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  • SIEM REAP, Cambodia— Cambodia's most popular tourist attraction— the complex of ancient temples that includes Angkor Wat— is suffering from a form of overexposure: At least five foreign visitors have been arrested and deported this year for taking nude photos at the sacred sites. "Angkor Wat is the most famous sacred... temple in Cambodia, where everyone— not only...

  • Mobileye tops Street 4Q forecasts Thursday, 26 Feb 2015 | 10:01 AM ET

    JERUSALEM _ Mobileye NV on Thursday reported fourth-quarter net income of $2.4 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 5 cents per share. Mobileye shares have dropped almost 9 percent since the beginning of the year.

  • Perion Network reports 4Q loss Wednesday, 25 Feb 2015 | 8:03 AM ET

    TEL AVIV, Israel _ Perion Network Ltd. on Wednesday reported a loss of $7.9 million in its fourth quarter. On a per-share basis, the Tel Aviv, Israel- based company said it had a loss of 13 cents. For the year, the company reported profit of $42.8 million, or 58 cents per share.

  • JERUSALEM, Feb 25- Israel's short-term interest rates could be cut below zero and other monetary policy tools considered should the shekel strengthen further and threaten the economy's export-led recovery, a senior Bank of Israel official said. Bank of Israel Deputy Governor Nadine Baudot-Trajtenberg said while the central bank was "relatively...

  • JERUSALEM, Feb 24- Israel's competition regulator has delayed a decision on whether to declare the country's natural gas fields a monopoly for two months to allow time for an agreed solution to be reached. Noble Energy and Israel's Delek Group own 85 percent of the large Leviathan gas site off the Mediterranean coast, and also control the nearby Tamar well-- a...

  • NEW YORK— The Palestine Liberation Organization and the Palestinian Authority backed a series of terrorist attacks in the early 2000 s in Israel that killed or wounded Americans, a U.S. jury found Monday in awarding hundreds of millions of dollars in damages at a high-stakes civil trial. The case has been viewed as the most notable attempts by American victims...

  • *Parking a $25 billion industry in the United States. With the parking industry worth $25 billion a year in the United States and more than twice that in western Europe, it's no surprise that high-tech firms are scrambling to come up with clever ways to make the process quicker and easier. German carmaker BMW has been trialling a similar service called ParkNow.

  • JERUSALEM— Israel says it will purchase 14 additional next-generation F-35 fighter jets for approximately $3 billion. Israel's defense ministry said Sunday the deal adds to the fleet of 19 U.S-made jets it already purchased in 2010. The recent signing with Lockheed Martin Corp. includes an option for 17 more in the future. The first such planes are to arrive...

  • Finally! The US is busting Israeli banks Thursday, 19 Feb 2015 | 1:39 PM ET

    Former Crazy Eddie CFO Sam Antar says he tipped off the authorities to money laundering via Israeli banks 25 years ago.

  • Palestinians lay cornerstone for rebuilding Gaza high-rise Wednesday, 18 Feb 2015 | 10:51 AM ET

    GAZA CITY, Gaza Strip— Palestinian officials laid the cornerstone on Wednesday for the rebuilding of a Gaza residential high-rise flattened in last summer's war between the Islamic militant group Hamas and Israel. The ceremony by Gaza's public works minister was a symbolic move to boost the spirits of the nearly 500 residents of Zafer 4 Tower, which was hit by...

  • Feb 17- Israel's VBL Therapeutics said it would stop developing its experimental inflammatory drug to fight psoriasis and ulcerative colitis, leading to half its market value being wiped off. VBL Therapeutics, the operative name of Vascular Biogenics Ltd, was forced to settle for a $40 million IPO last year after its prior effort to go public was thwarted as a...

  • Feb 17- Israel's VBL Therapeutics Inc said it would stop developing its experimental inflammatory drug to fight ulcerative colitis and psoriasis, sending its shares tumbling 45 percent before the bell. Separately, the biotechnology company said the U.S. Food and Drug Administration lifted a partial hold on another drug that is being tested to treat an...

  • JERUSALEM, Feb 16- Israel's economy expanded at its fastest rate in almost eight years in the fourth quarter, growing an annualised 7.2 percent in a rebound from a war-battered third quarter, official data showed on Monday. The economy was hurt in the third quarter by the 50- day Gaza war in July and August, which curtailed factory output, kept consumers home and led...

  • ASHKELON, Israel, Feb 9- In this seaside city once ruled by the Greeks and Phoenicians but now largely populated by Russians, the talk in the caviar-stocked delis and jewellery stores is of upcoming elections and Israel's powerful Russian vote. After the collapse of the Soviet Union in the 1990 s, more than one million Russian speakers moved to Israel, many of them...

  • ANKARA/ NEW YORK, Feb 7- Iran's foreign minister has warned the United States that failure to agree a nuclear deal would likely herald the political demise of pragmatist President Hassan Rouhani, Iranian officials said, raising the stakes as the decade-old stand-off nears its end-game. Secretary of State John Kerry at several meetings in recent weeks,...

  • *Burberry, Louis Vuitton have Africa collections. *World has changing attitude towards Africa. Global fashion designers like Yves Saint Laurent took inspiration from Africa decades ago and more recently brands like Burberry, Louis Vuitton and Christian Dior have embraced the continent's style and broadened its appeal.

  • The London Metal Exchange plans to hold fast as the last bastion of open outcry trading, even after the world's largest futures market operator, CME Group Inc, said it would shut almost all its open-outcry futures pits by July 2. The impact of CME's move will stretch from grain and livestock pits in Chicago to gold and oil trading in New York. "The LME is a much more of a...

  • HUSAYNAT, Egypt, Feb 4- At a remote spot in the Sinai desert last month, a commander of Egypt's most feared Islamist group outlined his hopes of toppling the country's government. "We will create an Islamic state in Egypt," he said. The militant said he was from the Ansar Bayt al-Maqdis group, which has killed hundreds of security forces since the military ousted...

  • *Quarter of Israel's exports went to Asia in 2014. Citing attacks on Jews in Europe- including one in a kosher market in Paris last month- and amid fears that the European Union could take trade steps against Israel over its policy of settlement building on Palestinian land, Prime Minister Benjamin Netanyahu told his cabinet last month: "We definitely want to...

  • *Quarter of Israel's exports went to Asia in 2014. Citing attacks on Jews in Europe- including one in a kosher market in Paris last month- and amid fears that the European Union could take trade steps against Israel over its policy of settlement building on Palestinian land, Prime Minister Benjamin Netanyahu told his cabinet last month: "We definitely want to...