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In a move reflective of the challenging economic landscape, Osem Nestlé and Unilever have announced price hikes on a range of products starting March 1. Osem Nestlé's price adjustments will affect popular items such as Sabar salads, Tivol products, Bonjour pastries, Osem ketchup, noodles for soup, sauces, cookies, and chocolate-based products like Apropos and Kitkat. The increases vary between 3% and 9%, with some products seeing an 8%-5% rise. Osem Nestlé emphasized that this adjustment pertains to around 14% of its total product offerings, primarily those produced in industrial plants...

Shin Bet chief Nadav Argaman has warned in recent days that a foreign country intends to intervene in the Israeli elections, according to the Channel 12 news agency. Argaman said at a conference of the Friends of Tel Aviv University that the attack could be carried out in cyberspace by hackers. The Shin Bet explained that "the State of Israel and the intelligence community have the tools and capabilities to locate, monitor and thwart attempts to influence foreign influence, if any. The ability of the Israeli defense establishment to allow the existence of democratic and free elections in...

US Treasury Secretary Stephen Menuchin and Finance Minister Moshe Kahlon will appoint a joint task force to examine the double taxation treaty between the United States and Israel, and map the clauses in the treaty that need to be updated. At this stage, these are declarations, and both countries see fit to amend the convention. However, the process is expected to take several years to complete

The Ministry of Economy and Industry is launching a new program, allocating NIS 110 million to raise productivity in the industrial sectors in national priority areas and in Jerusalem Industrial enterprises whose sales turnover is up to NIS 200 million will be able to receive a grant of up to NIS 3 million for the following purposes: investment or upgrading in technological equipment of systems, improvement of operational excellence, empowerment of human capital, promotion of innovation and efficiency in resources and raw materials

Pointer is sold to I.D. Systems. That you pay for Pointer, in a share transaction and in cash, an amount of $ 140 million. The deal is expected to close in the summer. After completion, the company will be traded on the Tel Aviv Stock Exchange and the NASDAQ, and will be called PowerFleet. This is a combined cash and equity transaction, with a cash component of $ 72 million, based on loans of $ 40 million from Bank Hapoalim. Pointer provides mobile asset management services and products, such as technological solutions for fleet management. Pointer provides mobile resource management...

Chamber of Commerce president Uriel Lin is furious at the unfair competition, claiming that Amazon is running "Amazon's operation in Israel is designed to destroy competitors." In a letter sent to the Competition Authority, Michal Halperin Lin claims that the limited deal with which Amazon went out, which offers free shipping in Kenya for more than $ 49 on Chinese Bachelor Day, created a state of unfair and unequal competition and the introduction of unfair competition Eliminate retailers who don't have Amazon's resources. " Commentators estimate that Uriel Lin is not really furious about...