Market Report || Dramatic news brings declines on TASE
Resignation of Teva CEO, Babylon's loss of Google shakes up trading.
Wednesday was a dramatic day on the Tel Aviv Stock Exchange, with declines on the leading indexes. Trading came against the backdrop of news that the CEO of Teva Pharmaceutical Industries, Jeremy Levin, had resigned and that Google, a key customer of Babylon, the translation software firm, would not be extending its contract with the Israeli firm. Babylon shares lost over 62% of their...
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