Mobileye shares sink as China EV demand ebbs
Mobileye's shares were trading at $33.17 per share, down about 23%.
Business & Finance
Israel's tech sector feels SVB collapse, proposed judicial reform
More than half of the country's startups held an account with SVB, companies and venture capital investors said, in some cases their only US banking facility although the amounts involved are not fully known.
PM vows to help Israeli high-tech amid SVB's collapse
"We have an obligation, of course, to try to protect these companies, whose main operations are in Israel and will remain in Israel, and also their employees," Netanyahu tells cabinet.
JP Morgan cautions investors amid Israel's 'domestic volatility'
As the protests over the government's proposed judicial reforms see no signs of abating, the largest US investment bank warns that "the scale of economic/market impact is difficult to judge at this stage, but it can be a medium-term negative."
India's Adani vows to keep investing in Israel after Haifa port takeover
Adani spoke at a ceremony in Haifa welcoming Adani Ports APSE.NS and local chemicals and logistics group Gadot - the partners who purchased the port for 4 billion shekels ($1.15 billion).
Israeli tech firms to stage warning strike against court reform
The list of companies planning to join the measure numbers over 130 entities and includes such internationally renowned brands as Wiz, INX, Cheq, Natural Intelligence, and Luminescent.
New York sues Celsius Network founder Mashinsky, alleges crypto fraud
The civil lawsuit seeks to ban Mashinsky from doing business in New York and have him pay damages for violating laws.
Unilever settles dispute with Ben & Jerry's over Israeli sales
“I am pleased that the litigation between Unilever and the independent board of Ben & Jerry’s has been resolved,” Israeli licensee says.
Shekel falls to its lowest level versus dollar since July
Bank Hapoalim's chief financial-market strategist notes that the dollar serves as a safe haven when markets drop.
Entrepreneurship program gives Bedouin businesswomen a boost
Women's Empowerment Program is divided into two categories – women who have businesses and want to market their brands; and those who want to work in social entrepreneurship.