Israel Financial News

Intel Corp will walk away from its $5.4 billion deal to acquire Israeli contract chipmaker Tower Semiconductor Ltd once the companies' contract expires later on Tuesday, according to people familiar with the matter. Intel, which signed the deal to buy Tower in February 2022, did not secure approval from Chinese regulators for the acquisition as required under its contract with the Israeli firm, the sources said.

Keeping other aspects of the economy aside, let us have a glance at how the Indian rupee from being a relatively weak currency started its journey toward internationalisation. The value of a country's currency and its usage for global trade are among the key indicators for gauging its economic stride. Banks from 22 countries have opened special Rupee vostro accounts in Indian banks in order to trade in local currency as part of gradual de-dollarisation plans, the Parliament was informed during the just concluded monsoon session of Parliament.

For movie geeks with a penchant for alien-themed films, this curiosity finds a thrilling outlet. Alien movies offer a unique blend of speculative fiction, suspense, and wonder, allowing us to explore the «what if» scenarios in a controlled, cinematic environment. Through the lens of talented filmmakers, we're taken on journeys that explore the complexities of human-alien interactions, the awe-inspiring possibilities of advanced civilizations, and the chilling suspense of potential threats from the cosmos. Netflix, a treasure trove of cinematic experiences, houses an array of alien-themed movies that cater to this very fascination. From heartwarming tales of interstellar friendships to spine-tingling encounters with unknown entities, these films provide an avenue for our curiosity to be indulged. As we press play on these extraterrestrial adventures, we find ourselves drawn into narratives that echo our longing to connect with the cosmos.

By Dan Williams

News18. To which, Zuckerberg responded by saying, “Send me location".

Yandex, Arkady Volozh, on Thursday condemned what he described as Russia's «barbaric» invasion of Ukraine, days after criticism in Russia over his apparent efforts to distance himself from the country. Volozh described himself as a «Kazakhstan-born, Israeli tech entrepreneur» on a personal website, drawing some criticism in Russian media and on the Telegram messaging platform for apparently playing down his links to Russia. He has also been criticised by those opposed to Russia's actions for not speaking out more forcefully against the war.

Aleph, Pillar VC, Fabric Ventures, Mensch Capital Partners and angel investors joined the round for the startup, founded by Israel Defence Forces veterans.The company has also launched SphereX Protect, a security solution for smart contracts. SphereX claims that billions of dollars have been lost via exploited smart contracts, many of which had been previously audited and monitored by third party security firms.

swimmers in Gaza — as a qualified swimming coach who runs his own school. Parents bringing their children to swimming classes for the first time are surprised to see Tattar standing on two crutches, but their doubts soon turn into confidence when they see his skills in the water. Tattar, now aged 42, lost his right leg when he was run over by a car. Faced with the problem of finding a job in the Palestinian enclave, where nearly half the working-age population is unemployed, he took to swimming and qualified as a coach. «I told myself I had to turn this ordeal into a blessing, I made the amputation of my leg a motive for me to become an active member of the society,» he said. «I developed my skills and that enabled me to start a swimming school,» Tattar told Reuters as a few dozen of his students trained in the water.

New Delhi: The Circle: Founders Club (FC), a business accelerator backed by Hunch Ventures,has collaborated with the Embassy of Israel in India to launch a program to empower early-stage startups in water tech and foster innovations that solve water-related problems in India. The program “The Water Challenge" marks a critical milestone in India-Israel bilateral relations, fostering cooperation in the crucial domain of water technology.

Nile Delta to floodgates that protect Venice, projects to keep the sea from swallowing the land are multiplying. Some scientists are beginning to consider ideas once dismissed as crackpot, such as damming the Strait of Gibraltar to keep sea levels in check. Much of the Mediterranean region has been in the grip of a fearsome heat wave in recent weeks, raising mortality rates and putting pressure on overstretched healthcare systems, with the elderly especially at risk.

Adani Ports and Special Economic Zone is likely to report a drop in the profit for the quarter ended June, despite a growth in revenue, as the numbers will reflect the integration of the recently acquired Haifa port in Israel. Consolidated net profit is likely to fall 5.5% year-on-year (YoY) to Rs 1,929 crore, according to the average of estimates given by four brokerages. However, the revenue is set to increase by nearly 22% YoY to Rs 6,156 crore on the back of strong growth in volumes.

Damascus early Monday, state media said, citing a military source. «At 2:20 am (2320 GMT Sunday), the Israeli enemy carried out an air attack from the direction of the occupied Syrian Golan, targeting areas in the vicinity of Damascus,» state news agency SANA reported. The attack killed «four soldiers and wounded four others», it said, reporting unspecified material damage and adding that Syrian air defences intercepted some of the missiles.

By Kanishka Singh

JERUSALEM (Reuters) -Israeli security forces shot dead three Palestinian militants in the occupied West Bank on Sunday, Israeli police said, drawing threats of revenge by Palestinian militant factions.

An American billionaire and major donor to a Jerusalem think tank backing the Israeli government’s divisive judicial overhaul says that he will stop giving to the conservative group

The strategic partnership will see Tase offer a range of institutional-grade digital asset products and services for regulated entities.While the digital asset space has faced an uncertain regulatory environment, Tase says it wants to combine cutting-edge technology with the foundations of traditional finance to drive the sector's development.The exchange and Fireblocks have already carried out a project with the Israeli Ministry of Finance, called Project Eden, to issue a government digital bond on a dedicated blockchain platform.

The Palestinian foreign minister has attacked the Biden administration as weak and uninterested in the Mideast conflict

civil servants with incompetent and corrupt lackeys, further sapping the economy of dynamism and innovation. The government’s plans thus amount to a time bomb, because rating agencies could soon see fit to downgrade Israel’s creditworthiness. If tech and other firms move abroad, the government’s revenue base will shrink, making the growing transfer payments to the ultra-orthodox unsustainable.

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________

Israel is set to introduce more regulated cryptocurrency opportunities, with the country’s only public stock exchange preparing to offer new crypto services.

Ministry of Defense Wednesday revealed that the US Government approved the sale by Israel of the country's «David's Sling» anti-missile defence system to Finland. After receiving approval, the Israeli MOD, the Finnish MOD & Rafael Advanced Systems — the Israeli defence contractor that develops the system — will participate in a ceremony to sign a procurement agreement worth approximately 316 million Euros (USD 344 million).