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Two more Israelis were diagnosed with Corona virus - the Health Ministry announced Friday. The two, aged 50, are residents of the center of the country who are currently living in isolation. One turned on February 27 from Madrid, Spain, and the other returned on March 4 from Zurich, Switzerland. As a result, the number of infected persons in Israel rose to 19. The Ministry of Health announced that the exact flight numbers and locations where the patients were staying will be published later. Yesterday, two other patients became aware of the infection. One of them, a tourist bus driver from...

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...

A series of fires across the country, which have been triggered by heavy and extreme heat loads throughout the country, caused damage estimated at millions of shekels, but hardly caused casualties. Near the Ramat Pinkas neighborhood in Or Yehuda, a fire broke out in an open area. Five houses were set on fire as a result of the fire near Ramat Pinkas. There was a concentration of effort to evacuate the population from the dangerous lines, and the firefighting forces exerted great efforts on several fronts. The Technion campus was partially evacuated following a fire that raged in Nesher

42% of households in Israel that own a bank account have been in an overdraft account for at least one month during the past year (2018). This represents no less than 1.1 million households, comprising 4 million persons. This is according to a survey of household financial assets, published by the Central Bureau of Statistics (CBS). The survey, for the sixth consecutive year, has followed a fixed sample of about 4,000 households with about 12,000 persons over the years. According to the findings, about half (52%) of households with children have been over-drawn for at least one month in...

The average monthly gross income per employee from hired employment was NIS 10,584 in 2018, up 4% compared to 2017. Median income per employee is NIS 7,988, a real increase of 6.3% compared to 2017, according to data released on Monday by the Central Bureau of Statistics. . The average number of working hours per week is 40.9, and the average gross income per working hour is NIS 61.7. According to gender, 51.6% of employees are men and 48.4% are women. The average gross income per employee male is NIS 12,498 per month (and NIS 66.3 per hour). The average gross income per hired woman is...

Coalition Chairman Idit Silman has decided to resign from the coalition. The cracks were heard in the coalition for a long time. The dispute between Silman and Nitzan Horowitz over the chametz conference for hospitals. After the bomb was dropped on Wednesday by the leader of the retiring coalition, Idit Silman, the political system has three options. The first is to go to the polls - a move that is estimated to be preferred by opposition leader Benjamin Netanyahu and the Likud. Elections will be possible if Silman is followed by another retiree from the right, who will allow her and...

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...

One of the major challenges facing the industry is the need to be economic and competitive and to meet environmental requirements. For this purpose, the Ministry of Environmental Protection, the Ministry of Economy and Industry and the Ministry of Finance, through the Industrial Administration, are publishing a tender for the establishment of a center for resource efficiency, amounting to NIS 51 million for five years. Over the past decade, Israeli industry has invested billions of shekels annually in investments to meet environmental regulatory requirements. Most of these investments...