Israel Financial News

Iran's Revolutionary Guards said on Saturday that Palestinian militant group Hamas' leader Ismail Haniyeh was slain in Tehran by a short-range projectile with a warhead of about 7 kg, and vowed severe revenge. Wednesday's assassination has drawn fears of direct conflict between Tehran and its arch-enemy Israel in a region shaken by Israel's war in Gaza and a worsening conflict in Lebanon.

Paris Olympics. She was given first aid and then carried off on a stretcher.Potocka, 21, was seen wearing an oxygen mask as she was taken away for medical attention.

An estimated 1m Palestinians have fled Rafah since the start of Israel’s offensive there on May 6th. For those who remain, the fighting has had grisly consequences. At least 45 people, including a number of children, died on May 26th after an Israeli air strike set fire to a tent camp; survivors had to pull charred bodies from the wreckage.

Amidst a tumultuous market, Bitcoin (BTC) has shown both resilience and volatility, recently failing to breach the coveted $70,000 mark.

The BNB price has climbed to become the fourth largest crypto coin in the world, overtaking Solana (SOL) amid a market slump that has hit the SOL harder than BNB.

As blue-chip cryptocurrency markets remain subdued despite growing tailwinds from traditional asset markets, traders hunting for top crypto performers today are turning to smaller and lesser-known altcoins that might be able to deliver strong gains.

Bank of England cut interest rates from a 16-year high. Concerns about a widening conflict in the Middle East intensified this week after Hamas leader Ismail Haniyeh was assassinated in the Iranian capital Tehran on Wednesday morning, an attack that drew threats of revenge on Israel.

Read this | Modi vibes well with Trump. But India may not be ready for a second Trump term With the death of Haniyeh, a crucial negotiator for a ceasefire, any de-escalation seems unlikely. Geopolitical analysts warn that the situation could escalate into a global conflict if allies on both sides become involved.

Bitcoin (BTC) has recently faced downward pressure, slipping below the $64,000 mark and reaching an intra-day low of $63,580. Market volatility is driven by escalating tensions between Iran and Israel and a dovish Federal Reserve outlook that has kept interest rates unchanged while hinting at potential cuts in September.

Iran held funeral processions on Thursday with calls for revenge after the killing in Tehran of Hamas political chief Ismail Haniyeh in a strike blamed on Israel.

Indian Embassy in Lebanon has advised Indians to avoid all non-essential travel to Lebanon. They have been advised to exercise caution, restrict movements and remain in contact with Indian Embassy in Beirut.

Hamas leader Ismail Haniyeh was assassinated in the Iranian capital Tehran early on Wednesday morning, an attack that drew threats of revenge on Israel and fuelled further concern that the conflict in Gaza was turning into a wider Middle East war.

Gaza Strip, Israel has fought a parallel, slower-paced conflict with Hamas' allies across the Middle East in which all sides have risked major escalation but ultimately avoided dragging the region into a bigger, multi-front war.

Hamas political chief Ismail Haniyeh in Tehran and Hezbollah commander Fuad Shukr in Beirut within hours of each other on Tuesday-Wednesday, Israel has successfully conducted what it had purportedly set out to do: take out what lay at the core of the Hamas October 7, 2023, attacks on Israel that led to more than 1,000 deaths and over 250 people taken hostage by the Palestinian terrorist group. In the process, Tel Aviv has pushed the region further to wider conflict. Predictably, Iran has vowed vengeance. It is now the job of Israel's allies, especially the US, to ensure that Tel Aviv doesn't go for an over-overkill. Further escalation must be nipped in the bud.

Global stocks have advanced and oil prices jumped more than $2 a barrel after Hamas’s top political leader Ismail Haniyeh died in an air strike

Hamas on Wednesday announced that its leader Ismail Haniyeh was assassinated in Tehran, with Itan's paramilitary Revolutionary Guard also putting out a statement attesting to the same. Iranian state TV reported on Haniyeh's death in the early hours of the day.

Oil futures clawed back some losses on Wednesday, recovering from 7-week lows as geopolitical tensions rose after Israel retaliated against an attack by Hezbollah, although prices remained under pressure from concerns about demand in China. Brent crude futures climbed 39 cents, or 0.5%, to $79.02 a barrel by 0020 GMT ahead of expiry on Wednesday, while the more active October contract was at $78.54, up 47 cents.

Israeli military spokesperson Daniel Hagari said the target of the strike, Fouad Shukur, was behind the Saturday rocket attack on the town of Majdal Shams that killed 12 young people in the Israeli-occupied Golan Heights of Syria.Hezbollah, which denied it was behind the Majdal Shams attack, didn't confirm that Shukur was the target of Tuesday's airstrike or that he was killed. If Israel's claim proves true, Shukur would be the most senior Hezbollah commander to be killed since 2016, when Mustafa Badreddine, the group's military commander in Syria, died in an explosion in the Syrian capital of Damascus.The Israeli military said that Shukur had directed Hezbollah's attacks on Israel since October 8, after the Israel-Hamas war erupted, and that he was also involved in “the killing of numerous Israelis and foreign nationals over the years." It said Shukur was responsible for the majority of Hezbollah's most advanced weaponry, including guided missiles, cruise missiles, anti-ship missiles, long-range rockets and UAVs.The 62-year-old, secretive Shukur was in charge of Hezbollah's forces in southern Lebanon along the border with Israel as well as being a top official in the group's missile program.He had been a close aide to Hezbollah's top military chief, Imad Mughniyeh, who was assassinated in 2008 by a car bomb in Damascus.

Oil steadied on Tuesday near its lowest levels since early June as worries about demand in China were balanced by a government pledge of policy measures for the economy and the prospect of lower U.S. crude and product inventories. A raft of disappointing economic news from China, the world's largest crude importer, has been weighing on commodity prices. China's manufacturing activity likely shrank for a third month in July, a Reuters poll showed on Monday.

Dori Media Group (DMG), the global studio behind global hits like Losing Alice, Lalola, The New Black, In Treatment, and Power Couple, has opened its first sales office in India, joining its existing global branches in Israel, Spain, Switzerland, and Argentina. “We’re thrilled to have someone with Devdatta’s tremendous industry experience joining our team at Dori Media and helping us further expand our global sales reach,” said Nadav Palti, CEO & President of Dori Media Group. “We’ve been successfully selling content in India for years now, and the dynamic growth that we’ve seen in that marketplace recently made it a no-brainer for us to open an office in Mumbai.”

McDonald’s posted weak sales in the second quarter as increasingly value-conscious consumers paid fewer visits to restaurants