Business and Economy

Bank of Israel Governor Stanley Fischer announced on Monday a surprise cut the prime interest rate as part of his battle to fight the...

Waze and Facebook have reached an impasse in their negotiations, but not over whether Facebook will buy Waze for 700 million dollars, or a...

Waze may be Facebook’s third purchase in Israel, not for the Waze maps but for the traffic it can generate through Facebook, at Google’s expense. But the buyout is far from certain.

Prime Minister Binyamin Netanyahu and his wife Sara visited the Great Wall of China on Thursday, allowing him to make the obvious comparison with...

Warren Buffett’s Berkshire Hathaway is paying $2.05 billion for the remaining 20 percent of IMC International Metalworking Co, otherwise known as Isracar, completing the...

Canadian fertilizer giant Potash Corp. has given up on its $15 billion offer to buy Israel Chemicals following strong opposition in Israel, where fears...

It was that kind of a parliamentary confrontation, stormy, angry, and deliciously witty.

Bill Clinton’s wealth is more than $55 million. He gets a double dividend as a paid energy lobbyist and being a “friend” of Israel by lobbying against the government’s taxing newly-found gas.

I think this means they're doing fabulously well.

There is no doubt Germanophobia exists, look at Greece, at Italy, even Ireland.

Bank of Israel Governor Stanley Fischer launched a new war on the falling shekel-dollar rate Monday and ordered the purchase of $100 million of...

Claiming the 2-year budget concept a failure, the country will revert to the 1 year budget system.

The use of the gas will commence within 24 hours.

The wise men of Chelm have a nifty solution to pay off Palestinian Authority debts for electricity. Use funds collected for the PA or use US aid? Nope. Just make Israelis pay more for electricity.

A billionaire from Turkey, whose relations with Israel have gone from bad to worse until last week’s attempt by Prime Minister Binyamin Netanyahu to...

Undoubtedly, it would have been easier for the flashy television journalist to strut his right stuff as foreign minister.

An Israeli-made pill may be on its way to make the world slimmer. The “slim pill” to reduce obesity could go on the market as a medicine, with the help of a major pharmaceutical company.

The United States told Israel the sequester axe fell lightly on Israel and that the cut in military aid will amount to $144 million...

“Made in Israel” won’t appear anywhere in the new Chinese Qoros sedan, but blue and white brains are under the hood. Israel Corp, which is also behind an electric car, holds 51 percent of Qoros.

New York Mayor Mike Bloomberg’s worth is now around $27 billion, according to Forbes, placing him as the 13th richest billionaire in the world. At...

Finance Minister Yuval Steinitz expressed concern Sunday that U.S. financial difficulties would affect Israel's economy. "We are very worried about the financial difficulties in the...

The Canadian Potash fertilizer company is determined to buy Israel’s huge Israel Chemicals Ltd. (despite opposition among lawmakers and employees of the Israeli company. Over...

Gulliver has a one-year license for exploring an area between Sodom and Arad.

"Low-cost natural gas is the elixir, the sweetness, the juice, the Viagra."

Israeli stocks and bounds advanced following elections, “as investors bet Benjamin Netanyahu’s coalition would weaken ultra-Orthodox factions as the nation seeks to narrow its budget deficit,” according to a report by Bloomberg business news.

The Kinneret is expected to rise at a rate of 1 inch per day until the end of the season.

Remember how the New York Times lionized the anti-capitalist Occupy Wall Street vigilantes?

Der Spiegel reported that Israel’s government records an estimated €230 million ($298 million) in produce, toys, textiles and cosmetics exported to the EU yearly from Judea and Samaria – approximately 2% of all its exports to Europe, despite a European Court of Justice ruling in 2010 excluding Jewish products from Judea and Samaria from the EU’s international customs cooperation agreements.

The new directive stops banks from giving mortgages with an LTV of more than 70%, with an exception for first-time buyers, who are allowed mortgages of up to 75% of the value of the apartment. Mortgage customers who buy an apartment for investment will be limited to 50% LTV.