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Europe Top News and Analysis Israel

  • The SEC said the purchases resulted in about $427,000 of profit for Darvasi and $4.5 million for Waldman, after the announcement caused shares of Jerusalem- based Mobileye to rise 28.2 percent in one day. According to the SEC, both defendants were connected to Mobileye insiders through the scientific academic community at the Hebrew University of Jerusalem,...

  • Teva Pharmaceuticals workers pack drugs in a clean room.

    The Israeli pharmaceutical company is denying reports that it planned to fire up to 11 percent of its workforce.

  • TEL AVIV, Israel _ Galmed Pharmaceuticals Ltd. on Thursday reported a loss of $4.8 million in its fourth quarter. Three analysts surveyed by Zacks expected $216,000. Access a Zacks stock report on GLMD at https://www.zacks.com/ap/GLMD.

  • *GM, Daimler, Volvo, Honda have opened R&D centers in Israel. "A concern over the years has been that compared to the U.S., Israel cannot produce outsized returns," said Adam Fisher, a partner who manages the Israel office for California- based venture capital fund Bessemer. "Mobileye is a perfect example of how a big business can be built in Israel and how a large corporate...

  • TEL AVIV, March 22- Israeli defense electronics company Elbit Systems expects to benefit from increased defense spending globally in response to Donald Trump's elevation to the White House, it said on Wednesday after reporting a rise in fourth-quarter earnings. While low oil prices have eaten into some clients' defense budgets, tensions in the South China Sea,...

  • TEL AVIV, March 22- Israeli defence electronics company Elbit Systems expects to benefit from increased defence spending globally in response to Donald Trump's elevation to the White House, it said on Wednesday after reporting a rise in fourth-quarter earnings. While low oil prices have eaten into some clients' defence budgets, tensions in the South China Sea,...

  • *Israel bond market has been strong while stock market slumps. TEL AVIV, March 22- Investment bank Citi is expected to include Israel in its influential World Government Bond Index in coming months, a boost for the local bond market but a potential headache for the central bank as it fights to contain the surging shekel. Israel would account for less than 0.5...

  • HAIFA, Israel _ Elbit Systems Ltd. on Wednesday reported fourth-quarter profit of $67.1 million. The Haifa, Israel- based company said it had profit of $1.57 per share. For the year, the company reported profit of $236.9 million, or $5.54 per share.

  • NEW YORK— As the indignities of modern air travel go, the latest ban on laptops and tablets on some international flights falls somewhere between having to take off your ratty shoes at the security checkpoint and having your baby food and milk tested for bomb residue. asked Kelsey Norman, a doctoral student who plans to fly home Friday to Los Angeles from Beirut—...

  • *Israel- China trade stands at $8 billion. JERUSALEM/ BEIJING, March 20- China's economy may be 35 times larger than Israel's, but Prime Minister Benjamin Netanyahu is hoping to use that to advantage during a three-day visit to Beijing as he looks to reorient Israel's economy towards Asia over Europe and the United States. A week after U.S. chip giant Intel agreed to...

  • *Israel- China trade stands at $8 billion. JERUSALEM/ BEIJING, March 20- China's economy may be 35 times larger than Israel's, but Prime Minister Benjamin Netanyahu is hoping to use that to advantage during a three-day visit to Beijing as he looks to reorient Israel's economy towards Asia over Europe and the United States. A week after U.S. chip giant Intel agreed to...

  • An Israeli "Arrow 3" ballistic missile interceptor is seen during its test launch near Ashdod December 10, 2015.

    Israel confirmed anti-aircraft missiles were successfully countered as part of a conflict with neighboring Syria.

  • JERUSALEM— As the world moves toward an era of self-driving cars, Israel is positioning itself to be the Detroit of the future. Israel is now home to hundreds of startups that provide everything from censors to cybersecurity to data collection for autonomous vehicles, putting it alongside Silicon Valley at the forefront of an industry that many expect to take...

  • *Merkel meets Trump for first time on Friday in Washington. BERLIN, March 12- She is controlled and cautious, a physicist from East Germany who takes her time making decisions and has never relished the attention that comes from being Europe's most powerful leader. It is hard to imagine two leaders more different, in style or substance, than Angela Merkel, the German...

  • JERUSALEM— Intel announced Monday it will spend more than $15 billion to acquire Mobileye, an Israeli company that develops technology that essentially gives computers a sense of their physical surroundings— the largest high-tech acquisition in the history of the Jewish State. Mobileye joined a long list of high-tech companies that have earned Israel the...

  • *Gaza sewing sector one of largest employers before 2007. GAZA, March 13- It's not easy doing business from Gaza but tailor Mohammad Abu Shanab has found a demand he can supply-- his sewing factory is churning out religious skull caps, for devout Jewish men. Since Israel resumed importing clothing from Gaza in 2015, Abu Shanab has renewed commercial contacts to sell...

  • *Merkel meets Trump for first time on Tuesday in Washington. BERLIN, March 12- She is controlled and cautious, a physicist from East Germany who takes her time making decisions and has never relished the attention that comes from being Europe's most powerful leader. It is hard to imagine two leaders more different, in style or substance, than Angela Merkel, the...

  • *Merkel meets Trump for first time on Tuesday in Washington. BERLIN, March 12- She is controlled and cautious, a physicist from East Germany who takes her time making decisions and has never relished the attention that comes from being Europe's most powerful leader. It is hard to imagine two leaders more different, in style or substance, than Angela Merkel, the...

  • *Merkel meets Trump for first time on Tuesday in Washington. BERLIN, March 12- She is controlled and cautious, a physicist from East Germany who takes her time making decisions and has never relished the attention that comes from being Europe's most powerful leader. It is hard to imagine two leaders more different, in style or substance, than Angela Merkel, the...

  • *Merkel meets Trump for first time on Tuesday in Washington. BERLIN, March 12- She is controlled and cautious, a physicist from East Germany who takes her time making decisions and has never relished the attention that comes from being Europe's most powerful leader. It is hard to imagine two leaders more different, in style or substance, than Angela Merkel, the...