Business in Brief

TASE breaks records over Ukraine truce; IDB Development CEO could be on way out; U.K. court backs Teva version of lung drug; Employers giving fewer gifts this Rosh Hashanah; Lapid ups import quotas for eggs, honey.

TASE breaks records over Ukraine truce
The Tel Aviv Stock Exchange hit an all-time high during trading yesterday, as reports of a ceasefire between Ukraine and Russia pushed the blue-chip TA-25 index to 1,428 points during the day. The TA-25 ultimately closed with gains of 0.2%, at 1,421 points, while the broader TA-100 index gained 0.4% to close at 1,285 points. The Banks-5 index retreated...