Calcalist

Amendment No. 6 to the Credit Data Law shortens the registration period for negative credit data from three years to one. This change is expected to increase information asymmetry and raise risk premiums for all borrowers.

A surge in the specialty ingredients sector drove a 16% revenue increase for Frudelim in Q2 2026. However, stagnation in the core juice solutions business and costs associated with becoming a public company led to a decline in net profit.

Asset management giant BlackRock has purchased Nova shares totaling more than 800 million shekels since the beginning of the year. Following the latest acquisition, its stake in the company has risen to 6.8%.

The American beer brand Bud Light continues to face challenges following its 2023 controversy, losing its top market position. Parent company Anheuser-Busch is now shifting its marketing focus toward other brands, such as Michelob Ultra.

Employees of the pharmaceutical manufacturer Rafa are on strike, demanding bonuses for their role in the company's IPO and value growth. Workers have rejected management's offer of a one-time 2,000 shekel payment.

Navitas Petroleum is expanding its operations in the Gulf of Mexico, acquiring a 33.33% stake in the Tiberius and Logan oil and gas fields from Kosmos and Occidental. The deal focuses on financing future development projects.

The Ministry of Transport extended the Chery import license until 2030 despite competition concerns, while adopting a cautious approach toward other major importers like Colmobil and Union.

Rating agency Midroog has placed five series of Nofar bonds under review following objections from the Israel Securities Authority regarding the company's financial reporting. The regulator claims that Nofar has breached financial covenants, potentially granting bondholders the right to demand immediate repayment.

Following a positive end to July, investors on the Tel Aviv Stock Exchange are reacting to rising US futures and falling oil prices, driven by Donald Trump's decision to cancel a strike on Iran.

Minor movements in the local foreign exchange market at the start of August following a 3.2% depreciation of the shekel in July. The dollar is trading at 3.05 shekels, while the euro is around 3.52 shekels.

Following Donald Trump's announcement to cancel an attack on Iran, oil prices fell by over 5%. Asian stock markets are experiencing a negative trend, while the Japanese yen has strengthened following a coordinated intervention by Tokyo and Washington.

Nvidia's expansion in northern Israel has renewed interest in building a hotel in Yokneam. However, a previous attempt by developer Li Marshall to build a hotel complex failed, leaving the company with 50 million shekels in debt.

Shikun & Binui has established tiered penalties for withdrawing from the sale of Shikun Energy to the Generation fund. The compensation reaches 300 million shekels if the company accepts a competing offer from a major industry player.

Altshuler Shaham, Israel's third-largest investment house, is undergoing a major reorganization after losing 140.3 billion shekels in client assets over five years. Founder Gilad Altshuler is decentralizing decision-making to overcome the crisis.

Rising cost of living in the United States is eroding the budgets of homeowners associations (HOA) and is leading to an increase in requests for home foreclosures. According to ATTOM, in the first quarter of 2026 these associations filed 6,376 foreclosure requests—nearly 40% more than in the corresponding period in 2024, and in 2025 they filed over 285,000 foreclosure requests, an 8.8% increase...

German automotive giant Volkswagen is laying off hundreds of managers as the industry struggles with Chinese competition. Recruitment experts warn that the market cannot absorb this influx of senior staff.

An S&P report highlights that Israel functions as a 'super-economy' with AAA-level metrics, yet its rating remains at A due to government fiscal policy. Structural deficits and rising debt levels overshadow the business sector's strong performance.

Isras, controlled by Shlomo Eisenberg, has increased its stake in the urban renewal developer Yaaz to 10%, with a total investment of approximately 20 million shekels, despite market challenges.

For the second time in a year, institutional investors have rejected Elco Medical's proposal to outsource US software distribution to the daughter of controlling shareholder Moshe Ben-Shaul.

As part of regulatory efforts to boost competition, major Israeli banks have reduced their representation on the Masab board. New directors from fintech and digital banking sectors have been appointed.

More than 26,000 soldiers have been wounded since the outbreak of the Iron Swords war. For their successful long-term rehabilitation, integration into the labor market is as critical as medical care.

The Ministry of Tourism is proposing a 400 million shekel state-guaranteed loan fund to support hotel expansion and the construction of new projects amid industry financing challenges.

For decades, the Bedouin population in the Negev has been caught in a cycle where historical land disputes hinder infrastructure, education, and economic development, causing losses for the entire region.

The Capital Markets Authority has published a draft regulation imposing anti-money laundering and counter-terror financing requirements on Gemach institutions, aligning them with international FATF standards.

Hailo and StreamElements, which raised a combined total of about half a billion dollars, were recently sold in fire sales. This reflects the collapse of the "growth at any cost" model in the Israeli high-tech sector.

Errors in AI implementation and a lack of oversight have led to multi-million dollar unplanned expenses at Amazon. Employees' indiscriminate use of AI models caused a significant spike in token consumption costs.

The deal for the sale of control in G-City is at risk of collapse due to a severe crisis of trust between seller Chaim Katzman and buyers Tzahi Abu, Kidan Dahari, and Yaron Adiv.

BLenergy, the energy division of the Blilius family, has secured Clal Insurance as a strategic partner. The 250 million shekel investment will focus on expanding energy storage projects across Europe.

The Pozis family, controlling shareholders of Novolog, has accused the board of directors of attempting to entrench power through a 100 million shekel investment deal with the Movement group, sparking a corporate power struggle.

The Ministry of Construction has concluded a decade-long era of housing lotteries with new criteria. Draft evaders are now barred from participation, while the policy shifts focus toward the periphery, increasing quotas for IDF reservists.

The inclusion of rocket engine manufacturer Tomer in IPO discussions alongside Rafael and IAI reflects the urgent pressure on defense industries to expand production capacity to meet the demands of prolonged warfare.

The "Bye-Tech" event brings together former high-tech employees who traded high salaries for careers in social work, education, and agriculture, seeking to find greater meaning in their professional lives.

Federal Reserve Chairman Kevin Warsh is considering reducing the number of FOMC meetings where monetary policy is determined. This move would mark a significant shift in the bank's management and transparency.

The US and Japan took coordinated action to support the yen, strengthening the Japanese currency by over 1%. This marks the first joint intervention by Washington and Tokyo in nearly 30 years.

British Petroleum (BP) is putting its North Sea business up for sale, ending 60 years of oil production in the region. The decision is part of the company's strategy to downsize and focus its investment portfolio.

ExxonMobil and Chevron, the two largest US oil companies, reported massive second-quarter profits following a surge in global oil prices driven by the war between the US and Iran.

The G City deal is on the verge of collapse as trust between Chaim Katzman and Tzahi Abu deteriorates rapidly. The parties are in conflict over management control, corporate strategy, and planned executive salary cuts.

Energy giant Shell is selling its 35% stake in the Aphrodite gas field in Cyprus to the Hungarian energy company MOL Group. The deal is valued at up to $720 million.

British retail chain Sainsbury's has announced the sale of Argos for 120 million pounds as part of a strategic shift to focus on its core supermarket business. The deal, expected to close in February, follows the 2016 acquisition of the brand for 1.4 billion pounds.

Trading in the local foreign exchange market is taking place with slight movements against the backdrop of political developments in the Gaza Strip. Investors are monitoring the disarmament plan for Hamas announced by US President Donald Trump.