Business


Dow Chemicals Opens Israel Office

Dow Chemicals, one of the largest chemical manufacturers in the world, has opened an office in Israel. The company hosted a gala event attended by the heads of some of…

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Nazi-Themed Items for Sale on Amazon

One can purchase just about anything on Amazon: furniture, clothing, electronics … and neo-Nazi toys. Among the millions of items for sale on the online retailing giant’s website are various…

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Alibaba to Open R&D Center in Israel

Chinese e-commerce giant Alibaba is planning to open seven research and development centers around the world – one of them in Israel, according to a report by Reuters. The company…

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After Russia, Cofix Sets Sights on Turkey

Cofix, Israel’s discount coffee chain, is expanding its holdings abroad. After entering into an agreement in 2016 to open a chain of coffee shops in Russia, the company has now…

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Herbalife Held Unsuccessful Sale Talks

Herbalife says that it was in talks to be acquired and taken private, but that those negotiations ended last week. The nutritional supplement company said Monday that in response to…

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Businesses Increase Stockpiles in June

U.S. businesses increased their stockpiles in June by the largest amount in seven months, while sales also rose. The Commerce Department says business inventories rose by a seasonally adjusted 0.5…

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A Third of Businesses Flouting Price Controls

A round of government inspections has revealed that a third of Israeli businesses are defying price controls, selling food products at well above the mandated ceilings, and without required labeling,…

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Bitan Blocks Binary Bill

After the Knesset Reforms Committee unanimously approved on Monday a bill for a blanket ban on binary options to be sent to the plenum, passage seemed assured. Until, that is,…

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Drip Irrigation Pioneer Netafim Sold for $1.5B

Netafim, an Israeli company that was at the forefront of the “green revolution” around the world, is being bought out by Mexichem, a Mexican firm that manufactures plastics and petrochemicals.…

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