Business headline
Israel's eToro targets $4 billion valuation in US IPO
The Israeli company is being underwritten by UBS and Goldman Sachs among others.
January CPI reading lifts inflation, housing prices rise
Wolt faces public boycott over new pricing system
What is DeepSeek? A look at the Chinese start-up poised to disrupt US AI dominance - explainer
WhatsApp allows users to edit messages
The modified message will carry the label "edited," without showing edit history.
Bank of Israel raises interest rate to 4.75%, highest since 2006
Despite the rate hikes, Israel's inflation rate stood at 5% in April, near a 14-year high and well above the government's 1%-3% annual target range.
China fails, bans American-made Micron chips due to 'security risks'
The larger chunk of Micron's products flowing into China are being purchased by non-Chinese firms for use in products manufactured there, analysts say.
Vultr brings new data center to Tel Aviv to meet high cloud infrastructure demand
The company aims to provide access to cloud infrastructure to the growing technology ecosystem in the country.
Webhelp launches customer experience outsourcing program in Israel
The company's launch of The Nest will further enable Israeli start-ups to cut costs as they try to scale amid a hi-tech recession.
UBQ triples workforce in advance of Netherlands facility launch
The company’s Netherlands-based facility is expected to convert up to 104,600 metric tons of waste into recycled thermoplastic.
Zim sails waves of success with profits of $4.63 billion in 2022
The shipping giant Zim, under the control of businessman Idan Ofer, marks another dream year. In 2022, the company brought in 12.56 billion dollars and shows a net profit of 4.63 billion.
Are the Abraham Accords proving to be a success? -opinion
The UAE merely needs the security and safety that can ensure its stability and enable the Emiratis to pass on what they’ve achieved to the next generation. There could be no better ally for the US
SixtyFive partners with key mortgage industry players to provide seniors access home equity
The early-stage company is laying the foundation to broaden its reach throughout the US in the coming year.
Deal between C2A Security, NTT further advances Israeli-Japanese business relations
The two countries have been increasing their business ties since 2014, and a looming Free Trade Agreement promises to strengthen them even further.
