The US incubator is calling for Israeli entrepreneurs to register for its program in Israel. Read More »
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Better Place hiring service staff
Service and operations reps will operate the electric car company’s battery charging stations. Read More »
Histadrut reaches deal with employers
The agreement over contract workers will not stop Wednesday’s general public sector strike, since the Treasury still opposes a similar deal. Read More »
InspireMD reports positive stent trial results
Patients using the MGuard device exhibited significant improvement in micro-vascular criteria compared with those treated with bare metal stents. Read More »
IDB seeking NIS 200-300m loan
Chairman Nochi Dankner wants a NIS 200-300 million loan from investment institutions. Read More »
Dot Hill closes Israeli R&D center after 2 years
The center is based on the acquisition of IAI spin-off Cloverleaf in January 2010. Read More »
BoI foreign exchange reserves up $2.2b in January
The foreign exchange reserves totaled $77.1 billion Read More »
Perrigo beats the analysts’ consensus
The pharmaceutical company reported double digit growth in revenue and profit for the second fiscal quarter of 2012. Read More »
Average salary up in November
The average gross national salary of 3.04 million Israeli employees rose to NIS 8,571 in November 2011 from NIS 8,545 in October. Read More »
Bank of Israel employees reach separate work agreement
The Bank of Israel’s foreign currency dealing room will operate as usual tomorrow. Read More »
Mekorot CEO promises surplus water in 2014
Shimon Ben Hamo told the Knesset Economics Committee: First we will have to make up the shortfall, then we’ll begin managing the surplus water economy. Read More »
Mobile analytics app co Appoxee raises early stage funding
The company will use the capital to develop the next version of its mobile user relationship management suite, and for international sales and marketing efforts. Read More »
Defense Ministry seeks donors for mine clearance
The Mine Clearance Authority is close to securing its first two donations, one totaling $150,000 from a US government agency. Read More »
House C’ttee approves NIS 2,300 salary hike for MKs
The Knesset House Committee also approved a one-time NIS 15,000 payment to compensate for their salary freeze in 2011. Read More »
Pluristem to expand stem cell R&D for radiation sickness
The company will expand its R&D on use of its PLX placental stem cells to treat acute radiation exposure, following preliminary discussions with government authorities. Read More »
Frutarom buys Brazil’s Mylner for $15.7m
This is the food flavoring company’s third acquisition so far in 2012 and its first ever in Latin America. Read More »
Teva veterinary products unit resumes production
Teva Animal Health in Missouri produces proprietary and generic veterinary products for the US market. Read More »
Tower qualifies for Kilopass processors
Kilopass’s processors target several multibillion dollar markets. Read More »
Allot triples profits
The company’s revenue rose 36% to $77.8 million in 2011 from $57 million in 2010. Read More »
Histradut, Treasury to pull all-nighter to avoid strike
Tomrrow’s general strike will begin at 6am and include the banks, TASE, public transport, local authorities and government ministries. Read More »
Strike to hit 4,000 Ben Gurion passengers tomorrow
Airlines will try to bring flights forward to reduce the impact on passengers. Read More »
Can-Fite unit hires Nobel Laureate as director
Prof. Roger D. Kornberg won the 2006 Nobel Prize in chemistry for his work on the mechanism and regulation of eukaryotic gene transcription. Read More »
Tax revenues rose to NIS 23.1b in January
Fuel excise revenues were 3.6% higher in January than in the corresponding month. Read More »
Shemen Oil hires drilling rig for September 2012
Atwood Oceanics will provide its Beacon 3 rig for 180 days at $151,000 per day. Read More »
Shekel splits against dollar, euro
Barclays sees the shekel-dollar exchange rate falling to NIS 3.60/$ by year-end. Read More »
Delek, Noble Energy discover gas at Tanin well
The discovery totals 1.2-1.3 trillion cubic feet, making it larger than the Yam Tethys reservoir. Read More »
Ayalon Highway northern stretch closed until Friday
Heavy rain has caused ruts in the roadbed between Herzliya and the final exit leading to Ra’anana. Read More »
Ofer’s Pacific Drilling to raise $300m in debt
The ultra-deepwater drillship owner will use the proceeds for company growth, working capital and general corporate requirements. Read More »
DS: Excess demand won’t allow home prices fall
Chief economist Alex Zabezhinsky: So long as we don’t see a major change on the supply side, the fall in home prices will only be brief and insignificant. Read More »
BiolineRX signs second hepatitis C licensing deal
The company will collaborate with France’s Genoscience and RFS Pharma to develop and commercialize BL-8030. Read More »
General strike to start Wednesday
Banks, TASE, buses, railways, hospitals, airports, ports, local authorities, and the government ministries will be shut down. Read More »
Discount New York profit flat
Discount New York’s profit fell to $50.1 million in 2011 from $50.6 million in 2010. Read More »
Shaul Mofaz: Israel needs Merkava tank
The Knesset Foreign Affairs and Defense Committee chairman promised the Manufacturers Association that he will convene a special committee meeting. Read More »
BoI: Interest rate cut won’t boost home prices
The Bank of Israel rebuffs criticism of interest rate cuts, saying that mortgage restrictions have weakened transmission of the interest rate to home prices. Read More »
Barclays sees upside in Partner, Bezeq
Barclays raised its recommendation for Partner to “Overweight” and reiterated his target price of NIS 38. Read More »
Livnat group confirms Mashav purchase means IDB exit
The notice to the TASE follows a “Globes” report yesterday. Read More »
Minrav, Electra win NIS 9b IDF ‘training city’ tender
Defense Ministry director general Udi Shani: This is a great day for the south. Read More »
Teva faces further NIS 200m tax bill
After the Tax Authority issued a tax assessment of NIS 2.7 billion in January, it is due to issue a new assessment for 2005. Read More »
Shekel-euro rate at 5-month low
In international markets, the dollar has strengthened against the euro and the yen. Read More »
Arnon Milchan to set up content incubator in Israel
Milchan’s New Regency Enterprises will invest in developing concepts submitted by Israeli creators to Add Content. Read More »
Maiman axes dozens from Ampal and Merhav
Ampal: As part of the request to postpone debt repayment, we are already implementing a streamlining plan. Read More »
Visual prosthetics co VisionCare raises $20m
VisionCare has developed the Implantable Miniature Telescope for the treatment of end-stage age-related macular degeneration. Read More »
Treasury mulls c’ttee to cap management fees
The committee is the ministry’s response to a private member’s bill by MK Haim Katz (Likud) to lower management fees from 2% to a maximum of 0.7%. Read More »
Babylon CEO sells NIS 7.8m stake
Alon Carmeli has overseen a turnaround in the company’s fortunes and accumulated shares and options worth NIS 25 million. Read More »
Livnat family to trade IDB for Nesher Cement
The Livnats are in talks to buy Nesher parent Mashav, which will also give them full control of haulage and logistics firm Taavura. Read More »
$700m net foreign investment in TASE in 2011
However, non-residents sold a net $210 million worth of Israeli shares traded on foreign exchanges in 2011. Read More »
Cabinet unanimously approves Eilat railway
The 350-kilometer high-speed Tel Aviv-Eilat railway is supposed to cut travel time to two hours. Read More »
Medi-tate wins EU CE Mark for prostrate device
The company’s mechanical Benign Prostate Hyperplasia device is for a minimally invasive procedure to reshape the urethra. Read More »
Treasury to petition Supreme Court against general strike
The Finance Ministry says the Histadrut does not want talks on contract workers. Read More »
RedHill obtains Canadian approval for chemo nausea drug
RedHill has an agreement with Canada’s Algorithme Pharma Inc. to conduct the bioequivalence clinical trial. Read More »
Israeli VC managers see reduced activity
VC Indicator: Only 10% of respondents believe that they will increase investments in start-ups over the next six months. Read More »
Russian oligarch building Caesarea mansion
Valery Kogan is building a NIS 350 million Caesarea estate down the street from Prime Minister Benjamin Netanyahu’s residence. Read More »
Electra Real Estate sells 2 Norfolk, Virginia, properties
The company will report no profit on the $66 million sale. Read More »
FDA accepts ET View’s balloon catheter application
The Viva-EB balloon catheter is visually inserted into the bronchial tubes to block one lung. Read More »
Ticket information co TiqIQ raises $1.7m
TiqIQ has six employees in New York City and nine at its development center in Tel Aviv. Read More »
Satcom plunges as purchase offer fails
Eurocom sought to buy the public’s 20% holding in the satellite communications provider. Read More »
TASE traders strike
Private traders are protesting the capital gains tax hike to 25% from 20%, as recommended by the Trajtenberg Committee. Read More »
IDB ends talks to sell Clal Industries
Nochi Dankner opened talks to sell Clal Industries’ unit Nesher Cement to the Livnat family. Read More »
Delek, Noble Energy discover gas at Tanin well
The Tanin discovery totals 1.2-1.3 trillion cubic feet, making it slightly larger than the Yam Tethys reservoir. Read More »
SingTel in talks to buy Amobee for $300-350m
SingTel is one of several companies interested in acquiring the Israeli mobile ads development company. Read More »
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