Israel


New Speed Cameras Seek to Outfox Drivers, Waze

Speed cameras have been a feature of Israeli roads for years, but Israel Police have deployed a new generation of cameras that are likely to catch many more drivers “in…

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Spacecom Couldn’t Wait for IAI, Opts for Loral

Israel’s Spacecom Satellite Communications said on Sunday that it will purchase its new satellite Amos 8 from the U.S. company Loral Space & Communications, in what Globes characterized as a…

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Daylight Saving, Israel

Israel will catch up with the U.S. overnight Thursday as the country turns clocks forward for Daylight Savings. The official time for the change is 2 a.m. Friday morning, when…

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UBQ Claims Landfill Alchemy

Hawks, vultures and storks circle overhead as Christopher Sveen points at the heap of refuse rotting in the desert heat. “This is the mine of the future,” he beams. Sveen…

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Orbotech Makes Exit Worth $3.4 billion

The Israeli technology firm Orbotech announced a deal Monday to be sold to the U.S.-based KLA-Tencor for $3.4 billion, in one of the biggest ever buyouts of an Israeli company.…

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Turkish Police Detain 12 IS Suspects

Turkish police arrested 12 people in Ankara in an investigation targeting Islamic State terrorists, state-run Anadolu news agency said on Monday, hours after the U.S. Embassy there said it would…

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Mississippi Looking to Invest in Israel Bonds

The Mississippi Legislature might authorize the state treasury to invest in Israeli bonds. The House passed Senate Bill 2051 Wednesday by a 118-2 vote. If enacted, the law would allow…

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Tel Aviv Stock Exchange Sale Prospects Look Good

A number of foreign stock exchanges and other financial bodies have been taking an active interest in acquiring the Tel Aviv Stock Exchange (TASE), Globes reported on Tuesday, citing industry…

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Intel Unveils $5 Billion Investment Plan in Israel

The hightech giant Intel has unveiled a $5 billion plan for expanding production in Israel between 2018 and 2020, Globes reported on Wednesday. Senior Intel executives met with Israel’s Minister…

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Teva Tumbles on New Guidance, But CEO Optimistic

The share price Teva Pharmaceuticals tumbled after it published guidance for 2018. The troubled drug giant said it expects the coming year’s revenue to be $18.3 billion to $18.8 billion…

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