facing delays despite a recent planning approval for a new, partial replacement terminal. Officials express concerns about the timeline and the new terminal's capacity, suggesting the full evacuation remains a distant prospect.

Economyאתמול

Tel Aviv Stock Exchange Concludes Hebrew Year With Phenomenal Returns

The Tel Aviv Stock Exchange concluded the Hebrew year 5786 with strong returns, outperforming global markets despite regional challenges. Key indices like TA-35 and TA-125 saw significant gains, driven by sectors such as insurance and cleantech, while the bond market showed resilience.

Politicsאתמול

Holon's E-Scooter Ban Delayed by Court Order

A court has temporarily blocked Holon's ban on shared electric scooters, ordering the city to present a professional justification for the decision by October 15. The ruling allows shared scooter services to continue operating in Holon for the time being.

Economyאתמול

Bank Leumi CEO Hanan Friedman Discusses Record Profits and Future Plans

Bank Leumi CEO Hanan Friedman has led the bank to record profits and a low efficiency ratio, attributing success to AI adoption and infrastructure investment. He defended the bank's profits against a special tax and criticized salary caps, while expressing commitment to further innovation.

Economyאתמול

Mega Or's Founders Achieve Top Executive Ranking Amid AI Infrastructure Boom

Tzachi and Efrat Nahmias, co-CEOs of Mega Or, have been recognized for leading the company's transformation into an AI infrastructure powerhouse, marked by significant stock growth and major tech deals. Despite past financial challenges, the company is poised for substantial revenue increases from its data center operations.

Economyאתמול

Max Stock CEO Credits Discount Format for Record Growth Amidst Market Shifts

Max Stock CEO Udi Max highlighted the company's record growth, driven by its successful discount retail strategy in Israel. Despite strong financial results and stock performance, Max emphasized continued expansion plans and the complementary role of online retail.

Economyאתמול

Teva Pharmaceuticals CEO Richard Francis Leads Company's Return to Growth

Teva Pharmaceuticals CEO Richard Francis is credited with leading the company's successful return to growth after a decade-long crisis. Key indicators include a recent acquisition, an improved debt rating, and a quadrupled stock price, as Teva shifts its focus towards biopharmaceutical innovation.

Economyאתמול

Tel Aviv Leads New Apartment Sales; Overall Market Sees July Dip

Tel Aviv led new apartment sales from May to July, with overall transactions dipping in July to one of the lowest figures since 2000, potentially due to summer holidays. Apartment upgraders showed a significant decrease in activity, while first-time buyers remained the dominant market force.

Economyאתמול

Israeli Engine Firm Navigates Global Concerns Amid Wartime Growth

Israeli aerospace engine manufacturer B.S.M. Engines is experiencing significant growth, particularly in its military sector, despite global concerns over the ongoing war. The company is securing long-term contracts with international clients and has seen its stock value soar, while navigating challenges like supply chain issues and government support.

Politicsאתמול

Wall Street Journal Slams UK Sanctions on Israeli Settlements

The Wall Street Journal condemned UK-led sanctions on Israeli settlements as an attack on Israel's economy and sovereignty. Separately, Saudi oil exports are at a 13-year low due to regional conflicts, and Sweden's upcoming election may shift its policy towards Israel.

Economyאתמול

Arieli Group Partners Clash Amidst Elron Loan Default Fears

A partnership dispute has erupted within Israel's Arieli Group over a defaulted NIS 90 million loan used to acquire a controlling stake in Elron. The conflict involves threats and a police complaint, with potential sale of Elron shares looming if the loan isn't resolved.

Politicsאתמול

Bus Companies Sue Transport Ministry Over Fines Amid Fraud Allegations

Fifteen Israeli public transport companies are suing the Ministry of Transport for NIS 34.6 million, claiming unfair fines. The ministry counters by alleging a systematic fraud process by the companies, supported by evidence of drivers being instructed to run partial routes.

Techאתמול

Apple Unveils New iPhone 18 Lineup, First Foldable Phone, and Pricing in Israel

Apple unveiled its new iPhone 18 series, including its first foldable phone, the iPhone Duo, along with updated Apple Watches and AirPods. Israel is part of the initial launch, with pricing revealed for the Israeli market.

Economyאתמול

Apple iPhone Price Drops: When to Buy Previous Models for Savings

New data from Zap Group indicates that iPhone prices do not drop significantly immediately after a new model launch, but rather erode gradually over time. Israelis are adopting new iPhone models at an accelerating pace, with a strong preference for the Pro Max variant.

Economyאתמול

Meitav CEO Ilan Raveh Discusses Company Growth and Ownership Changes

Meitav CEO Ilan Raveh discussed the investment house's substantial growth and its position as Israel's largest. He also addressed the potential sale of a major shareholder's stake, which was met with relief by the other controlling family, and outlined future expansion plans.

Economyאתמול

Gab-Yam CEO's Career: From Legal Battles to Real Estate Empire

The CEO of Gab-Yam, a prominent Israeli real estate company, is highlighted for her career achievements, including rescuing Discount Investment Corporation from debt and selling Cellcom. She now leads Gab-Yam, managing a real estate portfolio worth billions.

Economyאתמול

Flavor Industry Leader Stays Rooted in Israel, Citing National Importance

Keren Cohen Hazon, CEO of Torpaz Industries, is committed to keeping the company's headquarters in Israel, viewing domestic industry as vital for national independence. Under her leadership, Torpaz has grown into a global flavor and fragrance giant through strategic acquisitions, with significant recent expansion in North America.

Economyאתמול

Fattal Hotels Founder David Fattal Discusses Company Growth and Future

David Fattal, founder of Fattal Hotels, discussed his hands-on management style, the company's global expansion to 328 hotels in 22 countries, and its significant growth since its 2018 IPO. He highlighted the company's resilience through the pandemic and its future focus on European expansion and apartment hotels.

Economyאתמול

Tower Semiconductor CEO Lauded for Turning Chipmaker Around

Tower Semiconductor CEO Russell Ellwanger has been highly praised for transforming the chipmaker from near bankruptcy to a record valuation. Strategic decisions, expansion in Japan, and growth in AI-driven silicon photonics have fueled the company's remarkable financial turnaround and stock performance.