Subscribe to Print Edition | Wed., June 25, 2008 Sivan 22, 5768 | | Israel Time: 02:24 (EST+7) web haaretz.com   Back to Homepage Rosner's Domain Diplomacy Defense Jewish World Opinion National Print Edition Car Rental Books Peres Conference Business Real Estate Easy Start Travel Week's End Anglo File

Business in Brief Employees of Teva Tech at Ramat Hovav, where the pharma company's multiple sclerosis medicine Copaxone is produced, have decided to ramp up sanctions that started on Sunday, as a solution to their labor dispute remains elusive. The Histadrut labor federation, which approved the sanctions, says that although it has so far been careful to avoid taking steps that would jeopardize the MS therapy production line, it would not hesitate to do so. Teva Tech management said that production would continue. (Haim Bior) Finance Minister Ronnie Bar-On has told Prime Minister Ehud Olmert that he would resign if the PM surrenders to Shas' demands to increase child allowances. Olmert has been trying in recent days to persuade Industry, Trade and Labor Minister Eliyahu Yishai (Shas) to vote against dispersing the Knesset tomorrow. Yishai told the PM that he would agree to do so only if National Insurance allowances are increased by NIS 35 per child, including the first. In light of Bar-On's vehement objections, Olmert has offered Shas an alternative - and very expensive - basket of benefits in the fields of education, welfare and health, worth about NIS 1.5 billion, according to Shas sources. Shas, however, has rejected the offer. (Moti Bassok) Advertisement Israel Chemicals has been added to Merrill Lynch's list of recommended stocks in emerging economies, along with the Qatar National Bank, as two Turkish stocks were removed - Turkiye Is Bankasi bank, and the Turkish cellular company Turkcell. The list includes the likes of Russian Gazprom and Telecom Egypt. The Merrill Lynch EMEA (European, Middle East and Asia) list includes the top 18 companies in these areas recommended by the investment bank. (Nathan Sheva) After its share price fell 60% in the last year, Incredimail, which designs software systems to make email fun, has decided to lower the exercise price of all stock options given to executives, to just $3. That means options which had been far outside the money are now well inside, since Incredimail's share price is currently $3.09. Of course, the move depends on shareholders approval, as does the company's intention to give 10,000 stock options to Tamar Gottlieb, its chairman. The company's shareholders are due to vote on the moves on July 17. (Nir Zalik) Former Supreme Court Meir Shamgar has quit as arbitrator between Vladimir Gusinsky and ILDC, the Nimrodi company that controls Maariv Holdings, which owns the newspaper Maariv. Gusinsky owns 27.2% of Maariv Holdings, which he bought 10 years ago for $85 million. The dispute touches on Maariv's management and the shareholder agreement. Gusinsky demands that ILDC compensate Maariv by NIS 85 million, in part for damage caused by a deal in which Maariv bought Hed Arzi from its sister company ILD Hotels, for NIS 29 million. It sold the shares four years later for NIS 5 million. (Ophir Bar-Zohar) Bookmark to del.icio.us   Gilad's tale VIDEO: U.S. kids read abducted soldier's story of co-existence. Leaving Torah behind Study finds religion is not very important to American Jews.

Read & React Cabinet to vote Sun. on Hezbollah deal, says wife of abducted soldier Responses: 268 Editorial: We must pay the high price for the return of Gilad Shalit Responses: 101 Gaza truce shaken as four Qassams slam in Negev Responses: 229 Poll: 77% of Israeli Arabs would rather live in Israel than in any other country Responses: 226 Border Policeman dies from self-inflicted shot at Sarkozy farewell Responses: 144 More Headlines 00:09 Cabinet to vote Sun. on Hezbollah deal, says wife of abducted soldier 23:43 Border cop dies from self-inflicted shot at Sarkozy farewell 02:03 Negotiator heading back to Cairo for indirect talks on Shalit 22:52 VIDEO: Two years after his kidnap, U.S. kids read Gilad Shalit's tale of co-existence 21:12 Olmert: Israel mulling response to renewed Qassam fire 20:33 World Wealth Report: People in Israel get richer faster 18:46 Religion is not very important to American Jews 01:38 Professor Gabriela Shalev nominated as new UN ambassador 22:51 Paris prosecutors open probe into beating of Jewish teen 00:05 Knesset approves law allowing property owners to kill intruders 18:53 Hamas prisoners freed in West Bank, despite PA pledge to Israel 20:57 Lawyers ask Spanish court to charge 4 alleged ex-guards at Nazi camps Previous Editions Select Day 24 jun 23 jun 22 jun 20 jun 19 jun 18 jun 17 jun 16 jun 15 jun 13 jun 12 jun 11 jun

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