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The Tel Aviv District Court ordered the liquidation of the Eurocom group, owned by Shaul Alovitch within ten days. The decision of Justice Eitan Orenstein was made due to the company's debts estimated at NIS 1.5 billion, most of them to the banks Following the court's decision, trading ceased in the shares of the companies owned by Eurocom, including Bezeq, Bezeq International, B Communications and Halal Communications.

The third person killed in a work accident in 2020: A 30-year-old construction worker was killed Wednesday morning at a backed-up construction site on Lehigh Street in Rishon Lezion. MDA paramedics and paramedics arrived on the scene. An initial police investigation revealed that it was probably a work accident. Police also said the report had been transferred to the Ministry of Labor. With the opening of the police investigation, evidence from everyone present collects to determine how the worker who worked on a scaffold on the sixth floor fell to his death. One of the directions being...

The Supreme Court ruled that claims filed by Israelis against Facebook will be clarified in Israeli courts, even though the agreement to join the site states that they will be found in a court in California, the United States. The court accepted the attorney general's position that the "Californian" clause in the accession agreement that determines the place of jurisdiction is a depriving condition in a uniform contract and therefore should be annulled. However, the court ruled that the claims would be clarified according to American law, because it has not been proved that the very fact of...

Bezeq International employees signed an agreement with management, according to which over 300 employees will leave the company in the next five years - about 25% of the company's employees. According to the agreement, the cost of the workers' provision will reach more than NIS 50 million. The management will increase the various welfare payments and grant a special bonus to the employees on the basis of the cooperation between the subsidiaries. These are agreements for the voluntary retirement of hundreds of employees. The cuts in Bezeq International are made against the backdrop of a...

Corona morbidity is declining - and more relief is underway: The government approved tonight (Friday), shortly before Shabbat, new aviation regulations that will allow vaccinated or recovering patients exposed to Corona patients to board flights, and the obligation to measure temperature at terminal entry and boarding will be abolished. Ministers have confirmed that the new regulations will be in force until April 8. In light of the approval to bring only 3,000 Israelis into Israel daily, in an approved outline it was decided to impose on the Director General of the Ministry of...

The budget pit, which will reach NIS 8 billion this year, is expected to double in 2020 to NIS 17.4 billion. The Finance Ministry updated cabinet ministers on the alarming figures ahead of Sunday's cabinet meeting to discuss the severe budget deviation and steps to reduce it. The government will be asked to authorize the Treasury to take the first immediate step to deal with the huge deficit expected in 2019

Retail giant Shufersal reported a notable decline in sales for the first quarter of 2025, despite seasonal tailwinds from the Passover holiday and widespread price hikes in the retail sector. However, the company managed to post a sharp rise in profitability, reflecting deep cost-cutting and operational efficiency improvements

Exits in the first half of 2019 totaled $ 14.48 billion in 66 deals, including the acquisition of Ananeda by Mellanox (a deal of $ 6.9 billion not yet completed). Without the Mellanox deal, the total amount of exits in the first half of the year was $ 7.58 billion, according to the IVC research report and the firm Meitar for the first half of 2019. Compared to the first half of 2018, the number of exits decreased slightly from 73 to 66 this year. On the other hand, the average value of the exit rose to $ 116.6 million without the Mellanox deal, and almost doubled compared to $ 63 million...

The Deputy State Attorney and the prosecutor in the Netanyahu cases, Liat Ben-Ari, was recently summoned for questioning together with her husband Aviv Shviki, on suspicion of construction offenses in a property registered in their name in Rosh HaAyin. According to the municipal inspectorate, Ben-Ari is suspected of splitting the apartment she owns into two housing units without a permit, which could be considered a criminal offense. The Ministry of Justice denied Ben-Ari's summons to a hearing, but the Rosh HaAyin municipality confirmed the details to Haaretz. This is a hearing before an...