Articles by October, 2021

 Bloomberg: Israeli lingerie manufacturer Delta Galil Industries is planning an IPO in the U.S
102 Views Details

by Ifi Reporter

Category: Financial

Israeli lingerie manufacturer Delta Galil Industries, whose shares are traded on the Tel Aviv Stock Exchange, is planning an IPO in the United States, Bloomberg reported from people close to the matter. The company is working with Bank of America on the issuance plans, and aims to issue at a value of about $ 2 billion, according to the sources, who asked to remain anonymous because the information is private. According to the sources, the company's issue, which owns, among others, the American clothing brands Bare Necessities and 7 for All Mankind denim, may take place later this year....

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Oct 1, 2021

 3,585 corona patients were diagnosed out of 113,694 tested - Infection rate was 3.15%
164 Views Details

by Ifi Reporter

Category: Health

The Ministry of Health updated on Saturday evening that yesterday 3,585 corona patients were diagnosed out of 113,694 tested, and the positive rate was 3.15%. By midnight, another 1,270 patients had been diagnosed, and a total of 4,770 patients had been diagnosed over the weekend. These are data that are expected to change later in the evening, with further updates regarding the number of patients diagnosed today. 867 corona patients are hospitalized in hospitals across the country, 587 of them in critical condition. 261 of the patients in critical condition are in critical condition, and...

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Oct 2, 2021

5 million people have died so far from corona and virus-related complications worldwide
124 Views Details

by Ifi Reporter

Category: Health

5 million people have died so far from corona and virus-related complications worldwide. This was reported on Saturday by the Reuters news agency, which noted that with the spread of the delta strain, most of the victims are not vaccinated. According to the news agency, the number of victims worldwide stood at 2.5 million after almost a year after the epidemic broke out, and another 2.5 million died within 236 days. According to Reuters, more than half of the deaths are from the US, Russia, Brazil, Mexico and India. Last week, Reuters noted that an average of 8,000 deaths were reported per...

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Oct 2, 2021

Corona cabinet: starting Tuesday businesses will be required to scan the new green label
147 Views Details

by Ifi Reporter

Category: Health

In the shadow of the decline in morbidity and after a month without discussions, the Corona Cabinet convened on Sunday. The Ministerial Committee has decided that starting this coming Tuesday businesses will be required to scan the new green label by reading a barcode. Libraries and museums will meanwhile be excluded so that organic classes in capsule layout can come through their gates without corona testing. However, it was decided that enforcement of the new green label would only begin on Thursday. During the discussion, the professionals presented to the Prime Minister and the Cabinet...

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Oct 3, 2021

older workers around retirement age are finding it difficult to be re-absorbed into labor market
358 Views Details

by Ifi Reporter

Category: Government

The Bank of Israel has published a new study: Employment around retirement age during the Corona crisis until the end of the second quarter of 2021. The study shows that while an increase in return to work was recorded from the beginning of the vaccination campaign (December 2020) until the end of the second quarter of 2021 (June 30, 2021). Around retirement age, especially those with low education. The issue of harm to employment, as a side effect of corona restrictions, is making quite a few headlines. But while among most age groups there has been a return to work at a satisfactory...

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Oct 3, 2021

Finance minister Lieberman:  4th wave of Corona pandemic has already cost the state NIS 4.1 billion
83 Views Details

A heated debate took place on Monday in the Knesset's Finance Committee, when the Minister of Finance, Avigdor Lieberman, presented to the committee members "the most social budget ever approved in the Knesset," while the former chairman of the committee, MK Moshe Gafni, claimed that it was "The most anti-social budget that has ever been here." Lieberman emphasized in his remarks that "interest rates should be taken into account. There may be an increase in interest rates and this is a significant event for us." In the first discussion of the presentation of the state budget in the Finance...

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Oct 4, 2021

"There are too many teachers in Israel and the worst ones are very difficult to fire
88 Views Details

by Ifi Reporter

Category: Government

A report by the Ministry of Finance reveals that there are too many teachers in Israel, and the worst ones are very difficult to fire. The average starting salary for teachers reached NIS 5,287 (gross) per month in 2020, according to data from the department in charge of salaries and employment agreements in the Ministry of Finance. This is a salary given in the average scope of work for beginning teachers (the salary for a full-time job is NIS 8,474, but beginning teachers are not employed full-time). Like other reports concerning the Israeli education system, the report of the...

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Oct 4, 2021

Unemployment in Israel is still high - 7.9%  despite the cessation of unemployment benefit payments
102 Views Details

Unemployment in Israel does not fall, despite the cessation of unemployment benefit payments for the vast majority of those laid off and on unpaid leave. In the first half of September, there were 337.7 thousand unemployed in Israel, about 4,200 more than at the end of August, when there were 333.5 unemployed. This is a slight increase from 7.8% of the labor force in the second half of August to 7.9% in the first half of September. Data published by the Central Bureau of Statistics (CBS) show that precisely in the more limited calculation rate, which previously determined for the payment...

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Oct 4, 2021

Global glitch strike  on Facebook platforms  prevented users from accessing apps or websites
92 Views Details

by Ifi Reporter

Category: Hitech

Global glitch strike began on Monday evening on Facebook platforms, including WhatsApp and Instagram. Users have reported a glitch that prevents them from accessing networks, apps or websites. After midnight, Facebook and Instagram resumed operations, and around 02:00, the WhatsApp messaging app also returned to function, about six hours after it started. "We apologize to anyone who could not use WhatsApp today," the company tweeted, "WhatsApp is starting to work slowly and carefully again. Thank you for your patience." Earlier it was written in a Facebook account: "To the huge community...

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Oct 4, 2021

Cyber ​​company Orca Security closed a $ 550 million capital raising round, valued at $ 1.8 billion
105 Views Details

by Ifi Reporter

Category: Hitech

Cyber ​​company Orca Security closed a $ 550 million capital raising round, valued at $ 1.8 billion. This is an extension of a series C round that was announced earlier this year in the amount of $ 210 million. The company has since expanded its round by raising an additional $ 340 million, which has increased the company's value by about 50%. In total, Orca has raised $ 640 million since its inception, $ 605 million of which has been raised in less than a year. The round was led by the Singapore Government Investment Fund Temasek. Which is one of the largest investors in the world,...

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Oct 5, 2021

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