Amid win against Teva, Mylan caves in to pressure and offers EpiPen discount | Ethiopia says Israel Chemicals owes $55 million in taxes on potash project | Pharma woes weigh on Tel Aviv shares
Industry sources say Olga Raz’s case not unusual as food makers angle to raise their health credentials.
Bank of Israel seen likely to buy dollars to curb local currency’s free fall.
Sales of its breakfast cereals are still showing double-digit declines. Shamir Salads suffering similar fate.
In the United States, Eric Ben-Artzi spoke out against Deutsche Bank’s derivatives practices, but he’s not happy to let shareholders foot the bill.
Even though the majority of youngsters on resort holidays are too young to legally consume alcohol, that doesn’t stop tour company representatives selling them party packages. ‘Kids are subjected to extortion and pressure’ warns one concerned parent.
Eliezer Fishman, who owns the business newspaper Globes, accumulated a debt of 1.8 billion shekels debt to Bank Hapoalim. But the bank still wants him at the helm.
State-owned defense maker will lay off 730 employees and make other cutbacks; invest savings in marketing, R&D.
Nasdaq-traded firm promises to use the $250 million it’s raising to buy company that can benefit from media magnate’s expertise.
Bino gets official clearance to sell Paz stake on the stock market; TowerJazz leading growth among world’s semiconductor foundries.