SAP Israel head: If there’s value, deals happen despite war
At the Globes' Israel Business Conference, Orna Kleinmann presented SAP’s vision of artificial intelligence for business. Speaking at the Globes Israel Business Conference, Orna Kleinmann, Managing Director SAP Labs Israel and SVP Technology & Innovation, SAP Cloud Platform Foundation, commented on the challenges posed by the war to international high-tech companies in Israel. "60% of high ...
Globes - Israel Business News
Business news and analysis from Israeli financial daily “Globes”, covering the economy, finance, information technology, healthcare, defense, real estate, and more, updated throughout Israel's working week.
Housing price falls in Israel set to gain momentum - Globes
Nov 18, 2024 · From a broader perspective, over the last ten months, the housing price index rose 6.8%, but two-thirds of the increase was recorded in the first five months and only one-third in the last five.
Bill proposes abolition of public broadcasting in Israel
Nov 20, 2024 · Communications Minister Shlomo Karhi and MK Tally Gotliv call for privatization of the Israel Public Broadcasting Corporation (Kan), and for shutting it down if no suitable buyer is found.
Bank Leumi posts 30% rise in Q3 profit to NIS 2.3b - Globes
Nov 19, 2024 · The bank's mortgage portfolio grew 10% year-on-year, outstripping growth in lending to any other sector. A week after "Globes" reported on the restrictions that Bank Leumi is placing on deals involving contractors’ loans to homebuyers, the bank’s third quarter financials released this morning contain indications of the reasons for the decision.
Over 1,000 Intel Israel employees leave the company - Globes
The company's share price has fallen 50% since the start of 2024, and the company's losses in the last quarter rose to $1.6 billion. The global streamlining plan, announced in August by CEO, Pat Gelsinger, included 15,000-17,000 layoffs worldwide.
Treasury plans higher tax on Israel's wealthiest - Globes
The Ministry of Finance proposes raising the rate of the surtax on passive income and expanding its applicability in home sales. As part of its plans for managing the fiscal deficit in 2025, the Ministry of Finance is proposing to raise the surtax on passive income such as interest.
Greek port workers block Israel bound arms consignment
Oct 20, 2024 · A Greek Coast Guard spokesperson told the Balkan Insight website, “The vehicle was transferred to the Port Authority of Keratsini, which is conducting a preliminary investigation."
Can Teva sustain its comeback? - Globes
Nov 11, 2024 · Analysts are bullish on Teva, which is once again Israel's most valuable company, due to an improved US generics price environment and promising branded drug pipeline.
Ministers adopt bill to abolish public broadcasting - Globes
Nov 24, 2024 · The ministerial legislation committee approved the bill sponsored by MK Tally Gotliv, in the face of severe criticism by the Attorney General.