Economy
Barilla Launches AI Digital Chef "Antony" for Real-Time Recipe Creation in Israel
Barilla launches "Antony" in Israel, an AI-powered digital chef accessible via QR code that creates real-time recipes using available kitchen ingredients and dietary preferences.
Osher Ad Sells Professional TAGO Stand Mixer for 399 Shekels in New Deal
Osher Ad retail chain is offering a professional TAGO 5-in-1 stand mixer with accessories for 399 shekels, drawing attention ahead of the holiday shopping season.
Wall Street Dips and Bond Yields Hit 2007 Highs Ahead of Fed Decision
Wall Street indices fell and 10-year Treasury yields hit 5.04% as investors reduced risk ahead of the Federal Reserve rate decision. Oil prices crossed $105 per barrel amid inflation concerns.
More Leads Talks to Acquire Stake in Casino Developer Sunflower for Up to $600M
More Provident and Pension leads talks to acquire a 15%-20% stake in online casino developer Sunflower, valuing the firm at up to $3.5 billion with an investment exceeding $300 million.
BIG CEO Haii Galis Nominated for European Real Estate Personality of the Year
BIG Shopping Centers CEO Haii Galis has been nominated for the prestigious ACROSS Personality of the Year award, standing as the only Israeli candidate among global real estate leaders.
Fox Fashion Launches End-of-Summer Sale with Discounts Up to 70%
Fox fashion chain launches its end-of-summer sale with discounts of up to 70% on selected clothing items for men, women, and children, featuring prices starting from 23.97 NIS.
Israel's CPI Rises 0.7% in August as Annual Inflation Ticks Up to 1.5%
Israel's Consumer Price Index rose by 0.7% in August 2026, bringing annual inflation to 1.5%. Mizrahi Tefahot Bank strategist Ronen Menachem highlights flight prices and fuel as key drivers, while interest rate cut expectations stall amid global monetary shifts.
Chipmaker Altera Files Confidentially for U.S. IPO Aiming to Raise Over $2B
Chipmaker Altera has confidentially filed for a U.S. IPO aiming to raise over $2 billion, targeting strong investor demand for AI infrastructure and advanced computing.
Maccabi Tel Aviv Ownership Dispute Moves to Arbitration with Dr. Israel Leshem
Maccabi Tel Aviv basketball club's ownership dispute moves to arbitration as parties appoint Dr. Israel Leshem to resolve the conflict over a 29% stake sale.
Meta Urges Court to Reject Bank Leumi’s Demand for Ad Pre-Approval
Meta has asked the Tel Aviv District Court to reject Bank Leumi's demand for pre-approval of ads, warning of internet censorship, while the bank seeks 26 million NIS over financial scam campaigns.
Israel Railways Urges Immediate Appointment of Permanent CEO After Year-Long Vacancy
Israel Railways Chairman Avner Flor urged the Government Companies Authority to immediately appoint a permanent CEO, warning that a year-long leadership vacuum threatens critical operations and strategic projects.
Adama CFO Efrat Nagar Steps Down as Sami Leibowitz Returns to Role
Adama announced that CFO Efrat Nagar is stepping down after two decades with the company. Sami Leibowitz will succeed her, returning from Syngenta Group effective October 2026.
L'Oreal Surpasses LVMH to Become France's Most Valuable Public Company
L'Oreal has overtaken LVMH as France's most valuable company, marking a historic shift driven by consumer trends and a broader three-year slowdown in the global luxury sector.
Court Appoints Independent Inspector to Oversee Samsung Settlement
A Tel Aviv court ordered an independent inspector to oversee Samsung's implementation of a 95 million NIS defective refrigerator settlement following consumer complaints.
France Becomes the Epicenter of Europe's Mounting Debt Crisis
France faces a growing debt crisis as 10-year bond yields hit 4.54%, driven by a 117% debt-to-GDP ratio, political instability, and populist electoral promises.
Israel Inflation Stabilizes at 1.5% as August CPI Rises 0.7%
The Consumer Price Index for August 2026 rose by 0.7%, bringing annual inflation to 1.5%. Meanwhile, the Central Bureau of Statistics reported a 0.2% monthly increase in overall apartment prices for July 2026.
Sephora Products Arrive in Israel: Sold for Under 20 NIS at Be Pharm
Sephora Collection products have arrived in Israel via parallel import and will be sold at Be pharm branches for NIS 19.90.
Harel CEO Nets 4 Million Shekels in Option Exercise Amid Stock Surge
Harel CEO Nir Cohen exercised 60,000 options to net 3.94 million shekels as the insurance group's stock skyrocketed. Meanwhile, the controlling Hamburger family cashed out 1.65 billion shekels in shares amid a massive 678% market surge.
Rosenbaum Communications in Talks to Acquire Stake in Daniel Amram Platform
Rosenbaum Communications is in advanced talks to acquire a 60% stake in Daniel Amram's social media news platform at a 10 million NIS valuation, aiming to control digital narratives.
Avi Ben Tal and Shalom Assayag Acquire Icon Israel for 4 Million NIS
Businessman Avi Ben Tal and comedian Shalom Assayag have acquired Icon Israel's digital assets for roughly 4 million NIS to launch a new media group named Buzz Code Digital Media.
Histadrut and OPC Energy Sign Major Collective Agreements for Power Plants
The Histadrut and OPC Energy signed historic collective agreements granting 4%-4.5% wage hikes and enhanced benefits for private power plant workers across Israel.
Booking.com Ordered to Pay Compensation Over Construction Noise in Rental
A court ordered Booking.com to pay 2,500 NIS in damages and legal fees after a family's Greek vacation rental turned out to be an active, noisy construction site.
The Longevity Challenge: How to Ensure Your Pension Lasts for Decades
Living longer is a great milestone, but longevity risk poses a major financial challenge for retirees. Experts analyze how to plan for a 30-year retirement.
Israel's Financial Report Reveals 231 Billion Shekels in Direct War Costs
The Accountant General's new financial report reveals that direct war expenditures totaled 231 billion shekels between 2023 and 2025, permanently shifting Israel's defense budget to roughly 8% of GDP and driving historic increases in compensation and reconstruction outlays.
Israel's 2025 Financial Report Highlights Tax Fund Strain and Rising Defense Costs
Israel's 2025 financial report warns of a depleting property tax fund, surging defense costs, and massive long-term pension liabilities reaching 718 billion NIS.
The Real Cost of Grooming in Israel: From Statistical Averages to Aesthetic Budgets
An analysis of Israeli household expenditures reveals a sharp contrast between official statistical averages for personal care and the actual high costs of recurring grooming and aesthetic treatments.
Israel Upgrades Gas Price Comparison Calculator to Cut Household Bills
The Ministry of Energy and Infrastructure upgraded its LPG price comparison calculator, introducing a personal savings tool and guides to lower household gas expenses.
Israir Cancels Morocco Flights as El Al Steps In with Marrakech Route
Israir has canceled its planned flights to Morocco due to operational hurdles, while El Al's subsidiary Sun Dour steps in to launch twice-weekly flights to Marrakech starting November.
Israel Securities Authority Fines Ksem Mutual Funds 1 Million Shekels
The Israel Securities Authority fined Ksem Mutual Funds 1 million shekels after an employee engaged in 1.3 million shekels of fraudulent securities trading.
Reservists Pay Off Debts to Save Fellow Soldier and Wife from Insolvency
Israeli reservists stepped in to pay off 100,000 NIS in debts for a fellow soldier suffering from PTSD after October 7, allowing him and his family to resolve 1.8 million NIS in total debt.
Olam Ha-Kolnoa Launches Parallel Imports of Kenwood and De’Longhi with Up to 41% Savings
Olam Ha-Kolnoa ve-Ha-Hashmal launches parallel imports of Kenwood and De'Longhi appliances, offering price cuts of up to 41% across 28 models.
Six Smart Financial Steps to Organize Your Budget for the New Year
Discover six practical financial habits to organize your personal budget for the New Year, from planning ahead and cutting subscriptions to building savings.
Yuvalim Group Secures Permit for U-Park 2 Project in Petah Tikva
Yuvalim Group received a building permit for the U-Park 2 logistics and industrial project spanning 65,000 square meters in Petah Tikva's Segula industrial zone.
Israel Rosh Hashanah Credit Card Spending Jumps to 1.46 Billion Shekels
Credit card spending in Israel surged by 10.3% to 1.462 billion shekels on Rosh Hashanah Eve 2026 compared to last year, driven by a Friday holiday and a tight shopping window.
Next Vision Draws Bullish Coverage From Needham and UBS With High Price Targets
Next Vision attracts bullish coverage from Needham and UBS, with international investment firms highlighting massive growth in the stabilized drone camera market and projecting strong revenue surges.
Tel Aviv Court Rules in Favor of Opticana and Omer Adam in Eyewear Dispute
After six years of litigation, the Tel Aviv District Court dismissed VERSO's lawsuit against Omer Adam's company and ruled that Opticana will receive 800,000 shekels in a counter-suit regarding eyewear brand rights.
Disney Ticket Prices Soar 5,300% Since 1971, Sparking Global Debate
A viral post comparing Disney World ticket prices from 1971 to 2026 has ignited intense debate over surging costs, brand loyalty, and Disney's staggering pricing power.
CAL Appoints Noy Kedem-Madmon as Corporate Communications Manager
Credit card company CAL has appointed Noy Kedem-Madmon as its new corporate communications manager, bringing over two decades of extensive media and public relations experience.
Nofar Energy Invests 103 Million Euros in Romanian Solar Storage
Nofar Energy will invest 103 million euros to build 1.09 gigawatt-hours of battery storage systems at two solar projects in Romania, slated for completion in 2027.
Global Markets Slip as AI Safety Concerns and Rising Yields Weigh on Stocks
Global markets retreat amid AI safety concerns, climbing oil prices, and rising bond yields ahead of central bank decisions. Tel Aviv indices decline while the US dollar strengthens.