In a warning letter, Osem claims that the 138-year-old brand defrauds consumers. Two lawyers file a class action on behalf of consumers.
Increased competition and consumers lower spending power took their toll.
Preferring to rely on competition, many economists doubt price controls are effective in reducing Israel’s high food costs, but officials at the Finance Ministry think it’s just a matter of tweaking the formula – at least for now
Sales and prices fell for the first time in a decade as shoppers cut back spending. 2015 may not be much better
Bakeries have raised prices, claiming the cost of ingredients has skyrocketed.
Leumi expects $355m tax-evasion penalty; Super-Sol aims for profitability next year; Granovsky seeks partner for Israel 18; TA-25 bounces off low, led by tech stocks.
Prime minister stresses wider benefits from exempting food instead of housing, as rival Lapid had planned
Private-sector workers will now take in at least $1,260 a month, though a public-sector agreement could get lost during this winter's election campaign.
Four years after it was dethroned by Burger Ranch, the American fast food franchise Burger King could soon be making a comeback.
Business owners in the capital tell of a steep drop in sales, which started back in the summer during the war in Gaza. Malls relatively stable.