Australian Financial Review Report: Stanley Fischer wrote the book on economics. His textbook, Macroeconomics, educated the past generation of economists. He supervised the PhD thesis of Fed Governor Ben Bernanke at MIT. So you would think Fischer would be a little ashamed of his profession in the wake of the Global Financial Crisis. Has he […]
Tel Aviv, February 10, 2010– Toronto Stock Exchange and the Tel Aviv Stock Exchange (TASE) announced the signing of a Memorandum of Understanding (MoU) to formalise cooperation between the markets. Under the MoU, the exchanges will work to broaden relations between them by developing channels of communication; advancing opportunities for cross listing; supporting the respective […]
Teva Pharmaceutical Industries Ltd. nnounced today that several of its subsidiaries in the United States reached a settlement in principle to resolve claims brought by Ven-A-Care of the Florida Keys, Inc. on behalf of the United States, Texas, Florida, and California under federal and state False Claims Acts. Together with many other pharmaceutical manufacturers, Teva […]
Delek Europe BV (hereinafter “Delek Europe”), a foreign subsidiary (held in concatenation 80% by Delek Petroleum Ltd and 20% by Delek The Israel Fuel Corporation Ltd.), has today submitted a binding offer to BP for the acquisition of its retail fuels and convenience business in France, including approximately 416 BP petrol stations throughout the country […]
As reported in the Invest In Israel Newsletter, NASA and the Israel Space Agency have signed a joint statement that recognizes the Israel Network for Lunar Science and Exploration (INLSE) as an affiliate partner with the NASA Lunar Science Institute. The INLSE will bring technical and engineering expertise to advance the broad goals of lunar […]
As reported in the Invest In Israel Newsletter, Four Israeli start-ups won the 2009 Red Herring Global 100 Awards. The winners are video conferencing solutions developer Qoof Ltd, Panaya Inc, which creates software that reduces the cost and risk of making changes to ERP systems, Internet video and P2P caching solutions developer Oversi Ltd and […]
As reported in the Invest In Israel Newsletter, Israel’s Weizmann Institute of Science was ranked as the second best international academic institution in which to work outside the United States by “The Scientist” magazine. Weizmann was ranked the top scientific institution outside the US twice over the past 5 years and in 2008 was followed […]
As reported in the Invest In Israel Newsletter, International risk rating agency BDI Coface raised Israel’s country risk rating by one grade to A3 from A4. Israel now has the same risk rating as the U.K., Italy and China. The country rating upgrade, which reduces foreign trade credit insurance premiums and raises potential credit levels, […]
Israeli High-Tech Company Capital Raising – Israeli high-tech capital raising in 2009 reached $US1.12 billion. The following are the findings of the Israeli Venture Capital (IVC) Quarterly Survey conducted by the IVC Research Center, which for more than 13 years has been at the forefront of high-tech, venture capital and private equity research in Israel. […]
(Bloomberg) — The shekel is likely to outperform emerging-market currencies in Europe, the Middle East and Africa as the Israeli economy expands and the central bank raises rates, according to Bank of America Corp.-Merrill Lynch. The CHART OF THE DAY shows the shekel has been the best performer since the start of the year versus […]
