Amazon and New York City are friends again. Months after the retail giant quit the city in a huff over opposition to its planned corporate headquarters, an Amazon Go store quietly appeared in Manhattan at…
How Fanbytes harnesses the power of TikTok
Having made its name as a pioneering marketing start-up on Snapchat, Fanbytes has now expanded its offering to Instagram and, most recently, TikTok. The company, started by 23 year-old Timothy Armoo (pictured), launched on TikTok…
Lime trials pre-booking e-scooter service in Israel
US dockless e-scooter rental company Lime has launched a new service. Lime has chosen Israel as the first country in the world to try out advanced ordering of e-scooters through an app, by pre-booking it…
Strengthening shekel trading at record levels
The shekel has never been stronger against the basket of the world's major currencies and is at its strongest for 12-months against the dollar. The shekel is strengthening today against the dollar and against the…
Housing price falls have halted
The decline in housing prices between late 2017 and January 2018 has halted. Since February 2019, housing prices have remained largely unchanged. The 0.6% rise (subject to revision) in the most recent housing prices index…
BrainsWay raising $30m on Nasdaq
Israeli medical devices company Brainsway Ltd. (TASE:BRIN) today announced its first Nasdaq financing round. The company's market cap on the Tel Aviv Stock Exchange (TASE) today was NIS 327 million, following a 9% fall in…
Romanian bank to buy Leumi Romania
Bank Leumi today reported that it had signed an agreement to sell Leumi Romania to First Bank, controlled by US investment fund JC Flowers. After failing to sell Leumi Romania to the ARGO fund because…
Israel Aerospaces OPAL is battlefield game-changer
OPAL is based on forming a decentralized communication cloud for all members on the ground, in the air, and at sea, to allow real time information sharing. Israel Aerospace Industries Ltd. (IAI) (TASE: ARSP.B1) has…
Perrigos Yeruham employees want bonus ahead of $2.5b…
While Perrigo Company (NYSE:PRGO; TASE:PRGO) is in advanced talks for the sale of its prescription drug activity for what is likely to be more than $2.5 billion, "Bloomberg" reported two weeks ago, workers at Perrigo's…