Globes

The Appeals Committee rejected a building permit application due to objections from residents who were forced to give up a window in their apartment because of an urban renewal project. The judge returned the case to the local committee and ruled that it must examine additional options.

The shipping company reported $1.78 billion in revenue and a net profit of $64 million, marking a significant improvement from the $24 million recorded in the same quarter last year.

World press headlines: The US accuses 17 hackers of a massive cyber operation, the Trump administration maintains restraint in the face of Iranian attacks, and diplomatic attempts to resolve the situation in Gaza encounter gaps on the ground.

The company concludes a positive quarter with double-digit growth in revenue and net profit, supported primarily by increased sales of natural gas and condensate. CEO Idan Wallace stated: "We continue to strengthen and enhance the group's core assets."

Alongside a $32 million loss in the first half of 2026, Israir is banking on its new New York route, state compensation, and a recovery in demand to return to a growth trajectory.

The Azrieli Group concluded the second quarter of 2026 with a net rental income (NOI) of 651 million shekels, up from 648 million shekels last year. The Data Centers sector saw a decline in NOI to 103 million shekels.

Clal concludes the first half of the year with a profit of 1.05 billion shekels, similar to last year. The volume of assets under management rose to a record of 456 billion shekels. The company will distribute a dividend of 200 million shekels.

Dr. Shmuel Harlap, who passed away this morning at the age of 82, stood for decades at the head of Colmobil, the largest automotive group in Israel. Alongside his business activities, he and his wife Anat managed extensive philanthropic work that included donations of hundreds of millions of shekels.

Tel Aviv will look for direction at the opening in light of uncertainty in global markets. Dual-listed chip stocks will weigh on the opening, Elbit will balance. Among those reporting today: Azrieli, Bet Shemesh Engines, and Clal Insurance. Declines in Asia led by chip stocks; New York futures are stable. Bank of America warns investors: 'Everything but bonds'. A trillion dollars in space: Goldman...

Globes presents an update on global markets. This morning, declines in Asia led by chip stocks. Futures in New York are stable, with the Fed minutes to be published this evening. In Tel Aviv, chip stocks will weigh on the opening; a record volume of shorts on the Nasdaq, while company executives are buying at a pace not seen in 15 years.

Bank of Israel Governor Professor Amir Yaron told Bloomberg that rising uncertainty makes a September interest rate cut uncertain. While praising strong growth data, the Governor emphasized the need for caution.

The Supreme Court ruled that the principle of open court proceedings requires broad access to class action lawsuits, and rejected Google's claim of a "fishing expedition" by an attorney who requested to review dozens of previous proceedings against it in preparation for filing additional lawsuits.

The US Secretary of Defense announced his intention to check the levels of the male hormone in every soldier over the age of 30. Why have testosterone supplements become popular now, and could they be dangerous? Longevity science — in our new section.

Psagot, which manages 47,000 independent trading accounts, reveals the preferences of the private traders operating through it. They love the S&P 500 and TA-125 indices, technology stocks, banks, and Bitcoin funds. What other investments do they prefer in Israel and abroad?

US 30-year government bond yields have surged to 5.3%, offering a safe alternative to stocks. Experts analyze why this growth may signal a market storm and how it will impact Israeli borrowers.

Recently published CBS data heralded a certain increase in housing prices and sales after two difficult years in the industry. Real estate stocks on the stock exchange have been taking a hit in recent months, and the sector index has been cut by almost a third from its last peak. Is this an opportunity, or will prices continue to fall?

The server farm provider, operating from Alon Towers, leases facilities and space to cloud giants and has become a market leader. The stock has surged, but Michael Burry claims that accounting calculations make it look too good.

Under pressure from investigators and regulators, billionaire Mark Walter is rushing to unwind the bets he made and save his sports and finance empire.

Mega Or has hired former Noga CEO Sami Turgeman as a consultant, while the Electricity Authority has halted the distribution of licenses for data centers and is re-examining the criteria. At the center of the uncertainty: the company's request for a 1-gigawatt connection at the Alliance complex in Hadera.

New right-wing parties are warming up on the sidelines, but Minister Amichai Chikli claimed that such a scenario had already led to a "catastrophe" in the past. How accurate is the historical precedent that many in the Likud are waving around? The Whistle (HaMashrokit) by Globes.

A change in Mekorot's compensation mechanism is escalating tensions between the Water Authority, Mekorot, and the Government Companies Authority. The Government Companies Authority and Mekorot argue that the change will weaken the company's financial position, while the Water Authority claims it improves cash flow.

The Government Companies Authority publishes data on the fees of external legal advisors. The report reveals that the government bodies with the highest expenses are the Israel Electric Corporation, NTA, and Mekorot, highlighting a high degree of market concentration.

The Council of the Chief Rabbinate has approved the immediate renewal of practical exams for shochets and a temporary certification track for team leaders. The move aims to address a manpower shortage that has driven up koshering costs for imported meat, though consumer price relief is not guaranteed.

The court ruled that despite the formal registration in the husband's brother's name, both brothers were equal partners in the technology company and the patent it developed, and therefore the rights will be included in the division of property between the spouses.

Pasternak Shoham is preparing for an IPO and reveals the salaries of its senior executives. Kérastase opens its first pop-up in Israel with Sydney Sweeney, and Office Depot returns to Eilat. Google, Teva, JDC, and the Clear Sky organization will distribute an innovation award to non-profits in the field of mental health.

The shopping center group Big closed the first half of 2026 with revenue of 1.37 billion shekels, while net profit fell by about 9% compared to last year. Rental fees in Ashdod grew significantly in the second quarter, and the fire in Petah Tikva, according to the company, will not affect the 2029 opening schedule.

In the central bank's blog, economists warned that a significant pullback in tech stocks is a plausible scenario that could threaten financial stability on the continent. Meanwhile, analysts are only raising their forecasts for the US stock market, in light of the strong second-quarter earnings season.

What is the connection between a Lilliputian mushroom, brain syndromes, and the dish served to former US Treasury Secretary Janet Yellen? Is the promising company Karyopharm, which develops cancer treatments, heading toward insolvency? And what will the Israeli company Remepy do with the 36 million dollars it raised? This week in biomed.

World press headlines: The meeting between Jared Kushner and Prime Minister Benjamin Netanyahu in Jerusalem ended with little progress, the war in the Strait of Hormuz has triggered a rise in piracy off the coast of Somalia, and experts are assessing the long-term consequences of high oil prices through 2027.

The Druze riots occurred at the Aran project last May. The heavy economic loss caused to Energix led the parent company, Alony Hetz, to record a loss attributable to shareholders of 178 million shekels. In addition, in the second quarter, Alony Hetz recorded an impairment of 188 million shekels due to a reduction in the value of land for development in England held by Brockton Everlast.

The inter-ministerial team examining eligibility for disabled parking permits recommends shifting the mechanism to rely primarily on National Insurance Institute determinations. Hundreds of thousands of existing permits will be re-examined, with many expected to be revoked. Over the past decade, the number of vehicles associated with disabled permits has surged by 322%.

The Zoglobyk Group has signed a deal to acquire 70% of the Plant & Bean factory in Thailand, which produces meat substitutes and plant-based products; the deal amount was not disclosed. Meanwhile, Eli Zoglobyk will be appointed President of International Operations and will move to Thailand; Zion Balas will replace him as active Chairman.

The trading day is expected to open with declines. The escalation between the USA and Iran is dragging Asian stock markets down, while oil prices continue to climb. Wall Street closed in the red yesterday, with chip stocks being a bright spot. Government bond yields worldwide are climbing to new highs, which is triggering a new wave of concerns. Also: a research firm predicts an upside of over 16%...

Globes presents the first update on the state of markets around the world. This morning: the escalation between the US and Iran is dragging down Asian stock exchanges. The yield on 30-year US government bonds climbed yesterday to a high of nearly two decades. Oil prices continue to climb, with Brent crude trading above $90 a barrel.

Leon Cooperman is considered one of the most pessimistic investors on Wall Street, and he has returned with a new warning. According to him, the US is in danger of a recession, and inflation could return the economy to the crisis of the 70s.

Fisher Brothers, co-owned by American attorney Martin Edelman, a close associate of the US President, will attempt to raise $100 million in a bond issuance, despite recent failures of foreign real estate companies in Tel Aviv.

The cost of living, life expectancy, and pension gaps are driving many Israelis to remain in the labor market beyond age 65. Analysis of Hilan's data reveals significant gender gaps favoring men, strong loyalty to existing employers, and distinct sectoral trends for older workers.

Demand for juniors in high-tech has shrunk, many young people remain outside the labor market, and about a quarter of a million workers have simply "disappeared". The average wage in the economy has indeed risen by 7%, but in practice, it is barely felt in the pocket. Why is this happening, and how much has the war affected the data?

The Ministry of Agriculture has reversed its decision to allow Baladi to import chicken from Brazil just six months after approval. This is a major financial blow to the company and leaves consumers facing persistently high prices, which have risen by 30% over the last five years.

Eyal Shina, VP of Investments at Pasternak-Shaham, identifies unique optimistic prospects in the Israeli market. He recommends maximum exposure to the shekel and flags the defense sector as an attractive opportunity following recent price declines.