Moshe Kahlon and Benjamin Netanyahu

VAT, Companies Tax to fall

Minister of Finance Moshe Kahlon: We will return surplus tax receipts to Israel's citizens.

JNF JNF to transfer NIS 1.2b to Israel state coffers

The covenant between the Jewish National Fund and the state has been extended for two years.

Arye Deri and Benjamin Netanyahu Knesset to vote on gas agreement Monday

Benjamin Netanyahu may also ask the Knesset to transfer to the cabinet Aryeh Deri's authority to bypass the regulator.

Renting an apartment? Income tax won't exactly help

Families renting a larger home and renting out their smaller home should get a tax break.

Daniel Birnbaum Sodastream CEO: BDS movement is anti-Semitic

Daniel Birnbaum told the US media that BDS had hurt the Palestinians not the carbonated drinks company.

ebay logo Israeli sues eBay for NIS 100,000 for defamation

Adv. Paz Itzhaki-Weinberger wasn't allowed to sell unopened Chanel perfume, charging eBay receives payments from Chanel.

Yavin Gill-More Axel Springer's yad2 buys Israeli jobs website Drushim

yad2 will pay tens of millions of shekels for a 70% stake in the classified job ads website.

Moshe Kahlon Israel's budget passes first Knesset reading

Shas MKs supported the 2015-2016 budget but are demanding 0% VAT on basic goods to vote in favor on the second reading.

shekels Shekel stays firm

FXCM Israel: Consolidating above NIS 3.90/$ could pave the way to NIS 3.95/$.

Erez Vigodman Teva's Allergan deal may become more expensive

The price of the debt Teva plans to issue to finance the deal could rise because of the recent sharp fall in the market.

tabtale logo TabTale in talks to buy Swedish game co

The Tel Aviv-based app developer hopes Toca Boca's purchase for $60-120 million will drive it to the top of the digital charts.

Bechor Ronen

CEO and Owner Elsmed Group

Ford vehicle Ford hopes Israelis will drive SYNC forward

The US auto giant is hosting a Tel Aviv hackathon for developers focused on vehicle apps, with a Ford Fiesta up for grabs.

TA 25 makes it a positive week

After falling 5.8% last week, the Tel Aviv 25 Index regained some ground this week, given a lift today by a strong rise by Teva.

Nir Barkat Jerusalem Mayor attacks rich city mayors

Nir Barkat has condemned opposition to the Ministry of Finance's plan to institute a differential budget for local authorities.

Israel Broadcasting Authority Knesset cancels Israeli broadcasting license fee

The fee is canceled retroactively from January 2015. The new Israel Broadcasting Corp. begins operations in March 2016.

pharmaceuticals Andromeda trial failure spells likely end of company

Clal Biotechnology's share price fell 20% following publication of the juvenile diabetes treatment results.

SmartUp3 Accelerators let startups hit the gas

“Globes” reviews the four accelerators and incubators participating in the SmartUp3 competition.

gas oil Tamar Egypt: Talks with Israel to continue despite gas find

Egyptian petroleum minister Sharif Ismail told "Reuters" that the massive Zohr field won't kill deals with Israel.

Israel Railways Gov't freezes Israel Railways Bombardier engines deal

The Ministry of the Economy says that Bombardier is not fulfilling its reciprocal procurement obligations.

medicine HeartWare buys Israeli co Valtech Cardio for $860m

The acquisition of the Or Yehuda valve repair device company includes shares and milestone payments.

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