City Tel Aviv Financial News

By Steven Scheer and Ari Rabinovitch

Investing.com — Several airlines have halted or reined in some flights to Israel following the escalation of violence between the country's forces and Palestinian group Hamas.

chipmakers, diamond processors and software-services providers. Saturday’s assault has sparked fresh concern about geopolitical risks among investors just when global financial markets were already grappling with the impact of high-interest rates and the slowdown in China’s economy. Oil surged more than 5% while US equity futures dropped in Asia trading, as the risk of the conflict escalating across the Middle East region remains acute. “The Israel-Hamas conflicts over the weekend may escalate geopolitical tensions in the Middle East region, causing risk-off trades,” Tina Teng, an analyst at CMC Markets wrote in a note. “Markets will be concerned about the rippling effects to the region.” The MSCI Asia Pacific Index treaded water as markets in Japan, South Korea and Taiwan were closed for a holiday, while trading in Hong Kong was halted due to a typhoon. Here are some global themes to watch: Technology Chip stocks from Nvidia Corp.

Israel by air, land and sea.Millions of Israelis in the country’s south awoke to incoming rockets and the inevitable thud of impact. Air raid sirens wailed as far north as Tel Aviv.

MUMBAI : Indian stocks may open lower on Monday, in line with other global stock indices, in response to the Israel-Hamas war that erupted early Saturday, fund managers said. While they expect no immediate cause for panic, they are closely monitoring the evolving situation as any widening of the war could profoundly impact Indian stocks because of a surge in oil prices, and heightened volatility in rupee and bond yields . Israel’s benchmark TA-35 Index, tracking 35 top companies on the Tel Aviv Stock Exchange, which runs from Sunday through Thursday, plunged 6.47% on Sunday.

Hamas militants to Israel wreaked havoc in the country, hundreds of United Airlines passengers booked from San Francisco to Tel Aviv endured a 13-hour “flight to nowhere". Also Read: India is an important country in world, its support comes from understanding of terrorism: Israel The flight UA954 departed from the California city on time. However, the flight had to make an emergency u-turn in mid-air after Hamas attack in Israel.

Israeli army, was killed in Palestinian Hamas group's unprecedented surprise attack in Israel on Saturday. Corporal Nathaniel Young, aged 20, originally from London, was listed as a resident of Tel Aviv and was a member of the army's 13th Battalion. Gaby Shalev, also from London, shared the heartbreaking news on Facebook, expressing the family's grief. She wrote, «Our little brother Nathaniel Young was tragically killed on the Gaza Border yesterday.» This unfortunate event follows the disappearance of 26-year-old Jake Marlow, who attended the same London school as Nathaniel.

Union Minister of State for External Affairs Meenakashi Lekhi on Sunday said the Prime Minister's Office is monitoring the ongoing situation in Israel adding «we are on the job» to bring back stranded Indian students. Israel has been at «war» with Hamas terrorists since Saturday morning. «Indian government is striving to bring back stranded students of India from Israel. Prime Minister and his office are monitoring the situation and huge efforts are underway to get back our students who are stuck in that country,» Lekhi told reporters. «Even in the past, many students including people from Andhra Pradesh were stuck across. So whether it was Operation Ganga or Vande Bharat, we brought everyone back and I am sure the government of India and the Prime Minister's Office is directly in touch with those people and is working and monitoring the situation,» added the union minister Lekhi. Following the rocket attacks on Israel from the Gaza Strip by Hamas, the Indian Embassy in Israel on Saturday issued an advisory for its nationals, requesting them to remain vigilant and observe safety protocols.

Hamas fighters raided settlements close to the Gaza Strip and fired thousands of rockets toward Israel. "Our flights to and from Tel Aviv will remain suspended till 14th October, 2023, for the safety of our passengers and crew," a spokesperson of Air India said. Catch live updates of Israel-Hamas conflict The airline would provide all possible support to passengers who have confirmed bookings for the flights that have now been cancelled, the statement added.

Muraleedharan on Sunday urged the Indians stranded in Israel, which is at war with the Palestinian group Hamas, to stay safe and to contact the Indian embassy there if they require any assistance. Speaking to reporters here, Muraleedharan said the Indian embassy has already issued an advisory to Indians there to stay safe. «Indians in Israel can approach the Indian Embassy anytime. The embassy will extend all sorts of assistance to Indians stranded there,» he said. Also Read: Israel Palestine War LIVE Updates: 'Hundreds of terrorists' killed, dozens captured, says Israeli military Asked about India's stand on the ongoing conflict between Israel and the Hamas outfit, Muraleedharan said the Prime Minister had made it clear and expressed shock over the 'terror attack' on Israel. «We express solidarity with the people of Israel,» the Union Minister said. Hamas launched a wave of rocket attacks on Saturday, killing over 200 people in Israel in the biggest escalation in decades. Israel has responded with a wave of air strikes on Gaza, killing more than 230 people, according to media reports.

Israel by air, land and sea.Millions of Israelis in the country’s south awoke to the searing sound of incoming rockets and the inevitable thud of impact. Air raid sirens wailed as far north as Tel Aviv.

Air India on Sunday announced canceling flights to and from Tel Aviv till October 14, 2023, in wake of the recent unrest in Israel. Israel came under attack by Hamas militants on Saturday and since then, both sides are engaged in fighting in which scores of people have died. «Our flights to and from Tel Aviv will remain suspended till 14th October, 2023, for the safety of our passengers and crew,» an airline spokesperson said in a statement. The airline will extend all possible support to passengers who have confirmed bookings on any flight during this period, the spokesperson added. The full service carrier operates five weekly flights to Tel Aviv from the national capital.

Israel on Saturday made for one of the most violent and deadly days of fighting in the region in decades. Hamas, the militant group that controls the Gaza Strip, launched a series of rocket strikes that hit major cities across Israel, and it sent waves of fighters across the border into southern Israel, where they took over bases and seized hostages. Here's a timeline of what happened Saturday and into Sunday in Israel and Gaza (times are local): 6:35 a.m.: The first sirens warn of incoming rockets in central and southern Israel. This is the start of Hamas' firing what will be thousands of rockets at Israel, striking even major cities like Tel Aviv and Jerusalem. Muhammad Deif, the leader of the military wing of Hamas, said in a recorded message that the group had decided to launch what he called an «operation» so that «the enemy will understand that the time of their rampaging without accountability has ended.»

Gadot and Lior Raz have condemned the attack on Israel by Hamas militants and appealed to the world to show solidarity with the country. A surprise attack by Hamas militants from the Gaza Strip at daybreak killed at least 22 Israelis on Saturday even as Prime Minister Benjamin Netanyahu declared «war» and said his country would extract an «unprecedented price» from its enemy. Gadot, star of Hollywood films such as the «Wonder Woman» franchise and «Heart of Stone», posted a picture of Israel's flag on her official Instagram account Saturday.

Joe Biden assured "rock solid" support for Israel and decried terrorist attacks by Palestinian militant group Hamas, with an announcement on US military aid anticipated soon. 5) India's Representative Office to Palestine on Saturday asked all Indian nationals in Ramallah to directly contact the office in case of emergency or if any assistance is needed while providing a 24-hour emergency helpline.

sneaking into its territory and firing at least 5,000 missiles rockets at it. Prasad, the Indian, said more than 5,000 rockets have been fired on Israel and “we are in deep trouble".

AFP journalist and medics said that at least one person had been killed in Israel. The early morning barrage lasted more than 30 minutes. Its sound could be heard in Haza and sirens wailed as far away as Tel Aviv, according to a report published by The Associated Press.

Israel Saturday morning, according to CNN. Earlier The Times of Israel reported that 5 persons were injuries, including one critically injured after Palestinian attackers in the Gaza Strip launched rocket barrages at southern and central Israel this morning, setting off air raid sirens in the country, Following the attack, red alert warning sirens were activated in Tel Aviv, located around 70 kilometres from the Gaza Strip, as well as, Sde Boker, Arad, and Dimona in the south. Residents living across these areas heard the massive explosions, according to The Times of Israel.

TEL AVIV—Israeli Prime Minister Benjamin Netanyahu’s big bet on sealing a landmark rapprochement with Saudi Arabia is running into a familiar problem: The Palestinians want land for giving their blessing to a deal, but Netanyahu’s coalition partners are adamantly against the idea. Talks have been in flux over economic incentives for the Palestinians to get on board with what would be a historic realignment in the Middle East.

Fireblocks, the crypto company backed by Sequoia Capital and Coatue Management, has acquired BlockFold, a Melbourne-based startup that helps financial institutions build blockchain-based systems, people with knowledge of the matter said.

Another, published last year, found that marigolds and sage plants exposed to the noise of traffic from a busy motorway suffered stunted growth, and produced a range of stress compounds. Other research, much of it done in China, reports that certain frequencies, played in acoustically controlled environments like greenhouses, can affect seed germination and even boost crop yields. And plants can make noises, too, albeit not deliberately.