Ramat Gan News
-
Delek Drilling-LP and Avner Oil Exploration LLP led declines on Israel’s benchmark index on concern uncertainty on government-imposed export quotas would hinder further development of offshore gas fields.
-
Israel’s central bank needs to follow yesterday’s surprise interest rate cut and dollar purchase plan with more measures to succeed in stemming the shekel’s gains, the currency’s most accurate forecasters say.
-
Israeli government bonds rose, pushing the yield on the debt down to the lowest in more than a week, after Finance Minister Yair Lapid reached an accord with union leaders, smoothing approval of his proposed budget next week.
-
IDB Holding Corp.’s 2020 bonds jumped, pushing the yield down the most in almost five months, after Argentine businessman Eduardo Elsztain agreed to inject $57 million into the debt-strapped company.
-
Israel Chemicals Ltd.’s fourth- quarter profit slumped 43 percent as the company that extracts minerals from the Dead Sea to make potash and fertilizers posted lower-than-expected sales.
-
Elbit Systems Ltd. advanced to the highest in more than a year on bets Israel’s biggest private developer of defense technology may renew Turkish sales after the Jewish state and Ankara agreed to normalize ties.
-
As red-cloaked monks swung a censer to the accompaniment of bells and Hebrew prayers against the backdrop of a crucifix, Madonna shouted “Tel Aviv, are you ready?” and launched into “Girl Gone Wild.”
-
Potash Corp. of Saskatchewan Inc., considering a takeover bid for Israel Chemicals Ltd., is preparing concessions ranging from job guarantees to a local stock-market listing to allay concern that a deal would harm Israel’s national interests, according to a person familiar with the plans.
-
Israel Corp., controlled by Israeli billionaire Idan Ofer, rose to the highest in more than 18 months after its shipping unit reached an agreement to cancel half of a nine-vessel order.
-
Israeli inflation remained below the mid-point of the central bank’s target range for a fourth month in January as growth moderated and the shekel appreciated.
|
|
Most Popular on Bloomberg
|
| |
Rate this Page