Globes (Rishon LeZion, Israel)

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Latest documents

• Argentina files criminal suit against Navitas over Falklands oil

  Argentina has been escalating the long-running sovereignty dispute with the UK over the Falkland Islands. The latest move involves Israeli energy exploration and production partnership Navitas Petroleum (TASE: NVPT). The government of Argentina's President Javier Milei has announced plans to file a criminal lawsuit against Navitas, its subsidiaries and senior company executives for their role in exploring and developing oil fields offshore from the Falklands.

• Italy rises in popularity with Israeli tourists

  Bluebird Airways continues to expand its activity in Italy. It recently announced the launch of flights from Tel Aviv to Bologna, with three flights a week and with fares starting at €128 in each direction. "The route offers Israelis another convenient way of reaching the regions most in demand in northern Italy," the airline said. From September 17, Bluebird, which is based in Greece but is Israeli-owned, will also add direct flights to Rome and Naples, in addition to Bologna, Bergamo, and Milan.

• "We aim to be the global standard"

  Interviewed by "Globes" on September 4, 2025, Xtend AI Robotics co-founder and CEO Aviv Shapira declared, "One of our goals is an IPO in the US." Exactly a year later, on September 4, 2026, the company completed a merger with JFB Construction Holdings at a valuation of $1.5 billion, and its stock became listed on the New York Stock Exchange (NYSE) with the ticker XTND, climbing 25% on its first day of trading.

• Anthropic decides against $6b Decart acquisition - report

  After protracted negotiations and conducting due diligence, US AI giant Anthropic has backed out of its planned $6 billion acquisition of Israeli AI startup Decart, people familiar with the matter have told "Bloomberg."

• Israel's fiscal deficit continues to narrow

  The narrowing of Israel's fiscal deficit because of increasing state revenues continues. Over the 12 months until the end of August 2026, the fiscal deficit fell to 3.2% of GDP, or NIS 71.1 billion, down from 3.3% at the end of July, Ministry of Finance accountant general Michal Abadi-Boiangiu reports. The fiscal deficit in 2025 was 4.6% of GDP and the government's deficit target for 2026 is 4.9% of GDP.

• 12 countries announce boycott of goods from settlements

  Twelve countries (11 European countries and Canada) today announced that they will boycott products made by Jewish settlements in the West Bank. The joint move reflects a new low-point in relations between Israel and Europe over the situation in Gaza and the territories. Britain led the announcement, with Foreign Secretary Ed Miliband declaring that the UK had "taken a central role" in formulating the sanctions. The announcement by the list of countries, some of which have already taken the step and some of which have only declared their willingness to do so, was made following a failure to move forward with sanctions at the EU level due to the position of pro-Israeli countries.

• Hapag-Lloyd, FIMI to submit improved offer for ZIM

  German shipping giant Hapag-Lloyd announced today that following a round of meetings with Israeli government officials, they will move forward together on an improved deal to acquire Zim Integrated Shipping Services (NYSE: ZIM), which will be submitted by the end of September. Hapag-Lloyd said the improved bid will "Alter structural aspects in the deal to acquire the Israeli shipping company ZIM, with the aim of strengthening Israel's maritime independence and security."

• Israel's forex reserves reach new peak

  Israel's foreign exchange reserves at the end of August 2026 stood at a record $241.641 billion, an increase of $2.850 billion from their level at the end of the previous month, the Bank of Israel reports. The level of the reserves relative to GDP was 34.9%.

• Inward investment in Israel reaches record

  Direct foreign investment in Israel totaled $26.2 billion in 2025, the highest ever annual figure, and 78% higher than the $14.8 billion total for 2024. The figures are from a report released last week by the Chief Economist's Department at the Ministry of Finance, based on OECD data and on an independent database of deals maintained by the department.

• Andreessen Horowitz ramps up Israel activity

  Andreessen Horowitz (a16z), one of the world's largest venture capital firms, has significantly stepped up its activity in Israel in the past six months, particularly after the completion of the Google's $32 billion acquisition of Israeli cybersecurity company Wiz. The firm has some $100 billion under management, and was one of the first investors in Instagram, SpaceX, Facebook, OpenAI and Airbnb. "Globes" has learned that it has moved up a gear in Israel by recruiting several key people in the country and outside of it.

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