Thursday, October 29, 2020

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)...

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)...

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...

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...

Ginko plans to raise NIS 130 million for oil exploration

Estimates Dead Sea reserves hold 20 billion barrels. Ginko Oil Exploration is planning to raise NIS 130 million on the Tel Aviv Stock Exchange at the end of the month to finance...

Antitrust director to force Dankner to sell telecommunications holdings

Demand is a condition for IDB acquisition of Bezeq. Strum: Dankner must resign from Cellcom Nochi Dankner will be required to sell his holdings in Barak, Netvision and Globecall before he can...