
Globes
Publisher feed•883 articles

Pension Reform Chaos: Savers Lose Their Way in 'Black Box' Funds
Two years after the Capital Market Authority's reform, pension savings tracks remain a source of confusion. Identical names hide vastly different investment strategies, leading to significant yield gaps and forcing savers to dig deep to understand their portfolios.

Commissions Revealed: How Wolt Is Trying to Capture a 6 Billion Shekel Market
The corporate food benefit market, valued at 6 billion shekels, is undergoing a transformation. With Wolt's entry, the competition between Cibus and 10bis is shifting into a battle for control over the entire employee budget.

Bank of Israel Opens Door for Banks to Dual List Abroad
Globes has learned that the Supervisor of Banks has distributed a draft circular allowing banks to apply American accounting standards. This move facilitates dual listing, aims to increase liquidity, and may boost stock performance.

Country by Country: Erdogan's Plan for Middle East Expansion
Turkish President Recep Tayyip Erdogan is strengthening regional influence, leveraging energy crises in Iraq and instability in Lebanon to expand his footprint.

Large-Scale Study: Where Do People Live Longest in Good Health?
We live longer, but not necessarily better: a study covering 204 countries found that people today spend a significant portion of their lives with illness and disability. This phenomenon is particularly noticeable in wealthy nations. Where does Israel rank in the global index? Welcome to our new column, "Longevity Science."

"A project that will change the region": Harish connects to the national railway network
The National Planning and Building Council has deposited the "Mesilot Menashe" plan, which includes a 50 km double railway line and three new stations. The line will connect Harish, the Baka-Jatt area, the Menashe settlements, and Alon Emek Hefer to the national railway network, shortening travel times to the center and including road upgrades in the area.

Advertising Agencies and Brand Competition: Why McCann Works with Two Rivals
This summer, the credit card market saw intense competition between Fly Card, FlyAway, and SkyMAX. The situation drew attention as McCann Tel Aviv began handling advertising for two competing brands simultaneously.

Personal example: Europe is in crisis, yet continental leaders head for summer vacation
The Spanish Prime Minister has faced sharp criticism for taking a vacation during the migration crisis in Ceuta. The British Prime Minister went on leave just two weeks after taking office, while leaders in Germany, France, and Italy are also beginning their summer breaks.

WhatsApp mystery: Accounts are being blocked, and Meta provides no explanations
Many users in Israel and around the world report that their WhatsApp account has been blocked without warning. Experts estimate that a monitoring algorithm is misclassifying normal usage patterns as spam. Here is what to do if you are blocked.

Moments Before Elections: A Round of Appointments in Defense Companies
The Israeli government is actively shaping the boards of directors of leading defense companies, such as IAI and Rafael, as they prepare for IPOs. These appointments are accompanied by intense political maneuvering.

Amazon at a peak, Bezos heads to the bank: A massive $4.1 billion divestment
Following strong quarterly results, founder Jeff Bezos has filed a plan to sell 15 million shares of Amazon. Bezos remains the company's largest private shareholder with an 8% stake, as Amazon's market capitalization recently surpassed the $3 trillion threshold.

Tel Aviv Stock Exchange: Trading volume surge drives 81% net profit growth
The exchange’s revenues rose 36% in the second quarter, with net profit jumping 81%. Increased capital market activity and higher clearing fees fueled the expansion, while the stock’s valuation has returned to a more moderate multiple.

Censorship blocks Globes article publication without explanation
Globes brings to the public's attention an unusual decision by the censorship to delay an article's publication indefinitely without providing a security justification. This case raises further questions regarding the consistency of the censorship's policy.

The Monday Method: Mass Layoffs and Doubling CEO Salaries
Monday's leadership initiated a wave of layoffs affecting 620 employees while simultaneously asking shareholders to approve a plan to double their own compensation packages to $14 million by 2029.

Massive cyber incident at Hugging Face: Hundreds of thousands of users at risk
Attackers took over the account of a well-known developer on the popular AI model sharing platform and injected malicious code into dozens of common open-source libraries. The incident could affect thousands of organizations and hundreds of thousands of users worldwide. Security experts urge caution.

Michael Burry Bet Against the AI Revolution — Palantir Taught Him a Painful Lesson
Michael Burry built a large bearish position against an AI leader, but Palantir continues to deliver strong results, defying the pessimists. How much did this bet cost him, and what is Alex Karp's take?

Retailers love Tu B'Av - except in one sector
Globes presents an index examining the volume of credit card purchases in Israel. Phoenix Gamma data points to increases in most consumer sectors thanks to the holiday of love, except for the food sector.

The Courage to Break the Silence: Why False 'Domestic Peace' Is a Danger to Family Business
In family businesses, the most dangerous moments are often the quiet ones. When silence stems from the fear of raising explosive topics, it becomes a ticking time bomb that erodes the foundation of the company.

Dispute with Securities Authority: Nofar Faces Potential Early Debt Repayment
Renewable energy firm Nofar, led by Ofer Yanai, is in a dispute with the Securities Authority over the interpretation of its financial liabilities. This conflict could allow bondholders to demand immediate repayment of 2.2 billion shekels in debt.

Eli Lilly Expands Access to Retatrutide Weight-Loss Drug
Eli Lilly is launching an early access program for Retatrutide, a promising weight-loss drug that has shown record-breaking results in clinical trials. The move follows concerns over a black market for counterfeits.

Ireland boycotts Elbit, and its PM's plane cannot land in fog
An executive jet purchased by the Irish government for 53 million euros cannot land safely in difficult weather conditions because Dublin insisted on removing systems with Israeli technology produced by Elbit, as part of the boycott of Israel.

Global Review: Iran's Strategy, Life in Dubai, and the Rabbi in Tehran
Globes presents a daily short review of interesting news from the global media about Israel. This edition: Iran's bet on a war of attrition, the new reality for bankers in Dubai, and a profile of the Chief Rabbi of Iran.

Average High-Tech Salary Jumps to Over 35,000 Shekels, Amidst Stagnant Hiring
The average high-tech salary reached 35,760 shekels per month in May 2026, a 13.7% increase from May of last year. However, the number of positions remained virtually unchanged, signaling a shift in industry dynamics.

Trump Criticizes Oil Giants Over War-Driven Profits
US President Donald Trump has criticized Exxon Mobil and Chevron for reporting massive profits amid the oil price surge caused by the war with Iran, demanding they lower prices for consumers.

Profit Surge and Giant Google Contract: Enlight Shares Jump 8% as 2026 Forecasts Are Raised
Enlight, a leading Israeli renewable energy company, is surging on the stock exchange following a successful second-quarter report. The company reported a five-fold increase in net profit and a significant rise in revenue, prompting an upward revision of its 2026 financial guidance.

G City Control Sale Deal Collapses: Chaim Katzman Explains Why
A month after it was signed, the deal to sell control of G City to Ari Nadlan and Ispro has fallen through. Chaim Katzman cited concerns over the new partners' financial profile and deviations from the original agreement.

Ad Banned in Israel to Air in the US and UK
The Vegan Friendly organization has faced a ban on its latest commercial across Israeli television and cinemas. Regulators deemed the content 'controversial,' leading the group to shift its campaign to the US and UK markets.

Five Things to Know Before the Market Opens
The trading day on Wall Street is expected to open with a positive trend following yesterday's gains in tech giants. Asian markets are seeing declines, while investors await reports from AMD and SpaceX.

$14 million: The CEOs who fired 600 employees and are asking for double the salary
Roy Mann and Eran Zinman, the founders and CEOs of Monday, are asking the company's general meeting for a tiered salary increase that will bring them to a level of $14 million each. The company recently announced the layoff of 600 employees.

Deal between Chaim Katzman and Tzahi Abu collapses one month after signing
Over the past two weeks, the relationship between businessman Tzahi Abu and the company's controlling shareholder Chaim Katzman has hit a dead end.

Apartments Without Protected Spaces Have Seen Faster Price Growth Than Protected Ones
A study by BYNDbiz reveals that since October 2023, the price per square meter for older apartments without a Mamad rose by 11.2%, compared to only 2.6% for protected apartments.

Those Outside the Workforce to Pay More: Finance Ministry’s Plan to Cover National Insurance Deficit
The Finance Ministry has released a concerning forecast indicating that by 2029, the National Insurance Institute will be unable to meet its financial obligations. The ministry attributes this to an expansion of benefit eligibility and extensive discounts for non-working population groups. Proposed measures include tightening eligibility criteria and increasing contribution fees specifically for...

SpaceX Faces 'Time Bomb' as Lock-Up Period Ends
SpaceX is set to release its first financial reports as a public company this week, followed by the initial unlocking of restricted shares. While the influx of supply may trigger volatility, analysts remain largely bullish, with many projecting significant long-term upside.

Flights to New York: Four Airlines Return to the Route, But Prices Remain High
Delta, United, and Israir are set to resume flights to New York, significantly increasing seat availability. Despite the improved supply, ticket prices remain volatile, starting from $1,400.

Interest Rate Cuts 'Stuck' on the Way, Failing to Fully Reach Mortgage Borrowers
While the Bank of Israel interest rate is falling, mortgage rates are not adjusting accordingly. Banks are increasing interest margins, offsetting a significant portion of the economic rate cuts.

Investment Manager Recommends Stocks 'Like Buying a Bunker'
Eitan Etzioni, founder of the Etzioni investment house, shares his value investing philosophy. He focuses on stable companies with low P/E ratios, avoiding macroeconomic predictions.

3,393rd place in the Harish lottery: sometimes the free market beats discounted apartments
An 'Apartment at a Discount' project in Harish, featuring 115 units, reached a winner who placed 3,393rd in the lottery. Amidst housing market stagnation, are better deals available on the free market?

CEO of Israeli Startup That Stunned the Quantum Industry: "We Didn't Believe We Would Succeed"
Dr. Asaf Sinay, CEO of the Israeli startup Qedma, discusses a breakthrough experiment conducted with IBM. The study documented "quantum advantage" for the first time by solving a complex physical problem.

OPEC Increases Quotas Again: Striving for Profitability Amid War
OPEC has announced an increase in oil production quotas starting in September, though most member states currently struggle to meet existing targets. Oil prices have declined due to expectations of easing tensions with Iran and the potential reopening of the Strait of Hormuz. Meanwhile, the USA has set an all-time record for oil exports, while China is mitigating the global supply decline by...

Night Closures on Ayalon and the Coastal Road: How to Prepare
Traffic disruptions are expected this week at night due to the closure of segments on the Coastal Road and Ayalon Highway. The work includes the installation of signage in preparation for the expansion of the Fast Lanes project.