Calcalist

Since early May, the US military has assisted 1,300 vessels in transporting over 660 million barrels of crude oil through the Strait of Hormuz. However, exact daily export figures remain a subject of debate.

Tesla, Xiaomi, Xpeng, and other car manufacturers in China are set to recall approximately 7 million vehicles. The recall addresses safety concerns regarding door-opening mechanisms during emergencies.

Mark Zuckerberg is expanding his real estate portfolio with the purchase of a castle in County Waterford, Ireland. The Gothic-style estate, which includes a 1,780-dunam plot, will serve as a residence for the family during their visits to the country.

Bezeq has upgraded its 2026 net profit and EBITDA forecasts due to improved business performance. The company now expects net profit to reach between 1.15 and 1.2 billion shekels.

The construction products company Inrom concluded the second quarter of 2026 with a net profit of 43 million shekels, a 12.5% increase compared to the same period in 2025. Quarterly revenues rose by 19% to 384 million shekels.

Christine Hunsicker, founder of the fashion tech firm CaaStle, has been sentenced to five years in prison for a $300 million fraud. The court rejected her defense citing a head injury.

Iryna Terekh, a 34-year-old former furniture designer, leads Fire Point, a major Ukrainian defense company. Despite having no military background, she oversees the production of drones and long-range missiles, which now account for over 60% of Ukraine's long-range missile output.

Dario Amodei, CEO of Anthropic, is considered one of the most influential people in the tech world. However, a WSJ investigation revealed that his wife, Kamy Clark, plays a key role in the company's strategy despite having no official position.

The Nikkei index is down 0.4%, the Kospi is up 0.8%, and the Hang Seng is climbing 0.7%. Japan's inflation rate reached 1.9% in July amid rising energy costs.

A century ago, Henry Ford established the five-day work week. Today, technology and AI are dismantling these structures, turning work into a 24/7 process where AI agents operate under human oversight.

In the spring of 1965, Air Force Commander Ezer Weizman asked Mossad Director Meir Amit to acquire a MiG-21. This led to one of the most daring operations in intelligence history, allowing Israel to study the Soviet fighter.

The rating agency Maalot has upgraded the bond rating of Shikun & Binui to A+. This decision comes ahead of a 350 million shekel bond series expansion as part of the company's debt reduction strategy.

SpaceX (SPCX) shares fell 5% to $132 as Chinese startup LandSpace successfully landed an orbital-class rocket booster for the first time. The stock is also facing pressure from a staggered lock-up expiration for early investors and executives.

The sale of Shikun & Binui Energy to the Generation fund for 4.45 billion shekels has driven a 45% jump in net profit and led to an upgrade of the company's bond rating to A+.

Sources involved in the "Floodplain" project at Ariel Sharon Park warn that the budget for the drainage system's maintenance has not been secured. The system is a critical component for preventing flooding in the Ayalon area.

Bituach Yashir concluded the second quarter with a 38% increase in insurance service profits, despite a 6% decline in revenues. The improved profitability is attributed to portfolio optimization and operational efficiency.

The author calls for an educational reform where special needs funding is attached to the child rather than the institution, turning students into sought-after opportunities for schools.

Alongside the geopolitical confrontation between Washington and Tehran, a "pistachio war" is unfolding, complicated by the climate crisis. Water scarcity and extreme weather conditions are becoming critical risk factors for investors.

The shekel-dollar exchange rate daily impacts decisions on industrial investment in Israel. The government should adjust tax policy to incentivize domestic production, not just exports.

Food importer Neto Melinda concluded the second quarter of 2026 with an 8.6% increase in revenue to 1.3 billion shekels, but net profit fell by 12.5% to 44.3 million shekels.

Doral summarized the second quarter of 2026 with accelerated growth in its US operations and an expanded project backlog. Consequently, the company has revised its 2027 revenue forecast upwards to 1.95 billion shekels.

Oron Nadlan and Midar have secured the necessary majority of apartment owners to advance a Pinui-Binui project in Jerusalem's Kiryat Menachem neighborhood. The plan involves replacing 84 existing units with 400 new ones.

The Victory supermarket chain reported a 4% revenue decline in the second quarter of 2026, totaling 635 million shekels. Despite the drop in revenue, net profit rose by 10% due to the sale of a branch in Netanya.

One Zero bank reported its financial results for the first half of 2026, showing a 27% reduction in losses to 84 million shekels. Revenue growth was driven primarily by increased client activity in the securities market.

Investment fund Generation Capital concluded the second quarter of 2026 with a pre-tax profit of 826 million shekels. Cumulative profit for the first half of the year reached 1.05 billion shekels.

Billionaire Bill Ackman has announced the launch of the Ackman Oxman Institute (AOI) in New York. The decision follows the severe brain hemorrhage suffered by his 26-year-old daughter, Lucy, earlier this year.

The Keshet Eilon Music Center is trapped in a no-win situation: due to the war, it must hold its courses abroad, which in turn causes the state to cut off its essential funding.

Likud primaries may lead to the ousting of 17 MKs as the system forces candidates to make deals with party functionaries. Meanwhile, the CBS reports a slowdown in economic growth, and delays at Ben Gurion Airport have become a symbol of a lack of strategic planning.

On July 16, 81 years after the "Trinity" nuclear test, a group of experts gathered in Rome to sign a declaration on the critical state of humanity. Scientists are drawing parallels between the dangers of nuclear weapons and AI.

Why does an affordable French wine costing 5.5 euros sell for 70 shekels in Israel? We traced the bottle's journey from the winery to the shelf and uncovered how logistics, taxes, and bureaucracy drive up the final price.

The founder of the Chinese real estate giant Evergrande, Hui Ka Yan, has been sentenced to life in prison for fraud and bribery. The court also ordered the confiscation of his assets and imposed multi-billion yuan fines on the company.

The foreign exchange market is stabilizing following yesterday's sharp decline in the dollar. This morning, the dollar is trading unchanged at below 2.98 shekels, while the euro is up 0.2%.

The Jerusalem District Court rejected a request by a group of investors to prevent the Greek Orthodox Patriarchate from selling land in the center of Jerusalem. The Supreme Court subsequently rejected the appeal.

The Ashdod oil refinery's board of directors has extended its consulting agreement with Shapir for three years, until August 2029, despite the Concentration Committee's recommendation against Shapir gaining control over the refinery.

In 2025, state winnings from civil lawsuits reached a record 1.5 billion shekels. This result was driven by the Civil Enforcement Unit's shift toward a proactive strategy to protect public resources.

The Jerusalem District Court, followed by the Supreme Court, rejected a request by a group of investors to prevent the Greek Orthodox Patriarchate from selling a land plot in the city center.

Amos Luzon has proposed to the Electricity Authority that three turbines at the Dorad 1 power station be shut down to comply with market share regulations and unblock the Dorad 2 project. Meanwhile, the Luzon Group is selling 20% of its stake in the station to the Meitav investment house.

Nir Hirshman, CEO of the Crypto Companies Forum, warns that Israel needs a comprehensive regulatory reform. He argues that without removing barriers, the country risks losing the industry and billions of shekels in GDP.

Rotem Iram, CEO of the Israeli company At-Bay, commented on the startup's $575 million sale to Munich Re Group. Despite a lower valuation compared to 2021, he described the deal as a significant success.

Documents obtained by the Ometz organization have revealed an unprecedented scale of nepotism within the Israel Police. Brigadier General Ronen Ovadia holds the record, with 22 relatives serving in the force.