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  • TEL AVIV, Dec 15- Israel is proud to call itself a "Start-up Nation", with more tech firms listed on Nasdaq than any other country outside the United States and China. She has brought her company to the brink of commercial success-- pre-clinical safety studies and plans for regulatory approval are underway-- thanks to investment from the office of Israel's chief...

  • 14 cities get Bloomberg 'innovation team' grants Monday, 15 Dec 2014 | 9:01 AM ET

    NEW YORK— Fourteen cities ranging from Long Beach, California, to Jerusalem are getting up to $3 million from former New York City Mayor Michael Bloomberg's foundation to create "innovation teams" to jump-start new approaches to poverty, public safety, job growth and other issues, the foundation announced Monday. Winners range in size from Centennial, Colorado,...

  • Cancer patients testing drugs on mouse 'avatars' Monday, 15 Dec 2014 | 12:01 AM ET

    Scientists often test drugs in mice. Now some cancer patients are doing the same— with the hope of curing their own disease. It's the wave of the future, "said Eileen Youtie, a Miami woman using mice to guide care for her hard-to-treat form of breast cancer.

  • Israeli researchers find flaw in Alibaba site Tuesday, 9 Dec 2014 | 2:27 PM ET

    JERUSALEM— Israeli cybersecurity researchers say that personal information of millions of Alibaba users may have been exposed through flaws on the e-commerce giant's platform. Amitay Dan, founder of information security company Cybermoon, said he discovered another flaw that compromised Alibaba users' personal data, and that Alibaba fixed the flaw after...

  • On our minds: Top 10 topics on Facebook in 2014 Tuesday, 9 Dec 2014 | 8:02 AM ET

    Facebook has a good gauge based on what people type into the box that says, "What's on your mind?"

  • Nov 26- Bank Leumi Le Israel BM is close to a $400 million settlement with U.S. authorities following a probe into whether it helped Americans evade taxes, Bloomberg News reported, citing a person with knowledge of the matter. Israel's second-largest lender would pay about $270 million to the Justice Department and $130 million to New York's Department of...

  • *Investors pump $48 million into nano-technology company. TEL AVIV, Nov 24- An Israeli company says it has developed technology that can charge a mobile phone in a few seconds and an electric car in minutes, advances that could transform two of the world's most dynamic consumer industries. The company has raised $48 million from two rounds of funding, including...

  • *Israel helped India in shift to micro-irrigation. Since Modi came to power in May, ties between Israel and India have been in overdrive, with the two signing a series of defence and technology deals that have underscored their burgeoning commercial and political relationship. In October, India closed a $520 million deal to buy Israeli anti-tank missiles.

  • LONDON, Nov 18- The rouble jumped 0.8 percent on Tuesday and Russian shares rose after the European Union held off imposing new sanctions though broader emerging equities slipped for the fourth day, their mood soured by weak Chinese housing data. The rouble rose to a five-session high to the dollar as European Union governments sounded the alarm on an upsurge in...

  • *Finance Ministry says 2014 growth will be 2.4 percent. JERUSALEM, Nov 16- Israel's economy contracted for the first time in more than five years in the third quarter, as growth was hit by the effects of a war with Islamist militants in Gaza. "We are talking about a one-time result and will not have a long-term impact," the Finance Ministry said in a statement, noting it...

  • JERUSALEM, Nov 16- Israel's economy contracted for the first time in more than five years in the third quarter, as growth was hit by the effects of a war with Islamist militants in Gaza. Growth for all of 2014 is projected at 2.2 percent, with Israel's 50- day war in July and August having shaved off about half a percentage point. The Bank of Israel had previously said...

  • *Tensions high in Jerusalem over contested holy site. *Early elections widely expected in Israel. That cautious approach has harmed Israel's ties with Jordan, which oversees the holy site- known to Muslims as Noble Sanctuary and Jews as Temple Mount- prompting Amman to withdraw its ambassador for the first time since a 1994 peace treaty.

  • JERUSALEM, Nov 5- Israel arrested 14 people, including a senior UBS investment adviser, as part of an investigation into Israelis allegedly holding undisclosed bank accounts with UBS worth hundreds of millions of euros, the Tax Authority said on Wednesday. In addition to the unnamed senior investment adviser at UBS who was arrested in June in Tel Aviv, 12...

  • IBSHAR, Egypt, Nov 5- At Egypt's border with the Gaza Strip, families are emptying their homes- lugging mattresses and furniture onto waiting vans as soldiers look on from armoured cars. The operation's resulting no-mans-land- a security buffer 13.5 km-long and 500 metres deep- will provide greater visibility and, Egypt hopes, deter any future passage of arms from...

  • JERUSALEM, Oct 29- Bank Leumi, Israel's second-largest lender, said a settlement with U.S. authorities over possible tax evasion by the bank's American clients could be far higher than previously estimated while also rejecting an offer from New York State. The bank has been negotiating with the authorities for months and had said it was close to a deal to pay 950...

  • JERUSALEM, Oct 29- Bank Leumi, Israel's second-largest lender, said on Wednesday a settlement with U.S. regulators over possible tax evasion by the bank's American clients could be much higher than previously estimated. In a statement to the Tel Aviv Stock Exchange, Leumi said it was now also in contact with the New York Department of Financial Services, which...

  • Oct 28- New York state's financial regulator is seeking more than $300 million from Bank Leumi as part of a probe of whether the Israeli bank assisted U.S. citizens in evading taxes, according to a person familiar with the matter. The penalty from New York state's Department of Financial Services, which regulates certain banks in the state, is separate from...

  • JERUSALEM/ WASHINGTON, Oct 28- Israel plans to buy a second batch of Lockheed Martin's F-35 stealth fighter jets, bringing its total number on order to about 44, Israeli defense and U.S. sources said on Tuesday. Israel bought 19 F-35s for $2.75 billion in 2010, a deal that included options for up to 75 planes. Israel will benefit from various efforts under way by...

  • JERUSALEM, Oct 28- The recent shift to slight deflation in Israel is not overly worrisome since it does not fully stem from weak consumer demand as in some European countries, the central bank's deputy governor, Nadine Baudot-Trajtenberg, said on Tuesday. The European Central Bank and some other European central banks are cutting interest rates to stave off...

  • JERUSALEM, Oct 28- The recent shift to slight deflation in Israel is not overly worrisome since it does not stem from weak consumer demand as in some European countries, the central bank's Deputy Governor Nadine Baudot-Trajtenberg said on Tuesday. The European Central Bank and some other European central banks are cutting interest rates to stave off...