Business in Brief / Shekel Moves Sharply Against Dollar as Bank of Israel Holds Interest Rate

Gazit Globe unit in $1.7 billion takeover of Norwegian mall owner; Discount names team to chart recovery plan; Benchmark index shows a decline, despite a rally in energy stocks.

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Karnit Flug holds up a newly designed 50 shekel banknote during its presentation at a news conference in Jerusalem, September 10, 2014.Credit: Reuters