Zehavit Cohen  picture: Tamar Mitzpi

Apax Israel raises new $250m fund

Apax Israel CEO Zehavit Cohen has completed raising the fund, which will be used for about 10 acquisitions in Israel.

Avi Nissenkorn Histadrut, Treasury in talks to avert strike

Ministry of Finance wages director: A NIS 200 rise in the monthly minimum wage will increase state spending by NIS 1 billion.

Thu: Investors cheer Teva appointment

Teva led trading today and closed higher after naming Yitzkhak Peterburg chairman. Perrigo and Bezeq were other notable advancers.

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.

Avraham Novogrocki Africa-Israel reports higher profit

CEO Avraham Novogrocki: We're going ahead with projects in Russia.

Operation Protective Edge picture: Reuters Treasury seeks NIS 3.6b transfer to Defense Ministry

The amount is to cover some of the expenses of Operation Protective Edge in the summer.

Asi Bartfeld Delek expects London IPO in mid-2015

Delek CEO: A London listing will help us become a leading international energy company.

Yitzhak Peterburg Teva appoints Yitzhak Peterburg as chairman

The former Cellcom CEO will replace Phillip Frost on January 1.

Yedioth Ahronoth Yedioth Ahronoth to lay off 150 distribution workers

Most of the workers are over 40, and some have worked for the newspaper for decades.

payslip  picture: Tamar Matzapi Israeli salaries lower than in 2001

The average gross salary in 2013 was NIS 9,051, compared with NIS 9,290 in 2001.

Dudu Zaken Dudu Zaken: Bank provisions for credit losses too small

Provisions for the first nine months of the year averaged a negligible 0.02% of the banks' credit portfolios.

Danino Uziel

CEO Excellence Nessuah

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Bank Leumi branch picture: Tamar Mitzpi Leumi nears settlement with US authorities - report

Bank Leumi will pay $400 million in fines for allegedly helping Americans to evade taxes, "Bloomberg" reports.

cancer Good-bye chemotherapy, hello immunotherapy

Compugen CEO Dr. Anat Cohen-Dayag: Today, we dare to talk about curing cancer.

American Eagle American Eagle to cut Israel prices 30%

In a pilot, sales of jeans rose substantially after prices were cut 25%.

shekels No respite in shekel depreciation

FXCM Israel: Sentiment on the shekel is so low nobody wants to buy the Israeli currency.

TV formats Israel TV formats provide profitable investments

TV Format Fund specializes in financing Israeli television formats for export.

Shlomo Eliahu Shlomo Eliahu raises Migdal minimum wage to NIS 5,300

The Migdal Insurance controlling shareholder urged other companies to follow suit, saying current poverty is shameful.

Yitzhak Tshuva  picture: Bloomberg Kushner discount demands imperil Phoenix deal

Market sources believe Yitzhak Tshuva's Delek Group will refuse the request for a 15% cut in the insurance company's sale price.

Tel Aviv fast lane Leumi Partners to invest NIS 80m in Shapir IPO

Shapir's IPO is expected to be one of the largest on the Tel Aviv Stock Exchange (TASE) in recent years.

Jonas Birgersson Tensions at fiber optic co over slow progress

Israelis shareholders are dissatisfied with how Via Europa is leading the venture.

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