Edition:
India

Steven Scheer

Israeli defence firm Elbit eyes U.S. market for further growth

15 Aug 2019

JERUSALEM Israeli defence electronics company Elbit Systems reported higher quarterly profit on Thursday, driven by its acquisition of rival IMI, and said it would continue to target the U.S. market to help fuel growth.

Israel's Cellcom posts larger than expected second quarter loss

15 Aug 2019

JERUSALEM, Aug 15 Israel's largest mobile phone operator Cellcom reported a steeper than expected second-quarter loss on Thursday, weighed down by a jump in financing costs and fierce competition in the mobile sector.

Euroclear Bank to become member of Tel Aviv Stock Exchange

12 Aug 2019

JERUSALEM Euroclear Bank will join the Tel Aviv Stock Exchange (TASE) as the first financial institution to become a custodial member, they said on Monday.

REFILE-Euroclear Bank to become member of Tel Aviv Stock Exchange

12 Aug 2019

JERUSALEM, Aug 12 Euroclear Bank will join the Tel Aviv Stock Exchange (TASE) as the first financial institution to become a custodial member, they said on Monday.

Salesforce to buy Israel's ClickSoftware for $1.35 billion

08 Aug 2019

JERUSALEM U.S. cloud-based service provider Salesforce agreed to buy U.S.-Israeli software developer ClickSoftware for $1.35 billion in cash and shares, in a bid to accelerate growth of its cloud-based products to manage customer service operations.

Israel's Teva Pharm profit falls less than expected, CFO to leave

07 Aug 2019

TEL AVIV Teva Pharmaceutical Industries reported a smaller-than-expected drop in second-quarter profit on Wednesday and said its chief financial officer was leaving the company.

Bank of Israel says one thing, markets believe another as shekel strengthens

06 Aug 2019

JERUSALEM Amir Yaron's honeymoon as Bank of Israel governor lasted eight months.

UPDATE 1-Tel Aviv Stock Exchange goes public, shares surge

01 Aug 2019

JERUSALEM, Aug 1 The Tel Aviv Stock Exchange transformed into a public company on Thursday after completing a long awaited initial public offering that valued the bourse at 710 million shekels ($202 million).

Synamedia sees pay TV driving growth for 3-4 years before IPO

31 Jul 2019

(This July 30 has been refiled to correct spelling of DirecTV in first paragraph)

UPDATE 1-No Israel rate hike for an "extended period" -central bank chief

31 Jul 2019

JERUSALEM, July 31 Bank of Israel Governor Amir Yaron ruled out a near-term interest rate increase in the wake of a strengthening shekel on Wednesday, citing a surprising easing of inflation pressures and looser policies of major global central banks.

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