The ceasefire agreement between Israel and Hamas could reduce risks to the economy and public finances if it is adhered to and more progress is made, Big Three credit rating agency Moody’s said Tuesday.
It could also reduce the tail risks…Category: 6. Business
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Israel’s eToro plans Wall Street IPO in Q2 with $5 billion valuation tar
Israel online trading platform eToro has made a confidential filing with the US Securities and Exchange Commission (SEC) for a Wall Street IPO, The Financial Times reported.
As reported last month by Globes, the planned company valuation…
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Carlebach Street to undergo massive changes by Tel Aviv Municipality
The Tel Aviv Municipality has unveiled interesting plans for Carlebach Street near the Tel Aviv Mall and the former wholesale market. The municipality recently published a guide for existing tenants in the Carlebach lot in the city center,…
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IBM partners with L’Oréal, builds AI model to find cosmetics solutions
Multinational technological company IBM is partnering with cosmetics giant L’Oréal to develop an AI model with the goal of finding sustainable cosmetics solutions, the companies announced earlier this week.
The collaboration will combine…
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Metropolis buys Israeli facial recognition co Oosto
US AI powered parking platform Metropolis is acquiring Israeli AI facial recognition company Oosto (formerly AnyVision), “TechCrunch” has confirmed. “Globes” was the first to report over the weekend that Oosto was in the final…
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Lockheed Martin appoints Tal Ganor as Israel CEO
Lockheed Martin has appointed Tal Galor (41) as vice president and chief executive for Israel. In 2022, Galor was chosen by “Globes” as one of Israel’s 40 most promising people under the age of 40. She replaces Brig. Gen. (res.)…
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Plus500 joins major European index as stock hits record high
Israeli online contract-for-difference (CFD) platform Plus500 (LSE: PLUS) has seen its share price rise 70% over the past year and it is currently trading on the main London Stock Exchange at an all-time high. Last week the company…
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What are PhD-level AI super-agents and will they replace human workers?
AI super-agents could potentially be able to do jobs typically done by humans, meaning AI may be coming for your job – in theory.Continue Reading
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Changes to Israel import and export tax – what you need to know
The OECD has published a model tax treaty to fix the taxable profit of companies that import physical goods from a related foreign supplier. Much international trade is done this way. The model treaty issued September 26, 2024 is known as…
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Israel’s Economy Ministry invests millions for Dimona innovation center
Plans were authorized for Darom – a new innovation center in Israel’s southern city of Dimona, the municipality announced last week.
The center, a 5,000 meter squared 13 dunam facility, will focus on green industry, robotics, hydrogen and…
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