Economy & Finance

Haim Shani (Tomer Appelbaum)
Treasury wants higher wages for the poorest and most valued

Ministry in middle of negotiations with Histadrut labor federation over collective wage agreement for 2009 to 2011 (yes, retroactively ), in an effort to avert a general strike.

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Mosher Lador, Roy Vermus (Daniel Bar-On, Ofer Vaknin)
Psagot strikes NIS 150m plea deal in price manipulation affair

David Edry, former VP at subsidiary Psagot Securities, and Shai Ben-David, then a trading-room manager at Psagot, allegedly made investments with company's proprietary account designed to manipulate security prices to maximize the company's profits.

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Keshet, Reshet can't both hold Channel 2 after reform

Other companies that also meet the minimum conditions will also be permitted to apply for a license for a regular broadcast schedule.

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Elad Tshuva takes shortcut to the stock market

Buys TASE shell company Orad Hai for $5 million

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Makhetshim Agan - Oct. 29, 2010
Makhteshim negotiations near a deal: 200 workers to retire early

Cuts will apply not only to production-line workers in Makhteshim's plants in Ramat Hovav and Ashdod but to staff in the company's Airport City headquarters.

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TA-25 gains 1.1% for the week

Israel Chemicals gained 0.5% on good news from the world's largest potash producer, Potash Corporation of Saskatchewan, which reported excellent third-quarter results.

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Oracle acquires 10.2% of Mellanox shares on open market for $70m

Oracle is now the second largest holder of Mellanox shares, after Fidelity Management with 11.7%.

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Potash rebounds to beat third quarter projections

Revenues for the quarter reached about $1.6 billion, a 43% jump over the relatively weak sales in the same quarter last year.

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Alcohol
New bill would require warning labels on alcohol

Proposal to limit advertising by famous personalities.

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Retirement home - Tomer Appelbaum - Oct. 29, 2010
Unassisted living

Retirement homes can be lovely places, but they're not necessarily safe - for your hefty deposit.

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hot - Shmuel Nahmani - October 28 2010
Drahi completing takeover of HOT

Buying out Fishman, Mozes for NIS 900m

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sweatshop - Reuters - October 28 2010
When the guns fell silent

Social revolutions in Asia changed global manufacturing markets once, and it's happening again: No more cheap clothes for the West

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