Category: 6. Business
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CME: Notable volume increase in metals options trading
Weekly options for copper have had a 104% year-to-date volume spike and activity is averaging more than 800 contracts per day, according to a report released by CME Group. Weekly options for gold have also experienced a surge in popularity,… Continue Reading
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Foreign airlines seek legal changes before returning to Israel
Representatives of foreign airlines in Israel have sent a letter to the Knesset Economic Affairs Committee legal advisor seeking an amendment to the Aviation Services Law. The amendment would make it easier for foreign airlines hit… Continue Reading
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‘The private markets hold tremendous growth potential’
In an increasingly volatile economic landscape marked by geopolitical tension and market unpredictability, Hamilton Lane’s Co-CEO Juan Delgado arrived in Israel to advance the firm’s activity in the country. Hamilton Lane is one of the… Continue Reading
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Carrefour quits Jordan over anti-Israel boycott
Following a boycott of Carrefour in Jordan in protest against its supermarket chain in Israel, the French retail giant has closed all its stores in the Hashemite Kingdom, Carrefour Jordan has announced on its Facebook page, which… Continue Reading
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Tel Aviv PR agency opens tech-focused US branch
Zamir Dahbash’s PR agency, Shalom Tel Aviv, is expanding into the US market with Tell NY, a strategic communications and crisis management firm specializing in technology. The New York office will be headed by Tamar Harel. The US… Continue Reading
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Regev strikes deal with Treasury on congestion charge
The bad blood between Minister of Transport Miri Regev and Minister of Finance Bezalel Smotrich tends to break forth when they come to negotiate on the state budget. At the government meeting on the budget last week they exchanged… Continue Reading
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How Israeli CEOs see the 2024 election shaping their future
As the 2024 US presidential election finally arrives, Israelis are increasingly aware of its potential implications for their economy and geopolitical stability. Leading voices in the Israeli business community, including CEOs and key… Continue Reading
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Elbit Systems wins $127m follow-on APS order for US Army
Elbit Systems (TASE: ESLT; Nasdaq: ESLT) has been awarded a follow-on contract of approximately $127 million to supply Iron Fist Active Protection Systems (APS) to General Dynamics Ordnance and Tactical Systems (GD-OTS) for upgrades… Continue Reading
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Tech leaders plan $800 Tel Aviv – New York return fares
For over a year, US airlines have not regularly operated flights to Israel, leaving El Al Israel Airlines Ltd. (TASE:ELAL) as the only carrier operating direct flights between Israel and the US. The worsening situation imposes a de… Continue Reading
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Can gold continue its momentum amid another interest rate cut?
Traders expect a 99.6% chance of a quarter-point interest rate cut at the upcoming FOMC meeting scheduled for Wednesday, according to data released by CME Group. In September, the Federal Reserve announced its first rate cut in four years,… Continue Reading