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  • Teva's turnaround CEO sets sights on $40 bln mega-deal Wednesday, 22 Apr 2015 | 9:06 AM ET

    TEL AVIV, April 22- Israeli turnaround specialist Erez Vigodman, the chief executive of Teva Pharmaceutical Industries, is looking to pull off the ultimate transformation, with the biggest deal in Israel's corporate history. His unsolicited $40 billion offer for smaller generic drug rival Mylan Inc is Vigodman's attempt to turn Teva into a global drug...

  • FACTBOX-Teva Pharmaceutical's history of key acquisitions Wednesday, 22 Apr 2015 | 9:06 AM ET

    April 22- Teva Pharmaceutical Industries has offered to buy rival generic drugmaker Mylan for $40 billion in what would be the largest acquisition in Israel's history, equivalent to nearly 15 percent of GDP. *In March 2015 it said it would buy U.S. neurology drug company Auspex Pharmaceuticals for an equity value of $3.5 billion, a move to boost its portfolio of...

  • April 21- Some of the top investors at Mylan NV, including Paulson& Co, are encouraging its board of directors to consider a takeover proposal from rival Teva Pharmaceutical Industries Inc, according to people familiar with the matter. Teva unveiled an unsolicited $40 billion takeover proposal on Tuesday for the Canonsburg, Pennsylvania- based company.

  • NYMEX-Crude gains above $56 on Middle East tension Sunday, 19 Apr 2015 | 8:08 PM ET

    TOKYO, April 20- U.S. crude futures rose around 1 percent on Monday to above $56 a barrel on the back of continued turmoil in Yemen and worries over lower U.S. oil output. *NYMEX crude for May delivery, which expires on Tuesday, was up 55 cents at $56.29 a barrel by 0000 GMT, after settling down 97 cents at $55.74 on Friday. *It reached a 2015 peak of $57.42 on Thursday, sparked...

  • JERUSALEM, April 19- The mayor of Haifa ordered on Sunday the closure of plants run by Israel's largest refining and petrochemicals group, Oil Refineries, following a report showing high cancer rates in the port city. Oil Refineries said its operating licence and that of a number of its subsidiaries had been cancelled in Israel's third largest city, which is...

  • Bad to worse: ISIS brings fight to Syrian capital Tuesday, 7 Apr 2015 | 3:07 PM ET
    Syrian opposition forces use tunnels as shelter from air attacks in Damascus, Syria, April 5, 2015.

    The arrival of ISIS in Syria's capital threatens Syria's government and brings the group closer to some of the region's last stable countries.

  • Obama warns Congress on Iran deal Thursday, 2 Apr 2015 | 4:07 PM ET
    President Barack Obama speaks about the framework agreement on Iran's nuclear program announced by negotiators in Switzerland during a statement in the Rose Garden of the White House in Washington April 2, 2015.

    The agreed framework for a nuclear deal with Iran would make the world a safer place if implemented, President Barack Obama said.

  • Israel's stock market is walloping its neighbors Thursday, 2 Apr 2015 | 1:47 PM ET
    Inside the Tel Aviv Stock Exchange

    The most recent leg up for the Israeli markets, and leg down for regional competitors, came after Benjamin Netanyahu's election victory.

  • CNBC update: Iran nuclear talks still underway   Wednesday, 1 Apr 2015 | 10:35 AM ET
    CNBC update: Iran nuclear talks still underway

    Iran's deputy foreign minister says he hopes a joint statement could be issued soon in regard to nuclear talks; Prime Minister Netanyahu welcomes U.S. House Speaker Boehner to Israel, and Lufthansa and Germanwings CEOs visit the crash site, reports CNBC's Sue Herera.

  • Obama must fix Israeli relations: Bill Richardson Friday, 27 Mar 2015 | 11:38 AM ET
    Bill Richardson

    The former UN ambassador says Israel is "our anchor in the Mideast."

  • LONDON, March 26- Conflict in Yemen risks spilling out into the busy sea lanes that pass it and potentially disrupt the narrow Bab el-Mandeb passage through which nearly 4 million barrels of oil are shipped daily to Europe, the United States and Asia. Oil prices rose as much as 6 percent on Thursday after neighbouring Saudi Arabia and its allies launched air...

  • Yemen war clouds raise dangers for top oil shipping route Thursday, 26 Mar 2015 | 12:39 PM ET

    LONDON, March 26- Conflict in Yemen risks spilling out into the busy sea lanes that pass it and potentially disrupt the narrow Bab el-Mandeb passage through which nearly 4 million barrels of oil are shipped daily to Europe, the United States and Asia. Oil prices rose as much as 6 percent on Thursday after neighbouring Saudi Arabia and its allies launched air...

  • *Israel withholding $130 million a month in customs, tax income. RAMALLAH, West Bank, March 25- Israel's decision to withhold $130 million a month in revenue collected on behalf of the Palestinians is strangling the economy and leaving the banking system dangerously exposed, the Palestinian central bank governor said on Wednesday. Israel stopped the transfer...

  • JERUSALEM, March 25- Israeli biopharmaceutical company BioLineRX Ltd said on Wednesday an early stage trial for a drug that uses stem cells to treat leukaemia and other blood cancers met all safety and efficacy goals. Current stem cell treatments require four or five days of injections of material from a donor to get into the bloodstream, but BioLineRX said its...

  • Obama: Israel relations and Netanyahu   Tuesday, 24 Mar 2015 | 3:13 PM ET
    Obama: Israel relations and Netanyahu

    President Obama holds joint press conference with Afghan president, Ashraf Ghani.

  • JERUSALEM, March 24- The Tel Aviv Stock Exchange, seeking to reverse a decline in trading volumes and company listings, is launching a "Start-Up Nation" index of top Israeli technology companies traded around the world, it said on Tuesday. The new "TA-BIGITech" index, launched in cooperation with BlueStar Indexes, will comprise 57 Israeli and Israeli-related tech...

  • Global flash points: Iran and ISIS   Monday, 23 Mar 2015 | 7:06 AM ET
    Global flash points: Iran and ISIS

    Robert Hormats, Kissinger Associates, shares his thoughts on geopolitical tensions in the Middle East.

  • Chuck Todd: Netanyahu vs. Obama   Friday, 20 Mar 2015 | 4:41 PM ET
    Chuck Todd: Netanyahu vs. Obama

    Discussing the growing rift between President Obama and newly re-elected Israeli Prime Minister Benjamin Netanyahu, with "Meet the Press" moderator Chuck Todd.

  • CNBC update: Samsung S6 Edge coming   Friday, 20 Mar 2015 | 12:33 PM ET
    CNBC update: Samsung S6 Edge coming

    House Speaker John Boehner will visit Israel, and Samsung's S6 & S6 Edge will be available April 10th, reports CNBC's Sue Herera.

  • Iran talks success and failure—both risky: Eurasia Friday, 20 Mar 2015 | 10:52 AM ET
    Ian Bremmer, Eurasia Group president.

    With word of a snag in the Iran nuclear talks, Eurasia's Ian Bremmer tells CNBC the U.S. is in a damned-if-you-do, damned-if-you-don't situation.