Globes

The Ministry of Finance is exploring a reduction in mandatory pension contributions to increase net salaries and cover the war-induced budget deficit. Experts warn this could jeopardize the financial security of future retirees.

20 years of career — and an empty profile. What we discovered after hundreds of conversations with senior marketing managers, and why the real barrier is not time.

Teva reported $4.1 billion in revenue, exceeding analyst forecasts. Net profit was 2 cents per share versus the expected 11 cents, due to Emalex acquisition costs. The company raised its annual revenue guidance, and shares are up over 4% in Tel Aviv.

The digital insurance company exceeded top-line expectations, while net loss remained steady year-over-year. Lemonade reaffirmed its path to positive adjusted EBITDA by Q4 and announced a CFO transition. Shares are down over 10% in pre-market trading.

Since July 2024, fewer than 1,000 foreign workers for the renovation industry have arrived in Israel via the bilateral route, out of a quota of 5,000. Now, the Population and Immigration Authority is approving a temporary procedure that will allow for rapid bringing, directly and not through the existing route. The entry of workers to Israel via this route will be possible only until the beginning...

Market conditions have made variable-rate loans taken during the zero-interest era significantly more expensive than current bank offerings. A proper diagnosis of your mortgage portfolio, willingness to pursue partial refinancing, and discarding myths about 'already paid interest' can save a fortune. Here is how to determine when refinancing is truly recommended.

Nofar Energy is acquiring a stake in the yet-to-be-built power plant from Phoenix and private owners. The deal includes an option to purchase the entire station should regulators require it.

Globes has learned that David Anolik, CEO of the strategic consulting firm Gitam, will be appointed CEO of Israel Bidur, a leading Israeli media group. The company recently received investment from the Marriott fund, led by Waze founders, including Asaf Rappaport.

The Wall Street chip index has shed a quarter of its value in a month and a half. Concerns about Chinese technology, rising AI costs, and cash flow issues are mounting. However, investment managers remain optimistic, calling it a "natural correction" and emphasizing that the AI revolution is just beginning.

After beating the Keystone offer, Generation will acquire the energy activity of Shikun & Binui in a deal of up to 4.5 billion shekels, a deal that will significantly strengthen its position in the electricity market.

Many investors expect corporate bonds to yield a significant excess return over government bonds. However, is the current risk premium justified given the global rise in yields to maturity and persistent economic threats?

The income-producing real estate company saw an increase in rent and management fees during the second quarter of 2026. Ahead of the project's completion, Gav-Yam has revalued its 50% stake in the ToHa2 tower at 1.9 billion shekels.

Investors are fleeing chip stocks: the collapse of SK Hynix and Samsung deepens the meltdown in Korea, as markets await the Fed's decision and the reports of Microsoft and Meta.

The Netherlands has enacted a law banning trade in goods from settlements and the Golan Heights. Experts warn this move could set a precedent and deter Dutch companies from engaging with Israeli businesses.

The cancellation of Fiverr's 4,500-square-meter lease at the Wix campus reflects the broader crisis in Israeli high-tech. Faced with revenue pressures, the AI revolution, and widespread layoffs, companies are prioritizing lean operations over office expansion.

While many tech companies are cutting staff due to AI adoption, defense-tech startups are actively expanding and increasing salaries. A GotFriends report attributes this to global security shifts and rising demand for defense technologies.

Even before its inclusion in the indices next week, the cybersecurity giant's stock has generated significant interest in Tel Aviv: average daily volume reached 8.5 million shekels, the share price has doubled since listing, and the company's value accounts for 30% of the entire stock market. The Exchange: "Inclusion in the indices will move it into a different league in terms of demand and...

Goren Family Office has long specialized in wealth management for high-net-worth clients. This acquisition marks a significant step in Phoenix Brokers' growth strategy within the sector.

A new report by Adecco suggests that the labor market is transforming through the redesign of processes in the AI era. A new management role is emerging: the Workforce Orchestrator, responsible for managing the division of labor between humans and AI agents.

Accounting firm KPMG has implemented an intern training program featuring exercises in critical thinking and decision-making to prepare employees for the AI era.

The Generation fund is nearing the acquisition of Shikun & Binui Energy for 4.2 billion shekels, after the parties reached understandings on the compensation mechanism in case the deal is not completed. Now the parties are preparing to finalize the last agreements and have the merger examined by regulators, who are concerned about the concentration in the electricity production sector.

The Ministry of Environmental Protection is demanding that the Tel Aviv Municipality stop work at Sde Dov, fearing a health risk due to the presence of pollutants. Alongside the exchange of accusations between the bodies, experts warn of regulatory chaos, while new buyers are demanding to include clauses for quick release from the contract due to pollution.

The undistributed profits reform, which generated 15–20 billion shekels in revenue, is facing scrutiny due to market distortions in the income-producing real estate sector. The Tax Authority is considering targeted adjustments as part of the upcoming Economic Arrangements Law.

Just before the change of control in the real estate company, the outgoing controlling shareholder Chaim Katzman is seeking to accelerate the appointment of Keren Khalifa as CEO. If she is fired after the transfer of control to Tzahi Abu and his partners, Khalifa will receive a bonus of 200% of her annual salary.

Following the Competition Authority's request to review correspondence regarding the replacement of Eitan Madmon, the Association of Banks has frozen the search process. The regulator's intervention was revealed yesterday.

The UAE has a significant advantage over other Gulf states — a port located outside the Strait of Hormuz. Now the Emiratis are planning to expand the port's infrastructure, without mentioning the Iranian threat.

The public enjoys banks’ entertaining campaigns, but is left with the mortgage and the interest on deposits. Will new reforms and the entry of competitors into the field lead to a turnaround? Globes brand index.

The large gap between the SK Hynix stock traded in the US and the one traded in South Korea indicates an unhealthy investor enthusiasm.

Globes presents an index examining the volume of credit card purchases in Israel. Phoenix Gamma data points to double-digit declines in most sectors, mainly due to the customs of the nine days.

The hedge fund in trust sector, managing approximately 6 billion shekels, faces regulatory uncertainty as its temporary authorization expires. The Knesset is set to vote on a permanent legal framework today, while the proposed metropolitan transport authorities reform remains stalled.

Following a year-long delay due to war-related funding challenges, the financial closing for the 'Nofit' light rail project has been finalized. The 41 km line will connect Haifa, Nof HaGalil, and Nazareth, serving an estimated 100,000 passengers daily.

Declines in the chip sector are shaking markets: Nvidia fell 5% yesterday, losing the title of the world's most valuable company to Apple. With stock declines in Asia and a volatile week ahead on Wall Street, investors are bracing for tech earnings and Fed decisions.

Two partners held land in Ramat Gan in equal shares for years, with one partner building a private house on the plot. Following a demolition order, a dispute arose over the allocation of additional building rights.

The objections investigator for the "Nof Yarkon" plan resigned due to a conflict of interest, as he had professional ties with an appraiser who submitted an opinion on the project. This is expected to further delay the 9,000-unit housing project, which has been in the works for three decades.

A rapid urban renewal plan for Ahuza Street in Ra'anana will increase density by hundreds of percent. This is just one of 100 projects being promoted around the Gush Dan metro, set to add 300,000 new apartments.

Erez Koptsh, head of Israel stocks at the insurance company Hachshara, is sure that the capital market is missing the fact that the US is facing deflation and therefore its interest rate will fall. He suggests extending duration in bonds and provides a recommendation on three sectors that are trading at attractive valuations in Tel Aviv.

New data show that business credit jumped by 15% year-on-year, the highest rate since 2010, driven largely by banks. This trend is primarily due to the real estate sector, which requires significant funding to stay afloat amid a sales slowdown. Experts warn of rising financial risks.

The Competition Authority has requested correspondence from bank chairmen regarding their intention to replace Association of Banks CEO Eitan Madmon, as reported by Globes last week.

Following advanced negotiations to lease approximately 4,500 square meters at the Wix campus in Glilot, the deal has been canceled. Fiverr, whose current lease in Tel Aviv is nearing expiration, had been seeking larger office space, but its future plans remain uncertain.

Investor Michael Burry has announced on his Substack blog that he is increasing short positions against Nvidia and the SOXX ETF. Burry has repeatedly warned about inflated valuations in the semiconductor and AI sectors.