Globes - Israel business news

Avi Temkin

Fischer stings shekel speculators

Avi Temkin

Shlomi Cohen

SodaStream, EZchip squeeze the shorts

Shlomi Cohen

Yuval Azulai

Defense budget cut is a bluff

yuval azulai

Roy Goldenberg

Facebook may keep Waze independent

Roy Goldenberg

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Yair Lapid

"We need money from purchase tax on homes"

Finance Minister Yair Lapid told the Globes-BDO Ziv Haft Capital Market Conference, "It will remain in place, even if it costs Yesh Atid votes."

Four killed in Beersheva bank robbery

The gunman, reportedly a 40-year man who fell behind on his mortgage payments, eventually shot and killed himself.

Haredim raising $100m fund to blunt budget measures

"Mishpacha": Haredi tycoons want to minimize the damage planned by the government.

MARKET

Mon: Oil Refineries boosts market

Oil Refineries rose strongly on strong financials, while Teva continued its rally.

TASE chief: Market needs resuscitation Shekel weakens IEC seeks to empty workers' trustee account Oil Refineries swings to profit Teva, Check Point rebound Alvarion acting CEO: We're looking to raise equity

Europe embraces fecklessness

Europe's leaders continue to flood the market with credit, and ignore the real problem, says Norman Bailey.

Norman A. Bailey

ECONOMY

Haifa Port workers earn average NIS 38,000 monthly Edward Prescott slams Israeli fiscal policy Half of wage-earners don’t meet tax threshold Tshuva: Gas exports worth $100b to Treasury New tax targets largest homebuying segment HSBC: Bank of Israel could cut interest rate again next week Meretz chair: Lapid not worthy of being finance minister Municipal rates to be doubled on empty apartments

"No surprise Israel tops OECD proverty table"

Prof. Momi Dahan says Israel is the only country in the world that believes cutting welfare payments will cure poverty.

Prof. Momi Dahan

POLITICS

Lapid tells "New York Times": I hope to succeed Netanyahu

LEGAL

Police probe alleged Yachimovich financial irregularities

INFORMATION TECHNOLOGY

Israeli cos provide translation services for Google apps

TELECOM & MEDIA

Haredi smartphone in the works Mobile carriers halve workforce

START UPS & VC

Interactive video co Interlude raises $15m High-tech cos raised $196m in Q1 Performance support software co Kryon Systems raises $1m Chip co ASOCS raises $3m Ori Allon to visit Israel to invest in start ups

REAL ESTATE

Historic Jerusalem Jaffa Road building up for sale Apartments sold and rented 4 homes sold for NIS 5m each

VIEWS

Avi TemkinFischer stings shekel speculators

This is not the first time that Fischer has targeted foreign currency players who gambled on the strengthening of the shekel.

Avi Temkin

Shlomi CohenEZchip and SodaStream squeeze the short players

SodaStream's success in the US and EZchip's coming game changer chip are making the short players look sick.

Shlomi Cohen

Yuval AzulaiDefense budget cut is a bluff

Every year since 2006, there has been a subsequent addition of between 6% and 10% to the original defense budget.

yuval azulai

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