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Category: Financial
Fashion group Castro released its first-quarter financial results for 2025, revealing a sharp decline in net profit to just NIS 138,000, down from NIS 3.9 million in the same quarter last year — despite a notable 8.3% increase in revenue, which reached NIS 471 million
May 29, 2025
Category: Hitech
eBay is planning to cease all operations in Israel by the first quarter of 2026, Calcalist has learned. The company notified its employees of the decision this morning, marking the final chapter for eBay's research and development center in Netanya, which currently employs over 200 people
May 29, 2025
Category: Government
David Libi, a 19-year-old from the Hava Mitzpe Michal outpost in the West Bank, was killed on Thursday after stepping on an explosive device in the northern Gaza Strip. Libi, an engineering equipment operator working for the Ministry of Defense through a private contractor, is the third non-enlisted civilian contractor to die in Gaza since the start of the war
May 29, 2025
Category: Hitech
Despite international criticism and the ongoing war in Gaza, Israel achieved a historic milestone in 2024, recording $14.8 billion in defense exports — the highest in the country’s history. This marks the fourth consecutive year of record-breaking arms exports, according to data released by the Defense Export Division (SIBAT) of the Israeli Ministry of Defense
Jun 4, 2025
Category: Government
The Israel Defense Forces (IDF) launched airstrikes this evening on Hezbollah-linked targets in Dahiyeh, a southern suburb of Beirut, and a known stronghold of the terrorist organization. The military said the strikes targeted underground drone production infrastructure situated within civilian residential areas
Jun 5, 2025
Category: Hitech
Mobile gaming giant Playtika is laying off approximately 100 employees, or about 3% of its global workforce, as part of a strategic restructuring following underperformance in key game titles. The move affects 40–50 employees in Israel and a similar number in Poland
Jun 5, 2025
Category: Government
In a rare and strongly worded joint statement, the Federal Bureau of Investigation (FBI) and the Department of Homeland Security (DHS) on Thursday warned of an "increased threat environment" targeting Israelis and Jews within the United States. The warning comes in the wake of two recent terrorist attacks on U.S. soil—one in Boulder, Colorado, and another in Washington, D.C.—that have heightened fears of escalating antisemitic violence fueled by global tensions over the war in Gaza
Jun 6, 2025
Category: Hitech
Elbit Systems — one of Israel’s largest defense and technology companies — briefly lost one-third of its market value in what turned out to be a trader’s costly typing error. At noon, trading screens showed a stunning 33% drop in Elbit Systems’ share price, raising alarm across the Tel Aviv Stock Exchange (TASE). While such a collapse might suggest a global breakthrough in diplomacy — perhaps a simultaneous end to the wars in Ukraine and Gaza — the cause was far more mundane: a human error.
Jun 11, 2025
Category: Communication
In light of the continuing state of emergency, public transportation across Israel will operate today (Sunday) in a reduced and emergency-focused format, prioritizing essential travel to hospitals, military bases, and evacuation points
Jun 14, 2025
Category: Government
The ongoing conflict between Israel and Iran intensified dramatically overnight as Iran launched around 140 ballistic missiles in two waves aimed at northern and central Israel. The latest barrage, which targeted strategic facilities in Haifa and the Galilee, resulted in three fatalities and dozens of injuries, while Israel expanded its retaliatory strikes deep into Iranian and Houthi territory
Jun 14, 2025