Ben & Jerry’s Disavows Israeli Licensee Product, Demands Unilever Revoke Transfer of Trademark

“Any products sold by Blue & White Ice Cream Ltd are uniquely its own and should not be confused with products produced and distributed by Ben & Jerry’s Homemade Inc."

Inflation in Israel Passes 5%

The economy's growth slowed in the third quarter but high inflation is still expected to prompt a significant central bank rate hike next week.

Israeli Venture Firm OurCrowd Expands Abu Dhabi Operations

The agreements strengthen the fast-growing ties between the UAE and Israel, which have advanced significantly since the landmark Abraham Accords were signed in 2020.

New York City Mayor Adams Announces Across-the-Board Cuts

The mayor’s administration said its November Financial Plan is projected to save the city $2.5 billion in the next two fiscal years.

Anti-Israel Activists Protest Israel Real Estate Expo in New Jersey

Still, despite the noise and roadblocking outside, Israeli exhibitors told JewishPress.com that the event was a success.

Israel Allows TotalEnergies and Eni to Search for Gas Offshore After Lebanon Deal

According to Lior Schillat, director-general of Israel's Energy Ministry, the agreement will "allow the development of a gas reservoir that crosses the border between enemy states, an unusual event in the global energy market."

Israeli Owned Oil Tanker Attacked Off Coast of Oman

The Iranian Mehr News agency cited an informed official who stated the attack was carried out using suicide drones.

Israel Signs Deal with ENI, Total Energies on Qana Gas Field

The French energy firm Total Energies holds a 60 percent stake in block nine, which holds the Qana gas field; Italy’s ENI holds 40 percent of the stake.

Tnuva Raises Prices, But Shufersal’s Not Buying

According to a statement issued by Tnuva, the price increases are due to “the sharp increase in the price of raw milk, which has risen since 2019 by approximately NIS 0.49 per liter."

Amazon to Lay Off 10,000 Employees

Last week, Meta (Facebook) announced similar cutbacks, with layoffs planned for more than 13 percent of its staff – more than 11,000 employees.

Adani Gadot Group Agrees on Financing to Purchase the Port of Haifa

The group, led by Mizrahi Tefahot Bank, includes Meitav Investments and the State Bank of India and will provide Adani Gadot Group with a NIS 1.7 billion two-year loan.

Report: Israel Commissioned Long Range Armed Drones for Attack on Iran

To effectively disable the Iranian nuclear weapons manufacturing, Israel would have to attack as many of them as possible simultaneously.

Google, Microsoft Top List of Israel’s Best Employers

Rounding out the top 10 are Intel, Meta, SAP, IBM, Tidhar Group, ISR-Israel Railways, Ezer Mizion and Apple.

S&P Confirms Israel’s Credit Rating at AA-

The company said it anticipates the growth rate in the long term will stabilize at 3.5 percent, and that on an annual level, the budget will be balanced.

Israeli Saliva Pregnancy Test to be Available in Early 2023

The test kit has already received approval from the Israeli Ministry of Health as well as European CE certification for market distribution in the European Union.

Amazon Makes History: First Publicly-Traded Firm to Lose $1 Trillion in Market Value

Alphabet, Amazon, Apple, Meta, Microsoft and Netflix have lost a combined market value of more than $3.3 trillion so far this year.

Israel Receives Largest-Ever Shipment of Tesla Cars

Large-scale deliveries are intended to beat the January increase in the purchase tax on electric vehicles from 10% to 20%.

Meta Lays Off 11,000 Employees, But Keeps Israeli Footprint

Tech sector layoffs totaled more than 52,000 as of November 4. Nearly 9,000 tech startup employees have lost their jobs just since November 1, not including the Meta layoffs.

With Annual Budget Surplus, Israel Registers Fiscal Deficit for October

The Ministry of Finance blamed October's deficit on a delay in the payment of taxes due to the recent Jewish holiday season.

Israel-Lebanon Maritime Border Deal Not Quite a ‘Done Deal’

“It is possible there will be a need for political involvement with the Italian government, which owns a third of ENI.”

Israel, Jordan and UAE Sign Solar to Water Energy-Sharing Agreement

Israel will provide Jordan with desalinated water in exchange for solar electricity produced in Jordan in a plant built by the UAE.

Energean Announces New Gas Discovery Off Israeli Coast

A commercially viable deposit containing an estimated 13 billion cubic meters of natural gas was found at the Zeus-01 drilling site, the company says.

Report: US Approves Israel’s Multi-Billion Dollar Sale of Arrow 3 to Germany

Lapid and Scholz discussed a €2.5 billion purchase of Israeli-made anti-missile defense systems.

TAU Graduates 7th in the World in Launching Startups

Outside the US, Tel Aviv University, Cambridge, and Oxford made the top 10 list.

Elon Musk Announces Twitter’s $8 Monthly Premium ‘Verified’ Service

Most politicians, community leaders and other “influencers” hold verified accounts that will now be subject to the monthly fee.

Layoffs, Store Closures at Shufersal, Yinot Beitan Supermarket Chains

Israel’s largest supermarket chain, Shufersal, and its pharmacy subsidiary, Be, will undergo a major restructuring. The country's second-largest supermarket chain, Yinot Beitan, has already begun a similar process.

Fed Raises Interest Rate by 0.75 Percentage Points, Sixth Increase This Year

The September consumer price index report showed annual inflation rose by 0.4 percent monthly since January 1, although the annual rate dropped slightly to 8.2 percent.

Maersk Shipping Group Warns Global Recession on Horizon

Maersk is one of the world’s largest container shippers, and is seen by many as a barometer of global trade.

Adidas Chose to ‘Obliterate’ $2 Billion in Annual Revenue to Cut Ties with Ye,...

The Bloomberg report follows a Forbes story that Ye’s net worth dropped from $2 billion to $400 million after Adidas ended the “Yeezy” brand partnership over the rapper's anti-Semitic comments.

Palestinian Authority Approves Gaza Offshore Gas Deal

Hamas doesn't want to openly bicker about their share of the gas, as that would take away focus from “igniting” the region.

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