The loan agreement signed with the banks three months ago by IDB Group’s former controlling shareholder Nochi Dankner has collapsed. As a result, the banks today filed a request to declare Dankner bankrupt in the Tel Aviv Magistrate’s Court. Dankner recently failed to pay the banks as part of the new debt settlement. Dankner allegedly…
Gadi Eisenkot welcomed the merger but did not say whether he would join Bennett and Lapid. Former Prime Minister Naftali Bennett and opposition leader Yair Lapid MK have announced the merger of their political parties ahead of the upcoming Knesset elections, which should be held before the end of October 2026. Bennett will head the…
A five-room detached house on a 423-square-meter plot at 20 Sapir Street in the Ramat Effal neighbourhood of Ramat Gan has been sold for NIS 8.4 million. The agreement was signed in February, two weeks before the start of the war with Iran. The Ramat Ifel neighbourhood began as a kibbutz west of the Sheba…
Mega Or (TASE: MGOR), the income-producing real estate company controlled by Zahi and Efrat Nahmias, reported today that it had purchased the former Alliance Tire Company factory site in Hadera for NIS 1 billion in cash. Following the announcement, the company’s share price rose sharply, closing 7.06% higher. The stock is expected to enter the…
Gas prices and retirement accounts shouldn’t react to the same news, but they have lately. Famous former hedge fund investor Michael Burry argues that the stock market is not only responding to the US war with Iran but is also being shaped by how quickly the US tries to end it. Barry, the “Big Short”…
Recent headlines suggest that Tesla (NASDAQ: TSLA) shares could be a good investment. At one point the stock fell 30% from its December peak as it lost its global lead to a battery-powered electric vehicle (BEV) rival. BYD Company (OTC: BYDDY). Now he has regained that letter. However, there are always additional factors to consider….
The number of US-traded exchange-traded funds (ETFs) has grown so rapidly. It is inevitable that many new funds will be similar to existing ones. In the case of the Sprott Rare Earths Ex-China ETF (REXC), there is a clear difference from everything that came before it. REXC debuted on Tuesday, so it currently has just…
