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Globes
Hebrew business daily covering markets, companies and the economy. We translate its reports into English and compare them with 43 other newsrooms.
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FundingCommercial advertising and subscriptions
Language and baseHebrew · Rishon LeZionFounded 1983
The last 30 days
833reports translated
75%first to report
140 mintypical time behind the first report
100%carry a named author
0%opinion and analysis
Why not a score? These are rates we can recompute. A single number would hide whether a newsroom is slow, unnamed, or mostly reprints. How we measure
How Globes writes
Globes's tone this month is neutral. On the United States, Netanyahu, the Bank of Israel, the police and the Knesset its wording is in step with the other newsrooms.
From 796 reports this month, judged without the newsroom's name. How this is measuredOnly Globes had it
European Aviation Grapples With Bomb Threats Amid Security WeaknessesSecurity · 55m agoIsrael's Shared Taxi Service Collapses Amid Failed ReformSecurity · 3h agoSamsung's Galaxy Tab S12 Ultra: A Powerful Tablet That Questions Its Own ValueTech · 3h agoBig stories Globes skipped
Israel Strikes Hamas Commander at Gaza Hospital, Cites Hostage DetentionCovered by 21 newsroomsFrance Bars Israeli Settler Leader Yossi Dagan Over West Bank ActivityCovered by 21 newsroomsIsrael's Attorney General Ordered to Appear in Netanyahu TrialCovered by 20 newsroomsLatest from Globes
Security · 55m agoEuropean Aviation Grapples With Bomb Threats Amid Security WeaknessesDozens of European flights have been disrupted by anonymous bomb threats, leading to unscheduled landings and fighter jet escorts, though no explosives have been found. Experts like Eitan Ben-David suggest these incidents expose potential weaknesses in European aviation security compared to stricter Israeli protocols. Speculation on the perpetrators includes state actors like Russia or Iran, as well as copycat individuals, with significant financial costs incurred from the disruptions.Security · 3h agoIsrael's Shared Taxi Service Collapses Amid Failed ReformShared taxis, once a common sight in Israel's urban centers, have nearly vanished due to a failed government reform. A 2024 report shows a 93% decline in their numbers between 2017 and 2023. The reform, launched in 2018 with the goal of increasing shared taxis to 2,500, instead led to operational and financial difficulties for providers. Critics blame the tender system for prioritizing low prices over sustainable operations, leading to significant losses for remaining operators and a reduction in public transport flexibility.Tech · 3h agoSamsung's Galaxy Tab S12 Ultra: A Powerful Tablet That Questions Its Own ValueSamsung's Galaxy Tab S12 Ultra, priced at approximately 4,200 shekels, offers a powerful MediaTek Dimensity 9500 processor and a 14.6-inch AMOLED display, but its single USB-C port and high cost raise questions about its value compared to laptops. The tablet provides a full day of battery life and includes the productive DeX mode and S-Pen stylus. Its main competitor is Apple's iPad Pro, with similar pricing and features.Culture · 6h agoGoldfish Memory Myth Debunked by Science and Student ExperimentsThe popular belief that goldfish have only a three-second memory is a myth, with scientific experiments and academic studies showing they can remember for weeks or months. A 2008 experiment by student Rory Stokes demonstrated this, as did research from the University of Plymouth and Ben-Gurion University. The myth may have originated from poor living conditions historically imposed on goldfish, which are now being addressed by animal welfare regulations.Economy · 8h agoBat Yam Apartment Sold at a Loss Amidst Market ShiftA 2.5-room apartment in Bat Yam was sold for 1.62 million shekels, a loss for the sellers who bought it for 1.66 million in 2022. The sellers recognized market conditions and accepted a lower offer to upgrade their own home. The buyers are a young couple investing in the property, which is part of a building undergoing urban renewal. A local real estate agent noted a market recovery in Bat Yam with increased interest from local and international investors.Security · 8h agoMossad Chief Traveled to US Unbeknownst to Key Israeli OfficialMossad Chief Roman Gofman traveled to the United States without informing Gadi Eisenkot, the Chairman of Yisrael Beiteinu. Eisenkot had met with Prime Minister Benjamin Netanyahu for a security briefing just before Gofman's departure. The article does not specify the reason for Gofman's trip or the details of the security meeting.Security · 9h agoIsrael's Emergency Protocol for Hijacked Planes DetailedIsrael has a detailed emergency protocol, "Code 7500," for hijacked aircraft, involving immediate fighter jet scrambles and complex decision-making processes. Enhanced security measures were implemented after 9/11, and current threats are taken seriously despite many being false alarms. The protocol emphasizes rapid response due to the short time available, with the ultimate fear being the accidental downing of a civilian airliner.Culture · 21h agoHumility in Leadership: Research Suggests Modest Managers Foster Better TeamsNew research suggests that humility is a crucial trait for effective leadership, fostering trust, creativity, and team satisfaction. Dr. Michal Lehmann's work, alongside other researchers, redefines humility as a realistic self-assessment and openness to others, rather than a lack of confidence. While measuring humility is complex, studies show it correlates with positive team dynamics and can even enhance empathic accuracy and resilience. The practice of humility is situational and can be cultivated through techniques like deep listening and adopting a broader perspective.Economy · 1d agoBezeq Seeks to Grant $10 Million in Stock Options to Two Senior ExecutivesBezeq is seeking shareholder approval to grant stock options worth approximately NIS 10 million to Chairman Tomer Ra'abad and CEO Nir David. The options will vest over three years, with exercise prices set based on market conditions. The company cited the executives' contributions to strategic initiatives and business success as justification for the proposed grants. Shareholders will vote on the proposal on December 21.Economy · 1d ago · also in 5 newsroomsArkia Employees Seek New Investor to Block Sale DealArkia's employees are attempting to find a new investor to submit a competing bid for the airline before a Monday deadline, aiming to protect their stake. The current deal, signed by the Nakash brothers with a group led by Kidyan Dahari and Yaron Adib, involves a $45 million capital injection but faces challenges due to Arkia's projected significant losses. The employees' union is negotiating with potential investors to secure their future and share in the company.Economy · 1d agoNew Tax Law Crushes Small Commercial Real Estate InvestorsA new Israeli tax law, the "trapped profits" law, is severely impacting small and medium-sized commercial real estate investors. The law forces companies to pay annual taxes on undistributed profits or distribute dividends, significantly reducing net returns to below 3%. This is causing financial hardship, eroding equity for developers with bank loans, and is expected to lead to market consolidation favoring large corporations.Economy · 1d ago · also in 2 newsroomsUnassuming Investors Poised to Acquire Arkia AirlineA group of Israeli businessmen, including Yariv Lerner, Yaron Adib, Kidyan Dahari, and Einav Adib-Berrer, are reportedly set to acquire the airline Arkia. While not known for aviation experience, the investors have a strong track record in revitalizing distressed companies. Lerner has led turnarounds at Wecom and Negev Ceramics, while Adib and Dahari have successfully managed real estate ventures. Adib-Berrer has a history of entrepreneurial success, including founding a diaper company and a private medical center.Economy · 1d agoIsraeli Investors Buy Nvidia Stock Amid CEO's Departure and Spy AllegationsIsraeli retail investors aggressively bought Nvidia stock on Thursday, viewing a 4.3% price drop as a buying opportunity, despite allegations surrounding founder Jensen Huang. One-third of trades at investment house IBI involved Nvidia, with 85% being buy orders, signaling optimism for recovery. This contrasts with some Wall Street analysts who have downgraded the stock, though most maintain positive ratings.Economy · 1d agoTenant Representative Body Exceeded Authority in Choosing Lawyer, DeveloperThe Urban Renewal Authority ruled that a tenant representative body in Ra'anana exceeded its authority by selecting a lawyer, managing the developer selection, and appointing an appraiser without explicit owner consent. Superintendent Naama Urbach Fox stated that a representative body acts only as a coordinator and cannot make substantive decisions or choose professionals without proper authorization. The ruling also clarified that retroactive owner approval does not legitimize actions taken without proper authority at the time.General · 1d agoPenthouse Owner Can Expand Upward Without Giving Up Yard AccessA Tel Aviv District Court ruled that a penthouse owner can expand their apartment onto the roof without giving up their right to use the building's yard. The court overturned a lower ruling that conditioned the expansion on granting exclusive yard use to ground-floor neighbors. The decision clarifies that apartment expansion requires 75% owner consent and that neighbors are not entitled to exclusive use of common areas like yards or roofs.Economy · 1d agoIsrael Launches New Housing Tender in Arab Towns After Past FailuresIsrael has issued new tenders for 870 subsidized housing units in Kafr Qasim, Jaljulia, and Kafr Bara, following multiple past failures to attract developers. Previous tenders for over 2,100 units in these towns since May 2023 received no bids. Experts cite competition and market mismatches as reasons for the failures, exacerbated by current economic conditions and the ongoing war.Economy · 1d agoSkoda's New Electric Crossover Aims for Practicality Amidst Market ChallengesSkoda has launched its new electric crossover, the Elroq, in Israel, aiming for practicality in a shrinking EV market dominated by Chinese brands. Priced from 183,000 shekels, the Elroq offers a conservative design, comfortable interior, and a 400 km real-world range, but faces stiff competition from more affordable and better-equipped Chinese models. The vehicle is positioned as a sensible choice for consumers wary of Chinese EVs or prioritizing function over size.Economy · 1d agoNvidia's Impact Drives Israeli Economic Growth FiguresIsrael's economic growth figures are heavily influenced by Nvidia's activities, particularly through its acquisition of Mellanox. Without Nvidia's contribution, the country's GDP growth would be significantly lower, impacting policy decisions and international forecasts. For instance, growth was 3.5% last year, but only 2.1% without Nvidia. This reliance has led to concerns regarding potential impacts from recent developments at the tech giant.Economy · 1d agoTel Aviv Stock Exchange Opens Amid Global Uncertainty and Tech Sector VolatilityThe Tel Aviv Stock Exchange is opening amidst global uncertainty, including developments at Nvidia, a potential Tesla-SpaceX merger, and geopolitical tensions. Investors are reacting to Wall Street's volatility and rising U.S. Treasury yields. Dual-listed stocks offer slight support, while individual stocks like Next Vision and Delta Galil showed positive movement yesterday. Asian markets are mixed, and the Japanese yen is weakening against the dollar. U.S. futures point to a negative opening, following yesterday's declines on Wall Street.Economy · 1d ago · also in 1 newsroomNvidia Employees in Israel Fear Stock Option Losses Amid CEO ScandalNvidia employees in Israel are facing significant financial losses and anxiety as the company's stock plummets following revelations about CEO Jensen Huang's personal conduct. Huang admitted to extramarital affairs, leading to a stock drop of approximately 12% this week and 30% since October. Many of the 6,000 Israeli workers, who have benefited greatly from equity compensation, are now seeing hundreds of thousands, or even millions, of dollars in paper losses.Security · 1d agoIsraeli Supreme Court Orders Cyber Firm Founder to Pay $4.7 Million for FraudIsrael's Supreme Court has ordered Tsiki Korland Fox, founder of the cyber company Bio-Nexus, to pay 17.3 million shekels to Czech investment firm Springtide Ventures for fraud. The court found Fox misrepresented Bio-Nexus's financial status, leading Springtide to invest millions based on fictitious reports. The ruling also established a precedent regarding third-party liability in breaches of trust and clarified conditions for mitigating damages. Fox was also ordered to pay 35,000 shekels in legal costs.Economy · 1d agoIsraeli Retailer Osher Ad Masters Consumer Frenzy with Squishy Toy BundlesIsraeli supermarket Osher Ad is experiencing a surge in demand for squishy toys resembling popular brands, with a pricing strategy that limits purchases by increasing the cost of additional units. Meanwhile, a senior Israeli Tax Authority official, Nili Ben Tovim, defended a proposed new tax on flights, sparking a debate about its potential impact on consumers and industries.Economy · 1d agoChinese Car Importers Signal End to Price Wars with 2027 IncreasesChinese car importers have notified Israeli leasing companies of price increases set to begin in early 2027. This shift is driven by China's decision to reduce VAT rebates on electric and hybrid vehicle exports starting April 1, 2027. The move aims to curb aggressive pricing and establish higher export bases, impacting more affordable Chinese models significantly. Despite the policy change, substantial existing inventories in Israel may delay the full effect of price hikes until later in 2027.Economy · 1d agoMizrahi Tefahot Bank Ad Dominates Recall RankingsMizrahi Tefahot Bank's new advertising campaign, featuring actresses Gia Beer Gurvitz and Dvir Bendek, has topped the weekly recall rankings. The ad promotes the bank's offer to fund children's activities up to NIS 1,000 annually. "Insurance 9" starring Oudi Kagen remained the most popular ad for a second week. Total advertising investment rose to NIS 91 million this week, with Cal and One Zero leading spending.Culture · 1d agoPizza Night Team Opens New Bistro on Tel Aviv's Shenkin StreetChef Ran Blefer and his partners have opened a new bistro, "Laila Shenkin," on Tel Aviv's Shenkin Street, expanding from their successful "Pizza Night" on Levinsky Market. The bistro offers a broader menu beyond pizza, inspired by neighborhood eateries. The team aims to provide a welcoming atmosphere with accessible prices and a focus on fresh ingredients, utilizing their signature stone oven for a variety of dishes. The new establishment is intended to fill a culinary void on Shenkin Street, offering a more diverse dining experience.Security · 1d ago · also in 9 newsroomsElection Influence Probe Lacks Substantive Evidence, Says Top JudgeSupreme Court Justice Noam Sohlberg, head of the Central Elections Committee, stated that the probe into election influence suspicions currently lacks substantial evidence. He criticized leaks from the investigation, calling them damaging. Sohlberg confirmed ongoing cooperation between the Shin Bet, police, and legal counsel, despite earlier reports of refusal. The Attorney General also clarified that investigations require evidentiary justification.Economy · 1d ago · also in 2 newsroomsNew Arkia Owners Face Labor Dispute and Deep Financial WoesThe Nakash family is selling its controlling stake in Arkia airline for an estimated NIS 40-50 million to a group led by Kidyan Dahari and Yaron Adib. The new owners face an immediate labor dispute declared by the Transport Workers Union and deep financial losses, projected at $50-60 million for the year. An aviation expert believes the investors will stabilize the company short-term but warns of long-term challenges in achieving profitability and improving service quality, noting the buyers' lack of industry experience.Security · 1d agoWolt CEO Responds to Safety Complaints, Vows to Remove ViolatorsWolt Israel CEO Tomer Cohen addressed a complaint from the National Road Safety Authority (RSA) regarding courier traffic violations. The RSA requested an investigation and closure of Wolt's operations, citing persistent safety issues and lack of a proper action plan. Cohen stated Wolt dismisses dozens of couriers monthly for offenses and is using AI to identify problematic couriers, while also accusing the RSA of a PR campaign.Tech · 2d ago · also in 7 newsroomsNvidia's Interim CEO Colette Kress Discusses AI Future and IsraelColette Kress has been appointed interim CEO of Nvidia after Jensen Huang's resignation. Kress, Nvidia's CFO, emphasized the importance of the Chinese market and praised the company's Israeli development centers. She highlighted the strategic acquisition of Mellanox and Huang's foresight in leveraging GPUs for AI. Kress believes the AI revolution is still in its early stages, with significant future advancements expected.Economy · 2d agoAonix Reports Strong Revenue Growth Fueled by Israeli Acquisitions, Despite Net LossAmerican defense firm Aonix reported third-quarter revenues of $167 million, exceeding analyst expectations due to acquisitions in Israel. Despite revenue growth, the company posted a net loss of $62.6 million. Aonix projects significant revenue increases for 2026 and 2027, aiming for positive EBITDA by Q3 2027. The company has appointed former Mossad chief David Barnea to a senior role.More from Globes