Globes

At the beginning of the month, it was reported that the Tax Authority is examining a change in the taxation model for options for high-tech employees, and the head of the Tax Authority expressed support for the initiative. However, it now turns out that senior officials in the Ministry of Finance are strongly opposed to the initiative: "The last thing we need right now is to burden high-tech...

The Knesset Constitution Committee will discuss an amendment to the law next week. A compromise has been reached, according to which businesses with an annual turnover of up to 9 million shekels will be excluded from the law's scope.

The pharma stock that analysts bet against jumped by 177% in one day, causing billions in losses for short-sellers and forcing hedge funds to sell some of their best stocks. This happened following a successful cancer vaccine trial. But does it justify a $30 billion increase in value?

Tiv Taam has signed a cooperation agreement with the startup GreenOnyx and will exclusively market its products - vegetables with high nutritional value that stay fresh for weeks. In honor of the 25th anniversary of 'Harry Potter and the Sorcerer's Stone', Dizengoff Center is hosting a special pop-up. And Arkia has for the first time in the company's history certified a female pilot as captain on...

While thousands of passengers were stuck at Ben Gurion Airport and at destinations abroad on Thursday, Air Haifa continued to operate its flights from Haifa Airport as scheduled. Cyprus and Greece, the two most popular destinations for passengers from Israel at the moment, are also the main destinations of the company, which during the crisis flew about 2,200 passengers on 32 flights.

The Pozis family is reshaping Novolog: following a board shake-up and the departure of key executives, Zeev Mansour has been appointed CEO. With extensive experience in logistics management, Mansour is tasked with improving the profitability of the company's core operations.

Henry Shaul Schwarzbaum requested that profits from the sale of Applied Materials shares, received via options, be taxed at a rate of 25%. However, the District Court rejected his claim, ruling that the marginal tax rate must apply, as demanded by the tax assessor. The judge noted that Schwarzbaum benefited from the tax deferral under the agreement and cannot now disavow its terms.

Advocate Eran Prezenti, one of the leading lawyers in the field of intellectual property who led the fight against pirate sites for years, has passed away at the age of 56 from a heart attack. Prezenti, who headed the intellectual property department at the Piron law firm and served as the legal advisor to the Zira organization, is survived by his wife and three children. Advocate Zvi Piron...

The global risk level is rising, and in Israel, this trend is joined by renewed tension on several fronts. Government bond yields are approaching dangerous levels. The bar of expectations for Nvidia's reports is sky-high, and some wonder if it can be cleared. Another wave of reports will flood Tel Aviv, with publications from insurance companies Phoenix, Menora, and Harel. Also, a critical...

The inspector for multi-family housing in Haifa approved short-term apartment rentals on Airbnb and Booking, despite neighbors' objections. The decision joins a series of conflicting rulings on the subject, and the opponents have already appealed to the District Court.

Following delays due to the war, the tender for the renewal of the site of the veteran concert hall has been launched. The project includes residential, commercial, and office spaces in towers, with the tallest reaching 46 floors. Out of 481 units, 127 will be allocated for municipal use.

The chairman of the Ben Gurion Airport workers' committee announced he will not contest the Prime Minister's move to expel him from Likud. On Thursday, Benjamin Netanyahu demanded his expulsion following a strike at the airport that he labeled "wild and illegal."

In Globes' weekly section, we analyzed the performance of prominent Israeli stocks on Wall Street. Wix stock has doubled its value since the June low, driven by the rapid growth of its subsidiary, Base44. Teva reached a decade-high peak thanks to a debt rating upgrade and accelerated FDA approval. Meanwhile, the deal to sell LivePerson is delayed due to a lack of a majority among all shareholders.

World press headlines: The mediating countries in the Gaza Strip have turned to the Trump administration, requesting that it pressure Israel to move forward with the planned ceasefire outline; 250 days at sea: how the war with Iran exposed the US Navy's readiness crisis; in the shadow of the strengthening of Islamists, Jordan is changing the rules of the game in local government. Globes presents a...

The Israel Airports Authority has decided to return Ben Gurion Airport to routine operations through the temporary reinforcement of headquarters and management staff in the field. Additionally, it was noted that recruitment of employees continues ahead of the Tishrei holidays. The Ministry of Transport announced the establishment of an external review committee to examine the events that led to...

The company, owned by Kibbutz Yizre'el, which gained awareness in Israel and the world thanks to swimming pool cleaning robots, is in the biggest crisis in its history. After reaching a peak value of about 9 billion shekels, its value is now estimated at less than 300 million shekels. The FIMI fund is in talks to invest in the company. A kibbutz member told Globes: "It hurts our pride, but we knew...

The security establishment is concerned that the "battle of threats" with Ankara could harm the IDF's freedom of action in Syria. President Donald Trump again publishes a picture of the Strait of Hormuz and "declares" it US territory. Ongoing updates.

According to the internet giant's reports, in 2028 it will surpass the trillion-dollar revenue threshold. Its business model, in which revenue engines feed each other, has become an industry standard for companies like Walmart and platforms like TikTok Shop, which are trying to take a bite out of it. Also in the article: why its presence in Israel is minor compared to retail giants from China.

The Situational Awareness hedge fund of Wall Street's new wunderkind went into a tailspin within a few days at the end of July. Market traders, fueled by rumors about the sale of its holdings in Anthropic and relying on unusual movements in the options market, took steps to distance themselves from the ticking bomb, and some even profited from the fall.

Giant projects planned in the Haifa metropolis in the coming years are set to significantly reshape the region. We examine the timelines and the potential impact on the city and investors.

The property in Katzrin, an 8-room house with a pool and two guest units, was purchased by a couple from the USA. The property is located in the southern part of the neighborhood, features an exceptionally large built-up area, and offers an unobstructed view of the Zavitan Stream.

The apartment spans 68 square meters and is located on the first floor out of seven. The real estate agent who represented the sellers in the deal notes: "There is currently activity in Nahariya and quite a few deals are being closed. People have gotten used to the security situation and have returned to the market." Plus more real estate deals from the last week.

When Maayan Adam started the "Mami" club with a personal investment of 700,000 shekels, many brands were skeptical of her unconventional methods. Today, two and a half years later, the club has 400,000 members, its own credit card with 20,000 customers, and comprehensive operations spanning real estate and vehicles. CEO Ofir Yosef notes: "We are not looking for an investor, but we are open to...

Nasdaq rises by 0.7%, but indices are on track to break a three-week winning streak. Bitcoin is heading for its sharpest weekly gain since March 2023. US 10-year bond yield remains almost unchanged. Oil prices show a slight increase, with modest gains in Europe.

Just before it was due to publish its reports for the first half of the year, trading in Tomer Mazon shares was halted following the company's report on alleged problems in inventory management. Tomer Mazon joined the stock exchange about three months ago and is traded at a valuation of 138 million shekels.

Meitav raised management fees for members in the default pension fund during the first 10 years, despite the Capital Market Authority prohibiting it. As part of a settlement, Meitav will return money to 10,500 customers, totaling 1.2 million shekels. Active savers will receive the refund in the form of an exemption from management fees for 7 months.

Almost half a year since the occupancy permit for "Migdalei HaSolelim" in Tel Aviv, and the developers Mivne and Tidhar are not blinking - and are not lowering prices. With enough cash in the bank and a debt ratio of less than 50% of the balance sheet, these companies know that the banks will not be in a hurry to call, and perhaps in the meantime the market will change direction.

Judge Alex Stein rejected the husband's appeal, who claimed the property was purchased with his father's money. It was determined that investment and long-term cohabitation created an intent of sharing, while the wife's apartment will remain her sole property.

Following reports of crew mental health struggles and supply shortages, the USS Abraham Lincoln has ended its 270-day mission and is returning to the US. It will be replaced by the USS George Washington.

Ray Shipping has ordered about 10 Chinese-made ships with a capacity of over 8,500 vehicles each. Xiaomi is expected to start exporting its cars to Europe in 2027, and Horizon Motors is launching Chinese FAW trucks in Israel. This week in the automotive industry.

The Likud party announced last night that Benjamin Netanyahu ordered the expulsion of Ben Gurion Airport workers' committee chairman Pinhas Idan from the party. The party constitution and history show that this is not going to be simple.

Yesterday, the stock exchange closed with a mixed trend: the TA-35 index fell by 0.3%, while the TA-90 index advanced by 0.7%. Arbitrage gaps in dual-listed stocks are expected to weigh on the TA-35 index by about 0.41% at the opening. The dollar exchange rate stands at around 3 shekels, and oil prices are recording slight declines.

Aviation clubs, promising discounted flight tickets, have become a major profit engine in the Israeli credit card market, with membership jumping to nearly 800,000. Fly Card, FlyAll, and SkyMAX cardholders spend twice as much as those with regular cards, driven by the desire to earn bonuses on their spending, especially abroad.

Against the backdrop of disruptions at Ben Gurion Airport, Prime Minister Benjamin Netanyahu has ordered the expulsion of the chairman of the Israel Airports Authority workers' committee from the Likud party. The party characterized the strike as "wild and illegal."

Nir Barzilai and Uri Alon were selected by TIME for the list of 12 groundbreaking researchers paving the way for a longer and healthier life. Barzilai is testing whether existing drugs can delay age-related diseases, and Alon found that genetics may account for about 50% of life expectancy.

After nearly a decade, the chairman of the Tata Group has announced he will step down amid power struggles at the top. The battle over his successor comes as the group faces difficulties at Air India and turmoil in its technology business. The companies within the Indian business empire are worth a combined total of approximately $320 billion.

The food industry is flooding the shelves with products that promise more protein, and the trend has already reached even donuts. How did it take over the nutritional discourse, and do we really need so much? Experts break down some myths and distinguish between a marketing trend and a healthy menu.

What the crisis at Ben Gurion Airport will do to foreign companies. A suspicion of a new affair at Assuta. And the change in the company Federer is invested in. A spotlight on several matters on the agenda.

At "Gveret Kutiao", Mati Nakash insists on the nuances of Thai cuisine and offers authentic and bold food: "I like to also provide a version on steroids."

yes is launching a new advertising model in VOD, with ads before content and during pauses. Partner reveals electricity consumption records, Fireblocks recruits a former US SEC official, and the Israeli Basketball Hall of Fame is inaugurated.