Category: Israel
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Three Palestinian leaders killed in Israel strike in Beirut By Reuters
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Written by Maya Gebaili, Laila Bassam, and Mohamed Gebaili BEIRUT (Reuters) – The Palestinian Hamas movement said on Monday that three of its leaders were killed in an Israeli strike on Beirut, the first attack within the city’s borders as Israel escalates hostilities against Iran’s allies in the region. The…
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Three Palestinian leaders killed in Israel strike in Beirut By Reuters
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Written by Maya Gebaili, Laila Bassam, and Mohamed Gebaili BEIRUT (Reuters) – The Palestinian Hamas movement said on Monday that three of its leaders were killed in an Israeli strike on Beirut, the first attack within the city’s borders as Israel escalates hostilities against Iran’s allies in the region. The…
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Israel stocks higher at close of trade; TA 35 up 1.02% By Investing.com
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Investing.com – Israeli stocks rose after the close on Sunday, as gains in the stock sector pushed shares higher. At the end of trading in Tel Aviv, it rose by 1.02%, reaching a new all-time high. The best performers of the day were Energean Oil & Gas PLC (TASE:), which…
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EU tells airlines to halt Israel flights
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The European Commission and the European Union Aviation Safety Agency (EASA) recommended that airlines not fly to Israel and Lebanon until October 31. In a Conflict Zone Information Bulletin (CZIB) issued yesterday, the European Aviation Safety Agency said: “The European Commission and the European Union Aviation Safety Agency (EASA) are…
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Israel pounds Lebanon, pressuring Hezbollah after killing its leader By Reuters
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Written by Emily Rose and Maya Gebeili JERUSALEM/BEIRUT (Reuters) – Israel bombed multiple targets in Lebanon on Sunday, pressuring Iran-backed Hezbollah for more attacks after it dealt a major blow by killing the group’s leader, Hassan Nasrallah. The Israeli military said the air force “bombed dozens of Hezbollah terrorist targets…
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Israel strikes Hezbollah HQ and targets its leader
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Hezbollah leader Hassan Nasrallah The main target of the latest Israeli air strike on Beirut is said to be Hezbollah leader Hassan Nasrallah. The main headquarters is said to be located below the residential buildings. Israeli army spokesman Daniel Hagari said: He said: “Moments ago, the Israeli Defense Forces carried…
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Teva settles opioid suits in Israel
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The opioid case involving the Israeli drug maker Teva Pharmaceutical Industries Limited (New York Stock Exchange: Tifa; level: Tifa) has been implicated and has now been settled in Israel. The Economic Court in Tel Aviv approved the claims against Teva Israel in this matter, and among other rulings decided that…
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Israel Goes Cashless
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A few days ago, a new initiative called for by Prime Minister Netanyahu was announced, namely the removal of 200-shekel banknotes from circulation, as a first step towards abolishing cash completely within a few years. The official argument? Combating financial crimes and black money in Arab society. As expected, this…
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Israel Goes Cashless
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A few days ago, a new initiative called for by Prime Minister Netanyahu was announced, namely the removal of 200-shekel banknotes from circulation, as a first step towards abolishing cash completely within a few years. The official argument? Combating financial crimes and black money in Arab society. As expected, this…
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Israel airfares skyrocket for holiday flights
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With the Jewish High Holidays approaching next week, the list of foreign airlines canceling flights to Israel is growing as Hezbollah rockets reach further south. The Lufthansa Group (including Austrian Airlines, Swiss, Brussels Airlines and Eurowings) has cancelled all flights for the next three weeks, while Wizz Air, British Airways,…
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Bank of Israel sounds skeptical about abolishing NIS 200 bill
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Following the Globes report of the proposal to abolish the 200-shekel note, and the prime minister’s announcement that a discussion on the issue was needed, the Bank of Israel issued its first public, somewhat skeptical, comment. The bank said it would “present its professional position on such a move, if…
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Israel stocks higher at close of trade; TA 35 up 0.78% By Investing.com
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Investing.com – Israeli stocks were higher after the close on Sunday, as gains in the banking and financial services sectors led shares higher. At the close in Tel Aviv, the index rose by 0.78%. The best performers in the session were: Azrael Group Ltd. (TASE:), which rose 3.42% or 800.00…
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Fearing reprisals European airlines cancel Israel flights
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French national airline Air France has announced the cancellation of its flights to Israel until September 20, after initially announcing the cancellation of flights to Tel Aviv until September 19 following the explosions of communication devices in Lebanon. The Lufthansa Group, including Austrian Airlines, Swiss, Brussels Airlines and Eurowings, has…
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Israel Canada to buy Brown Hotels chain
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Israel Canada Real Estate (TASE: ISCN), controlled by Barak Rosen and Asi Tachmer, announced the signing of two non-binding memoranda of understanding to acquire Brown Hotels’ operations in Israel and Greece. At the same time, talks are underway to merge Israel Canada’s hotel operations into the stock market DNA Group,…
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Building starts in Israel slump to 4-year low
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In the second quarter of 2024, there were 12,900 construction activities in Israel, the Central Bureau of Statistics reports, down 13.6% from the second quarter of 2023. This is the lowest number since the second quarter of 2020, when there were 11,538 construction activities. In the first quarter of 2024,…
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Israel stocks lower at close of trade; TA 35 down 0.32% By Investing.com
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Investing.com – Israeli stocks were lower after the close on Sunday, as losses in the banking and services sectors led shares lower. At the close in Tel Aviv, the index fell by 0.32%. The best performers in the session were: Ormat Technologies (TASE:), which rose 2.23% or 610.00 points to…
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Missile fired from Yemen set off sirens in central Israel, military says By Reuters
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JERUSALEM (Reuters) – A surface-to-surface rocket fired at central Israel from Yemen landed in an unpopulated area without causing casualties, the Israeli military said on Sunday. Moments earlier, air raid sirens sounded in Tel Aviv and central Israel, sending residents running for cover. “Following the sirens that sounded a short…
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Court rules against Coca-Cola Israel in huge tax dispute
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The Central Bottling Company (Coca-Cola Israel), which exclusively markets Coca-Cola products in Israel, has been dealt a severe blow and will be forced to pay hundreds of millions of shekels to the Israeli Tax Authority. The Tel Aviv District Court rejected the company’s appeals against the tax assessment issued by…
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Virgin Atlantic to resume Israel flights ahead of holidays
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British airline Virgin Atlantic will resume flights between London and Tel Aviv from September 25, a week before the Jewish holidays, according to foreign media reports. Flights can be booked on the airline’s website, with options to connect to the United States. Like British Airways, Virgin Atlantic will offer direct…
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Norway fund under growing pressure over Israel
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Norway’s sovereign wealth fund is considering tightening its ethical standards for investments and divesting from more global companies linked to Israel’s war in Gaza, Reuters reported, according to a letter seen by Reuters that the fund’s ethics board sent to the Norwegian finance ministry on Aug. 30. The fund, one…