Category: Business

The long-delayed Tel Aviv light rail will not operate on Shabbat and holidays, it was announced on Tuesday. The decision is a blow to activists who had been pushing for the opening, both of the light rail and of buses. Tel Aviv’s much anticipated partly-above ground and partly-below ground train broke ground in 2011, with […]

LinkedIn, the world’s largest professional networking platform, is currently embroiled in a dramatic confrontation that could change the landscape of recruiting and employment practices forever. LinkedIn’s recent decision to introduce filtering options based on skin color, sexual orientation, race, and gender has sparked a legal firestorm, with the U.S. Supreme Court directly challenging the validity […]

Israeli laboratory equipment firm Rhenium is set to welcome a new CEO, Eran Taus, the company announced Monday. Taus, 59, has a long background in the industry. Since the 1990s, he has held managerial posts and served as CEO of a number of different tech industry, services, and logistics companies, including a five-year stint as […]

In the dynamic realm of global oil markets, recent developments have stirred a blend of optimism and uncertainty. In an in-depth oil market review published on Monday, Bank Leumi’s chief economist Dr. Gil Bufman elaborated on the intricacies propelling these fluctuations. Oil price odyssey: Brent crude surpasses $86.5 per barrel Oil prices have been on […]

Russia will evacuate a village in its far east on August 11 as part of the launch of Russia’s first lunar lander mission in nearly half a century, a local official said on Monday. The Luna-25 lunar lander, Russia’s first since 1976, will be launched from the Vostochny Cosmodrome, some 3,450 miles (5,550 km) east […]

During the COVID-19 pandemic and subsequent lockdowns, many workers grew accustomed to working from home. Many of said workers would have grown accustomed to using the video conference application “Zoom,” whose stock peaked in October 2020 at $559 USD per share, more than 500% of what it was worth in January 2020. Despite Zoom’s stock […]

Just try to imagine your upcoming paradisaical hotel stay. You step through the main door without a single hotel team member smiling at you or offering assistance. A walk to reception is needless. Your online reservation was followed by a digital key access capability available on your mobile device, for a room you picked in […]

Quebec plans to open a representative office to Israel in Tel Aviv in the fall, the province’s government announced on Thursday. The office, to be located within the Canadian embassy, will be Quebec’s first in the Middle East and 35th total. Minister of International Relations and La Francophonie Martine Biron announced on Thursday that the […]

On July 27, the Israeli prime minister dismissed as “silly” a series of negative credit-rating agency reports. They criticized the amendment passed on July 24 that stops the Supreme Court from striking down unreasonable governmental decisions. This raises two serious questions for businesspeople: What is the name of the game? What is the endgame? Political […]

The threat of closure has long hung over Lev Smadar cinema in the capital’s German Colony neighborhood. In November 2016, the historic movie theater – constructed in 1928 – was saved as a result of the persistent struggle by residents and representatives on the city council. Under the leadership of then-deputy mayor Ofer Berkowitz (Hitorerut), […]