Category: 6. Business
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Teva leapfrogs Check Point as Israel’s most valuable company
Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA is once again Israel’s most valuable company. Teva has leapfrogged Check Point Software Technologies Ltd. (Nasdaq: CHKP) on Wall Street after the cybersecurity company’s… Continue Reading
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WGC: All-in sustaining costs continue to rise
The report shows average AISC in Q2 grew 1% quarter-over-quarter and 6% year-over-year to about $1,388 an ounce. Gold traded at all-time highs Wednesday morning at the $2,780 level. The data, updated through June 2024, shows cash operating… Continue Reading
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ARK CEO questions strength of economy based on metals-gold ratio
Cathie Wood, CEO and CIO of ARK Investment Management, recently raised concerns about the state of the global economy as gold prices climb while other metals struggle to keep up. In a recent statement, Wood noted a unique divergence between… Continue Reading
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Investment, ETF demand for gold has surged
Gold demand rose 5% year-over-year to 1,313 tonnes in Q3 2024, according to a World Gold Council report released on Wednesday. The revelation continues a noticeable trend since Q1 2024 where gold demand has risen heavily, leading to a rise… Continue Reading
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El Al withdraws bid to buy control of Isracard
El Al Israel Airlines Ltd. (TASE:ELAL) has withdrawn its bid to buy control of credit card company Isracard (TASE: ISCD). Two weeks ago the airline made an offer to buy a controlling stake in the credit card company at a company… Continue Reading
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Israeli data loss prevention co MIND raises $11m
Israel data loss prevention (DLP) company MIND emerged from stealth today and unveiled its platform to enable organizations to protect their most sensitive data. The company also announced that it has raised $11 million in a seed… Continue Reading
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Gold & Silver Stocks Are About to Leave the Station
In a recent interview with VRIC Media, industry experts Brien Lundin and Tavi Costa shared their bullish outlook on the precious metals sector. They highlighted the potential for significant gains in both gold and silver, particularly in… Continue Reading
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Bankers Likely Secretly Buying Gold & Silver | Patrick Holland
A recent interview with renowned investor Patrick Holland, conducted by Liberty and Finance, has sparked significant interest in the precious metals market. In the interview, Holland delved into a range of topics, including the current state… Continue Reading
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High-end home sales on the rise in Israel
The high-end housing market is recovering compared with the start of the war, although sales are still relatively low, reflecting the overall market, the latest Ministry of Finance chief economist quarterly survey of the real estate… Continue Reading
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The grand project is underway: 4,280 new apartments to be built in this
Thousands of new apartments in Ashdod’s city center: The Israel Land Authority has signed off on a plan for the CBD District in central Ashdod, which will encompass 4,280 housing units along with commercial and employment spaces. The plan… Continue Reading