NewsBank (Globes (Rishon LeZion, Israel))

Israel's labor market remains tight, with the number of job seekers almost matching the number of vacancies, but behind the overall numbers lies an unusual trend. In jobs for university and college graduates requiring high skill levels there is currently a surplus of jobseekers over available jobs, while in low and medium-skill jobs, especially in industry and construction, there is a severe...

The Indian Army has signed a contract worth 29.3 billion rupees (about $35 million) with local company Nibe to supply a long-range rocket launcher (MRL), the "Defense Post" reports. The 'Make in India' launchers are based on Elbit Systems well-known PULS multi-rocket launchers, which provides a comprehensive solution, capable of launching unguided rockets, precision munitions and missiles at...

Ilan Yeshua has spent most of his professional life as a salaried CEO. He led companies like Encyclopedia Brittanica Israel and the Walla! website and even led the deal by which Yad2 was sold to German publisher Axel Springer for NIS 800 million. But only at the age of 64 did he become an entrepreneur for the first time.

Israeli fintech company Tipalti yesterday began another round of layoffs as employees in both Israel and abroad were summoned to hearings. At this stage, the company is not publishing the number of employees included in the layoff process, but according to industry estimates, it is more than 100 employees.

An article published yesterday in leading periodical "Nature" presents a new model that can predict the risk of diabetes 12 years in advance, based on data collected from continuous glucose monitoring. Prof. Eran Segal, a computational biologist from the Weizmann Institute is the senior researcher who conducted the study.

Israel's Consumer Price Index (CPI) was unchanged in December 2025 from the previous month, according to Central Bureau of Statistics figures released today. For 2025, the index rose 2.6%.

The two interest rate cuts in the past few months by the Bank of Israel totaling 0.5% have been good news for mortgage takers but also for the mortgage banks, which have offset some of the cut to increase profit margins. This is what emerges from dozens of mortgage approvals that were examined by the Darkenu mortgage advisory network.

One of the most important engines behind the impressive rises on the local stock market in the past year is the volume of assets deposited each month in the public's provident funds, advanced training funds, and pension funds, as though on automatic pilot.

Israeli data storage management solutions company VAST Data, which is run from the Exhibition Grounds in Tel Aviv and from offices in the US, is on the final straight of an investment round of $1 billion, at a valuation of $25 billion.

Israeli supermarket chain Rami Levy Chain Stores Hashikma Marketing 2006 Ltd. (TASE:RMLI), through its Rami Levy Finances unit, has submitted a new request to the Israel Securities Authority to consolidate its financial arm.

China has warned Chinese companies not to purchase cybersecurity solutions of a dozen US and Israeli companies out of concern that national security will be harmed, Reuters" reports, according to two people briefed on the matter. The US companies mentioned in the report include Palo Alto Networks, Fortinet, and Broadcom.

An investment by Vintage Fund, the Israeli venture capital fund best known as an investor in other Israeli funds, in a virtually unknown AI company from Miami was revealed a few days ago in a brief press release. Not much is known about the company, founded by CEO Yuri Frayman and CTO Leon Kuperman, other than the fact that it reached a valuation of a $1 billion earlier this week in an investment

Fashion retailer Fox Wizel (TASE: FOX) and Mivne Real Estate (TASE: MVNE) have signed an agreement for opening a Jumbo Greece store in Rishon LeZion. The branch, which will be constructed in the second half of 2026, will sprawl over 7,000 square meters. It will be located at the Bar-On site on Etzel Street, in a building from which "Globes" also operates, under a long-term lease. The investment...

Over the past two weeks Iran has been rocked by the biggest demonstrations since the Islamic Revolution in 1979. The unrest began as an economic protest but rapidly transformed into an uprising that has shaken the foundations of the regime. According to human rights organizations, thousands of demonstrators have been indiscriminately killed and tens of thousands arrested throughout the country in

Israeli AI offensive security company Novee today announced its emergence from stealth with $51.5 million in total funding, led by YL Ventures, Canaan Partners, and Oren Zeev (Zeev Ventures).

Israeli mobile games developer Playtika Holding Corp. (Nasdaq: PLTK) has announced organizational changes and a round of layoffs, which featured in unofficial reports two months ago. In the streamlining process, the company will dismiss 15% of its workforce during the first quarter of 2026 and will recognize costs of $12-15 million for compensating employees and accompanying costs. At the end of 2

Morocco has completed deployment of Israel Aerospace Industries (IAI) Barak MX air defense system, "Military Africa" and "MilitarNYI" report, based on satellite images published by independent researchers.

Israel's fiscal deficit widened to 4.7% of GDP in the 12 months to the end of December 2025, from 4.5% at the end of November 2025, the Ministry of Finance reports.

Summit Properties USA, a unit of Summit Real Estate Holdings (TASE: SMT), which is controlled by Zohar Levy (48%), announced yesterday that it had won an auction for the purchase of a portfolio of properties in New York from The Zarasai, a unit of US real estate company Pinnacle Group, for $451 million. This was despite the attempts of New York mayor Zohran Mamdani to hold back completion of the...

Last April, at a press conference at the White House, Prime Minister Benjamin Netanyahu sat alongside President Donald Trump and waited to hear an answer to the question that rocked the Israeli economy: Will Israel be granted relaxations of the president's tariffs policy? Trump's answer was short and non-committal: "We're talking about a completely new trade…," he started to say, and then cut...

US cybersecurity company Crowdstrike has announced the acquisition of Israeli cybersecurity company Seraphic Security, which was founded by former Walla! CEO Ilan Yeshua and his partner Avihay Cohen. Crowdstrike will pay about $420 million.

The growing demand for electricity for data centers to develop AI has created an engine of growth for Israeli geothermal energy company Ormat Technologies Inc. (NYSE: ORA; TASE: ORA). The company has reported its first contract in the field, which will come into effect in 2030. Ormat's share price is currently up 5.77% on the Tel Aviv Stock Exchange (TASE).

Eilat Port, Israel's gateway to the Red Sea, remains almost deserted. The Houthi missiles have stopped, at least for now, but the threat to the region has not yet been removed. The port's docks, which until November 2023 were packed with imported cars from Japan, Korea and China, have never been emptier.

Israeli AI platform for accelerated drug discovery and development company Converge Bio, announced today the completion of a $25 million Series A financing round led by Bessemer Venture Partners, with participation from TLV Partners, Vintage Investment Partners and Saras Capital, as well as executives from Meta, OpenAI and Wiz. This brings the total amount raised by the company to $30 million.

Israel's vehicle industry has begun 2026 with lower prices on the official price lists for new models. In the past, such a step was considered "taboo" in the industry due to concerns about the decline in value of used-cars already in customers' hands. So almost every January, various reasons were found for price increases, from changes in tax benefits to "manufacturer policy abroad." Discounts,...

Less than a year since its Nasdaq IPO, Israeli online trading platform eToro (Nasdaq: ETOR) is laying off 7% of its employees. According to the prospectus filed by the company prior to the flotation, eToro had 1,501 employees at 10 sites around the world at the end of 2024, so the company is laying off just over 100 employees.

Israel's defense technology industry is currently experiencing an exceptional window of opportunity in the US market. Growing interest from investors, government agencies, and US states that support Israel, together with Israeli industry's recent technological achievements, has made Israeli defense tech a particularly "hot" sector in the US..

Last March cybersecurity company Wiz signed a deal to be acquired by Google for $32 billion in the biggest-ever acquisition of an Israeli company. At this stage, the deal is still being discussed by antitrust regulators in Europe and Australia, after being approved by regulators in the US.

When Kåre Schultz was appointed CEO of Teva in 2017, Prof. Michael Hayden, who was then heading the company's innovative R&D unit, was instructed not to recruit any additional staff for at least a year. Teva was, at that point, still reeling from its acquisition of Actavis, which had saddled it with heavy debt and forced it to refocus on its core business. Hayden realized that either his days at...

Israeli defense electronics company Elbit Systems Ltd. (Nasdaq: ESLT; TASE:ESLT) announced today that it has been awarded new contracts worth $275 million for the supply of advanced airborne self-protection electronic warfare (EW) suite, including its Direct Infra-Red Counter-Measure (DIRCM) system, to a country in the Asia-Pacific region. The contracts will be delivered over five years.