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Bottle of Cologne Stands in Way of Frenkel as Bank Governor

An alleged shoplifting incident in Hong Kong in 2006 has become a major issue over whether Yaakov Frenkel will return to his former post...

Lapid Changes His Stripes and Tells Middle Class to be Patient

It’s amazing how an election victory can change the stripes of a tiger, namely Yair Lapid. The sensation of Israeli politics who campaigned on...

Bennett Says China to Study Free Trade Proposal

Minister of the Economy Naftali Bennett announced during his visit to China that Beijing officials have agreed to carry out a survey to determine...

Delaware Top Destination for Israeli Firms Incorporating in US

Governor Jack Markell, the only sitting Jewish Governor in the United States, and a delegation of Delaware entrepreneurs and business leaders are visiting Israel...

Bank of Israel Orders 50 Percent Cut in Bank Fees

The Bank of Israel ordered on Monday a 50 percent cut in fees Israel’s banks charge customers’ checking accounts. The banks make money, piles of...

Israeli-Founded Traffic Safety ‘Mobileye’ Firm Raises $400 Million

The Israeli-founded Mobileye firm, which develops camera-based program for the auto industry to assist drivers, has raised $400 million through five investors, including Enterprise...

MK Feiglin: IDF Radio an Anti-Democratic Idea (Video)

"We've become an army that has a state, rather than a state that has an army, which is not a good thing!"

Fischer: I Don’t Know Everything but Israel Must Do More for Peace

Outgoing Governor of the Bank of Israel Stanley Fischer admitted that he does not understand everything in Israel but after only eight years in...

Court Orders Tel Aviv to Enforce Law Banning Business on Shabbat

The Supreme Court has ordered Tel Aviv to enforce the law that prohibits stores from operating on the Sabbath. It overruled a February ruling...

Chinese Crew Begins Blockbuster Filming in Old City (Video)

Watch a Chinese film crew capturing the magic of Jerusalem's Old City as a backdrop for a full-length romantic comedy. It’s also going to give Israel a big boost in tourism.

Prof. Yaakov Frankel to Return as Head of Bank of Israel

The money markets can relax. There is economic growth after Stanley Fischer, who has decided that Israel is not his home. Prof. Yaakov Frenkel, who once headed the Bank of Israel, is returning.

Teva to Sell Generic Viagra in UK, and Move Patent Filing to Switzerland

Teva, the world leader in generic medication will be soon be launching a generic version of Pfizer's Viagra in the UK and Europe. Pfizer's Viagra...

EMC in Talks to Buy Israeli ScaleIO for Quarter Billion Dollars

EMC, or its subsidiary VMWare are in talks to acquire the Israeli company ScaleIO for between $200 and $250 million, according to a report...

Netanyahu Wants Harvard Prof. Helpman as New Head of Bank

Prime Minister Binyamin Netanyahu is trying to recruit Harvard Prof. Elkhanan Helpman, who previously moved to Israel form the Soviet Union, to replace Stanley...

Netanyahu Limits Gas Exports to 40 Percent

Offshore gas fields should be allowed to export no more than 40 percent of the natural gas they produce, Prime Minister Binyamin Netanyahu announced...

Israel Will Be ‘First Totally Digital Country,’ Says Cisco CEO

Cisco’s CEO touts Arab-Jewish teamwork, meet with Peres, announces an innovation venture with   Bezeq communications system, and predicts Israel will be the world’s first...

Israeli Food Exports to US Reaches a Record $224 Million in 2012

Exports of Israeli Foods and Beverages to the United States reached a record $224 million in 2012, reported Kosher Today, which attributed the statistics...

SodaStream Israel and KitchenAid Join Forces for New Machine

SodaStream, the Israel-based company that makes machines to convert tap water into fizz, has signed a deal with KitchenAid to join forces for a...

Fischer ‘Cagey’ on Succeeding Bernanke as Head of Fed

Outgoing Bank of Israel Governor Stanley Fischer dodged questions from the Financial Times on whether he wants to succeed Ben Bernanke as director of...

Economist: Fischer Left Scorched Earth, Deep Recession Coming

Fischer's strong shekel is destroying Israel's two main industries—manufacturing and agricultural exports and tourism—which are struggling to compete over global markets.

Bank Governor: Israel’s Biggest Problem – Too Many Haredim

It was difficult to tell whether Fischer considers Haredi poverty the central problem, or just Haredi majority.

Teva Stops Distributing Drugs from Suspect Factory in France

Several people died or have been hospitalized in serious condition after taking a drug that was released inadvertently in the packing of medicine treating pulmonary edema.

IRS and Mas Hachnasa to Increase Cooperation

According to the Mas Hachnasa (Israel Tax Authority) website, senior members of the IRS, met yesterday in Jerusalem with the Tax Authority director, Moshe...

Knesset Bill to Cut MKs Salaries Passes First Reading

The Knesset Monday approved on the first reading a bill that would cut salaries of Knesset Members and the President of Israel by 10...

Open Skies Ahead for Israel

Minister of Transportation Yisrael Katz signed an Open Skies agreement with the EU on Monday in Luxembourg. The agreement which is to be gradually...

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