Category: 6. Business
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Goldman Sachs Says ‘Go for Gold’ as Central Banks Buy
Goldman Sachs Group Inc. has positioned gold as a premier commodity pick for 2025, with analysts explicitly directing investors to “Go for gold.” The firm’s forecast points to an unprecedented rally reaching $3,000 per ounce by December… Continue Reading
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Elbit Systems wins contracts worth $335m in Europe
Elbit Systems Ltd. (TASE: ESLT; Nasdaq: ESLT) has been awarded contracts worth a total amount of approximately $335 million (NIS 1.25 billion), to supply defense systems to a European country. The contracts include the supply of… Continue Reading
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Hapoalim Q3 profit up 14%
Bank Hapoalim, headed by Yadin Antebi, has opened the reporting season for Israel’s banks with financials showing 14% growth in third quarter net profit to NIS 1.9 billion. The rise in comparison with the third quarter of 2023… Continue Reading
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French gov’t seeks to bar Israelis cos from Paris Air Show
The French government has filed an appeal with the administrative court in Paris to overturn the ruling that allowed Israeli defense companies to participate in the Euronaval exhibition. … Continue Reading
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Polish central bank becomes biggest buyer of gold
Poland has solidified its position as one of the world’s top holders of gold reserves, surpassing Great Britain by increasing its holdings to over 400 tons. This milestone underscores the country’s growing emphasis on financial security… Continue Reading
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Israel’s Q3 growth figures unexpectedly robust
Initial estimates show unexpectedly robust 3.8% growth, on an annualized basis, in the third quarter of 2024, the Central Bureau of Statistics reports. GDP rose by 0.9% compared with the preceding quarter. These latest figures are… Continue Reading
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Silver Shines Brighter Than Gold in 2024
Recent data from the World Gold Council reveals that silver has emerged as the top performer in the precious metals sector, achieving an impressive 42.4% gain and surpassing its more prestigious counterpart, gold. This shift highlights a… Continue Reading
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US health insurance co Elevance closing Israeli center
After five years in Israel, US health insurance giant Elevance Health Inc. is shutting down its activity here, “Globe” has learned. The development center, formerly called Carelon, and managed by Udi Goori, dealt with development of… Continue Reading
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Soho Jerusalem – Welcome to your future in Jerusalem
Welcome to Jerusalem’s neighborhood of the future – Soho Jerusalem, the new residential complex in the heart of Jerusalem’s Katamon neighborhood. Soho Jerusalem will feature five 34-story towers, including residential complexes, a… Continue Reading
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WhatsApp adds message drafts to save unfinished messages automatically
WhatsApp has introduced a new feature called “Message Drafts,” designed to help users save unsent messages. This update eliminates the concern of losing incomplete messages, as any unfinished text is automatically saved as a draft. The… Continue Reading
