Economy

The "Hof Shel Mosh" group, founded by Mosh Ben Ari, will manage the Gesher Haziv kibbutz hotel starting in October, replacing Metaylim Hotels.

Kanyon Renanim in Ra'anana is investing 12 million NIS in 10 new Movieland cinema halls following increased competition from the newly opened Big Glilot commercial complex.

Nofar Energy canceled its preferred shares issuance on the Tel Aviv Stock Exchange after lukewarm institutional response, planning instead to explore a US offering.

Warren Buffett has stepped down as chairman of Berkshire Hathaway at age 96, handing the role to his son Howard Buffett following Greg Abel's transition to CEO.

Solair secured a $65 million financing deal with DNB Bank for its Calbuco wind and storage project in Chile, aiming for grid connection by 2027.

The Irish DPC fined Google 403 million euros for GDPR violations regarding location data processing, ordering compliance within six months amid ongoing European regulatory scrutiny.

Hapag-Lloyd CEO Rolf Habben Jansen arrives in Israel to revise a $4.2 billion acquisition bid for ZIM with FIMI Fund, addressing state concerns over shipping lanes.

Startup RealSense was acquired by Cognex for 500 million dollars, turning over 80 employees into millionaires just 14 months after spinning off from Intel.

While Israel's mall sector saw a summer decline in 2026, Herzliya's Seven Stars Mall surged by 13.9% due to new attractions, alongside major commercial real estate deals.

Apple has launched another round of layoffs, cutting staff from the Apple Fitness+ team following a previous reduction affecting Siri and Vision Pro divisions.

Prima Hotels restructures its management after 25 years as Haim Duke steps down, appointing Roni Weiser as Marketing VP and Oren Botbul as Sales VP to drive future growth.

Israeli fashion chain Urbanika launches deep discounts and winter items while signing a major 60 million shekel deal to exclusively import Korean K-Beauty brand Moida to Israel by 2027.

The 4 billion shekels acquisition deal of credit card company Cal has collapsed after the Israel Competition Authority imposed strict conditions regarding Super-Pharm.

The Roladin bakery chain and Shamir Medical Center are expanding their partnership with two new branches, including one in the Aliza Begin building.

McDonald's unveiled a new growth strategy at its Chicago investor conference to counter falling sales and a 20% stock drop. The plan emphasizes discounted meals, menu upgrades, and a beverage expansion.

The Israeli Ministry of Economy is implementing urgent support measures for exporters affected by a new Dutch ban on goods from the West Bank, East Jerusalem, and the Golan Heights.

Amazon combines a low-margin retail giant with AWS, its high-profit cloud engine. Analyzing the stock requires understanding how cloud performance drives valuation.

American firm Cognex has agreed to acquire Israeli 3D vision tech company RealSense for over $600 million in the largest acquisition in Cognex's history.

Cognex has acquired Israeli 3D vision startup RealSense for over $600 million, delivering a 500% return to investors just 14 months after its spin-off from Intel.

The Tel Aviv District Court ruled that a dividend paid to Kardan Israel shareholder Yosef Greenfeld after his bankruptcy arrangement does not constitute asset concealment.

Urbanika, part of Castro-Hoodies, signed a preliminary agreement with South Korea's Silicon2 to launch the Moida K-Beauty brand in Israel with an initial investment of 60 million NIS.

Discount Bank launched the 300 million shekel 'Green North' fund to support small businesses in northern Israel with preferential loans up to 1 million shekels.

NTA appointed four new board members, including Daoud Khoury, Sivan Detauker, Gilad Rabinovich, and Avi Deutschman, to advance the national metro project.

Daniel Verdiguer acquires 11 City Market branches for 35 million shekels, expanding his retail footprint into neighborhood supermarkets alongside his discount and online operations.

Maccabi Netanya owner Ross Kasten's investment firm, Aliya Capital, saw its SpaceX holding surge 1,800% to $4.4 billion, following a $240 million early bet.

Fattal Hotel Group has reopened the Leonardo Plaza Kinneret following a 150 million shekel renovation, featuring 261 upgraded rooms and an intimate music series.

Metaylim Hotels leaves Gesher HaZiv after 20 years and invests 30 million NIS to build a new 76-room hotel in Achziv, scheduled to open by the end of 2027.

Israeli fashion brand Itay Brands expands its retail presence with a new 94-square-meter store at Kanyon HaZahav in Rishon LeZion, bringing its nationwide total to 20 branches.

The Electricity Authority refuses to recognize 230 million NIS in costs from the Israel Electric Corporation over delays at the Hadera power plant, sparing consumers part of the 4.6 billion NIS economic damage.

High-Lift acquired a 75% stake in Skyline Cranes for NIS 255 million in a deal valuing the company at NIS 340 million, backed by a new institutional investment.

TLV Fashion Mall signed a decade-long deal with footwear brand Shopra to open the unique Shopra Archive store spanning 240 square meters with an investment of half a million shekels.

Israeli-founded ad tech firm Outbrain has filed a major antitrust lawsuit in the US against Google, accusing the tech giant of maintaining an illegal digital advertising monopoly.

Direct Finance is acquiring an 85% stake in Sigma City Real Estate Financing for 34 million shekels, committing a total of 63 million shekels including owner loans to expand into real estate mezzanine financing.

City Market sells 11 branches to the 100 and Beyond retail chain for 35 million NIS, while planning to open 15 new locations in 2027.

Israel's Ministry of Finance is formulating a costly agreement to compensate defense giants Elbit, IAI, and Rafael for financing costs arising from a 17 billion shekel debt.

A Guardian investigation reveals an existential crisis for Britain's fish and chips industry, driven by soaring costs, fishing quota cuts, and regulatory pressures.

A decade after a severe financial crisis, Teva Pharmaceutical Industries is completing its turnaround under CEO Richard Francis, transitioning to common stock on the NYSE and advancing its innovative biopharma pipeline.

Maayan Adam announces a break from her consumer club Mami as the platform scales up, opening its network to additional influencers and introducing new monetization tech.

Victory supermarket chain CEO Eyal Ravid hired crisis consultant Julian Levinson to reinforce his PR team following the "Hamakor" investigative recordings controversy.

A US bankruptcy court approved the Chapter 11 plan for CVS subsidiary Omnicare, ensuring full creditor repayment, a $250 million sale, and a major DOJ settlement.