Japanese lenders are tapping into the common feature of whisky and other fine spirits that take time to mature, to extend distillers financing. One approach...
Polestar 4 EV to feature Mobileye’s hands-off autonomous driving technology
Polestar, the performance electric vehicle brand from the Geely Group, has announced that it will collaborate with Mobileye, a leader in autonomous driving technology, to...
Rafael’s Record Earnings Boosted by Air Defense System Sales
Rafael Advanced Defense Systems, a government-owned defense company in Israel, has reported record earnings and order backlog for the second quarter and the first half...
Gold Price Maintains Its Upward Trend Amid Global Uncertainty
Gold price has been showing a positive stability in the past few days, as it attempted to break the 1913.15 level on Friday but ended...
Oil Prices Face Resistance as Demand Growth Slows Down
Crude oil price tested the key resistance level of 80.65 USD per barrel on Friday, but failed to break above it, as the market remained...
Oil prices rebound after two-week slump, WTI nears $80 mark
Oil prices rose slightly on Monday, recovering from a two-week decline, as investors awaited economic data from China, the world’s largest oil importer. U.S. crude...
Israel’s High Cost of Living Tops OECD Countries in 2022
According to new data from the Organization for Economic Co-operation and Development (OECD), Israel had the highest cost of living among its member countries in...
Singapore’s Core Inflation Eases to 3.8% in July Amid Lower Energy and Transport Costs
Singapore’s core inflation, which is closely monitored by the central bank to guide its monetary policy, eased for the third consecutive month in July, according...
Amazon employees quit over relocation mandate
Some Amazon employees have decided to quit their jobs rather than relocate to a different state as part of the company’s return-to-office policy. The e-commerce...
Pound Sterling Price News and Forecast: GBP/USD remains under pressure amid strong USD and mixed sentiment
The GBP/USD pair continues to trade below the mid-1.2700s level, as the US Dollar (USD) remains strong and the market sentiment is mixed. The pair...
Shufersal’s Q2 Results Show Resilience Amid Pandemic
Shufersal, Israel’s leading retailer, announced its financial results for the second quarter and the first half of 2023, showing stability and diversification in its core...
Global stocks suffer worst month in a year amid China and US woes
Global stock markets have lost about $3tn in value this month, as a “witches’ brew” of gloomy Chinese economic data and surging US borrowing costs...
AUD/USD rebounds from 10-week low as US dollar weakens ahead of PMI data
The Australian dollar gained some ground against the US dollar on Wednesday, recovering from a 10-week low of 0.6405 reached on Tuesday. The AUD/USD pair...
Seaport Research Partners Downgrades S&P 500 Outlook Amid Rising Volatility
Seaport Research Partners, a Wall Street firm, has lowered its year-end target for the S&P 500 index from 4,650 to 4,500, citing increasing volatility in...
Teva and Glenmark to pay $255 million for drug price-fixing in the US
Teva Pharmaceutical Industries Ltd. and Glenmark Pharmaceuticals Ltd. have agreed to pay a total of $255 million in criminal penalties and make divestitures as part...
Oil prices fall on worries of rate hikes and China’s economic slowdown
Oil prices dropped on Wednesday, extending the losses from the previous session, as concerns over higher interest rates in the US and lower growth prospects...