Globes

As revealed in Globes, Chinese car manufacturers like Chery, SAIC, and Geely are preparing to establish direct offices in Israel. This shift suggests they may decide to take control of their own distribution. Since the beginning of the year, every second car sold in the country was made in China.

The cumulative cost of repairing construction defects in new apartments reaches 2.2 billion shekels per year, according to an analysis by the company Lead Handasa. According to the findings, 97% of apartments had flooring defects, and 94% had plumbing defects.

The El Al customer club has become a highly profitable asset for the airline, with margins comparable to the high-tech sector. In the first half of the year, the club's profit jumped 22% to $38 million. The transition of the Fly Card credit card operation to Isracard is expected to drive further business growth.

Saudi Arabia, Pakistan and Turkey have signed an agreement to establish a "Muslim NATO," and the Turkish Foreign Minister announced that Egypt may join later. The cooperation is expected to block the plan to move goods from India to Europe via Israel and the expansion of the Abraham Accords.

A 16-million-dollar investment in the renovation of the Reflecting Pool near the Lincoln Memorial has resulted in peeling surfaces and recurring algae issues. A legal scandal involving false vandalism charges has highlighted poor workmanship and raised concerns about the broader scope of the president's multi-billion-dollar urban development plans.

Beyond Oil, which developed a solution for renewing used frying oil, will implement the technology in 14 US supermarket branches. Also: Toys R Us is investing about 2 million shekels in a concept store in Ra'anana. Events and appointments.

The Israel Land Authority (ILA) has regulated the status of approximately 120,000 dunams of agricultural land, enabling the construction of solar energy facilities. This resolution ends a dispute between Negev moshavim that has persisted since 1991.

Argular, which helps OpenAI, Anthropic, and Google test the safety of their models, has been linked to three cases where artificial intelligence systems managed to access the internet during cyber experiments. The company claims that they originated from a single glitch in the testing environment that has already been addressed.

Uncertainty surrounding the Strait of Hormuz continues to loom over the markets. Wall Street rose to a new high after the employment report dramatically lowered expectations for an interest rate hike. All eyes will be on the consumer price indices in the US and Israel. The reporting season in Tel Aviv is heating up with reports from four of the five largest banks. And also: the strategist who...

The Electricity Authority signals that institutional entities will receive more lenient treatment regarding concentration issues in the electricity sector, even when they hold a series of production and storage assets. Electricity Authority: "There is no impediment to approving the allocation of rights to the Phoenix group based on considerations of economy-wide concentration."

The Holon Municipality has decided to stop the operation of shared scooters starting in September, becoming the first city in Israel to remove them from its territory. The municipality explains that the move is intended to return sidewalks to pedestrians and improve safety, but the industry warns that the ban will actually encourage a shift to private scooters and increase car usage.

On Friday, Globes revealed that Benjamin Netanyahu is demanding to open the state budget and increase the defense budget by 400 billion shekels over 13 years. In his first response, Bank of Israel Governor Amir Yaron warns of a rise in the debt-to-GDP ratio and says: 'I was not involved'

The annual report on insolvency proceedings points to a slight decrease in active insolvency proceedings for individuals and corporations, and a slight increase in individual and creditor requests for the opening of proceedings. The report also highlights data on the age of debtors.

After three years in which children from the confrontation line in the south and north saw their homes evacuated, their classrooms closed, and their childhoods interrupted again and again, a computer for every child is no longer a message that suffices on its own. A real solution must include advanced physical infrastructure, academic equality of opportunity, and a continuous human and emotional...

Lindsay Clancy murdered her three children and then attempted suicide. Now, a murder trial is underway in the USA, revolving around one question: Why did she do it? While the prosecution argues it was premeditated murder, the defense claims it was postpartum psychosis. What is postpartum psychosis, how can it be identified, and what should be done?

World press on Israel: Concerns over potential F-35 sales to Turkey, Ankara's sixth-generation aircraft ambitions, internal opposition within the Khamenei family, and the deepening defense ties between Israel and the UAE.

After being laid off, many make the mistake of sending resumes indiscriminately. The story of development manager Mor Schlesinger proves that searching together with colleagues restores a sense of control and increases success rates.

From road safety to infrastructure investment: we analyzed the performance of Transport Minister Miri Regev. Rising road fatalities and mixed budget execution contrast with the recovery of public transport usage. The 'Performance Traffic Light' — a special project.

A real discount on an apartment is not measured against the list price, but against the market price and the minimum price at which the developer is willing to sell. Checking similar transactions, financing benefits, and the buyer's bargaining power can help distinguish between a marketing promotion and a worthwhile deal.

The court allowed Bank Hapoalim to refuse to accept millions of shekels returned by the police into a citizen's account, even though his criminal case was closed. Nes Li Hofim company was ordered to pay about half a million shekels after canceling a 25-year lease agreement for a commercial complex due to dampness. And the partner of a deceased woman was recognized as the owner of half the...

History shows that after elections, the Tel Aviv Stock Exchange tends to rise, but political instability could change the picture. How important is the identity of the coalition, or is the capital market thirsting primarily for certainty? Experts map out the scenarios ahead of the trip to the polls and identify sectors that may profit. And also: why political opinions are a "recipe for losing...

The house, in the Neve Amal neighborhood, was built in the fifties and sold for 3.8 million shekels. Prices for new cottages in the neighborhood range between 6 and 7 million shekels.

From Ormat, through A. Dori, to Norstar and G City, the veteran businessman has experienced several confrontations and struggles over the last two decades, from which he often emerged battered. All this while the value of his life's work, the real estate company G City, continues to shrink. Following the collapse of the deal to sell control of the company to Tzahi Abu, the market wonders how much...

Giant investors like Ray Dalio, Jeffrey Gundlach, and Prof. Kenneth Rogoff believe that America has entered a critical phase at the end of which the government will struggle to finance its debt, the dollar's purchasing power will be cut, and its status as the dominant global power will be lost. There is a belief that the process could happen in just a few years. Why does the US have one of the...

Balaji Srinivasan left Silicon Valley and set up an incubator for new countries in an Asian ghost town, until the government shut the project down.

South Korea's romantic wedding of the century exploded and turned into a drama with sequels. Now they are already being called the "divorce of the century".

The housing shortage in Copenhagen has led authorities to create the artificial peninsula of Lynetteholm. By drying out shallow waters using soil from construction sites, the project aims to address the housing crisis while protecting the city from rising sea levels.

The Tel Aviv Museum of Art honors the influential Israeli artist who has worked with the biggest magazines and most prestigious museums. Illustrator and designer Noma Bar has a unique, graphic, and colorful way of looking at the world, and a second look at his works always reveals another layer. Bonus: children will also discover its magic in seconds.

The State of Israel is heading to elections, and Globes' "Mashrokit" (Whistle) brings the latest polls from all media outlets. Who is strengthening, who is weakening, and how does it affect the balance of power between the camps? With the mandate picture static, the political arena is looking at one specific move.

Fields Medal winner Jacob Zimmerman is joining OpenAI. He aims to use his mathematical expertise to advance AI safety and ensure the technology does not pose an existential threat to humanity.

Once a week, the "Checking the Myth" column examines famous historical distortions, their origins, and their lasting impact. This week: we debunk the claim that the maligned insect is destined to survive a nuclear apocalypse.

"After 2008, we sold assets at any price to avoid a debt settlement. I went on a crazy realization journey. I sat in front of senior officials at Deutsche Bank, to whom we owed millions, to extract a few shekels," recalls Gil Roshinek, Chairman of Electra Real Estate.

Samsung's new generation of foldables offers an intriguing structural change: the Galaxy Z Fold 8 is an almost square device, rather than elongated as is customary. The design is clean and premium, performance is good, and the battery is strong, but the price tag is particularly high.

Artificial intelligence and other technologies are already helping researchers decode whale language, identify patterns in animal communication, and even conduct "conversations" with dogs. However, the question is no longer just what they are trying to tell us, but whether we will know how to listen to them.

The apartment was sold for 1.63 million shekels after a month on the market, coinciding with the start of a TAMA 38 project in the building. According to the broker, urban renewal has increased the property's value, attracting investors and home upgraders. Additional real estate deals from the past week are included.

In an era of remote work under sirens, reserve duty, and shifting client requirements, some teams adapt quickly while others fall behind. A new study from Tel Aviv University reveals what enables teams to adapt faster and how this capability improves performance in a dynamic environment.

The leaked copy of Spider-Man, which garnered millions of views within hours, revealed how X has turned from a distribution channel into a social network for an effective pirate infrastructure. While studios continue to rely on legal tools, Hollywood understands that the new line of defense may be the cinema experience itself.

What is Sextilis, what kind of musical instrument is the theorbo, and who invented the modern air conditioner? The weekly trivia.

A conversation with Ela Alkalay, Chair of IBI Mutual Funds and social activist. We discuss the rule of thumb for a worry-free retirement, the population group at greatest risk, and pension contributions that started as a smart idea but got out of control. How to prepare for retirement even at age 40? A new series.

In Manhattan, rent in stabilized apartments is half the market price, while in the Bronx the gap is only 12%.