Israel Financial News

Where you come from matters in the quest for Silicon Valley investment money, be it the sandstone arcades of the Stanford University campus or the graffitied offices of early Facebook. Venture capitalists are now coveting a new class of founders—those who served in a specialized unit of the Israeli army. Members of Unit 8200, known for its advanced cybersecurity and cyberwarfare capabilities, have founded dozens of cybersecurity companies.

Two missiles suspected to have been fired by Yemen’s Houthi rebels have targeted a ship in the Gulf of Aden

Adani Ports & Special Economic Zone Ltd (APSEZ) Friday said it has agreed to buy an 80% stake in Dubai-based Astro Shipping Company for $185 million (about ₹1,551 crore) as part of its strategy to expand fleet and boost earnings. «Astro's acquisition is part of our plan to become one of the world's largest marine operators,» said Ashwani Gupta, wholetime director and CEO of APSEZ. «Astro will add 26 ships to our current fleet of 142 tugs and dredgers, making a total of 168 ships. This will also give us access to many important customers and strengthen our presence in the Arabian Gulf, Indian subcontinent, and Far East Asia.» The deal valued Astro Shipping at $235 million. The company offers maritime services including ship management, shipping agency, freight forwarding, and chartering.

By not submitting to a press interview in the month since becoming the Democratic choice for president, Kamala Harris set the stakes high for her talk with CNN's Dana Bash

Kamala Harris vowed a tougher approach to migration along the U.S. southern border and said she would not withhold weapons to Israel, in her first interview with a major news organization since becoming the Democratic nominee for president. Harris' interview with CNN anchor Dana Bash reflected an effort to show she is in command of the issues and give Americans a sense of her policy positions with little more than two months until Election Day on Nov. 5. Harris said she would renew a push for comprehensive border legislation that would tighten migration into the United States and vowed to «enforce our laws» against border crossings.

Gold prices were little changed on Friday, but were poised for a monthly gain on prospects of a U.S. interest rate cut in September, while traders awaited key U.S. inflation data for further insights.

Yemen’s Houthi rebels have released footage showing that they boarded and intentionally set explosives aboard a Greek-flagged tanker that was earlier abandoned after they repeatedly attacked it, putting the Red Sea at risk of a major oil spill

European Union must rethink its relations with Israel and impose sanctions on some Israeli government ministers, EU foreign policy chief Josep Borrell said on Thursday. At a meeting of EU foreign ministers in Brussels, Borrell urged the ministers to consider imposing sanctions on certain members of PM Benjamin Netanyahu's cabinet.

interest rate cut in September and a weaker dollar, as traders awaited jobs data and a key inflation print from the world's top economy for signals on the Federal Reserve's policy path.

Israeli military said on Wednesday it had «failed» in its response to a settler attack in the occupied West Bank earlier this month that Palestinian officials said killed one man. The August 15 raid on the northern West Bank village of Jit came amid soaring violence in the Palestinian territory during the Gaza war and growing international concern over an uptick in attacks by Jewish settlers. Major General Avi Bluth, head of the military's Central Command which operates in the West Bank, was quoted in a statement as saying the attack was «a very serious terror incident in which Israelis set out to deliberately harm the residents of the town of Jit, and we failed by not succeeding to arrive earlier to protect them».

Hamas have been waging war since gunmen from the Palestinian militant group in the Gaza Strip stormed into southern Israel on Oct. 7, killing 1,200 people and capturing 253 hostages, by Israeli tallies. Israel responded with a military offensive in Gaza in which more than 40,400 Palestinians have been killed, according to Gaza health authorities. The conflict is the bloodiest in a protracted conflict between Israelis and Palestinians that has rumbled on for seven decades and destabilised the Middle East.

Online reviews and testimonials are a key way that small businesses can attract new customers and boost sales of products

Gold prices were little changed on Wednesday, but held near a record high hit last week on prospects of imminent U.S. rate cuts and safe-haven demand fuelled by the Middle East crisis.

Jimmy has nearly 10 years of experience as a journalist and writer in the blockchain industry. He has worked with well-known publications such as Bitcoin Magazine, CCN, Business2Community, and...

After receiving the backroom blessing of Democratic Party powerbrokers, Kamala Harris quickly closed the presidential polling gap — though without granting a single interview. “Unburdened by what has been,” to quote the new Democratic nominee, many voters enthusiastically support her candidacy simply because she is not Donald Trump. But what she stands for should be of intense interest, not only to American voters, but to America’s allies and rivals around the world. For Canadians, the many parallels between Harris and Justin Trudeau are uncanny.

Asian stocks are mixed after U.S. stocks rallied close to their records on the expectation the Federal Reserve will start cutting interest rates soon to help the economy

Hezbollah, which has been trading fire with Israel since the start of the war in Gaza on Oct. 7 between Israel and Iran-backed Hamas. Hezbollah launched hundreds of rockets and drones against Israel on Sunday in retaliation for the assassination of a commander in Beirut, the Iranian-backed movement said. The Israel military said it had thwarted a much larger attack with pre-emptive strikes.

The ferocious exchange of fire by Hezbollah and the Israeli military is raising fears of a regional war beyond the tense border

Israel launched a series of airstrikes across southern Lebanon in the early hours of August 25, targeting Hezbollah in what it described as a pre-emptive strike. In response, militant group Hezbollah claimed to have launched hundreds of rockets and drones to avenge the killing of one of its top commanders the previous month. This heavy exchange of fire deepened tension that a big conflict could soon begin that could involve the US, Iran and a number of militant groups in the region. By mid-morning, the exchange of attacks appeared to have ended, with both sides stating that they had focused their strikes on military targets. However, the situation remained tense, and the full extent of the casualties and damage was not immediately known. At least three people were reported killed in the strikes on Lebanon.

A Greek-flagged tanker repeatedly attacked by Yemen’s Houthi rebels in the Red Sea remains ablaze but hasn’t sprung a major oil leak in the waterway

Nearly 11 months into the war with Hamas, Israel’s economy is struggling as the country’s leaders grind ahead with an offensive in Gaza that shows no signs of ending and threatens to escalate into a wider conflict