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Category: 6. Business

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  • Israel's fiscal deficit narrowed sharply in March

    Israel's fiscal deficit narrowed sharply in March

    Despite the war, the deficit fell, thanks to the tax revenues from the Google-Wiz deal.

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  • Morning Bid: Back to business

    Morning Bid: Back to business

    By Mike Dolan

    April 15 (Reuters) –

    What matters in U.S. and global markets today

    By Mike Dolan, Editor-at-Large, Finance and Markets

    Global stock markets are largely back near pre-war levels and Wall Street is once again flirting with…

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  • Hermès shares tumble on weak sales as Iran war hits luxury demand – Financial Times

    1. Hermès shares tumble on weak sales as Iran war hits luxury demand  Financial Times
    2. Hermès Falls Most on Record as Middle East War Hurts Sales  Bloomberg.com
    3. Hermes Stock Slumps as Birkin Bag Maker Flags Slowdown  WSJ
    4. Luxury brands book sales drop…

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  • Trump’s push to cut US rates akin to ‘banana republic’, says Yellen – Financial Times

    1. Trump’s push to cut US rates akin to ‘banana republic’, says Yellen  Financial Times
    2. Trump’s push to cut interest rates has echoes of ‘banana republic’, says Yellen  The Guardian
    3. Former US Treasury Secretary Yellen says one Fed rate cut…

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  • Hermès Falls Most on Record as Middle East War Hurts Sales

    Hermès Falls Most on Record as Middle East War Hurts Sales

    (Bloomberg) — Hermès shares tumbled as much as 14% as the disruption from the conflict in the Middle East dented the Birkin bag maker’s sales growth, showing that even the luxury goods industry’s most-resilient player is feeling the…

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  • Apartment overlooking Jerusalem's Old City sells for NIS 66.3m

    Apartment overlooking Jerusalem's Old City sells for NIS 66.3m

    The buyer, an American-Israel, also bought a second apartment in the David’s Village project and intends to combine the two.

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  • FX Daily: Pushing forward into de-escalation trades | articles

    FX Daily: Pushing forward into de-escalation trades | articles

    The US dollar index is trading at only around 0.5% above pre‑war levels. Markets have grown more confident that the Middle East crisis is moving toward a resolution, with the US and Iran arranging a second round of talks, and Tehran seemingly…

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  • Hamburger family sells Harel shares for NIS 1.2b

    Hamburger family sells Harel shares for NIS 1.2b

    The insurance company’s share price has risen 240% in the past year.

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