Israel Financial News

06.04 / 12:23

security Death President War reports US says truce talks on, after Gaza aid worker death outcry

war that reaches the half-year mark on Sunday. The attempt comes after Israel made a rare admission of wrongdoing during its war against Hamas militants in Gaza. The military said it was firing two officers for the killing of seven aid workers — most of them Westerners — in the territory where humanitarians say famine is imminent.

06.04 / 08:59

markets COST UPS Mobile economy NVIDIA wellness Why the stock market keeps changing its story

As the Magnificent Seven are downgraded to the Fab Four, perhaps the list of leading tech stocks should include an old-school name: Exxon Mobil. The oil company’s shares would come in fourth in the septet this year with a rise of 21%, after Nvidia and Meta and very close to Amazon. Behind Exxon’s surge to a new high on Friday is an important shift in the market, a new narrative that investors would be wise to pay close attention to—in case it changes again.

06.04 / 05:39

UPS Target War country Iran warns US to step aside as it prepares to hit Israel after Syria attack

UNHRC adopts resolution over Gaza war, India among 13 countries to abstain The US is on high alert and is preparing for a “significant" response from Iran against Israeli or American targets in the region. Earlier this week, an Israeli airstrike hit the Iranian consulate in Damascus, killing at least seven Iranians, including two generals. While Israel has repeatedly targeted Iran-linked assets in Syria over the past few months, this was the first time an attack struck an Iranian diplomatic building.

06.04 / 05:39

Target Fighting War country With its latest assassination, Israel is testing Iran

Qassem Suleimani with a drone strike in 2020. Israeli officials did not publicly claim responsibility for the strike (though in private they leave little doubt about their role). But they did argue that whoever bombed the embassy compound had a right to do so.

05.04 / 19:25

Action War country reports prevention rights UN human rights body calls for halt to weapons shipments to Israel as concerns about Gaza war mount

Israel in a resolution passed Friday that aims to help prevent rights violations against Palestinians amid Israel's blistering military campaign in Gaza. The 47-member-country Human Rights Council voted 28-6 in favor of the resolution, with 13 abstentions. The sweeping measure takes aim at an array of Israeli actions such as impeding access to water and limiting shipments of humanitarian aid into Palestinian areas. It also calls on U.N.-backed independent investigators to report on shipments of weapons, munitions and «dual use» items — that have both civilian and military applications — that could be used by Israel against Palestinians.

05.04 / 19:25

markets UPS Trade country Oil holds above $90 on fears of Middle East tensions escalating

Middle East prompt a dramatic repricing of geopolitical risks. Fears of a wider region conflict are rising, with Israel increasing preparations for an attack from Iran in retaliation for its strike on the country's diplomatic compound in Syria. Limiting crude's gains were US jobs data that beat expectations and strengthened the dollar.

05.04 / 17:36

Action Justice country rights International India abstains on UN Human Rights Council resolution calling for immediate ceasefire in Gaza

United Nations, India on Friday abstained in the UN Human Rights Council on a resolution that called for an immediate ceasefire in Gaza and also demanded that Israel immediately lift its illegal blockade on the strip. The draft resolution on the 'Human rights situation in the Occupied Palestinian Territory, including East Jerusalem, and the obligation to ensure accountability and justice' was adopted by the Geneva-based Council with a vote of 28 in favour, 6 against and 13 abstentions. India abstained on the resolution, along with France, Japan, Netherlands, and Romania among others. Those voting against the resolution included Argentina, Bulgaria, Germany and the US.

05.04 / 16:33

markets COST CEO McDonald’s country McDonald's buys its Israeli restaurants from franchisee who sparked costly boycotts

McDonald’s is buying its restaurants in Israel from a longtime franchisee, hoping to reset sales that have slumped due to boycotts in the region

05.04 / 15:07

markets UPS economy country Oil heads for second weekly gain on tighter supply outlook

Oil prices extended gains on Friday and were on course for a second weekly gain, supported by geopolitical tensions in the Middle East, concerns over tightening supply and expectations about demand growth as economies improve. Brent crude was up 26 cents, or 0.3%, to $90.91 a barrel by 1252 GMT. U.S. West Texas Intermediate crude was at $86.65 a barrel, up 6 cents, or 0.1%.

05.04 / 11:07

Target Death shooting show reports International Israel says it was targeting 'Hamas gunman' when it killed Gaza aid workers

Israel said Friday it was targeting a "Hamas gunman" when it killed in Gaza seven aid workers whose deaths caused an international outcry, with its military admitting a series of «grave mistakes» and violations of its own rules of engagement. The victims — an Australian, Britons, a North American, a Palestinian and a Pole — were killed in three air strikes over four minutes by an Israeli drone as they ran for their lives between their three vehicles, the military said. The drone team who killed them made an «operational misjudgement of the situation» after spotting a suspected Hamas gunman shooting from the top of one of the aid trucks they were escorting, an internal Israeli military inquiry found.

05.04 / 10:43

Citi Booking CEO Southern country beautiful Bosses' Perfect 10: From northern lights to daily walks, their sublime experiences revealed

Cappadocia, Turkey, or savouring a superb cup of kadak chai. Top bosses share one experience that scores a perfect 10 for them.

05.04 / 03:27

markets MSCI Trade President track country Asia stocks stumble on risk-off mood; oil prices climb

geopolitical tensions put a dent in risk sentiment, while traders were also cautious ahead of U.S. jobs data due later in the day. The threat of supply disruptions owing to a prolonged conflict in the Middle East kept Brent futures above $90 a barrel — a level not seen since last October. [O/R]

05.04 / 02:41

markets Strategy President War reports Wall Street sells off ahead of jobs report, investors digest Fed comments

Federal Reserve officials took a cautious approach in comments on the outlook for interest rate cuts, and investors braced for Friday's U.S. monthly jobs report. Investors also digested comments from U.S. President Joe Biden, who called for an immediate ceasefire in a call with Israel Prime Minister Benjamin Netanyahu over the Gaza war. Oil prices climbed amid the geopolitical tensions.

05.04 / 02:41

Strategy wellness Coherent President reports Dollar steady ahead of jobs data; yen hits two-week high

dollar held steady against peer currencies on Friday after rebounding from a two-week low, as traders braced for a key jobs report due later in the day and grew cautious over tensions in the Middle East. The yen, while still close to the 152 range, hit a two-week high against the greenback as safe-haven bids and fresh warnings from Japanese authorities buoyed the currency.

05.04 / 02:41

UPS economy country Oil prices bound for second weekly gain on geopolitical tension, supply concerns

Oil prices extended gains on Friday and headed for a second weekly gain, supported by geopolitical tensions in Europe and the Middle East, concerns over tightening supply, and optimism about global fuel demand growth as economies improve. Brent crude climbed 49 cents, or 0.5%, to $91.14 a barrel by 0108 GMT. U.S. West Texas Intermediate crude was at $86.96 a barrel, up 37 cents, or 0.4%.

05.04 / 02:41

Provident Action security President War country Biden threatens change in US policy if Netanyahu fails to protect Gaza civilians

Joe Biden threatened on Thursday to condition support for Israel's offensive in Gaza on it taking concrete steps to protect aid workers and civilians, seeking for the first time to leverage U.S. aid to influence Israeli military behavior. Biden's warning, relayed in a call with Prime Minister Benjamin Netanyahu on Thursday, followed a deadly Israeli attack on World Central Kitchen aid workers that spurred new calls from Biden's fellow Democrats to place conditions on U.S. aid to Israel. Israel said the attack was a mistake.

04.04 / 15:53

Target Fighting War reports shock Investigations Israeli strikes deliberately targeted Gaza homes at night, with families present, reveals report

Gaza. An investigative report published by +972 Magazine and Local Call, citing six Israeli intelligence officials, has made the shocking revelations.

04.04 / 11:59

FIVE Extreme economy country rights Headlines Rising oil prices may affect timing of Bank of Canada rate cuts, economists say

Oil prices reached their highest levels in five months this week, and economists say that could make the Bank of Canada a “little concerned” as it figures out the right time to cut interest rates.

04.04 / 02:47

Reuters security Election President information reports Donald Trump speaks with Saudi Crown Prince Mohammed bin Salman amid US Presidential polls, says report

Donald Trump has had a recent conversation with Saudi Crown Prince Mohammed bin Salman, according to the New York Times, citing information from two individuals briefed on the matter. Reuters reported that the newspaper reported that it was unclear what Trump and the prince, known as MBS, discussed and whether this was their first conversation since Trump, who was president from 2017 to 2021, left office.

04.04 / 02:25

Trade War show country Oil prices rise on concerns of lower supply, signs of U.S. economic growth

Oil prices rose in early Asian trade on Thursday on concerns of lower supply as major producers are keeping output cuts in place and on signs of stronger economic growth in the U.S., the world's biggest oil consumer. Brent futures for June rose 15 cents, or 0.2%, to settle at $89.51 a barrel at 0037 GMT. U.S. West Texas Intermediate (WTI) futures for May rose 15 cents, or 0.2%, to $85.59 a barrel.

03.04 / 03:19

markets UPS FIVE Gold extends record rally on safe-haven appeal, weaker dollar

Gold prices extended their record rally on Wednesday, buoyed by a weaker dollar and safe-haven demand from escalating tensions in the Middle East, while investors looked forward to more U.S. economic data for policy clues. FUNDAMENTALS

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