TEL AVIV, April 18 Network security provider
Check Point Software Technologies reported first
quarter net profit that topped expectations by a cent and
forecast second quarter profit in line with estimates.
JERUSALEM A parliamentary panel has proposed lawmakers oversee Israel's banking regulator after blaming the central bank for being too lax on regulation that led to high-profile loan defaults by some of the country's largest borrowers.
* Isracard is Israel's largest credit card issuer
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JERUSALEM Israel's economy has barely featured in the run-up to next week's general election, yet the central bank and many economists warn the new government will need to cut spending and raise taxes to rein in a growing budget deficit.
TEL AVIV Advertising technology firm IronSource, one of Israel's most valuable private technology companies, expects to double revenue in 2019 and is seeking acquisitions valued at hundreds of millions of dollars.
TEL AVIV U.S. chip supplier Nvidia Corp has no plans for further acquisitions for the time being after its nearly $7 billion purchase of Israeli chip designer Mellanox Technologies, its chief executive said on Tuesday.
MISHMERET, Israel Israeli Prime Minister Benjamin Netanyahu cut short a visit to the United States on Monday and the military dispatched reinforcements to the Gaza border after a rocket attack near Tel Aviv wounded seven people. | Video
TEL AVIV, March 19 Israeli defence electronics
firm Elbit Systems said costs relating to the
acquisition of IMI Systems sent its quarterly profit lower, but
forecast that the weapons and military technology maker will
start to make a profit this year.
TEL AVIV Israel's exports of computer chips to China soared last year as Chinese companies bought more semiconductors made at Intel's Kiryat Gat plant.
TEL AVIV Israel's Bank Hapoalim reported on Monday sharply lower quarterly net profit, weighed down by a large provision for an ongoing U.S. tax evasion investigation.