Business in Brief

Haaretz workers stage walkout

Employees of Haaretz and TheMarker left their newsrooms for two and a half hours during Sunday's evening shift to protest planned layoffs of Haaretz group employees. About 200 employees, joined by supporters from other Israeli media outlets demonstrated outside Haaretz offices in Tel Aviv. Union representatives said management intends to dismiss around 100 workers, or about a quarter of the editorial staff of Haaretz and TheMarker. Employees blocked traffic in front of the Haaretz building on Schocken Street for about an hour during the walkout. Haaretz union chairman Ariel Gottlieb called on management to scrap the planned layoffs and consider other options (Nati Tucker )

Tapugan recalls potato snack due to plastic fragments

Food manufacturer Tapugan announced a recall yesterday of its "Waffle Puree" mashed potato waffle snack, due to concern that some packages of the product contained plastic fragments. The recall affects 500-gram packages with a barcode of 7290012884467 and a last use date of January 31, 2014. The company is asking members of the public not to consume the batch in question. Consumers can receive a replacement product by calling 08-680-8331 or by consulting the company's website. (Gabriela Davidovich- Weisberg )

Latest State-of-Economy index shows moderate economic expansion

The Bank of Israel's Composite State-of-the-Economy Index for August 2012, issued by the central bank's research division, increased by 0.1% from its July level, it was announced yesterday. The August index followed consecutive monthly index increases of 0.2%, but the central bank said the most recent data indicate continued expansion of economic activity at a moderate rate. "The increase in the index [for August] reflects increases in services exports, in manufacturing production, and in the trade and services revenue index, which were offset by a decline in indices of goods exports, consumer goods imports, and imports of production inputs," the central bank stated. (Moti Bassok )