Category: 6. Business
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Two more groups mull bidding for Isracard
The battle to buy Isracard (TASE: ISCD) has moved up a gear. After Menora Mivtachim Holdings Ltd. (TASE: MMHD) renewed its offer earlier this month to buy control of the credit card company, after which WeSure Global Tech (TASE:… Continue Reading
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New Check Point CEO to receive $15.3m remuneration package
New Check Point Software Technologies Ltd. (Nasdaq: CHKP) CEO Nadav Zafrir will receive remuneration package of up to a $15.3 million, subject to approval at the shareholders meeting at the end of October. Israeli cybersecurity… Continue Reading
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Israelis shunning NIS 200 bills due to abolishment fears
With the Israeli government considering the cancelation of NIS 200 bills to fight the black economy and tax evasion, some Israelis are reportedly already taking action. Even though the Bank of Israel has poured cold water on the… Continue Reading
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Teva settles opioid suits in Israel
The opioid affair in which Israeli drugmaker Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) has been embroiled has now been settled in Israel. The economic court in Tel Aviv has approved suits filed against Teva Israel… Continue Reading
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Despite escalation shekel and TASE defy risk factors
A look at the macroeconomic data, which indicates how Israel is perceived by investors can be misleading. There is a series of data pointing to serious concerns on the part of investors, while there is the shekel-dollar exchange… Continue Reading
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Protect your early retirement: 4 mistakes to avoid
Early retirement feels like a dream, doesn’t it? Imagine this: leisurely mornings, no rush, and the freedom to do as you please. Many people chase this dream by joining the FIRE (Financial Independence, Retire Early) movement, aiming to… Continue Reading
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What Israelis need to know about finances before moving abroad
The Central Bureau of Statistics (CBS) reported this week that in 2023, more Israelis left the country for extended periods and did not return. Most of those who left were men, predominantly single, and between the ages of 25 and 44. Those… Continue Reading
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Gold Stable, Silver Slips as U.S. Dollar Recovers on Housing Data
Gold prices (XAU/USD) remained stable during the European session, trading near $2,660, as investors digested weak U.S. economic data and rising geopolitical risks in the Middle East. Meanwhile, silver (XAG/USD) experienced a pullback,… Continue Reading
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China could be exporting a new good: Inflation
With the U.S. stock market at all-time highs, inflation remaining slightly above target, and the Federal Reserve recently announcing a half-point rate cut, China made a move of its own on Tuesday. It implemented the most extensive stimulus… Continue Reading
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UBS: September didn’t scare precious metals market
The beginning of September brought plenty of worrisome news for precious metals investors. Heading into the month, during which gold has historically underperformed, investors mulled what to do with their positions as the yellow metal was… Continue Reading
