Edition:
United States

Steven Scheer

UPDATE 1-Israel banks Hapoalim and Discount name new CEOs

Jul 15 2019

JERUSALEM, July 15 Two of Israel's largest banks, Bank Hapoalim and Israel Discount Bank , named new chief executives on Monday after a wave of resignations in the country's finance industry that followed legislation capping salaries.

Israel holds 5G mobile network tender, aims for 2020 launch

Jul 14 2019

JERUSALEM Israel launched a tender for fifth-generation (5G) cellular frequencies on Sunday, hoping discounts to cash-strapped mobile phone operators battling fierce competition will entice bids.

NYSE to help Israel create secondary tech stock exchange

Jul 09 2019

TEL AVIV Israel and the New York Stock Exchange (NYSE) have begun talks on setting up a secondary stock exchange for high-tech companies in Israel that would compete with venture capital funds.

Bank of Israel to hold key rate at 0.25%, temper hike expectations: Reuters poll

Jul 04 2019

JERUSALEM Israel's central bank is expected to leave short-term interest rates unchanged for a fifth straight decision next week and to scale back expectations for future increases due to renewed global economic weakness.

Israel set to launch long-awaited 5G tender this month

Jul 02 2019

JERUSALEM Israel is likely to launch a long-awaited tender for fifth generation (5G) mobile networks within two weeks, a government spokesman said on Tuesday.

UPDATE 1-Group including China Harbour wins tender for Israeli power plant

Jul 02 2019

JERUSALEM, July 2 Israel Electric Corp (IEC) said on Tuesday it would sell its Alon Tavor power plant to a group that includes China Harbour Engineering for 1.87 billion shekels ($523 million).

Israel's Bank Leumi CEO to resign, new chairman named

Jun 30 2019

TEL AVIV Bank Leumi said on Sunday Chief Executive Rakefet Russak-Aminoach will step down in the coming months after seven years as head of Israel's biggest bank by market capitalization.

Ford denies it is in the self-driving slow lane

Jun 11 2019

TEL AVIV Ford Motor Co may be taking a cautious approach to its autonomous driving program, but its chairman rejected claims that the U.S. automaker was falling behind its peers.

New Israel election likely to widen a swelling budget deficit

May 30 2019

TEL AVIV Israel's budget deficit problem is about to get bigger as the country heads for its second election this year, after Prime Minister Benjamin Netanyahu failed to form a new government.

New Israel election likely to widen a swelling budget deficit

May 30 2019

TEL AVIV Israel's budget deficit problem is about to get bigger as the country heads for its second election this year, after Prime Minister Benjamin Netanyahu failed to form a new government.

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