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Business & Economy

News and updates about Business & Economy

Beigel-Beigel Pretzel Plant May Pull Out of Samaria

Reports surface that Unilever wants to move 'Beigel-Beigel' plant from Barkan to "smaller" Israel. The firm's response: "We don't discuss details."

Beigel-Beigel Pretzel Plant May Pull Out of Samaria

Israeli Startup Presents: 3D With No Glasses

INN TV meets three Israeli startup companies at the Bezeq Expo: 3D Video Without Glasses, Motion Detecting Video Games, and the Electric Car

Israeli Startup Presents: 3D With No Glasses

Nazarian Center for Israel Studies Opens at UCLA

A new $5 million Younes and Soraya Israel Study Center at UCLA has been dedicated by the Iranian-American philanthropists, major donors to Israel.

Nazarian Center for Israel Studies Opens at UCLA

US Could Sue Israel over Hike in Oil Royalty Fees

As a huge oil rig approaches Israel for drilling, an Israeli judge says the US could sue Israel if it hikes royalty fees for oil and gas finds.

US Could Sue Israel over Hike in Oil Royalty Fees

Intel Adds 570 Jobs, NIS 10B in Kiryat Gat Expansion

A NIS 10 billion investment by Intel over the next eight years adds 570 jobs to its massive factory in the southern Israeli town of Kiryat Gat.

Intel Adds 570 Jobs, NIS 10B in Kiryat Gat Expansion

Jordanian Boycott Sabotages Int'l Environment Bike Ride

An international environmental awareness cycling tour set for October 8 has been sabotaged by a Jordanian Islamist boycott of Israel.

Jordanian Boycott Sabotages Int'l Environment Bike Ride

Chinese Educators Study the Holocaust at Yad Vashem

For the first time ever, a group of Chinese educators has begun a two-week course on the Holocaust at Jerusalem's Yad Vashem memorial center.

Chinese Educators Study the Holocaust at Yad Vashem

Obama Praises Israeli Solar Energy Firm

US President Barack Obama is praising Israel's BrightSource firm for its clean-tech energy -- and the 1,000 jobs it will create for Americans.

Obama Praises Israeli Solar Energy Firm

Italians: We Want to do Business With Israel

Businessmen from the Piemonte region in Northern Italy came to Israel to present their companies and learn about their Israeli counterparts

Italians: We Want to do Business With Israel

Experts: Israel's Cyber-Defense Can Stop Stuxnet Worm

There are tens of thousands of attempted virus attacks on Israeli systems each week, but excellent cyber-defenses repel them, including Stuxnet.

Experts: Israel's Cyber-Defense Can Stop Stuxnet Worm

Brooklyn Boycott Boosts Business for Dead Sea Cosmetics

A Brooklyn-based group protesting the sale of Israeli-made Dead Sea products boosts business for a local store. Rabbi Aaron Raskin goes shopping.

Brooklyn Boycott Boosts Business for Dead Sea Cosmetics

Methodist Preacher to Sue Church Over Anti-Israel Boycott

A Methodist preacher is planning to sue his own British-based church over a virulent anti-Israel boycott officially approved in July.

Methodist Preacher to Sue Church Over Anti-Israel Boycott

100,000 March with Light Rail Train in Jerusalem

More than 100,000 people greeted the new light rail train on the main street of Jerusalem for the first time during the annual Sukkot march..

100,000 March with Light Rail Train in Jerusalem

Rebuilding Lives and Homes at Naveh in the Halutza Sands

Five families expelled in 2005 from Gush Katif began once more to build their lives this week in the new town of Naveh, in the Halutza Sands.

Rebuilding Lives and Homes at Naveh in the Halutza Sands

Holiday Spending Up By 13 Percent

Israeli households are spending more this year for the holidays that began with Rosh HaShanah, the Jewish New Year.

Holiday Spending Up By 13 Percent

Fayyad Dunning for Funds at UN, Says PA 'Ready for Statehood'

PA Prime Minister Salam Fayyad is dunning for more funds at the UN General Assembly. The PA is "ready at any moment" for statehood, he said.

Fayyad Dunning for Funds at UN, Says PA 'Ready for Statehood'

UNICEF: Israeli Infant, Child Mortality Rate Dropped

Israel is in the top 16th global percentile in reducing the mortality rate of infants and children under five in the past decade, says UNICEF.

UNICEF: Israeli Infant, Child Mortality Rate Dropped

English Speakers Celebrate 25 Years of Helping IDF

For 25 years, a group of English-speaking volunteers has worked to support the IDF, providing funds for soldiers' centers and other projects.

English Speakers Celebrate 25 Years of Helping IDF

Israel Delivers Aid to Gaza, Even Under Rocket Fire

Hundreds of tons of construction materials are delivered to Gaza along with more humanitarian aid, even as its terrorists fire rockets at Israel.

Israel Delivers Aid to Gaza, Even Under Rocket Fire

Barak Meets Putin in Russia, Clinches Military Deals

Defense Minister Barak and Russian leaders discuss military issues, including Iran and Islamist terrorism and defense contracts.

Barak Meets Putin in Russia, Clinches Military Deals

Anti-Israel Hatred on Facebook Alive and Well

Anti-Israel hatred on the Facebook social networking website is not being dealt with. There are more than 194 pages of abuse.

Anti-Israel Hatred on Facebook Alive and Well

Italian Outrage Over Gaddafi 'Convert-to-Islam' Party in Rome

Italians complain about a "convert-to-Islam" party held in Rome by Libya's Gaddafi, saying Rome's religious tolerance does not exist in Tripoli.

Italian Outrage Over Gaddafi 'Convert-to-Islam' Party in Rome

Two Terror Suspects Nabbed After Flight from US

Two Yemeni terror suspects were nabbed by Dutch police after arriving from Chicago on a United Airlines flight. Their bags were headed to Dubai.

Two Terror Suspects Nabbed After Flight from US

Back Taxes May Stop Ground Zero Mosque

The real estate developer behind New York City's impending Ground Zero Mosque allegedly is delinquent on paying the property taxes for the site.

Back Taxes May Stop Ground Zero Mosque

Potential of 4 Billion Barrels of Oil Offshore

The giant offshore energy find continues to produce good news. A new report says there is a chance of 4 billion barrels of oil undersea.

Potential of 4 Billion Barrels of Oil Offshore

New Cameras Snap Vehicle Photos for Air Pollution Tax

Israel has come up with a way to streamline tax collection on the nation’s highways by using hi-tech photographic tax traps.

New Cameras Snap Vehicle Photos for Air Pollution Tax

Global Islamic Sites to Get American Facelift

The United States is donating nearly $270,000 this year to restore five Islamic religious and cultural sites around the world.

Global Islamic Sites to Get American Facelift

Irish Artists Vow to Boycott Israel

A group of Irish artists pledges to boycott Israel as part of a campaign to show solidarity with the Palestinian Authority.

Irish Artists Vow to Boycott Israel

Renault Begins Electric Car Field Tests in Israel

Renault SA has begun Israeli field tests for the electric car it has developed with Shai Agassi's Better Place LLC.

Renault Begins Electric Car Field Tests in Israel

Meged 5 Oil Well Compared to 'Giving of the Torah'

Hundreds of investors converged on Jerusalem Monday to hear their faith in Meged 5 has paid off: black gold is gushing near Rosh Ha'Ayin.

Meged 5 Oil Well Compared to 'Giving of the Torah'

More Trouble for Egypt-Israel Gas Deal

Egypt's gas sales to Israel cause anger among Egyptians, due to rumored domestic gas shortage.

More Trouble for Egypt-Israel Gas Deal

Israel Is the Land of Milk and Honey—and Wine

The world market and media continue to discover Israeli wines as some of the best. The latest is Jerusalem Hills’ Domaine Du Castel winery.

Israel Is the Land of Milk and Honey—and Wine

New Wind and Solar Projects to Add Energy

Israel gets more "green" energy in the form of wind and solar installations in Judea, Negev.

New Wind and Solar Projects to Add Energy

Setback for Tel Aviv Light Rail

The Tel Aviv light rail train project faces a setback as plans involving Metro Transport fall through.

Setback for Tel Aviv Light Rail

Iran Denies Bushehr Activation Will Enable Atomic Weapon

Islamic Republic denies that activation of the Bushehr nuclear reactor will enable it to develop an atomic weapon, countering John Bolton warning.

Iran Denies Bushehr Activation Will Enable Atomic Weapon

El Al Airlines Signs Deal with JetBlue

Passengers flying on El Al Airlines will be able to expand their horizons in October due to an agreement the airline has signed with JetBlue.

El Al Airlines Signs Deal with JetBlue

Afghanistan Oil Discovery May Mean New Funds for Al-Qaeda

The recent discovery of oil in Afghanistan may have made the country a richer target for the Al Qaeda terrorist group.

Afghanistan Oil Discovery May Mean New Funds for Al-Qaeda

Central Israel Oil Discovery: 1.5 Billion Barrels

Move over Iran. Estimates of the amount of oil in the Rosh HaAyin discovery rise to 1.5 billion barrels, and there is more off-shore.

Central Israel Oil Discovery: 1.5 Billion Barrels

Israeli Investments Made Millions for Harvard

Rumors that Harvard sold Israeli shares as an anti-Israel move turn out to be false. The university simply sold at market highs and made millions.

Israeli Investments Made Millions for Harvard

Netanyahu, Greece Agree on Security and Tourism Cooperation

Greece and Israel deepened cooperation on security and tourism Monday. Netanyahu says his visit is only the first step to closer relations.

Netanyahu, Greece Agree on Security and Tourism Cooperation

Best Ever Year for Tourism

More than 3 million tourists in the Hebrew year of 5770 tops records as Israel readies for tens of thousands of visitors over High Holiday period.

Best Ever Year for Tourism

Israel, PA Ministers Meet on Workers' Boycott

Israeli, PA officials meet to discuss an impending PA boycott.

Israel, PA Ministers Meet on Workers' Boycott

‘Payless’ Shoes Puts Foot in Israeli Doors

First it was McDonalds. Then came ToysRUs, Office Depot, Fox and a host of others. Now Payless Shoes has discovered Israel.

‘Payless’ Shoes Puts Foot in Israeli Doors

Suspicion: NIF Involved in Gas Royalties Debate

Is Israel's gas boon a chance to fix society? Or is talk of higher royalties a mask for an agenda that pushes Arab oil?

Suspicion: NIF Involved in Gas Royalties Debate

Housing Prices Up by 17%; Ketzaleh: 'ABCs of Economics' at Work

A 4-room apartment in Tel Aviv now costs, on average, 2.3 million shekels. On average, housing prices have risen by 17% in one year.

Housing Prices Up by 17%; Ketzaleh: 'ABCs of Economics' at Work

Japan: Oil Tanker Was Attacked in Strait of Hormuz

A suspicious explosion aboard the “M Star” Japanese oil tanker in the Strait of Hormuz is under investigation by Mitsui OSK, US and UK officials.

Japan: Oil Tanker Was Attacked in Strait of Hormuz

Canadian Military Shopping Blue and White?

A Canadian military commander toured an Israeli Air Force base last week while holding talks with Israel's top military brass.

Canadian Military Shopping Blue and White?

Dial-a-Deal Calls Steal Air Time Charges for Terror

PA terrorists have figured out a new way to make a living – by stealing air time charges through prank calls to unwary Israelis.

Dial-a-Deal Calls Steal Air Time Charges for Terror

New Israel Electric Power Plant Out of Gas

The new electric power plant in Ashdod is ready to go, except for one small detail – it has not been hooked up to the nation's natural gas line.

New Israel Electric Power Plant Out of Gas

Colorado Governor's Business Mission in Israel

Governor of Colorado Bill Ritter is in Israel to create business, investment and research partnerships in energy, clean-tech, and water.

Colorado Governor's Business Mission in Israel

Jordan: Boycott Drive Hits Next Level

Jordanian boycott committee pushes ban on all companies that transport Israeli or American goods.

Jordan: Boycott Drive Hits Next Level

Hamas Censors Blockade Ramallah PA Newspapers

Gaza's Hamas terrorist rulers allow one kind of blockade, banned three Ramallah-based Palestinian Authority newspapers.

Hamas Censors Blockade Ramallah PA Newspapers

CNN Editor Fired After INN Reports Support for Hizbullah Cleric

A senior Middle East editor at CNN has been fired shortly after INN reported her support for a Hizbullah cleric that sparked a Facebook revolt.

CNN Editor Fired After INN Reports Support for Hizbullah Cleric

Final Gulfstream G250 Business Jet in Test Flight

A third Gulfstream G250 business jet has begun the series of tests that will determine whether it will pass final muster as an IAI aircraft.

Final Gulfstream G250 Business Jet in Test Flight

Oil Resumes After PKK Attack Halted Flow to Turkey

Oil resumed moving through the Kirkuk--Ceyhan pipeline after a Kurdish rebel attack over the weekend temporarily halted the flow.

Oil Resumes After PKK Attack Halted Flow to Turkey

'Israeli Gowns' Cause Outrage in Jordan

Jordanian graduates appalled to find that gowns were made in Israel. Officials: it was just the bags.

'Israeli Gowns' Cause Outrage in Jordan

Churchgoers Heading to the Holy Land in Droves

South Florida churchgoers are heading to the Holy Land in droves, just as the best part of summer gets underway in Israel.

Churchgoers Heading to the Holy Land in Droves

New Protection for IDF Namer APCs

The IDF is about to acquire new protection for its Namer armored personnel carrier – the Spurred Arrow.

New Protection for IDF Namer APCs

Hizbullah: Lebanese Telecom Exec is an Israeli Spy

A Lebanese telecommunications executive has been accused by the Hizbullah terrorist organization of working for the Mossad.

Hizbullah: Lebanese Telecom Exec is an Israeli Spy

Tourism Booms Between Israel and Malta

While Israeli tourism to Turkey is dying on the vine, the Republic of Malta is working on a new flight route to the Jewish State.

Tourism Booms Between Israel and Malta