News

21 May 13Lapid changes tune to sell austerity plan Qualcomm CEO: We seek Israel's technology leaders Ishay Davidi: Tax the rich and levy an estate tax ADHD co Alcobra to raise $25m on Nasdaq Tuesday Melisron to open Prima business hotel in Ra'anana Powermat acquires Finland's PowerKiss eBay launches Israeli developed purchase manager Israel's Facebook community numbers 4m real users Traffilog signs $40m Chinese deal Bladder treatment co TheraCoat raises $7m Micromedic kit addresses need highlighted by Angelina Jolie AFI Development doubles profit Treasury sources: Budget chief was pushed out Shekel weakens further Waze trumps Google on Ayalon closure Suntech supplying panels to two Shikun & Binui solar plants
20 May 13"We're concerned mortgage risk assessment is wrong"Camtek soars 40% on strong guidance IAI presents latest cyber intelligence and communications solutions Performance support software co Kryon Systems raises $1m High-tech cos raised $196m in Q1 Lapid tells "New York Times": I hope to succeed Netanyahu Police probe alleged financial irregularities by Yachimovich Interactive video co Interlude raises $15m "We need money from purchase tax on homes"IEC seeks to empty workers' trustee account Haifa Port workers earn average NIS 38,000 monthly Haredim raising $100m fund to blunt budget measures Gunman kills four in Beersheva bank Teva, Check Point rebound TASE chief: Market needs resuscitation Oil Refineries swings to profit Alvarion acting CEO: We're looking to raise equity Edward Prescott slams Israeli fiscal policy Shekel weakens
19 May 13Meretz chair: Lapid not worthy of being finance minister Ori Allon to visit Israel to invest in start ups HSBC: Bank of Israel could cut interest rate again next week Chip co ASOCS raises $3m Municipal rates to be doubled on empty apartments Historic Jerusalem Jaffa Road building up for sale New tax targets largest homebuying segment Tshuva: Gas exports worth $100b to Treasury Israeli cos provide translation services for Google apps Half of wage-earners don’t meet tax threshold Alvarion's troubles mount as Wi-Fi sales fall Mobile carriers halve workforce Haredi smartphone in the works Yam 3 drilling resumes Katz promises new port tender within two months Comptroller to review Netanyahu's expenses Govt plans to use army to break any port strike
16 May 13IEC in talks to buy Better Place cars Regulator to declare Haifa, Ashdod ports an oligopoly Better Place vacates Rosh Ha'Ayin offices Donald Trump eager to build Ashkelon golf course Cellcom, Partner to buy TV channels from Yes, Hot Jive Software acquires social business platform StreamOnce Caesarstone signs IKEA US deal IAI unveils maritime solutions to protect gas rigs "Globes" becomes Israel's most viewed financial news website David Azrieli cuts salary 60% to NIS 10m a year Brainsway to raise $6.3m in private placement Cell Cure Neurosciences awarded $1.5m Chief Scientist grant Harel, partners buy 2 Frankfurt office buildings for €98m 2.8% Q1 growth dispels slowdown fears Pfizer sues Unipharm for violating Viagra patent How to save 20% of your electricity bill Analysts divided on likely BoI interest moves Lapid: Budget buys insurance economy won't collapse To do list app Any.DO raises $3.5m BoI: 42,000 families failing to meet mortgage payments BoI medicine works: Shekel continues to weaken against dollar Africa-Israel rights issue raises NIS 217m Israel's poverty rate highest in OECD Mellanox buys US co Kotura; share price up strongly Significant signs of gas at Karish 1 well
14 May 13Government passes budget CPI up 0.4% in April
13 May 13Video content co Wochit raises $4.75m Rami Levy becomes an official Apple importer Gindi wins bid for Tel Aviv wholesale market second stage Shekel weakens sharply following rate cut Chief Scientist budget cut reduced Stormy Knesset session muddies waters on gas exports BoI cuts interest rate Tower teams with TLi on mobile phone chips New mortgage grants slow slightly Cellcom first quarter profit down 61%Food consumption down 2.3%Epsilon: Treasury plan will fail Netanyahu promised thousands of rental homes - result: 90 Mobile competition cuts into Bezeq revenue "Stronger dollar could change shekel trend"NIS 3b slashed from 2014 defense budget Teva mulling acquisition in South Africa - report Compromise emerging on defense budget Higher potash sales boost Israel Chemicals results
12 May 13Chiasma fires one-third of workforce Defense budget fight reaches decisive battle Burial societies slam Treasury on "graves tax"Teva CFO: I hope we can move more activities to Israel Chief Scientist: Budget cuts will close programs Golan Telecom offers NIS 50 monthly plan Perrigo to hold $600m debt offering Kfar Saba introduces automatic parking tickets Shemen Oil sells Yam 3 stake to Caspian Drilling Bennett seeks stronger legislation on business pyramids Hamashbir signs deal to sell Better Place electric cars Death and taxes: Treasury wants municipal rates on graves Lapid: Austerity proposals are not final Lapid meets Teva CEO on tax breaks 10,000 demonstrate in Tel Aviv against austerity

VIEWS

Avi TemkinUnions aren't problem, but lack of them

Israel's problem is not strong unions operating in the economy but that there are poor workers, in part because of the lack of organized labor.

Dubi Ben-GedalyahuA diplomatic crisis Israel cannot afford

Transport Minister Yisrael Katz's Facebook posts about his reprimand of Ford and US Embassy officials have vanished.

Stella Korin-LieberNo-one is looking after our assets

The Government Companies Authority has failed in its task and should be abolished.

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