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United Kingdom

Tova Cohen

Israel to increase gas exports to Egypt, companies say

02 Oct 2019

JERUSALEM Israel is significantly increasing the amount of natural gas it plans to export to Egypt under a landmark deal, Israeli energy companies said on Wednesday, sending their shares higher.

UPDATE 1-Israel to increase gas exports to Egypt, companies say

02 Oct 2019

JERUSALEM, Oct 2 Israel is significantly increasing the amount of natural gas it plans to export to Egypt under a landmark deal, Israeli energy companies said on Wednesday, sending their shares higher.

UPDATE 1-Tech entrepreneurs to set up Israel's first new bank in 40 years

24 Sep 2019

TEL AVIV, Sept 24 Two tech entrepreneurs are set to establish Israel's first new bank in 40 years after the central bank said on Tuesday it approved the plan as part of efforts to spur competition in the sector.

Israel's Bezeq may write down up to 2.1 billion shekels in second quarter

25 Aug 2019

TEL AVIV Bezeq Israel Telecom said on Sunday it may write down as much as 2.1 billion shekels ($599 million) in the second quarter from its mobile telephone and satellite TV units, sending its shares down nearly 7%.

UPDATE 2-Israel's Bezeq may write down up to 2.1 bln shekels in Q2

25 Aug 2019

TEL AVIV, Aug 25 Bezeq Israel Telecom said on Sunday it may write down as much as 2.1 billion shekels ($599 million) in the second quarter from its mobile telephone and satellite TV units, sending its shares down nearly 7%.

Israel eases rules on cyber weapons exports despite criticism

23 Aug 2019

TEL AVIV Israel is easing export rules on offensive cyber weapons, despite accusations by human rights and privacy groups that its technologies are used by some governments to spy on political foes and crush dissent. | Video

Israeli ex-CEO convicted in U.S. over $145 million binary options fraud

08 Aug 2019

TEL AVIV/NEW YORK A U.S. jury has convicted Lee Elbaz, the former chief executive of Israel-based Yukom Communications, of orchestrating what prosecutors called a scheme to defraud investors through the sale of $145 million of financial instruments known as "binary options."

UPDATE 1-Israeli ex-CEO convicted in U.S. over $145 mln binary options fraud

08 Aug 2019

TEL AVIV/NEW YORK, Aug 8 A U.S. jury has convicted Lee Elbaz, the former chief executive of Israel-based Yukom Communications, of orchestrating what prosecutors called a scheme to defraud investors through the sale of $145 million of financial instruments known as "binary options."

Israel's Teva Pharm profit falls less than expected, CFO to leave

07 Aug 2019

TEL AVIV Teva Pharmaceutical Industries reported a smaller-than-expected drop in second-quarter profit on Wednesday and said its chief financial officer was leaving the company.

Chipmaker TowerJazz second-quarter profit drops less than forecast, to expand capacity

29 Jul 2019

TEL AVIV Chip manufacturer TowerJazz posted a drop in second quarter profit as revenue fell due to a price cut for a renewed contract, and said it would invest $100 million to expand production capacity at a plant in Japan to meet growing demand.

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