Finance

The annual EY JOURNEY conference in Israel focused on artificial intelligence transforming business models, labor markets, and the high-tech sector amid global and local uncertainties.

A new IFR report reveals that 94% of English football clubs operate at a loss, with over a quarter unable to survive a month without owner funding.

Explore how the Israeli 'Savings for Every Child' program works in 2026, comparing bank accounts and provident funds to maximize long-term financial returns.

Seldan Real Estate has filed a public prospectus for its debut bond offering on the Tel Aviv Stock Exchange, seeking to raise up to 285 million NIS to fund expansion.

A 78-year-old Israeli woman working two jobs to pay off debts incurred by helping her addicted son had her liabilities slashed from 415,000 shekels to 72,000 shekels by a community enforcement registrar.

Israeli overseas real estate investments face severe distress as rising interest rates and financing costs trigger insolvencies, hitting firms like SDB and Electra Real Estate.

OpenAI's annual revenue is roughly 20 billion dollars lower than previously reported, reaching close to 50 billion dollars in September. The discrepancy stems from different calculation methods compared to rival Anthropic.

Israel's $1 billion deal to purchase 12 Apache helicopters collapsed due to a Ministry of Finance budget veto and fiscal numerator rules, despite critical defense needs.

Israeli banks are preparing for potential UK and international sanctions regarding settlement activities, warning that global financial institutions might tighten compliance checks even before formal legislation is enacted.

Aylon Insurance faces a disappointing second month in the provident fund sector with low September returns, despite aggressive marketing and massive capital inflows driven by insurance agents.

Elron Ventures' controlling shareholder, Arieli Group, has reduced its debt to Phoenix Investment House and extended its repayment deadline to October 2026, easing fears of a forced share sale.

Israel Discount Bank announced plans to merge its subsidiary Mercantile Bank to boost operational efficiency, enhance technology investments, and streamline corporate structure.

Foresight Autonomous Holdings announced plans to delist from the Tel Aviv Stock Exchange, with trading ending on January 1, 2027, as the firm's valuation plummeted 99% to 17 million shekels.

Meta has saved billions using a 1980s tax law for AI data centers, but faces major IRS risks and a historic $16 billion tax dispute.

American insurance broker Aon successfully raised $13.5 billion in a major seven-tranche bond offering, attracting $65 billion in orders for a strategic M&A deal.

Phoenix Brokers is expanding its AI investments by launching a dedicated innovation arm and acquiring the AdvisorOS platform, appointing founder Adi Lev as Head of AI.

Real estate firm Yellowstone, founded by Yakir Gabay, is raising $400 million in a pre-IPO private equity round to finance US acquisitions and Manhattan conversions.

The ETGA group announced the appointment of Yinon Maroz as CEO of its non-banking finance arm, Tuam Mimun, following strong financial growth in the first half of 2026.

Non-bank mortgage lenders in Israel continue offering extravagant perks like luxury trips to advisors, sparking ethical concerns and regulatory scrutiny over potential conflicts of interest.

Migdal Insurance has dropped below a 5% stake in «Shufersal» after selling shares worth 125 million shekels. The move follows weak financial results and a 12% drop in the supermarket chain's stock over the past month.

The Central District Court approved a major class-action lawsuit against four major Israeli banks for failing to pay interest on current accounts, with damages estimated at over 15 billion shekels.

The Istanbul Stock Exchange plunged after fund manager Pusula Portföy failed to meet investor redemptions, triggering a 5.54% drop in the BIST 100 and massive capital outflows.

Delta Israel has announced major price cuts on dozens of clothing items, offering items like t-shirts and bralettes starting at 19.90 shekels alongside strong recent financial results.

Wobi has agreed to acquire a 55% controlling stake in Altshuler Shaham for 1 billion shekels following massive capital outflows, marking a major expansion move.

Bank of America shares dropped sharply after CEO Brian Moynihan warned of a slowdown in third-quarter capital markets activity, triggering a sector-wide sell-off across Wall Street major banks.

Anthropic has launched Claude for Financial Advisors, integrating its AI chatbot directly with major wealth management platforms like BlackRock and Charles Schwab to target enterprise workflows.

Altshuler Shaham Finance founders are advancing a 1 billion NIS deal to sell their controlling stake at a 1.8 billion NIS valuation, with CEO Yair Levinstein joining as a minority partner.

The Reserve Bank of India rejected Tata Sons' request to avoid an IPO, bringing the Indian conglomerate closer to a historic public market listing valued over $120 billion.

Managers of the Norwegian sovereign wealth fund, which manages assets worth $2.3 trillion, are proposing to reduce US government bond holdings by $80 billion. The move aims to diversify the fund's sources of returns.

Bond yields are hitting highs not seen since 2008, but the US currency is not strengthening as expected. The bank's economists reveal new investment recommendations and identify preferred currencies.

The crypto market has been trading in a positive trend over the last 24 hours. Bitcoin maintains its status at the top with a moderate increase, here is what happened to the other currencies.

A Gallup survey found that 6% of Americans were scammed in one year. Psychological research explains why doctors, lawyers, and cybersecurity experts fall for scams just like everyone else, as criminals exploit emotions rather than a lack of knowledge.

The bank completed a massive move in international markets that drew billions in demand, with a rating higher than that of the state and at a lower interest rate compared to government bonds.

The Dutch Central Bank has completed the transfer of 86 tons of gold from the US and Canada to London amid rising geopolitical instability. The move aims to improve asset liquidity and strengthen the country's economic resilience.

The Chief Economist's report reveals unprecedented record data on foreign investment in Israel, which recorded a 78% jump precisely at a time when OECD countries are seeing a completely opposite and particularly worrying trend for the rest of the world.

Discount Bank conducted a calculation showing how a small gap in the fund's earnings leads to a huge difference in the money you will receive upon retirement. Data from the Capital Market Authority confirms: the gaps between management bodies are real.

Ahead of the Tishrei holiday season, Coca-Cola Israel is expanding its product range by introducing new six-packs featuring 1.75-liter and 2-liter bottles.

The world's largest banks, including Goldman Sachs and Citi, are uniting to create a joint digital currency that will threaten the dominance of leading companies in the industry, and the official date has already been revealed.

Points look like money, but their value varies greatly between a flight, a hotel, and an upgrade. The simple calculation: how much money is actually saved versus the number of points surrendered, and what it cost to accumulate them.

Toto's financial reports for the second quarter of 2026 reveal record-breaking figures despite ongoing security challenges. The organization increased contributions to the state treasury, driven by significant growth in digital channels.

The company increased its share of apartment sales in the second quarter, and revenues rose, mainly due to revenue recognition from the Sde Dov project. However, the company recorded a loss of 13 million shekels compared to a profit last year. Eli Avisror: "There are challenges, but we sold 205 apartments."

Heavy negative pressure was recorded among leading digital currencies as Bitcoin trades below a key threshold, but another well-known coin is recording the most prominent weekly crash.

A desperate attempt to support prices or a smart strategy? Crypto companies are adopting a tactic known from the traditional stock market to fight the prolonged slowdown in the sector - but despite the huge investment, it is not certain that the market really cares.

Following the acquisition of the credit company by billionaire Yitzhak Tshuva, Guy Ram has been appointed as the new CTO, bringing 20 years of experience in managing complex technological systems.

A quiet move in the pension funds of the Israeli public is leading to a jump of hundreds of percent in monthly payments. Who are the savers affected immediately, how do insurance companies exploit the law, and how can you protect yourself?

After bringing Barak Finance into its structure, the company is looking for partners and may bring in institutional investors. The board of directors determined that despite the negative cash flow, there are no liquidity problems. The company published its reports for the second quarter, which show that the company sold 32 apartments in the quarter, compared to 10 in the previous quarter.

Positive momentum in the crypto market: Bitcoin rose by 2.26% over the week, while Ethereum and Binance Coin posted gains exceeding 4%.

The company reported strong results for the first half of 2026, with revenue reaching 705.8 million shekels and a positive operating cash flow of 43.7 million shekels.

Japan spent 15.4 trillion yen ($96.4 billion) on foreign exchange interventions between July 30 and August 26. This record monthly expenditure reflects the government's determination to curb the yen's depreciation.

Ending employment is sometimes accompanied by receiving a retirement grant or a large sum of money. Apparently, this is money subject to tax of up to 50%, but under certain conditions you can save tens of thousands of shekels net. This is how the "tax spreading" method works.