Calcalist

Nofar Energy, controlled by Ofer Yanai, is in advanced negotiations to acquire the energy company Highlight. The potential deal is valued at 100-150 million NIS.

The financial technology and data group Ion, owned by billionaire Andrea Pignataro, has missed rent payments for offices across three continents. Landlords have restricted employee access to premises due to outstanding debts.

Benjamin Netanyahu seeks to increase the defense budget for the next 13 years without identifying funding sources. Experts warn that this strategy increases debt and risks, undermining Israel's fiscal credibility.

The Tzomet Sfarim chain is introducing a new filtering process for self-funded books. This policy aims to streamline operations and improve the overall customer shopping experience.

The AIG Israel workers' committee has declared a labor dispute citing disagreements over a collective agreement and concerns that AI implementation will lead to job cuts.

The Capital Markets Authority has introduced new requirements for P2P companies, mandating automated reporting. The regulation aims to protect lenders and increase transparency in the sector.

The Banking Supervision Department at the Bank of Israel has proposed extending the automatic payment routing service for customers switching banks by three years. The measure aims to ensure financial continuity.

Mega Or's signed contracts for its data center assets are generating an annual net operating income (NOI) of 740 million shekels, marking an 89% increase over the company's total 2025 asset NOI.

Rustic Bakery has released its first financial reports since its IPO. The company reported a 31.6% increase in net profit to 23.5 million shekels, with total sales rising 3% to 194.5 million shekels.

Industrial land prices in National Priority Area A have jumped 5.7-fold in nine years. Due to an outdated discount ceiling, the incentives for establishing factories in the periphery have been effectively neutralized.

The crisis regarding leased lands in Jerusalem has led to a 50% decline in apartment values in prestigious neighborhoods. Banks have ceased mortgage lending, and owners face significant legal uncertainty.

Poalim Equity, the investment arm of Bank Hapoalim, and Reality Partners have announced a joint investment in the European fund Alea Living One. The companies will invest 50 million euros in the student housing sector.

The company ORC LAND, controlled by Raz Oded, is acquiring the EVIA RIVIERA RESORT on the island of Evia in Greece. The company intends to invest 15 million shekels in renovating the hotel.

The Israeli government has approved the transfer of approximately one billion shekels to the defense budget. The funding includes 850 million shekels originally allocated as a grant to Intel for its Kiryat Gat plant expansion.

A hotel tower planned to be built just 100 meters from the water line in Bat Yam will not be built in its planned format. The Tel Aviv District Planning and Building Commission has determined that building rights will be transferred to another plot further from the coastline.

The battle for the biomed company Evogene is intensifying as Leon Recanati increases his stake to 6.5% with a $400,000 investment. Investors Kfir Zilberman and Ron Yair Peled, holding 16.7%, are pushing for a board overhaul.

Energy company Enlight is in advanced negotiations to acquire a European energy developer, primarily focused on the German market, in a deal valued at hundreds of millions of euros.

The Yakobi brothers, controlling shareholders of the Yakobi YSB group, are insisting on an upgrade to their compensation terms, but Adi Zim, a 16.5% shareholder, continues to block the move. Consequently, the executives are currently not receiving a salary.

The closure of Israeli airspace during combat operations exposed the economy's vulnerability in air cargo capacity. Cargo volumes plummeted, and the lack of a government emergency plan leaves the country dependent on private sector initiatives.

Residents and business owners in northern Israel are grappling with the aftermath of the ongoing conflict. A decline in domestic tourism, labor shortages, and delays in state compensation are pushing businesses to the brink of survival.

Discussions regarding the $4.2 billion sale of Zim to Germany's Hapag-Lloyd and the FIMI fund are gaining momentum, with current estimates suggesting the deal will not be approved.

Berkshire Hathaway reported a sharp jump in second-quarter results, supported by rising share prices in its massive stock portfolio. The company's cash pile grew to $359.2 billion, while net profit attributable to shareholders more than doubled to $25.67 billion.

Burger King has overtaken Wendy's as the second-largest hamburger chain in the US by sales. This shift follows six consecutive quarters of declining same-store sales for Wendy's.

The United States Postal Service (USPS) reported a net loss of $2.5 billion in the third fiscal quarter. The agency is currently borrowing from employee pension funds to maintain operations.

The probability of a Federal Reserve interest rate hike in September has fallen to 43.9% following weak July employment data. The number of jobs decreased by 23,000, against an expected gain of 83,000.

US employment saw a surprising decline of 23,000 jobs in July, missing the forecast of 83,000 new positions. Meanwhile, the unemployment rate fell to 4.1%.

Yom Tov Samia has announced the end of his tenure as chairman of Apollo Power, a role he held since August 2018. It is expected that he will join a political party ahead of the elections scheduled for October 27.

Currency markets remain stable ahead of the US July employment report. The dollar is trading at 3.01 shekels as investors look for signals regarding future Fed policy.

Kibbutz Be'eri has introduced a light lager made entirely from local barley. The project, launched in partnership with the Milk & Honey Distillery, serves as a symbol of resilience and connection to the land following the events of October 7.

Private equity firm Apollo Global Management will acquire easyJet in a deal valued at $7.7 billion. The acquisition is moving forward after competing investment firm Castlelake withdrew its bid.

Diageo, the world's largest alcohol company, has unveiled an efficiency plan expected to lead to savings of one billion dollars over three years. The plan will lead to the cutting of between 3,000 and 5,000 jobs.

Businessmen Even and Ricky Newman have acquired an additional 10% stake in the B-Good fashion chain, bringing their total holding to 34% at a company valuation of 250 million shekels.

Pazgaz employees have initiated industrial action, threatening to halt gas supplies during the holidays. The workers are protesting against restructuring plans and demanding improved employment conditions.

Bank of America spends over $250 million annually to fund GLP-1 weight-loss medications for its staff. CEO Brian Moynihan views the expenditure as a valuable investment in employee health and well-being.

The Golf Group concluded the second quarter of 2026 with a moderate sales increase, while net profit nearly tripled. The primary driver was a sharp reduction in financing expenses following the weakening of the US dollar.

Nofar Energy shares fell by 5.4% amid a dispute with the Securities Authority over financial covenants. The company will voluntarily redeem two bond series whose holders opposed the proposed changes to trust deeds.

Harel is seeking to expand its activity in the hedge fund sector through the acquisition of a management entity. The group is in talks to acquire shares in the management company of the Tulip hedge fund at a valuation of approximately 40 million shekels.

Ormat Technologies reported second-quarter results that exceeded analyst expectations for both profit and revenue. Following these positive results, the company raised its revenue forecast for 2026.

Artificial intelligence is poised to become a personal financial agent for everyone, bridging the gap between private investors and the sophisticated financial tools previously reserved for the wealthy.

The investment fund Manor Evergreen is acquiring 30% of the shares of Argil Group, which operates in the infrastructure and construction sector. Argil's valuation in the deal stands at 300 million shekels.