Bezeq Israeli Telecommunication Corp., the country’s largest fixed-line telecom provider, fell the most in more than a week after competitor Israel Broadband Co. signed up a customer to use its nascent fiber-optic network.
Teva Pharmaceutical Industries Ltd. Chief Executive Officer Jeremy Levin stepped down after less than 18 months on the job in a dispute with Chairman Phillip Frost over how to restructure the world’s biggest generic-drug maker.
Israel’s benchmark stock index fell for the first time in six days amid concern talks aimed at averting a U.S. default will fail, threatening growth in the Middle East nation's biggest trading partner.
Israel won the approval of the world’s arbiter for global stock markets three years ago, when MSCI Inc. promoted the country to the ranks of developed nations from emerging. Instead of a blessing, it’s turned into a curse.