Category: Deal
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Foreign investment up 40% in 2023, thanks to one deal
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The Office of the Chief Economist at the Ministry of Finance released its annual report on foreign investment in Israel for 2023. According to the report, while inward investment globally declined by 20%, the picture in Israel was more complex. In 2023, total foreign investment in Israel reached $32.9 billion,…
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Slovakia buys IAI air defense system in 560m deal
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Israel and Slovakia have completed the largest defense export deal ever between the two countries, worth €560 million (more than NIS 2 billion), for Israel Aerospace Industries (IAI). MX Barracks Air defense system. The system is designed to deal with current and future air threats, including ballistic missiles. Related […]…
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Putin Meets Slovakia’s Fico in Moscow Before Gas Deal Expiry
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Breadcrumb links BMN Business Slovak Prime Minister Robert Fico said he discussed the imminent end of a natural gas supply deal with Russian President Vladimir Putin during a rare visit by a European leader to Moscow on Sunday. Article writer: Bloomberg News Bloomberg News Published on December 22, 2024 •…
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Titanic shipbuilder Harland & Wolff set for £70m rescue deal from Spanish rival
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Harland & Wolff, the historic UK shipbuilder best known for building the Titanic, is on the verge of concluding a £70 million salvage deal with Spanish state-owned shipbuilder Navantia. The agreement, which is supported by the British Government, is expected to save more than 1,000 jobs at the company’s four…
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Defense Ministry awards Elbit $130m communications deal
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The Israeli Ministry of Defense today announced the completion of a series of cumulative deals with the Israeli Defense Electronics Company Elbit Systems Limited (Nasdaq: ESLT; level:ESLT) to provide the Israeli army with advanced communications systems with a total value of approximately $130 million. The contracts include the supply of…
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Defense Ministry awards Elbit $130m communications deal
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The Israeli Ministry of Defense today announced the completion of a series of cumulative deals with the Israeli Defense Electronics Company Elbit Systems Limited (Nasdaq: ESLT; level:ESLT) to provide the Israeli army with advanced communications systems with a total value of approximately $130 million. The contracts include the supply of…
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Defense Ministry awards Elbit $130m communications deal
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The Israeli Ministry of Defense today announced the completion of a series of cumulative deals with the Israeli Defense Electronics Company Elbit Systems Limited (Nasdaq: ESLT; level:ESLT) to provide the Israeli army with advanced communications systems with a total value of approximately $130 million. The contracts include the supply of…
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Innoviz jumps on Mobileye LiDAR sensor deal
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Israeli laser sensor developer (LiDAR). INOVIZ TECHNOLOGIES LIMITED (Nasdaq: INVZ) saw its stock price rise 28.1% on Wall Street on Thursday and Friday and 36% over the entire week. The sharp rise came after the Rosh Ha’ayin-based company, led by CEO and co-founder Omar Kilaf, announced that Israeli Advanced Driving…
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Juan Soto’s $765M deal with the Mets is the largest in MLB history. Here’s who he passed
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Breadcrumb links PMN BMN Business Article writer: Published on December 8, 2024 • 5 minute read You can save this article by registering for free here. Or log in if you have an account. Article content Juan Soto and the New York Mets agreed to a record $765 million, 15-year…
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Juan Soto’s $765M deal with the Mets is the largest in MLB history. Here’s who he passed
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Breadcrumb links PMN BMN Business Article writer: Published on December 8, 2024 • 5 minute read You can save this article by registering for free here. Or log in if you have an account. Article content Juan Soto and the New York Mets agreed to a record $765 million, 15-year…
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FIFA And Mythical Games Deal Highlights Role Of Blockchain In Sports Gaming
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The integration of blockchain technology and sports gaming continues as FIFA has partnered with a well-known cryptocurrency-based game studio to create a new football game for mobile users. Football fans are eagerly awaiting a free-to-play blockchain-powered football game scheduled for release next year. FIFA competitors A new free-to-play mobile soccer…
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FIFA And Mythical Games Deal Highlights Role Of Blockchain In Sports Gaming
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The integration of blockchain technology and sports gaming continues as FIFA has partnered with a well-known cryptocurrency-based game studio to create a new football game for mobile users. Football fans are eagerly awaiting a free-to-play blockchain-powered football game scheduled for release next year. FIFA competitors A new free-to-play mobile soccer…
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LA Clippers Partner With Coinbase In Major Deal
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Cryptocurrency exchange Coinbase revealed that it has entered into a sponsorship agreement with a basketball team that begins the National Basketball Association (NBA) season. The deal just shows that the complex worlds of cryptocurrency and professional sports are becoming more intertwined and could help shape the future of traditional sports.…
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COP29 Ends With Deal on Climate Finance After Bitter Fight
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Breadcrumb links BMN Business Nearly 200 countries have agreed to double the amount of funds available to help developing countries cope with rapidly rising temperatures. Article writer: Bloomberg News Jennifer A. Dlohi, John Inger, Akshat Rathi, and Alfred Kang Posted on November 23, 2024 • Last updated 2 hours ago…
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COP29 Ends With Deal on Climate Finance After Bitter Fight
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Breadcrumb links BMN Business Nearly 200 countries have agreed to double the amount of funds available to help developing countries cope with rapidly rising temperatures. Article writer: Bloomberg News Jennifer A. Dlohi, John Inger, Akshat Rathi, and Alfred Kang Posted on November 23, 2024 • Last updated 2 hours ago…
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Astrals NFT Lawsuit Ends With $11 Million Deal From Shaquille O’Neal
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NBA Hall of Famer Shaquille O’Neal has given his approval to an $11 million settlement on… The Astrals NFT project has failed. O’Neal and his partners in creating the Astral NFTs were the defendants in a class action lawsuit filed on May 23, 2024. The plaintiffs argued that the non-fungible…
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Astrals NFT Lawsuit Ends With $11 Million Deal From Shaquille O’Neal
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NBA Hall of Famer Shaquille O’Neal has given his approval to an $11 million settlement on… The Astrals NFT project has failed. O’Neal and his partners in creating the Astral NFTs were the defendants in a class action lawsuit filed on May 23, 2024. The plaintiffs argued that the non-fungible…
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Nvidia stock rises on AI spending, chip deal ahead of earnings
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Nvidia (NVDA) stock rose more than 4% on Tuesday following bullish remarks from Wall Street analysts who pointed to strong demand for chips ahead of its earnings report scheduled Wednesday afternoon. In a client note this week, Stifel analyst Robin Roy raised his price target on Nvidia to $180 from…
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Israel signs $5.2b Boeing deal for F-15 fighter jets
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Yesterday, the Israeli Ministry of Defense signed a huge deal worth $5.2 billion with Boeing to purchase 25 advanced F-15 fighter jets. The deal will be financed by US aid to Israel and includes an option to purchase 25 additional fighter aircraft. Director General of the Ministry of Defense, General…
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How to Deal With “Black Swan” Event Losses
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By definition, Black swan events Unexpected and very difficult to predict. We could see huge gaps, sharp swings, and increased volatility during big events… or we might not see any movement at all. Do you remember the time when the Swiss National Bank (SNB) surprised the markets with the decision…