Category: News
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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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Bitcoin buyer MicroStrategy jumps on Nasdaq 100 entry
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Written by Medha Singh (Reuters) – Shares of MicroStrategy rose 6% in pre-market trading on Monday, as the software company and bitcoin buyer were set to join the tech-heavy Nasdaq 100 index, which could fuel the stock’s rise. The $25.7 trillion index of the largest non-financial companies will now get…
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Pound hits 20-month high against Euro as ECB rate cuts loom
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The pound rose to its highest level against the euro in almost two years on Tuesday, rising 0.3 percent to €1.21. The pound’s rise comes amid growing expectations that the European Central Bank will cut interest rates further this week, as Europe’s largest economies struggle for momentum. The European Central…
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CEO Update to Shareholders | Financial Post
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This section is Partnership Content supplied The content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire Breadcrumb Trail Links GlobeNewswire Author of the article: Published Dec 16, 2024 • 9 minute…
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Nir Zuk signs MoU to buy Channel 13
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Israeli businessman Nir Zuk has signed a memorandum of understanding with Channel 13 and its controlling owner Len Blavatnik to study the acquisition of the Israeli television station, subject to due diligence. According to the information received by Globes, the value of the deal is between 70 and 90 million…
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Watch These Palantir Price Levels After Stock’s Nasdaq 100 Inclusion
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Source: TradingView.com Palantir shares will likely be in the spotlight Monday after the Nasdaq announced late Friday that the analytics software provider has been added to the Nasdaq 100 index. The stock continues to trend sharply up after breaking out of a cup and handle pattern, although the RSI warns…
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Instant Crypto Exchange – What Is It and How Does It Work?
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By combining decentralization, contract speed, and flexibility, the cryptocurrency market has completely changed how financial transactions are carried out. With this in mind, the industry needs more efficient ways to trade digital assets. Among the most innovative inventions, cryptocurrency enthusiasts can benefit from modern technology Instant crypto exchange. In the…
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Australia Names Fry-McKibbin, Baker to RBA’s Monetary Board
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Breadcrumb links BMN Business Australia has appointed Rene Fry McKibben, who was involved in the review of the central bank, and former Bendigo and Adelaide Bank chief executive Marnie Baker to the Reserve Bank’s new monetary policy committee. Article writer: Bloomberg News Swati Pandey and Ben Westcott Posted on December…
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Bitcoin surges above $106,000 on strategic reserve hopes
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(Reuters) – Bitcoin rose to a record high above $106,000 in early Asian trading on Monday, buoyed by comments from President-elect Donald Trump that he plans to create a US strategic reserve of bitcoin similar to the Strategic Oil Reserve. Bitcoin, the world’s largest and most popular cryptocurrency, reached a…
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How 5G Technology Is Changing Business Operations In the UK
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5G technology represents a major leap forward in mobile communications, offering faster speeds, lower latency and greater capacity compared to its predecessor, 4G. Its introduction is not only changing the way we connect to the Internet, but is also reshaping various industries, including business operations across the UK. 5G technology…
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Brazil Potash Schedules Investor Call
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Article content The call is scheduled for 5 PM ET on Monday, December 16, 2025 Article content MANAUS, Brazil, Dec. 15, 2024 (GLOBE NEWSWIRE) — Brazil Potash Inc. (“Brazil Potash” or the “Company”) (NYSE-American: GRO), an exploration and development company existing under the laws of Ontario, Canada. The potash mining…
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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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2024 bull run in home stretch, China ‘data dump’ eyed
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Written by Jamie MacGyver (Reuters) – A look at the day ahead in Asian markets. Asia begins the final full trading week of 2024 with the monthly ‘China data dump’ falling on Monday, and with investors leaning towards keeping the stock market uptrend going as central banks around the world…
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The Next Frontier of Business Intelligence
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Artificial Intelligence (AI) has transformed from a speculative idea into a critical technology that is revolutionizing many industries and uses. The transformative impact is evident in the continued expansion of AI as a driving force for business intelligence. Today we will examine the evolving landscape of AI in business and…
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November CPI fell further than expected
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The Israeli CPI fell 0.4% in November, more than expected with analysts expecting a 0.2%-0.3% decline, after the CPI rose 0.5% in October. In the 12 months to the end of November 2024, the inflation rate fell to 3.4%, from 3.5% at the end of October, according to figures released…
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Is Walgreens Boots Alliance a Millionaire Maker?
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Walgreens Shoe Alliance (Nasdaq: WBA) is a household name in the healthcare industry. Consumers in America and around the world have been going to their neighborhood pharmacies for generations. However, the company fell on hard times. Clumsy efforts to expand the business weakened the balance sheet and caused a 90%…
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Is Walgreens Boots Alliance a Millionaire Maker?
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Walgreens Shoe Alliance (Nasdaq: WBA) is a household name in the healthcare industry. Consumers in America and around the world have been going to their neighborhood pharmacies for generations. However, the company fell on hard times. Clumsy efforts to expand the business weakened the balance sheet and caused a 90%…
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Small businesses say cautious shoppers are seeking ‘cozy’ and ‘festive’ this holiday season
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Breadcrumb links PMN BMN Business Article writer: Associated Press May Anderson Posted on December 15, 2024 • 4 minutes read You can save this article by registering for free here. Or log in if you have an account. Article content After a busy Black Friday weekend, Christine Tarnoll, owner of…
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El Al to hold back seats for tech businesspeople
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In the coming weeks, El Al Israel Airlines Ltd (level:Ellal) plans to reserve 15 seats on each flight to London (Heathrow), Paris and New York for technology professionals traveling on business. Travel agents will be informed next week of the new scheme designed to provide a solution for business and…