JERUSALEM The Bank of Israel left its benchmark interest rate <ILINR=ECI> at 0.1% on Monday, saying economic damage from the coronavirus outbreak was likely to be less than initially feared.
JERUSALEM The Bank of Israel is expected to leave short-term interest rates unchanged next week after a reduction last month aimed at helping the economy recover from the coronavirus pandemic.
JERUSALEM, May 21 Bezeq Israel Telecom
reported a higher quarterly profit amid a drop in financing
expenses and said the coronavirus outbreak has so far had a
minimal impact on its results.
JERUSALEM Bank of Israel Governor Amir Yaron said on Wednesday he supports an expansionary 2020-21 budget to help the economy recover from the coronavirus pandemic, which has forced businesses to close and unemployment to jump.
JERUSALEM, May 19 Israel is likely to focus on
local bond markets for the rest of 2020 as it finances a soaring
budget deficit in the wake of the coronavirus crisis, a senior
Finance Ministry official said, having already raised $10
billion globally so far this year.
JERUSALEM Israel Katz took over as Israel's finance minister on Monday as part of a new government, saying he planned to work towards helping the economy recover from the effects of the coronavirus while also promoting competition.
TEL AVIV Wix.com , which helps small businesses build and operate websites, expects a strong second quarter as companies rush online amid lockdowns to tackle the coronavirus pandemic, it said on Thursday.
TEL AVIV, May 13 El Al Israel Airlines
called on Israeli Prime Minister Benjamin Netanyahu to rescue it
on Wednesday, rejecting what it said were impossible conditions
for state-backed loans.
* Shares jump almost 20%
(Adds CEO comments on migraine drug, contract extension)
TEL AVIV A parliamentary panel authorised Israel's Shin Bet security service on Tuesday to continue using mobile phone data to track people infected by the coronavirus until May 26 despite privacy concerns.