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Clinton: We will not impose a solution

September 2, 2010, 10:32 pm

Direct negotiations between Israel and the Palestinians opened today. Read More »

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MTS springs surprise in TA light rail saga

September 2, 2010, 10:16 pm

MTS has accepted the government’s proposal for a new franchise agreement. Read More »

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Cellcom sees NIS 320m sliced off net profit

September 2, 2010, 8:28 pm

The company is considering legal action over the cut in interconnect fees. Read More »

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Peace talks begin with right noises

September 2, 2010, 8:14 pm

Prime Minister Benjamin Netanyahu said in the White House that he was ready for “an historic compromise. Read More »

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Makhteshim gets permit for 120-MW power plant

September 2, 2010, 6:54 pm

Turkey’s Zorlu Energy is one of the companies that will be involved in building the $200 million project. Read More »

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Only 2% of lawyers want their jobs

September 2, 2010, 6:30 pm

Israeli lawyers see their current jobs as stations on the way to somewhere else. Read More »

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Library solutions co Ex Libris in Finnish National Library deal

September 2, 2010, 6:20 pm

Ex Libris will provide a unified interface for its collections and electronic resources. Read More »

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Teva loses Evista appeal

September 2, 2010, 6:00 pm

The company won’t market a generic version of Eli Lilly’s osteoporosis drug Evista. Read More »

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Second Israeli pill camera co mulls IPO

September 2, 2010, 5:56 pm

CheckCap’s product is at an earlier stage than Given Imaging’s products. Read More »

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Sialo advances with new dental implant

September 2, 2010, 5:36 pm

Sialo’s share price rose 5.7%. Read More »

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Top TASE share in 5770: up 621%

September 2, 2010, 5:26 pm

Leviathan partner Ratio Oil Exploration led a very strong oil and gas sector. Read More »

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No winner yet in Comverse land sale

September 2, 2010, 5:14 pm

Sources: Comverse will hold an auction next week, and will likely announce the winner by the end of the month. Read More »

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Elbit Systems buys Mikal subsidiaries, not Mikal

September 2, 2010, 4:28 pm

After buying all or most of three subsidiaries, Elbit Systems will sell its existing stake in Mikal. Read More »

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Kardan unit sells Russian bank stake to partner

September 2, 2010, 4:06 pm

TBIF sold part of Sovcombank for €32 million. Read More »

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Allium stents implanted in first French patients

September 2, 2010, 3:36 pm

Allium develops and manufactures non-vascular peripheral stents to keep open urinary and gastrointestinal passageways. Read More »

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Israeli car sales growth among world’s fastest

September 2, 2010, 3:26 pm

Nearly 19,000 new vehicles were delivered in August, another step toward the record deliveries expected for 2010. Read More »

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Communications minister slams mobile phone cos as he cuts rates

September 2, 2010, 3:20 pm

Moshe Kahlon cut the connectivity fee 73% to to NIS 0.068 per minute, effective January 1. Read More »

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IBI’s Ayalet Nir sees interest rate hike for October

September 2, 2010, 3:12 pm

IBI’s chief economist expects the CPI to rise by 0.3% in August. Read More »

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Pit deepens for Scorpio

September 2, 2010, 3:02 pm

Beny Steinmetz’s real estate firm reported a shareholders’ equity deficit of NIS 361 million Read More »

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YouTube launches Hebrew interface

September 2, 2010, 2:30 pm

YouTube’s popularity has greatly grown in recent months, surpassing Hebrew news site ynet and portal Walla! Read More »

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Workers reject First Int’l Bank bonus offer

September 2, 2010, 2:26 pm

The multiyear offer does not specify the amount for 2010. Read More »

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Shekel strength continues

September 2, 2010, 2:02 pm

Asian stock markets are trading higher today, following yesterday’s big jumps on Wall Street. Read More »

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AFI Development secures Russian bank funding

September 2, 2010, 2:00 pm

The loan will finance completion of Phase III of the Ozerkovskaya Embankment project. Read More »

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Makhteshim drops US co acquisition bid

September 2, 2010, 1:38 pm

Missouri-based Albaugh is the world’s largest private agrochemicals producer. Read More »

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Fischer: Real peace will boost economy 5-6%

September 1, 2010, 10:12 pm

The Governor of the Bank of Israel was addressing the governing board of the World Jewish Congress in Jerusalem. Read More »

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Gov’t claims solar energy tariffs follow global norm

September 1, 2010, 10:08 pm

The state was responding to a request for a class action on green energy subsidies. Read More »

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Regulator: Electricity rates “scapegoat” for IEC

September 1, 2010, 10:08 pm

Public Utilities Authority: We call on the company to come and to show us with numbers where there are mistakes in the rates. Read More »

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Housing Ministry markets land for another 3,000 homes

September 1, 2010, 7:10 pm

An especially large amount of land will be marketed in the Southern District, which the Housing Ministry says “has recently seen especially heavy demand”. Read More »

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Gov’t nixes delay of new mobile co tender

September 1, 2010, 7:09 pm

Communications Minister Moshe Kahlon: The tender will be published on September 15. Read More »

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Polar Investments claims Holyland sales continue

September 1, 2010, 7:03 pm

The company posted a net loss due to a write-off on the project’s inventory of unbuilt apartments and land. Read More »

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August was top month this year for mutual funds

September 1, 2010, 5:14 pm

Assets managed by mutual funds hit a record NIS 150 billion. Read More »

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Online foreign markets trading resumes after glitch

September 1, 2010, 4:30 pm

Shinhav provides banks and investment houses a foreign securities trading platform. Read More »

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HOT completes new Internet network ahead of time

September 1, 2010, 2:48 pm

The ultrafast Internet (UFI) network is based on an upgrade by Cisco Systems. Read More »

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FMS armor kits don’t protect against weak euro

September 1, 2010, 2:16 pm

FMS: In order to strengthen business and increase sales, we’re considering either setting up a factory in Europe, or acquiring a company. Read More »

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Mazor wins FDA nod for combined surgical systems

September 1, 2010, 12:56 pm

The firm will begin marketing the navigation and imaging system in early 2011. Read More »

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Emblaze in talks to sell Formula stake

September 1, 2010, 12:44 pm

Negotiations value Formula at NIS 1 billion. Read More »

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Internet ads improve Ma’ariv results

September 1, 2010, 12:38 pm

The media and publishing company cut its net loss by 15%. Read More »

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Consumer confidence rises after four month drop

September 1, 2010, 11:34 am

July’s survey had already begun to show signs of optimism, and the August figures seem to confirm it. Read More »

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Shekel strengthens against dollar, euro

September 1, 2010, 11:18 am

Foreign currency trading comes after a string of macroeconomic figures released yesterday, both locally and overseas. Read More »

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Hadasit Bio Holdings raises NIS 11.5m in TASE offering

August 31, 2010, 7:20 pm

In the second quarter of 2010, Hadasit recorded its first ever significant profit of NIS 13 million due to capital raised by portfolio company ProtAb. Read More »

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ECI spin-off Celtro raises $2.7m

August 31, 2010, 7:04 pm

The company develops switching solutions for mobile carriers. Read More »

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Osem profit boosted by Materna acquisition

August 31, 2010, 7:02 pm

Net profit rose 18.5% and revenue was up 10% from the corresponding quarter. Read More »

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Israel Corp execs given more options

August 31, 2010, 6:38 pm

“The purpose of granting the options is to incentivize the continued long-term employment of talented and skilled managers at the company. Read More »

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IEC to raise NIS 1b more in debt

August 31, 2010, 6:18 pm

The offering is part of a previously approved debt offering of NIS 4 billion through 2011, while it must repay NIS 5.5 billion. Read More »

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Tel Aviv’s Basel Leonardo Hotel to get residences

August 31, 2010, 6:16 pm

Fattal Hotel Management’s new plan will give the building six floors and partial rooftop floor. Read More »

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RedHill Biopharma raises $3.5m ahead of IPO

August 31, 2010, 5:28 pm

RedHill has signed a co-development and commercialization agreement for IntelGenx’ first oral thin film anti-migraine product. Read More »

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IDB Q2 profit down 90% to NIS 50m

August 31, 2010, 5:12 pm

IDB Tourism lost NIS 36.7 million in the first half. Read More »

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Arkia offers $99 one-way fares to Paris, Amsterdam

August 31, 2010, 5:04 pm

A limited number of return reservations can also be booked at $99, luggage not included. Read More »

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Fines add to Menorah Mivtachim woes in Q2

August 31, 2010, 4:54 pm

The insurance company posted a net loss of NIS 23.1 million for the second quarter. Read More »

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Partner turns to court to halt rate reduction

August 31, 2010, 4:36 pm

The mobile carrier wants the court to order the Communications Ministry to hand over all documents about the connectivity fees hearing. Read More »

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Drahi seeks to buy out partners’ HOT stakes

August 31, 2010, 4:32 pm

Patrick Drahi is in contact with banks for financing to buy the stakes of Eliezer Fishman and Noni Mozes. Read More »

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3M buys Attenti for $230m

August 31, 2010, 4:12 pm

The Tel Aviv based company, formerly Dmatek, develops and manufactures electronic ankle bracelets to monitor a person’s whereabouts. Read More »

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Housing starts slump to one year low

August 31, 2010, 3:58 pm

Despite the rise in housing prices, contractors are in no rush to build. Read More »

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Capital Group buys Palm Beach project stake

August 31, 2010, 3:36 pm

CEO Alon Herzog: Tightening terms for buyers groups is causing potential investors to head overseas, especially to the US. Read More »

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Delek Group profit falls sharply as US unit stumbles

August 31, 2010, 3:36 pm

Yitzhak Tshuva’s gas exploration units contributed NIS 24 million to Delek Group’s net profit, up six-fold from the corresponding quarter. Read More »

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Rate of unemployment drops sharply

August 31, 2010, 3:30 pm

The unemployment rate in Israel is at its lowest point since 2008. Read More »

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Troubled Elad Canada offering succeeds

August 31, 2010, 2:48 pm

It won’t matter that Elad Tshuva’s holding is not considered public holdings. Read More »

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Intec records Parkinson’s clinical trial success

August 31, 2010, 2:06 pm

The number of pills required was nearly halved. Read More »

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Jump in salary costs cut First Int’l profit

August 31, 2010, 2:02 pm

Workers committee: There is no connection between the figure that salary costs rose by 20% and the employees’ actual salaries. Read More »

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Discount Bank CEO: We’re experiencing a slowdown

August 31, 2010, 2:00 pm

Profit fell 53% compared with the corresponding quarter of last year. Read More »

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