Lapid and Eini report progress on budget pact
Source: Globes Online
Rishon Le Zion :: Israel | updated 2013-04-30 00:23:12 -0700 | political-news
42, Shay Niv Minister of Finance Yair Lapid and Histadrut chairman Ofer Eini held a long meeting last night ahead of the budget discussions. Afterwards, they issued a joint press release, which stated that the "atmosphere was good" and...
Histadrut likely to postpone calling work dispute
Source: Globes Online
Rishon Le Zion :: Israel | updated 2013-04-29 21:13:12 -0700 | political-news
01, Shay Niv The work dispute that the Histadrut (General Federation of Labor in Israel) had planned calling tomorrow is likely to be postponed after progress in talks between the Finance Ministry and the Histadrut. Sources inform "Globes" that...
DSP Group beats guidance
Source: Globes Online
Rishon Le Zion :: Israel | updated 2013-04-29 08:34:07 -0700 | business-news
Earnings per share for the first quarter of 2013 were $0.05, compared with a loss per share of $0.14 for the first quarter of 2012...DSP Group CEO Ofer Elyakim said, "We are pleased with our first quarter financial results, which...
Fischer: Riskiest credit is for construction
Source: Globes Online
Rishon Le Zion :: Israel | updated 2013-04-29 05:07:56 -0700 | business-news
55, Adrian Filut Minister of Housing and Construction Uri Yehuda Ariel was absent from today's Knesset Finance Committee's urgent meeting on the housing shortage. At the start of the meeting, Finance Committee chairman MK Nissan Slomiansky (Habayit Hayehudi) said...
Gov't failed on home prices, study finds
Source: Globes Online
Rishon Le Zion :: Israel | updated 2013-04-29 02:06:18 -0700 | business-news
15, Globes' correspondent The Knesset Research Department yesterday published a report, which describes in detail the rise in housing prices in recent years, and analyzes its causes. The report, "The crisis in the housing market and ways to emerge...
Elise Brezis: Later retirement good for women
Source: Globes Online
Rishon Le Zion :: Israel | updated 2013-04-29 02:06:17 -0700 | political-news
Brezis argues that it will reduce poverty among retired women and boost growth. April 13 10:58, Guy Katsovich "The claim by women's organizations that raising the retirement age will result in more women without a source of income is...
Lev Leviev to appoint daughter as head of AFI USA
Source: Globes Online
Rishon Le Zion :: Israel | updated 2013-04-28 07:55:38 -0700 | business-news
A Africa-Israel today announced that Tamir Kazaz will step down as CEO AFI USA on May 1...Africa-Israel controlling shareholder Lev Leviev is working to appoint his daughter Hagit Leviev-Sofayev as Kazaz's replacement. Leviev-Sofayev has worked in the economics department of...
Cabinet approves car imports bill
Source: Globes Online
Rishon Le Zion :: Israel | updated 2013-04-28 05:19:49 -0700 | political-news
56, Dubi Ben-Gedalyahu The cabinet today approved the Ministry of Transport's proposal for the vehicle services registration bill, which sets out arrangements for importing new vehicles, and the sale and trade of used vehicle parts. The reform is supposed...
IAI leases Better Place electric car fleet
Source: Globes Online
Rishon Le Zion :: Israel | updated 2013-04-28 03:56:28 -0700 | green-news
today signed a leasing agreement with Better Place to operate a fleet of electric vehicles. The fleet of several dozen Renault Fluence Z.E. cars will replace regular fuel vehicles in the company car pool. Under the agreement, Better Place will...
Discount Bank workers committee calls work dispute
Source: Globes Online
Rishon Le Zion :: Israel | updated 2013-04-28 03:56:26 -0700 | political-news
Histadrut (General Federation of Labor in Israel) that a work dispute has been declared, with a strike set to start in two weeks' time on May 10. The reason for the work dispute is the failure of workers committee chairman...
Finance Minister nixes raising women's retirement age
Source: Globes Online
Rishon Le Zion :: Israel | updated 2013-04-28 02:53:59 -0700 | political-news
36, Adrian Filut The 2013-2014 budget and the accompanying Economic Arrangements bill will not include any rise in the retirement age for women. Minister of Finance Yair Lapid has decided that the retirement age for women should not rise...
Court wants agreed IDB Development solution by Monday
Source: Globes Online
Rishon Le Zion :: Israel | updated 2013-04-28 03:57:15 -0700 | business-news
27, Efrat Peretz This morning, the Tel Aviv District Court began to hear the request of the representatives of the IDB Development bondholders, headed by York Capital and Psagot, to force a debt arrangement on the company. The two...
Private sector job openings up slightly
Source: Globes Online
Rishon Le Zion :: Israel | updated 2013-04-28 01:03:57 -0700 | business-news
22, Globes correspondent In the first quarter of 2013 there were rises in the number of jobs openings, in job placements, and in the positive net hiring balance, but also in the number of layoffs, according to analysis by...
Prolor shareholders mull blocking Opko acquisition
Source: Globes Online
Rishon Le Zion :: Israel | updated 2013-04-25 09:29:34 -0700 | business-news
Prolor's share price is falling, after several lawyers approached Prolor shareholders with offers to file lawsuits against the sale, on the grounds that the company could have sought a higher price. Dr. Philip Frost is both chairman of Opko and...
Mizrahi considers candidates to succeed Yones as CEO
Source: Globes Online
Rishon Le Zion :: Israel | updated 2013-04-25 08:49:53 -0700 | business-news
O Mizrahi Tefahot Bank grew strongly under Yones, and whoever succeeds him will probably find it difficult to replicate this growth. CEO Uri Paz, and Mizrahi Tefahot Bank VP and head of retail banking Yaakov Engel...He has worked with Yones...
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