City Tel Aviv Financial News

Investing.com – Israel stocks were higher after the close on Sunday, as gains in the Biomed, Banking and Financials sectors led shares higher.

TEL AVIV—The last email Israeli tech executive Itamar Ben Hemo sent before a bullet ripped through his ribs, diaphragm and intestine was a note to a colleague. Ben Hemo wanted to know how close the startup he founded was to signing on a new client.For weeks, Ben Hemo—an Israeli army reservist who returned to active duty after Hamas’s deadly Oct. 7 attack on southern Israel—had been using breaks in combat to fire up his laptop, messaging investors and working on making his next sales.

By David Shepardson

Lula da Silva's comparison of Israel's military campaign in Gaza to the Holocaust has unleashed a diplomatic firestorm, with Brazil recalling its ambassador Monday and Israel declaring Lula «persona non grata.» The row erupted the day before when Lula said the ongoing conflict in the Gaza Strip «isn't a war, it's a genocide,» and compared it to «when Hitler decided to kill the Jews.»

Israel-Hamas war: Benny Gantz, a minister of Israel's war cabinet has warned Hamas that they must return all the hostages by March 10 or Israeli forces will launch a ground invasion in Rafah. The warning came as the 1.5 million Palestinians in Gaza are seeking refugee in Rafah, a small city close to the Egypt border. The international agencies have raised concerns that any attack on Rafah will lead to a “massacre." The death toll in Israeli strikes on Gaza has crossed 28,000 and the peace proposals moved by Egypt, Qatar, and the United States are not creating much movement on the ground.

Netherlands on Saturday night, said police adding that tear gas was also used to quell the unrest in The Hague as rioters torched police cars and a bus, AP reported. Images from the scene showed vehicles in flames and dozens of men in the street, some throwing rocks. “It got seriously out of hand," The Hague Municipality spokesman Robin Middel said.

JERUSALEM (Reuters) — Prime Minister Benjamin Netanyahu on Saturday dismissed the idea of holding early elections, while thousands of Israelis gathered in Tel Aviv for an anti-government protest.

Palestine issue and an increasing number of nations are now not only endorsing it but considering it as «more urgent» than before, External Affairs Minister S Jaishankar said on Saturday amid concerns over the prevailing situation in Gaza. Jaishankar made the remarks at an interactive session at a security conference in Munich in presence of US Secretary of State Antony Blinken and German Foreign Minister Annalena Baerbock. The external affairs minister described the October 7 attacks on Israeli cities by Hamas as «terrorism» but at the same time, referring to Tel Aviv's response, said Israel has an international obligation to observe the humanitarian law. Jaishankar said it is important that Israel should have been very mindful of civilian casualties.

Gaza Strip deeper into trouble, the Israel Defence Force has captured 20 Hamas terrorists from a hospital in the Gaza Strip city of Khan Younis. With these arrests, Tel Aviv may further emphasize that Hamas has used hospitals for terror attacks. The Hamas fighters were hiding inside a Khan Younis hospital in Gaza. They were arrested by the Jewish troops aided by medical staff waiting on a delivery of oxygen tanks.

JERUSALEM (Reuters) -Billionaire hedge fund manager Bill Ackman and his Israeli-born wife, Neri Oxman, spent $25 million for an equity stake of around 4.9% in the Tel Aviv Stock Exchange (TASE), the Israeli bourse said on Wednesday.

SEC) in the US flagged off 11 exchange-traded funds (ETFs) on spot price of bitcoin earlier this month, many hoped that it may not be long before India joined the party. RBI has been maintaining that cryptos have no intrinsic value. Of course, that view is restricted to its role as a currency, not the blockchain technology that drives its use as an exchange of value. Why does crypto not qualify as currency? Because its nature disqualifies it to be treated as one.

Hedge fund billionaire Bill Ackman and his wife Neri Oxman are buying a nearly 5% stake in the Tel Aviv Stock Exchange, the exchange reported in a press release Wednesday.

Investing.com – Israel stocks were lower after the close on Sunday, as losses in the Biomed, Communication and Real Estate sectors led shares lower.

By Estelle Shirbon

Houthi rebels in Yemen amid growing crisis in oil-rich West Asia, thereby escalating a conflict in response to a string of attacks that have disrupted commercial shipping in the Red Sea. Notably, the spill over from the war between Benjamin Netanyahu's Israel and Hamas fighters in Gaza had been flagged repeatedly by US when Tel Aviv began a relentless airstrike campaign in the densely populated Gaza Strip.

By Steven Scheer

By Arathy Somasekhar

Benjamin Netanyahu had reportedly planned to employ American advocate Alan Dershowitz's skills to defend Tel Aviv in the International Court of Justice (ICJ), against a case alleging genocide brought forth by South Africa. The advocate famous for his notorious clientele, was Netanyahu's choice the ICJ court, next week.

Harvard president Claudine Gay on Tuesday, following bitter criticism of her appearance at a congressional hearing in early December, has fired a debate in the US on campus antisemitism. She goes along with U Penn president Elizabeth Magill who quit last month, and with pressure growing on their MIT counterpart, Sally Kornbluth, to follow suit. Gay and Magill are collateral damage of the Israel-Hamas war.

NEW DELHI : Union defence minister Rajnath Singh, has vowed to take decisive action against those responsible for the assaults on the India-linked shipping vessels, MV Chem Pluto and MV Sai Baba, amid escalating tensions in the Red Sea region. For over a month, attacks by Yemen’s Houthi rebels on vessels using the crucial Red Sea shipping route have heightened uncertainty in the global economy. “The recent drone attacks on the MV Chem Pluto in the Arabian Sea and a few days ago on the MV Sai Baba in the Red Sea have been taken very seriously by the Indian government.

Investing.com – Israel stocks were lower after the close on Sunday, as losses in the Real Estate, Oil & Gas and Insurance sectors led shares lower.