News

Strauss: its subsidiary in Brazil will acquire 100% of the shares of Mitsui Alimentos

Posted on Feb 22, 2020 by Ifi Reporter

Strauss Group reports that its subsidiary, Strauss Café BV has signed a deal whereby through the joint venture (JV) Tres Corações (3C) operating in Brazil will acquire 100% of...

Teva is taking another significant step starts business in Nigeria

Posted on Feb 22, 2020 by Ifi Reporter

Teva is taking another significant step to correct the large arrears of emerging markets. The Nigerian Business Day website reported that the company has partnered with Nigerian logistics company...

NIS 200,000 fine was put upon "Concrete Moasi" factory in Umm al-Fahm

Posted on Feb 21, 2020 by Ifi Reporter

Following a green investigation by the Ministry of the Environment and an indictment filed by the Haifa Magistrate's Court, the Haifa Magistrate sentenced a cumulative amount of NIS 200,000...

The national parent leadership shuts down the schools for one hour Friday

Posted on Feb 20, 2020 by Ifi Reporter

The national parent leadership will shut down the school for one hour tomorrow in dozens of localities, protesting the special education reform being led by the Ministry of Education, and is...

Deputy State Attorney Dan Eldad: suspicions regarding the "fifth dimension" for criminal investigation

Posted on Feb 20, 2020 by Ifi Reporter

Deputy State Attorney Dan Eldad has ordered the issue of suspicions regarding the "fifth dimension" for criminal investigation. The investigation will be carried out by the Israel...

Bezeq employees decided to open sanctions following the delay in negotiations to sign a new collective agreement

Posted on Feb 20, 2020 by Ifi Reporter

Bezeq enployees organization decided to open sanctions following the delay in negotiations to sign a new collective agreement on the entry of new owners to the company. The employees decided to...

Credit card company Max ends 2019 with a net profit of NIS 110 million

Posted on Feb 20, 2020 by Ifi Reporter

Credit card company Max ends 2019, a simple year in which it set off independently and disconnected from Leumi Bank, with a net profit (excluding one-off effects) of NIS 110 million - a decrease...

Employees at the Israeli Standards Institute began organizational steps

Posted on Feb 19, 2020 by Ifi Reporter

Employees at the Israeli Standards Institute began organizational steps this morning, during which time the institute's activities are disrupted by unilateral steps taken by management. The...

Tower fourth quarter revenues: $ 306 million, below analysts expectations

Posted on Feb 18, 2020 by Ifi Reporter

The chip company Tower (NYSE: TSEM) released its fourth quarter results. As part of that, it posted $ 306 million in revenue, below analysts' expectations. Adjusted net income was 23 cents a...

Corona: Newpan is expected to announce price increases in the coming days.

Posted on Feb 18, 2020 by Ifi Reporter

Newpan is expected to announce price increases in the coming days. Expected price increases will be between 5% and 10% and will affect the prices of Toshiba, Haier and other group products,...

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NVIDIA has announced the acquisition of Israeli startup Run:ai - will pay approximately $600 million

Apr 24, 2024 by Ifi Reporter

In a strategic move to bolster its artificial intelligence (AI) capabilities, technology giant NVIDIA has announced the acquisition of Israeli startup Run:ai. While the exact amount of the transaction remains undisclosed, sources familiar with the matter suggest that NVIDIA will pay... Continue reading →

House of Representatives voted in favor of the military aid package to Israel

Apr 20, 2024 by Ifi Reporter

The American House of Representatives voted this evening (Saturday) in favor of transferring the military aid package to Israel, Ukraine and Taiwan, worth 95 billion dollars. Israel's share of the aid package is expected to reach $14 billion, which will be used, among other things, to renew... Continue reading →

United Airlines Cancels Flights to Israel Until May 2 Amid Security Concerns

Apr 19, 2024 by Ifi Reporter

In response to ongoing security concerns, United Airlines has announced the cancellation of its daily flight from Newark to Tel Aviv until May 2. The decision reflects the airline's commitment to prioritizing the safety of its passengers and staff amidst the uncertain security situation.... Continue reading →


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