Economy

Viewers are increasingly moving away from daily routine viewing, yet Kan 11 is showing a surprising strengthening in all broadcast segments while other major channels lose ground.

The tight battle for second place in prime time and news broadcasts has been decided with particularly surprising data, as one of the channels managed to overtake long-standing competitors and establish itself as the runner-up to the leader.

Rami Levy Real Estate reported a strong quarter of operational growth for Q2 2026, despite a temporary dip in net profit due to securities portfolio revaluation. The company unveiled an aggressive development plan aimed at doubling its NOI over the next four years.

After an especially challenging period and a sharp drop in stock price, the company developing wireless charging for vehicles is showing dramatic operational improvement and a reduction in losses, but the big test for investors is still ahead.

The Ministry of Finance is establishing a dedicated product division within its Technology Department for the first time. Vlad Bernin, a senior executive with extensive experience in the high-tech and fintech sectors, has been appointed as the ministry's first Chief Product Officer (CPO).

A new analysis by the Swiss bank Lombard Odier reveals how autonomous technology will transform vehicle ownership habits and radically alter insurance cost structures.

Childhood traumas hardened them and paved the way for great success: Dani Brickman grew up in a family of new immigrants from the CIS and suffered racist harassment at school, Amit Zimmerman was orphaned of his father at age 10 and suffered from learning disabilities. The two, who met in an elite intelligence unit and have been inseparable since, founded the cyber company Oasis and led it to a...

Moments before the trial began, the tech giant reached a significant settlement following a lawsuit that accused it of charging unfair commissions of up to 30% and causing severe harm to small businesses.

Insurance company Menora Mivtachim is acquiring 40% of the shares of the hedge fund Agility for 200 million shekels. The deal values the fund at 500 million shekels, surprising the capital market.

Competition for consumers, who often prefer to shop online or abroad, forces malls to change their mix. From padel courts on the roof to gaming complexes, with investments of tens of millions of shekels.

Nvidia will lease up to 4 MW at the Serverz data center in Kfar Saba, a deal expected to generate 8 to 18 million shekels annually for the Rani Zim and Kardan-Geva partnership. The facility, currently operating at 20 MW, plans to scale to 200 MW amid a national shortage of data center space and grid connection freezes.

Following a rigorous search process, Professor Amir Yaron has appointed Limor Schwartz, an expert with 25 years of experience in data and artificial intelligence, as the new Director of the Information and Statistics Department at the Bank of Israel.

The Tel Aviv District Court criticized Meta regarding the 26 million shekel lawsuit filed by Bank Leumi, ordering the company to submit its response by September 2.

The construction materials and income-producing real estate company reported a drop of over 85% in profit during the quarter, following a decrease in revenues and an increase in transportation and management expenses. Simultaneously with the publication of the reports, Ackerstein announced the departure of CEO Amit Lang, less than a year after he was appointed to the position.

Dreame, which unveiled a concept car promising 0-96 km/h acceleration in 0.9 seconds, is closing its automotive project. Following the withdrawal of government funding, only HR and legal staff remain to wind down operations, which previously employed 1,000 people.

Multi Retail, owner of ACE, Auto Depot, and Betili, concludes the first half of 2026 with a 175% jump in EBITDA. This comes shortly after the agreement was signed to sell control of the company to the Ganon Group.

The Israeli financial giant is entering into a strategic partnership to acquire hundreds of income-generating solar projects abroad, most of which are already connected to the power grid and secured by long-term hedging mechanisms.

The cyber company Echo has acquired the assets of Minimus in an all-cash deal. Minimus decided to cease operations, and Echo will integrate their technology into its software and services portfolio.

Ahead of the new school year, the Israel Electric Corporation is finalizing power grid connections and upgrades for 270 educational institutions. Preparations began earlier this year following requests from local authorities.

A technology company operating in the global chip market is launching a share buyback program. The board of directors determined that the move constitutes a sound business opportunity that serves the best interests of shareholders.

Real estate firm Best Group is facing market pressure after revealing that the amount of funds unlawfully taken from its subsidiary is more than double the initial estimate. Following the announcement and concerns over the company's accounting practices, shares have fallen by 6%.

Amit Lang is stepping down as CEO of the Ackerstein Group less than a year after his appointment. Zvika Ackerstein will take over as CEO following a 51% decline in the company's net profit for the first half of 2026.

The end of a drama lasting more than a decade: a court in Brazil has finally approved the bankruptcy of telecom giant Oi and rejected the banks' appeals. Despite the collapse, the company will continue to operate temporarily to prevent the shutdown of essential services; initial liquidation procedures have begun.

In the second quarter, Shufersal shows erosion in most key parameters, with a decline in revenue and net profit, which dropped by over 30%. Sales in same-store locations fell by 8.5% for the quarter.

Altice reports reveal a dual picture in HOT's Israeli operations: EBITDA jumped 6.5% in euro terms, but actually eroded in local currency. We analyze why cash flow improved despite business stagnation.

Real estate group Reisdor reports a 53% revenue jump in the second quarter to 213 million shekels. Operating profit for the half-year reached 129.8 million shekels amid strong apartment sales.

David Tisch, heir to a New York wealth dynasty and a sports card collector at heart, refused to follow the rules of the big funds. Now, as the company he invested in was acquired for $60 billion in the largest venture deal in history, his low-profile approach is beating the Silicon Valley giants.

The state is returning to serve as the insurer for Israeli foreign trade. The Ministry of Finance and the Tax Authority announced that the program for insuring cargo against war and terror risks will be reactivated starting September 1, 2026.

David Zinsner, Intel's CFO, revealed that as part of the organizational change led by Lip-Bu Tan, the company has reduced its management layers from 12 to 6 and the number of vice presidents from approximately 450 to 200.

Israel's largest retail chain closed the quarter with a 7.5% decrease in revenue and an erosion of profitability, but most of the gap stems from the fact that the entire impact of the Passover holiday was attributed this time to the first quarter. The board of directors announced a dividend of 180 million shekels.

Although Nvidia stopped separately disclosing the revenues of its Israeli communications division, data revealed in the investor call point to sales of about $17.5 billion in the second quarter. The activity, based on Mellanox technologies, continues to account for about 18% of the company's revenues and contribute significantly to the growth of the Israeli economy.

The board of directors of the Israel Association of Community Centers (Matnasim) has appointed Adv. Galit Viderman as the company's new CEO. The appointment is now subject to approval by the Dotan Committee.

The hotel arm led Israel Canada to a half-year loss of 36 million shekels, despite a shift to profit in the second quarter. In the Rainbow project in Sde Dov, only 7 apartments were sold in the half-year, with a decrease in price per meter and a lowering of the profit forecast. The company presented the financing plan for the Acro deal and estimated that the exposure from the favorable payment...

The real estate company controlled by Rami Ungar will acquire the high-tech entrepreneur's rights in a joint project in Ness Ziona by assuming a debt of about a quarter of a billion shekels and waiving a debt Landa owes it. Last year, Vitania wrote off 80 million shekels following the collapse of Landa's printing business.

Nvidia's second-quarter report shows the company remains on an acceleration path. The most significant constraint on its growth is not customer demand, but supply chain limitations.

An audit at the Best group revealed that 2.2 million shekels from a subsidiary were used to pay for private property work for controlling shareholders. The company will restate its 2025 and Q1 2026 financial reports.

NVIDIA is reportedly nearing a $12.9 billion acquisition of Hugging Face. This deal would allow the chip giant to expand its influence beyond hardware and into the core of the global AI development ecosystem.

An internal audit at the Best Group has changed the picture: the amount attributed to the controlling shareholders has tripled compared to the first report. The company will now restate its financial statements for 2025 and the first quarter of 2026, the same reports that were included in the IPO prospectus.

Is the situation "critical" as the employees claim, or just "severe" as the CEO says? The truth is that it does not matter how the crisis is defined, because it is clear to everyone that the German luxury company Volkswagen is at an unprecedented low. What is on the agenda? Massive layoffs, factory closures, and a continued inability to cope with the changing automotive market.

The Egged Group and Auto Chen are establishing a joint venture with the Chinese transport giant CRRC. This move will bring next-generation transport to Israel's roads, ranging from electric minibuses to 26-meter-long mega-buses, alongside a full import and maintenance system. The deal is subject to approval by the Competition Authority.