TEL AVIV Israel's exports of computer chips to China soared last year as Chinese companies bought more semiconductors made at Intel's Kiryat Gat plant.
JERUSALEM, March 18 Cellcom, Israel's
largest mobile operator, reported a steeper than expected
quarterly loss, hurt by continuing revenue declines amid
toughening competition and as it invests in a fibre optics
WASHINGTON/JERUSALEM Mizrahi Tefahot Bank Ltd, Israel's third-largest bank, admitted to helping clients evade U.S. taxes and agreed to pay $195 million, the U.S. Justice Department said on Tuesday, culminating a five-year investigation.
WASHINGTON/JERUSALEM March 12 Mizrahi Tefahot
Bank Ltd, Israel's third-largest bank, admitted to
helping clients evade U.S. taxes and agreed to pay $195 million,
the U.S. Justice Department said on Tuesday, culminating a
JERUSALEM, March 10 Bank Hapoalim said
on Sunday it plans to list shares of its credit card unit
Isracard on the Tel Aviv Stock Exchange following demands by
regulators for banks to divest their credit card subsidiaries.
JERUSALEM Israeli short-term interest rates may continue to rise even before inflation reaches the 2 percent rate the central bank desires, the Bank of Israel's outgoing deputy governor said.
ISTANBUL/JERUSALEM, Feb 26 Israeli lender Bank
Hapoalim said it is planning a sale of its holdings in
Turkey's Bank Pozitif.
JERUSALEM Israel's central bank is expected to hold the line on short-term interest rates this week for a second straight meeting despite higher than expected inflation and economic growth data.
JERUSALEM Israeli chip manufacturer TowerJazz said it expects its main business units to grow further this year, despite macro-economic headwinds facing the sector, lifting its shares.
* Analysts forecast 2019 revenue to fall to $1.28 bln
(Adds details, share price move)