Intel's recent purchase of Mobileye almost doubled the worth of car importer Dr. Shmuel Harlap – and the billionaire wasn't exactly short of a shekel before the record sale.
With early elections in the air, Netanyahu and Finance Minister Kahlon issued a plan for cutting taxes. But their dispute over Israel's new public broadcaster put their promise on the back burner.
After four years IDB allowed to drop ‘going concern’ warning on financial reports; Bank of Israel study finds link between shekel depreciation and export growth.
Imports of loose tobacco, which are taxed at a much lower rate than cigarettes, rose last year as Israelis increasingly opt to roll their own.
Delek Drilling to dual-list shares abroad after Avner merger; Fruatarm posts 10% rise in quarterly profit, vows to cut costs in 2017; Shares closed mixed as dollar and euro resume their losses on the shekel.
Much of Mobileye's IP is based on cofounder Amnon Shashua's research at the university, but arbitration left the institution with just a tiny stake in the now-$15.3 billion company.
After tense hearing, Judge Eitan Orenstein tells sides to try to work out arrangement on Eliezer Fishman's $1.1 billion in debts.
Ariel Darvasi and Amir Waldman made 'remarkably timed' purchases of Mobileye shares and call options prior to a March 13 merger announcement.
Intel's $15.3 billion purchase of autonomous-driving firm sends message that investors can expect significant returns.
Inclusion in Citi index likely to pressure shekel higher, frustrating Bank of Israel efforts.