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Kare Schultz Photo: PR The change had to be made, Teva's CEO tells "Globes"

Kare Schultz: I'm very sad about the good people around the world who will leave us; we're doing what has to be done to remain a competitive and strong company.

Kare Schultz Photo: PR Teva CEO tells Netanyahu of hostile takeover risk

In a letter to Prime Minister Benjamin Netanyahu, Kare Schultz commits to keeping Teva Israeli.

Teva workers demonstrate  photo: courtesy Histadrut Economic damage from Teva's cutbacks will mainly be local

Teva's contribution to Israel's tax revenues has been virtually zero.

dollars  picture: Thinkstock US offerings in Tel Aviv a bonanza for underwriters

US companies are paying triple the fees paid by Israeli companies for bond issues.

David Koch  photo: Carl Allegri, Reuters Koch Industries leading $75-150m round in Insightec

The Israeli medical equipment company's financing round is at a company value of $460 million, before money.

Teva Photo: Reuters Teva announces 14,000 layoffs worldwide

CEO Kare Schultz: Teva will optimize its cost base while ensuring that we protect our revenues and preserve our core capabilities.

Eli Gelman Over 40% of Amdocs employees are in India

Only 19% of the company's workforce is in Israel.

Bitcoins Blockchain co Colu raises $14.5m from IDB

The Israeli company, which has created a wallet app for digital, localized currencies, has been an active player in blockchain technology since 2014.

Kare Schultz Photo: PR Teva to fire at least 3,000 in Israel

The pharmaceutical company will close down most of its production operations in Israel, sources inform "Globes."

Ruben Eblagon Photo: Guy Gilad Rosario Capital teams with US real estate consultants

Through Ackman-Ziff, Rosario will offer financing services to Israeli real estate companies investing in the US.

Yitzhak Peterburg Photo: PR Teva's Yitzhak Peterburg steps down

Peterburg was chairman of the board of directors which approved Teva's $40 billion acquisition of Actavis.

cancer Gamida Cell reports positive cancer drug trial

The company is preparing for an IPO next year, after recently raising money at a $160 million company value.

Mayor Nissim Malka Photo: Kobi Gidon GPO Kiryat Shmona braces for Teva plant closure

Mayor Nissim Malka: The layoffs are liable to make people leave the town.

Nasdaq Photo: Reuters IVC identifies 24 Israeli tech cos ready for IPO

IVC-Research says that the large amounts raised by the companies makes them ripe for a public offering.

Aeronautics Orbiter Aeronautics wins $13m African UAV deal

Delivery of the drones will be over 18 months.

Tel Aviv Stock Exchange Japanese co IRI files to raise NIS 44m in TASE IPO

The money raised will be used mostly for investments in startups in Israel and Japan.

bank  image: thinkstock Basel 4 rules for banks finally approved

Israeli banks are already strictly regulated no dramatic changes are expected.

Shmuel Hauser Photo: Eyal Yitzhar Hauser: We'll block bitcoin based cos from TASE indices

The Israel Securities Authority chairman says he is considering banning the companies until a regulatory framework is approved for cryptocurrencies.

Rachel Azaria  photo: Shlomi Yosef MK Rachel Azaria threatens banks with P2P legislation

Peer-to-peer lending platform companies repeated their complaints to the Knesset Reform Committee about the banks impeding their operations.

Nathan Hetz, photo: Tamar Matsfafi Alony Hetz raising $375m for US unit Carr

Besides leading the investment by Carr Properties Corporation's own shareholders, Alony Hetz is in talks with Clal Insurance on an investment of $300 million.

Ashdod desalination plant Photo: Albatross Israel Chemicals completes sale of IDE

The buyers include Clal Insurance, the advanced training fund of the Teachers Union, and IDE president and CEO Avshalom Felber.

bitcoin Shell co Fantasy Network soars on blockchain announcement

The company sold off its gaming activity in October.

Israel's smart car industry, photo: Shutterstock Lear buys Israeli precise GPS co EXO

The Tel Aviv company has developed GPS technology providing high-accuracy solutions for autonomous and connected vehicle applications.

Teva Photo: Reuters Exclusive: Teva to fire 500 managers in Israel

"Globes" has learned about Teva's streamlining plan, which includes 250 layoffs in the Migada Kiryat Shmona plant, which will be closed.

Brainsway Brainsway raises $8.5m

The company awaits a response from the FDA to an application to approve its product for use in treating obsessive compulsive disorder.

Brainsway Brainsway negotiating $8-10m financing round

The medical startup is seeking to raise money from Phoenix and IBI at NIS 15 a share.

Teva Photo: Tamar Matsafi Most Teva Israel layoffs expected at Petah Tikva HQ

As Teva workers await the axe, one tells "Globes" that he fears he will be shortchanged while outgoing CSO Michael Hayden gets $2.5 million by the end of 2018.

Roots Photo: PR Agtech co Roots raises A$5m in Australian IPO

The company developed an energy-saving system for heating and cooling crop roots.

Kare Schultz Photo: PR Teva mulls 10,000 layoffs - report

The planned cuts would save Teva $1.5-2 billion within two years, reports "Bloomberg."

Arie Belldegrun Photo: PR Gilead Sciences acquires CDL for $567m

Cell Design Labs was sponsored by Arie Belldegrun, founder of Kite Pharma, which Gilead acquired for $12 billion.

Eyal Waldman  photo: Tamar Matzafi Mellanox sees improved operating profit in 2018

The company expects to reignite growth, with Ethernet switches leading the way.

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