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.
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.
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.
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
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.
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.
JERUSALEM Amir Yaron's honeymoon as Bank of Israel governor lasted eight months.
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).
(This July 30 has been refiled to correct spelling of DirecTV in first paragraph)
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.