Economy

After Migdal and Clal presented a return on equity of over 22% and record core profits last week, the last three insurance companies complete the picture this week. And on the other side of the stock exchange, residential developers continue to plummet - and this is exactly the contrast that is important to know.

Israeli technology company UBTECH has signed a seasonal sponsorship agreement for a VIP box at the Menora Mivtachim Arena to host clients and partners during Euroleague and league games.

Louis Wai-Hung lost all his assets during the financial crisis and declared bankruptcy in 1999. After building an agriculture and food empire in Malaysia, he presents his new complex, addresses rumors about his net worth with humor, and discusses his recovery from a stroke.

Two older siblings of the Silynxcom founding family have filed a 17 million shekel lawsuit against their sister and her husband, CEO Nir Klein. The plaintiffs allege that the defendants acted to illegally dilute their inheritance shares.

The Tel Aviv District Court issued a temporary injunction against an electrical appliance importer that imported Tineco brand wet-dry vacuum cleaners behind the back of the exclusive importer.

The leading chef is selling his full holdings in the successful brand to his business partners in a massive deal that will transfer ownership of the branches in Tel Aviv and London to them. At the same time, Shmueli is already working on developing a new and intriguing venture.

Instead of empty stands in Romania, Hapoel Be'er Sheva is opening its gates to the local public: the club will allow Romanian fans to purchase tickets for matches in Europe, which is expected to fill the stadium and bring millions into the club's coffers.

Dutch car manufacturer Spyker has unveiled the C8 Preliator XXV, a limited-edition supercar with only 25 units to be produced. The company is now under the control of Ukrainian businessman Vladimir Nosov.

The esteemed chef is parting ways with the culinary institution he founded 12 years ago. Shmueli sold his full holdings to his partners from the Kolber family for millions of shekels. The separation was amicable and without conflict. The chef will continue to lead the "Maarava" complex and is planning a new project.

The "Chantro" chef burger chain by chef Hamada Atamna is launching its fifth, kosher branch under the supervision of the Rabbinate, featuring indulgent sauces made from vegan cheeses, glatt kosher entrecote meat, and self-service ordering kiosks.

The Chinese automotive market highlights that post-sale service quality is becoming a key driver of brand loyalty. As the Israeli market undergoes 'Sinization,' it faces similar challenges where poor service standards are beginning to impact brand reputation and long-term vehicle value.

The board of directors of Azorim is set to extend the tenure of chairman Gershi Friedman for another year. Details regarding his monthly compensation and bonus structure have been disclosed.

The company's report for the second quarter shows a decrease in revenue from apartment sales. However, the real estate giant shows a significant increase in net profit to 54 million shekels. What happened to the sales pace, what influenced the wave of cancellations, and how much did the company sell in the last half year? The CEO: "We grew compared to the first quarter."

Supergas Power reports a 26% revenue increase to 493 million shekels and the sale of its gas operations for 395 million shekels. Consumers are set to receive over 31 million shekels in compensation as part of a settlement agreement.

The new news channel, anchored by Yaakov Eilon, has signed a cooperation agreement with FreeTV and is now available to the platform's subscribers.

NVIDIA has entered into a $6 billion deal with the startup Poolside, securing access to its AI models and a team of 109 engineers. This strategic move is aimed at strengthening the company's position in the field of 'open weights' models.

Mayer, an El Al captain and long-time council member of the Pilots Association, also serves as IFALPA Vice President for the Middle East: "We will focus on the struggle for an independent and strong Israeli aviation."

At the peak of his success as CEO of Doral Israel, at only 37 years old and managing turnovers of billions of shekels and hundreds of employees, Avital Ofek decided to leave everything to build something new. In an interview, he talks about his rise to the top of the energy world, the new management concept he brings to the Delek Energy Renewables group, and his future goals.

The empire created by the Russian oligarch is on the way to total chaos. New regulations in England prohibiting owners from injecting money freely, a blocked accounting trick, and a visceral conflict between billionaires are freezing an investment worth 5 billion pounds.

Despite the recovery of the men's fashion market since COVID, the "Peter Manning New York" fashion chain was forced to file for bankruptcy following a massive lawsuit by a supplier over unpaid invoices.

The company, owned by Kibbutz Yizre'el, which gained awareness in Israel and the world thanks to swimming pool cleaning robots, is in the biggest crisis in its history. After reaching a peak value of about 9 billion shekels, its value is now estimated at less than 300 million shekels. The FIMI fund is in talks to invest in the company. A kibbutz member told Globes: "It hurts our pride, but we knew...

The Oranim Group, one of Israel's oldest construction firms, is looking to raise 600 million shekels on the Tel Aviv Stock Exchange. The funds are intended to replace 523 million shekels in bank debt.

In recent months, Israeli investment houses have begun actively acquiring hedge funds. Experts are debating whether this is a strategic business expansion or an overpayment for assets with questionable future returns.

Tomorrow, the shareholders' meeting of the Orion company is expected to take place, where decisions regarding the composition of the board of directors will be made. The Meitav investment house and Ha-Bayta are seeking to appoint their own representatives, raising concerns about potential conflicts of interest.

Jewish-American businessman Morris Wilner has increased his stake in Heachsharat HaYishuv to 14.13%, purchasing shares at 40 NIS. He has held meetings with controlling shareholder Ofer Nimrodi regarding potential joint management.

According to the internet giant's reports, in 2028 it will surpass the trillion-dollar revenue threshold. Its business model, in which revenue engines feed each other, has become an industry standard for companies like Walmart and platforms like TikTok Shop, which are trying to take a bite out of it. Also in the article: why its presence in Israel is minor compared to retail giants from China.

The Bill and Melinda Gates Foundation Trust invested approximately $180 million in FedEx Freight (FDXF) shares. The acquisition of 1.19 million shares occurred in the second quarter of 2026, shortly after the company spun off from its parent, FedEx.

The new ranking of the world's wealthiest reveals an especially tight battle at the Israeli top, as billions of dollars separate the top spots and one empire threatens to lose its lead.

Bernard Arnault, owner of the luxury giant LVMH, is facing shareholder pressure amid rumors of inheritance battles and economic challenges exacerbated by the war with Iran.

With five luxury assisted living complexes and growing demand, "Ad 120" CEO Tomer Rosenberg explains how the longevity model is changing the field: "I don't expect anyone to live to 120, but to live in the best way possible."

The tech giant is laying off approximately 100 employees from its VR headset team, with the remainder coming from the Siri and AI divisions. Apple stated that the move is part of a reorganization focused on advancing its artificial intelligence initiatives.

The ice cream company sued food giant Unilever, claiming it tried to censor the brand's social activism. A federal court in New York dramatically reduced the lawsuit: seven out of ten counts were dismissed, and the legal proceedings continue regarding the issue of unpaid payments.

When Maayan Adam started the "Mami" club with a personal investment of 700,000 shekels, many brands were skeptical of her unconventional methods. Today, two and a half years later, the club has 400,000 members, its own credit card with 20,000 customers, and comprehensive operations spanning real estate and vehicles. CEO Ofir Yosef notes: "We are not looking for an investor, but we are open to...

Former employees claim in a new Netflix documentary that rejected parts were taken from scrap areas and installed on 787 Dreamliner aircraft at the Boeing plant in South Carolina. A former quality manager reports that some items could not be tracked. Boeing states that since 2024, a comprehensive program to improve safety and quality has been implemented.

Marc Stad has purchased the majority of Marc Lore's stake at a valuation of $4.5 billion, becoming the most powerful figure in the club. Alex Rodriguez will remain in a key role.

The Israel Airports Authority is launching an internal investigation into the massive disruptions at Ben Gurion Airport. Several foreign airlines are considering legal action due to significant financial losses.

The Dutch Data Protection Authority has fined Uber 825 million euros for using automated systems to suspend driver accounts without providing proper notification.

The credit company formerly known as Michman concludes the second quarter of 2026 with a sharp decline in profits and explains why it is willing to absorb a short-term hit for the sake of a new strategy.

The company "BBX Baby Kids Textile", which operated two massive factories and exported to 24 countries around the world, is finally collapsing. A court in Turkey ordered the liquidation of the company after a stay of proceedings period failed to save it from a debt crisis.

Kenneth Cole Productions will deepen its partnership with the Mashbir Group and invest up to $5 million in Kenneth Cole Design and Development. As part of the deal, it will be allocated 20% of the company's shares, which will continue to expand the brand's operations in Europe.