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Partner TV, the growing television service in Israel for the past two years, has won the prestigious category of 'Featured TV App' for 2019 at the International VideoTech Innovation Awards competition in London. The competition is considered an "Oscar" for streaming and video technology, competing with streaming giants, telecoms and technology from around the world, including Microsoft, TiVo, CenturyLink, Verizon, Chinese ZTE, DAZN specializing in sports broadcasting over the Internet, and more. In the competition, a number of personal awards were given to prominent technology...

Unilever has announced a significant price increase for its chocolate products, set to take effect next month. The company cited a sharp rise in global cocoa prices as the driving force behind the price hike, with some products seeing an increase of up to 16%.

Histadrut Chairman Arnon Ben David and Chairman of the Business Sector Dubi Amitai urgently approached Prime Minister Netanyahu with a demand for a state guarantee and a loan to El Al, just before the company announces cessation of activity following its financial situation. The letter comes a day after he asked the stock exchange to announce that Treasury officials told the company orally that the requested aid package would not be approved at this time. El Al noted that "the professional team stated that it is within the authority of the political echelon to make a different decision

In the shadow of the 20 hostages still alive in Hamas captivity in the Gaza Strip, and 18 others whose bodies are still being held, thousands of Israelis gathered on Saturday night at Kidnapped Square in Tel Aviv for a powerful rally organized by the Families’ Headquarters of the Hostages. The event came as Hamas announced it would hand over the bodies of two additional hostages later in the evening

Germany is expected to purchase unmanned aerial vehicles from Israel Aerospace Industries (IAI) worth 1 billion euros, the Defense News website reported. The deal was suspended several months ago due to political opposition in Germany, but according to the report, the resistance was removed and progress is currently being made in completing the deal, which could greatly improve IAI's situation Germany does not currently manufacture unmanned aircraft and should start producing them within two years. The deal in question is supposed to be an interim solution. These aircraft are manufactured...

The year 2020 is opening up in the mortgage market: According to data published by the Bank of Israel, new residential mortgages in January totaled NIS 6.1 billion. This is an increase of 16.5% compared to January last year (NIS 5.2 billion). It is also up more than 6% in January compared to each of the past few months (except December, which was an all-time high). The data shows that the increase in mortgage recycling continues. Last January, the volume of recyclables stood at NIS 465 million, more than double that of January 2019. The figures also show that NIS 723 million was borrowed...

VC Innogy Innovation Hub along with ConTech, an innovative program by the Israel Builders Association, in partnership with the Ministry of Housing and Construction and the Ministry of Economy, have all recently conducted a joint research to examine processes in the PropTech field over the last decade , including development in construction tech, asset insurance, property management, real estate exchange, and digitalization of construction processes, to name a few. The research found more than 100 different startup companies operating in this scope, with the last five years marking a...

The rating company S&P announced last night that it had downgraded Teva's credit rating by one level - from BB to BB - which is a rating of junk bonds and 3 levels lower than an investment rating. S&P, which set a stable rating outlook, justified the downgrade by an increase in the legal risk that Teva faces (+ 0.66% 9.19) and its exposure to the payment of substantial sums in lawsuits related to claims of marketing policies that increased the narcotics-opioid epidemic that caused 400 deaths. -2017; Coordinated price and tender affair in the U.S. generic drug market and in the case of...