Today: September 21, 2024
Today: September 21, 2024

Latest From Steven Scheer

Business|Political

Israel business leaders urge Netanyahu to keep defence chief Gallant

Israel's Business Forum on Tuesday urged Prime Minister Benjamin Netanyahu to not fire his defence minister, saying it would create more division and weaken the

Israel business leaders urge Netanyahu to keep defence chief Gallant
News

Israel rattled by talk that Netanyahu may replace defence minister

Reports that Israeli Prime Minister Benjamin Netanyahu was considering firing Defence Minister Yoav Gallant shook the political landscape and sent Israeli

Israel rattled by talk that Netanyahu may replace defence minister
Technology

Salesforce expands local cloud platform to Israel

Cloud software firm Salesforce said on Tuesday its Hyperforce cloud platform was now available in Israel, which will allow sensitive government and companies'

Salesforce expands local cloud platform to Israel
MidEast|News|Political|World

Israel's ultra-Orthodox parties help approve more funding for war

Israeli lawmakers gave their initial approval on Monday to raising the 2024 budget framework to help fund reservists and assist people displaced as a result of

Israel's ultra-Orthodox parties help approve more funding for war
News|World

Rift over ultra-Orthodox education funding deepens Israeli coalition woes

Israel's ultra-Orthodox parties, already at odds with coalition partners over demands to draft young religious men into the army, are again testing the unity of

Rift over ultra-Orthodox education funding deepens Israeli coalition woes
News|World

Netanyahu rival Gantz criticizes stance on Philadelphi, urges hostage deal

Israel does not need to keep troops in the southern Gazan border area for security reasons and should not be used as a reason to prevent a deal to bring back

Netanyahu rival Gantz criticizes stance on Philadelphi, urges hostage deal
Economy|Finance|News

Israeli Finance Minister plans 2025 spending cuts to fund Gaza war

Israeli Finance Minister Bezalel Smotrich said on Tuesday the 2025 state budget will feature steep spending cuts as the government tries to balance fiscal

Israeli Finance Minister plans 2025 spending cuts to fund Gaza war
Business|Economy|News|Political

Israelis strike and protest to demand Gaza hostage deal

Israeli protesters took to the streets for a second day on Monday and the largest trade union launched a general strike to press the government to reach a deal to

Israelis strike and protest to demand Gaza hostage deal
Economy|Finance|News

Israeli central bank holds key rate, cuts unlikely until 2025

The Bank of Israel kept interest rates unchanged on Wednesday for the fifth-straight meeting, citing geopolitical uncertainty that has raised economic risks,

Israeli central bank holds key rate, cuts unlikely until 2025
Economy|Finance

Israel central bank unlikely to cut rates again in 2024, deputy governor says

The Bank of Israel is unlikely to lower short-term interest rates at its remaining two 2024 policy meetings given rising price pressures and persisting geopolitical risk, deputy

Israel central bank unlikely to cut rates again in 2024, deputy governor says
Economy|Finance

Bank of Israel to keep rates on hold in contrast to expected Fed, ECB cuts : Reuters poll

The Bank of Israel (BoI) will keep short-term interest rates unchanged for a fifth straight meeting on Wednesday, with economists uncertain over the timing of a

Bank of Israel to keep rates on hold in contrast to expected Fed, ECB cuts : Reuters poll
Business|Finance|News

Israel central bank chief calls on Netanyahu to get moving on 2025 budget

Israeli central bank chief Amir Yaron has called on Prime Minister Benjamin Netanyahu to speed up the process of debating and approving the 2025 state budget,

Israel central bank chief calls on Netanyahu to get moving on 2025 budget
Business|Economy|News|World

Israeli economy ekes out 1.2% growth in Q2 as Gaza war rages on

Israel's economy grew less than expected in the second quarter of 2024, extending a period of volatility since the start of war in Gaza, but the weakness is

Israeli economy ekes out 1.2% growth in Q2 as Gaza war rages on
Economy|Technology

Bank of Israel waiting for digital euro ahead of digital shekel launch

The Bank of Israel (BOI) remains committed to plans for a digital shekel currency to improve Israel's payments system and foster innovation, but is unlikely to

Bank of Israel waiting for digital euro ahead of digital shekel launch
Economy|News|Political|World

Bank of Israel firmly on hold next week, possibly until 2025: Reuters poll

The Bank of Israel will hold the line on short-term interest rates for a fourth straight meeting next week and perhaps until 2025 because of the war in Gaza,

Bank of Israel firmly on hold next week, possibly until 2025: Reuters poll
Business|Economy|Travel

El Al profit soars, CEO urges foreign carriers to resume Israel flights

El Al Israel Airlines on Wednesday swung to a first-quarter profit, boosted by strong demand at a time when foreign carriers have halted or curtailed flights

El Al profit soars, CEO urges foreign carriers to resume Israel flights
Business|Economy|Health

Bristol Myers to pay $2.7 million to settle Israel anti-competition charges

Bristol Myers Squibb has agreed to pay 10 million shekels ($2.7 million) in Israel to settle a potential case over its blocking of a generic version for anti-

Bristol Myers to pay $2.7 million to settle Israel anti-competition charges
Science|Technology

Israel to build supercomputer to keep pace in global AI race

Israel next month will launch a tender to establish the country's first supercomputer to ensure the country remains a global leader in artificial intelligence (

Israel to build supercomputer to keep pace in global AI race
Business

Google to help fund Israeli AI firms, Palestinian businesses

Google is investing $8 million to support Israeli tech firms and Palestinian businesses, the Alphabet-owned group said on Wednesday, citing the need for small

Google to help fund Israeli AI firms, Palestinian businesses
Business

Israel securities regulator to woo US investors as looks beyond Gaza war

The Israeli securities watchdog's new chairman, Seffy Zinger, heads to the United States next week to woo U.S. investors and reassure them that it is business as

Israel securities regulator to woo US investors as looks beyond Gaza war
Business

Israel grants Intel $3.2 billion for new $25 billion chip plant, biggest ever company investment in country

Israel's government agreed to give Intel Corp a $3.2 billion grant for new $25 billion chip plant it plans to build in southern Israel, both sides said on

Israel grants Intel $3.2 billion for new $25 billion chip plant, biggest ever company investment in country
Business

Chipmaker Nvidia raises $15 million for non-profits helping Israel-Hamas war-hit civilians

U.S. chipmaker Nvidia and its employees have donated $15 million to Israeli and foreign non-profit organisations that are supporting civilians affected by

Chipmaker Nvidia raises $15 million for non-profits helping Israel-Hamas war-hit civilians
Business

Tel Aviv bourse says no unusual trading ahead of Oct 7 Hamas attack

The Tel Aviv Stock Exchange said on Tuesday a report by U.S. researchers suggesting there were investors in Israel who may have profited from prior knowledge of

Tel Aviv bourse says no unusual trading ahead of Oct 7 Hamas attack
Business

Polestar the first EV maker to incorporate StoreDot's fast-charging batteries

Israeli start-up StoreDot said on Thursday Polestar Automotive will be the first automaker to incorporate its fast-charging battery cells, which can be recharged

Polestar the first EV maker to incorporate StoreDot's fast-charging batteries
Economy

Bank of Israel holds rates, can't cut again while inflation rising

The Bank of Israel held short-term interest rates steady on Monday for the third straight meeting, citing rising price pressures, a rebound in economic activity

Bank of Israel holds rates, can't cut again while inflation rising

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