Chen Lichtenstein

Adama to cancel NY offering

Demand from US institutions has been low at the offering price that Adama seeks.

Binyamin Zomer "Not developing Leviathan costs state $3b a year"

Noble Energy Israel manager Binyamin Zomer said Leviathan production had already been delayed from 2016 to 2018.

Joseph Papa Perrigo to raise $900m in NYSE secondary offering

The company will use the offering to help finance the $4.5 billion acquisition of Omega Pharma.

Opportunity for new start with Israel Tax Authority

The "voluntary disclosure" procedure offers a chance to settle past tax debts without fear of criminal proceedings.

Mobileye Mobileye rises on strong Q3 results

The vehicle collision avoidance technology developer saw revenue skyrocket 70% in the third quarter.

Spencer Equity Group asset Spencer Equity Group raises only NIS 200m on TASE

The US real estate developer had been seeking to raise NIS 400 million in the institutional and public tenders.

Leviathan Energy minister approves Karish and Tanin boundaries

Italy's Edison and other European and US energy companies are interested in buying the fields from Delek and Noble Energy.

Blackhawk to invest up to $60m in Globe licenses

Blackhawk Partners has signed an MOU to invest in energy exploration and development at Ofek, Yahel and Bar-Or.

shekel  picture: Tamar Mitzpi Shekel loses more ground against dollar

FXCM Israel: The calmer security situation yesterday has helped moderate the weakening of the shekel.

Tel Aviv University's Ramot raises $23.5 million

Singapore's Temasek, India's Tata and SanDisk have invested in the technology transfer company's Momentum Fund.

Dan Galai Andbank buys controlling stake in Sigma

The Spanish bank has been searching for a foothold in the Israeli market for some time.

Yair Lapid Gov't plans capping apartment rent rises

The bill, already approved by the housing cabinet, will prohibit raising rents by more than 2% annually.

Thu: IDB stocks tumble

The Tel Aviv 25 Index rose 0.1% today and 0.5% for the week. IDB Development and Discount Investment were notable decliners.

Tamar Tamar partners to invest $2b to expand production

The investment will enable gas exports to Union Fenosa's installation in Egypt.

crowded airport Histadrut halts Ben Gurion Airport sanctions

Israel Airport Authority workers are protesting the Ministry of Finance's decision to charge royalties.

Lilach Asher-Topilsky Israel Discount Bank profit falls

Third quarter profit in 2014 was NIS 234 million, down from NIS 274 million in the corresponding quarter.

Sir Suma Chakrabarti Emerging markets: obstacles and opportunities

The "Emerging Markets and the EBRD Region" session at the 2014 Globes Israel Business Conference will discuss growth in China, India and Brazil.

Hebrew University Treasury orders cuts in Hebrew University pensions

This is the first time the Finance Ministry has demanded a cut in unfunded pension benefits at any public institution.

IRS tax US US tax authority targets Israeli investment funds

The institutions being targeted advised customers to open accounts in tax havens.

Yair Lapid  picture: Motti Ze'evi Treasury sees 18% rise in tax exemptions

The best known reason for the increase in exemptions is Minister of Finance Yair Lapid's 0% VAT bill.

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