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News
Home deal cancellations proliferate in Israel
1+ hour, 13+ min ago (255+ words) Ben Naim commented that in the cancelled agreements, two sentences that appeared in the documents caught her eye: "Since the buyer did not pay anything for the apartment" and "Since the buyer informed the seller that they were unable to…...
Israel's Aero Sentinel challenges China's drone dominance
3+ hour, 9+ min ago (470+ words) Chinese giant DJI controls 80% of the global drone market for both defense and civilian uses. Chinese companies have a better starting point than any Western company because the Chinese government is subsidizing 100% of export logistics costs of Chinese companies until…...
Israel's inflation rate falls to 1.5%
1+ day, 21+ hour ago (349+ words) Israel’s Consumer Price Index rose by 0.3% in July in comparison with June, the Central Bureau of Statistics announced today. The reading is in line with analysts’ forecasts of a rise of 0.2-0.3%. For the twelve months to the end of July,…...
Globes - Israel Business News
2+ day, 8+ hour ago (551+ words) There’s an uncomfortable question hanging over Applied Materials heading into Thursday afternoon: how does a company at the center of the AI manufacturing buildout, growing earnings above 30% and beating estimates sixteen quarters running, end up trading 25% below its high? The…...
As Israelis flock overseas, hoteliers remain pessimistic
2+ day, 19+ hour ago (138+ words) The strong shekel and suppressed demand At the same time, the foreign airlines that have started to return to Israel have raised supply. Swiss, Condor, and Brussels Airlines are expected to be joined by KLM, Delta, and United. Taking a…...
Who says removing import barriers doesn't lower consumer prices?
2+ day, 21+ hour ago (279+ words) Local packing made superfluous Was it really a "negligible decrease"? The study proves the opposite This clearcut result leads inexorably to the conclusion that lowering the import tax lowers the price - the exact opposite of both the spirit of the…...
Wed: OPC stands out, defense stocks remain weak
3+ day, 19+ hour ago (270+ words) The main indices on the Tel Aviv Stock Exchange rose today. The Tel Aviv 35 Index rose 1.13%, to 4,205.99 points, and the Tel Aviv 125 Index rose 0.79%, to 4,065.22 points. The BlueTech Global Index fell 0.51%, to 636.54 points. The TelBond 60 corporate bond index fell 0.17%, to…...
Israeli AI agents co Wonderful seeks to raise $500m
4+ day, 8+ min ago (675+ words) Just three months ago, Wonderful completed a $165 million fund raising round, but "Globes" has leaned that it is already working on another, exceptionally large round. Wonderful has set out to raise $500 million, and seeks a valuation of $5 billion, double the…...
Israel's tech workforce stable despite layoffs - survey
4+ day, 20+ hour ago (905+ words) The survey covers 210 companies employing some 130,000 people altogether. It focuses on companies employing more than 50 workers, and so does not necessarily reflect what is happening at small startups. According to the survey, in the first half of this year the…...
What's not to like about Next Vision's financials?
5+ day, 3+ hour ago (310+ words) In view of the continual increase in its revenue, Next Vision's management raised its annual revenue target for the second time this year. The company now expects to finish 2026 with $355 million revenue, 111% more than in 2025, given the continued demand for…...