Health

Sunfrost's frozen bean products are back on the shelves after the discovery of parts of a snake
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Sunfrost's frozen bean products are back on the shelves, after their production and marketing was stopped due to the discovery of parts of a snake, a mouse, a snail and a bird's foot, among others, in the company's beans and peas, which is owned by Tnuva. They will gradually return to the points of sale starting today. Sunfrost controls about 70% of the cash sales in the frozen vegetables category. See that Sunfrost has begun the process of improving quality control and sorting at its factory in Migdal Ha'Emek, but has not yet activated the three optical sorting machines it announced it...

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Sep 15, 2022

Teva CEO Carr Schultz: Expects to reach operating profitability rate of 30% by 2027
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Teva pharmaceutical company held a press conference Sunday at its new headquarters in Tel Aviv, where it presented its goals for the coming years, which it provided with the publication of the latest reports. In 2027, Teva expects to reach an operating profitability rate of 30%, a debt-to-EBITDA ratio of 2, a cash-to-earnings ratio of 80%, and to return to growth, after several years of revenue erosion. Carr Schultz, Teva's president and CEO, presented Teva's progress since 2017, when he took office. "In 2017, we set goals. One of them was business optimization. 80 production sites - we...

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Sep 18, 2022

Suppliers informed the chains of their intention to raise prices by up to 25% by November 1st
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The food chains are preparing to raise prices as early as next week. The price index of Stornext, which increased in the first 9 months of this year by 4.4% compared to the same period last year, is expected to jump in the next update, in view of the demand of various suppliers, including Sano, Unilever, Terra, Gad Dairies and Diplomat Company, to raise the prices of their products at a rate that reaches up to 25%

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Oct 19, 2022

 The rate of new doctors graduating from Israeli universities is the lowest in the OECD
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The problem of overcrowding and the rate of population growth in Israel is one of the fundamental problems discussed in recent years and is a real challenge for education, transportation, housing, and other systems. Another significant challenge of the increase in the population and its accelerated aging is imposed on the health system - which must continue to provide the public with medical services of a high level, with reasonable availability and accessibility at the very least. A new OECD report illustrates the magnitude of the challenge or, in less subtle words, the major crisis that...

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Oct 19, 2022

Israel President Herzog at the Climate Conference: The Middle East is on the brink of disaster
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State President Yitzhak Herzog said on Monday in his speech at the 27th Climate Conference that "the Middle East is on the brink of disaster." At the conference, held this year in Sinai, Egypt, Herzog said that "Here in Sharm el-Sheikh, I would like to repeat the firm commitment of the State of Israel to zero carbon and to transition from fossil fuels to renewable energy by 2050. But Israel is ready to take on a much heavier responsibility. Israel is right to lead the effort for Regional climatic resilience. I intend to lead the development of what I call a 'renewable Middle East', a...

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Nov 7, 2022

 Teva  decided to appoint Richard Francis as President and CEO replacing Kar Schultz after 5 years
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The Teva Company announced that it has decided to appoint Richard Francis as President and CEO of the company. The appointment will take effect on January 1, 2023. In order to ensure an orderly transition of the position of CEO, the members of the Board of Directors together with outgoing CEO Kor Schultz decided that He will finish his term at the end of December 2022

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Nov 21, 2022

OECD warns Israeli government not increase spending in a broad and a permanent way
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The Organization for Economic Cooperation and Development (OECD), the organization of developed countries of which Israel is also a member, warns the Israeli government and recommends that it not increase government spending in a broad and permanent way, since such an increase may increase inflationary pressures and result in the need for a tightening of monetary policy, that is to say, Additional interest rate increases - this is what the organization's economists write in an updated global report published today (Tuesday). The organization also estimates that the level of interest in...

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Nov 26, 2022

 Thousands demonstrated  against Netanyahu's legal reform - Judge Barak: String of poison beads
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Thousands of people demonstrated on Saturday evening in Tel Aviv against the new government led by Benjamin Netanyahu, among other things in protest of the reform of the judicial system that it intends to promote. At 7:00 p.m. they gathered in the Habima Square and from there they marched around the city to the Tel Aviv Museum plaza. "All the opponents of the coup d'état carried out by the criminal government, which threatens to harm all citizens of Israel wherever they are, have gathered," the organizers of the demonstration said

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Jan 7, 2023

Knesset elected MK Karin Elharar as a member of the committee for selecting judges
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In a secret election, the Knesset elected opposition representative MK Karin Elharar (Yesh Atid) as a member of the committee for selecting judges. The plenary rejected the candidacy of MK Tali Gottlieb (Likud). Since Gottlieb was the only candidate of the coalition, she was left without a representative in the committee, which means that in 30 days the Knesset will convene again to elect a representative of the coalition

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Jun 14, 2023

intel intends to build a new factory in Kiryat Gat with an investment of 25 billion dollars
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The Ministry of Finance announced that agreements in principle had been received for Intel to build a new factory in Kiryat Gat with an investment of 25 billion dollars. According to the ministry's statement, Intel "is expected to hire thousands of additional workers in Kiryat Gat. It was agreed to significantly increase the tax rate that the company will pay to the state from 5% today to 7.5%. As part of its commitments, Intel is expected to finish the investment and start the plant's operations by 2027 and continue to operate it until at least 2035." Intel will receive a grant of 3...

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Jun 18, 2023

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