Israel Financial News
01.11 / 17:01
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Donald Trump says Liz Cheney might not be such a 'war hawk' if she had rifles shooting at her
Donald Trump is suggesting that former Rep. Liz Cheney, one of his most prominent Republican critics, should have rifles «shooting at her» to see how she feels about sending troops to fight. Cheney responded by branding the GOP presidential nominee a «cruel, unstable man who wants to be a tyrant.» The Republican presidential candidate has been using increasingly threatening rhetoric against his adversaries and talked of "enemies from within" undermining the country. Some of his former senior aides and Vice President Kamala Harris have labeled him a fascist in response. Trump has also long blamed Cheney and her father, former Republican Vice President Dick Cheney, for promoting U.S. military interventions abroad — including the war in Iraq — and argued that he started no foreign wars during his presidency.
01.11 / 16:13
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Exxon Mobil profit tops Street in 3rd quarter, helped by Pioneer Natural acquisition
Exxon Mobil’s third-quarter profit beat analysts’ expectations, as the oil and gas giant was helped by contributions from Pioneer Natural Resources, a recent acquisition
01.11 / 12:01
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UPS
Reuters
security
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US asked Lebanon to declare unilateral ceasefire with Israel, sources say
They said the effort was communicated by U.S. envoy Amos Hochstein to Lebanese caretaker Prime Minister Najib Mikati this week, as the U.S. stepped up diplomatic efforts for a ceasefire between Israel and Iran-backed militant group Hezbollah. Mikati's office in a statement to Reuters denied the U.S. had asked Lebanon to declare a unilateral ceasefire. It said the government's stance was clear on seeking a ceasefire from both sides, and the implementation of U.N. Security Council Resolution 1701, which ended the last round of conflict between the two foes in 2006.
01.11 / 03:39
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peace
US Defence Secy Lloyd Austin discusses "regional de-escalation" with Israeli counterpart Yoav Gallant
Lloyd Austin recently spoke with Israeli Minister of Defense Yoav Gallant to explore opportunities for de-escalation amidst rising Middle East tensions. Their conversation highlighted the US' support for Israel's security, particularly in the face of threats from Iran and Iranian proxies. Sharing a post on X, Austin wrote, «I spoke with Israeli Minister of Defense Yoav Gallant today to discuss opportunities for regional de-escalation. I reaffirmed that the United States remains fully prepared to defend US personnel, Israel, and partners across the region against threats from Iran and Iran-backed proxies.»
01.11 / 02:37
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Trump sues CBS over Kamala Harris '60 Minutes' interview; seeks $10 bn in damages
Donald Trump sued CBS on Thursday over an interview of his Democratic rival Kamala Harris aired on its «60 Minutes» news program in early October that the lawsuit alleged was misleading, according to a court filing. The complaint, filed in federal court in the Northern District of Texas, alleges the network aired two different responses from Harris responding to a question about the war between Israel and Hamas in Gaza. The version that aired during the «60 Minutes» program on Oct. 6 did not include what the lawsuit calls a «word salad» response from Harris about the Biden administration's influence on Israel's conduct of the war.
31.10 / 17:21
Trade
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International
Paris court lifts ban on Israeli firms exhibiting their weapons at Euronaval trade show
A Paris commercial court has lifted a ban that had prevented Israeli defense companies from exhibiting weapons used by its military in the Mideast conflicts in Gaza and Lebanon at the upcoming Euronaval trade show
31.10 / 17:03
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COST
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War
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Israeli cabinet set to approve austerity budget amid wars
Israeli cabinet ministers were to start voting later on Thursday on a long-awaited wartime budget for 2025 that will rein in spending and raise a host of taxes to pay for the military conflicts that have engulfed the country. The wars in Gaza and Lebanon have cost Israeli coffers tens of billions of shekels on spending for defence — equipment and in manpower after hundreds of thousands of citizens were called into reserve duty — and in compensation for those impacted. «Our security also depends on the economy. We cannot have a strong military if we have no way of financing it,» Prime Minister Benjamin Netanyahu said at the outset of the cabinet meeting before the budget vote, which could run into the night.
31.10 / 14:57
Target
BLOCK
European Commission
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information
Department
medicines
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EU Commission fines Teva $500 million for trying to stop rival's multiple sclerosis drug
The European Commission has fined Israeli generic drugmaker Teva more than 460 million euros ($500 million) for improperly seeking to protect the patent for its multiple sclerosis drug and for disparaging a rival company’s development of a competing me...
31.10 / 05:13
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Bitcoin
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US elections
Bitcoin prices surge past $71,000 amid speculation around US election
US elections, Bitcoin prices have climbed over the $71,000 mark for the first time since June. The digital currency increased by more than 2%, reaching $71,310 while other cryptocurrencies, such as Ether and Dogecoin, also saw gains of about 4%. Bitcoin is often linked to Donald Trump’s campaign because he has been vocal about supporting digital assets and even vowed to make the US the crypto capital of the planet while Kamala Harris has called for a regulatory framework for digital assets.
30.10 / 22:17
30.10 / 17:25
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Digital
Fighting
security
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PAM
New Hezbollah leader says will accept ceasefire with Israel if terms 'suitable'
Hezbollah's new leader Naim Qassem on Wednesday said the group would agree to a ceasefire with Israel under acceptable terms, but added that a viable deal has yet to be presented. Qassem, who was named Hezbollah secretary-general on Tuesday, did not explicitly link a Lebanon ceasefire to an end to fighting in Gaza, a position previously held by the Iran-backed group. «If the Israelis decide that they want to stop the aggression, we say we accept, but under the conditions that we see as appropriate and suitable,» Qassem said in a pre-recorded speech, his first since he was named the group's new leader.
30.10 / 11:25
markets
Citi
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Experts
PAM
International
Adani is eyeing a tiny Himalayan kingdom to power his international blueprint
Gautam Adani is exploring investment opportunities in Bhutan's Gelephu Mindfulness City, a new urban project aimed at transforming the southern region of the Himalayan kingdom into a thriving economic hub. Gelephu Governor Lotay Tshering told Bloomberg, Bhutan is engaging with the Adani Group, led by Asia's second-richest individual, to develop solar and hydroelectric plants within this ambitious 1,000-square-kilometer township near the Indian border. Bhutan’s investment initiative underscores its long-standing alliance with India, which views Bhutan’s growth as strategic for countering China’s influence in the region. This partnership offers Adani Group a chance to bolster its green energy portfolio, aligning with its existing international projects across Israel, Kenya, Sri Lanka, Bangladesh, and Vietnam. Governor Tshering, who served as Bhutan’s Prime Minister until 2023, revealed that hundreds of sites have been identified for renewable energy projects in the Gelephu area. With an estimated capacity addition of 20 gigawatts, the project aims to establish a sustainable energy network. This includes planned contracts for constructing roads, bridges, and facilities that could attract investors from across Asia.
30.10 / 10:57
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Podcasts
Your next family member might be a robot!
robot do your household chores, that is. Soon, we will be welcoming an era where robots will become an integral part of our families. Picture this: A robotic chef is helping you with all your culinary adventures. Or a robotic pup that doesn’t shed or need to be taken out for walks. Or a security robot that checks all rooms and sends alerts. The rapid advancement in artificial intelligence, machine learning and robotics have made these tasks achievable. Companies are working on home bots that will soon be companions rather than mere machines.
30.10 / 10:15
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Experts
War
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reports
U.S. said to be working on 60-day truce to end war in Lebanon
The sources — a person briefed on the talks and a senior diplomat working on Lebanon — said the two-month period would be used to finalise full implementation of United Nations Security Council Resolution 1701, adopted in 2006 to keep southern Lebanon free of arms that do not belong to the Lebanese state. The U.S. Embassy in Lebanon did not immediately respond to a request for comment.
30.10 / 08:19
markets
UPS
Digital
War
PAM
Israel short on soldiers after year of war
Gaza war, the Israeli army's reservists are exhausted and it is struggling to recruit soldiers just as it opens a new front in Lebanon. Some 300,000 reservists have been called up since the Hamas attack of October 7, 2023, according to the army, 18 percent of them men over 40 who should have been exempted. Military service is mandatory from the age of 18 for Israeli men and women, though several exemptions apply.
30.10 / 07:21
Booking
Election
country
CNN bans conservative writer after 'beeper' comment to Muslim commentator
A prime-time CNN discussion that went off the rails led to a conservative writer being thrown off the air and banned from the network
30.10 / 03:59
Target
Trade
War
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International
How the Houthis went from ragtag rebels to global threat
Subscribe to enjoy similar stories. Iran’s “axis of resistance" has suffered a series of blows delivered by Israel over the past month, including operations targeting the leadership of Hamas in Gaza and Hezbollah, and a strike last week on Iran’s missile-making facilities used, in part, to supply the groups. That hasn’t stopped Yemen’s Houthis from targeting more ships this week in the Red Sea with drones and missiles, the latest demonstration of how an escalating regional war appears to be boosting a once minor Iran-backed player in the region.
29.10 / 22:31
29.10 / 17:55
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Israel's overkill takes an anti-human level
Israel's latest action shows the heights it can take its saga of 'victimhood facilitating overkill'. Knesset passed two bills on Monday that bar UN's dedicated humanitarian agency for Palestinians, United Nations Relief and Works Agency for Palestine Refugees in the Near East (UNRWA), to operate in Israel. This effectively guts UN's capacity to provide humanitarian aid.
29.10 / 11:59
COST
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War
Department
Pentagon runs low on air-defence missiles as demand surges
Subscribe to enjoy similar stories. WASHINGTON—The U.S. is running low on some types of air-defense missiles, raising questions about the Pentagon’s readiness to respond to the continuing wars in the Middle East and Europe and a potential conflict in the Pacific.
29.10 / 08:59
markets
Target
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Experts
War
PAM
Israeli strike in northern Gaza kills 34, officials say, as Hezbollah announces new leader
Israeli strike on a five-story building where displaced Palestinians were sheltering in the northern Gaza Strip killed at least 34 people early Tuesday, more than half of them women and children, Gaza's Health Ministry said. In a separate development, Lebanon's militant group Hezbollah said it has chosen Sheikh Naim Kassem as its new top leader following the killing of Hassan Nasrallah in an Israeli airstrike last month. The group said in a statement that Hezbollah's decision-making Shura Council elected Kassem, who had been Nasrallah's deputy leader for over three decades, as the new secretary-general. Hezbollah vowed to continue with Nasrallah's policies «until victory is achieved.»
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