Wednesday, October 16, 2019

Makov: “Nothing in the world will stop generics”

Teva reports Q2 results showing $230 million profits, beating analyst projections. Shares suffer from recent sharp declines   Results for Israeli pharmaceutical Teva were pleasing, despite negative sentiment that hovered over its shares...

Merger in Mizrahi: Yones to guarantee four year freeze on layoffs

Collective bargaining agreement by Mizrahi CEO to the merger with Tefahot includes half-salary bonus to employees Eli Yones is advancing the Bank Mizrahi merger with Bank Tefahot. Maariv has learned that the...

Bank of Israel sets optimistic forecast for 2005

Foresees growth of 3.5%, business output up 4.8% and unemployment down to 9.9%. Economic growth will reach 3.5% in 2005, business production will increase by 4.8% and standard of living (individual consumption)...

Progress in ports strike talks

Progress being made in negotiations between Treasury and Histadrut; strike could end within 24 hours. Significant progress has been made in negotiations between the Histadrut and the Treasury. Earlier this morning (Tuesday)...

Export Institute: 18% rise in industrial exports to Europe

Increase affected by 10% jump of Euro against the dollar Data on market recovery is continuing to stream in. The first half of 2004 saw an 18% surge in industrial exports (excepting...

Car prices to drop 10% by 2006

Director of Customs and VAT Dept. Eitan Rov: Possible reduction in purchase tax on new cars to be explored. The current tax on private cars totals 95% of the price. Good news...