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.
Business & Finance
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.
Heavy-hitter Israeli VC firm steps up to bat in New York
In 2021-2022, Jerusalem Venture Partners led funding rounds totaling more than $1.5 billion for its portfolio companies.
Israel looks to entice high-tech companies to invest in periphery
The government has set a national objective of increasing the rate of people employed in high-tech roles to 15% by 2026.
Bayer to establish cybersecurity hub in Israel
The pharma giant plans to integrate the hub into Bayer's global cyber unit. Local center to be one of the largest internal cyber units the multinational conglomerate operates.
'State will earn around $50B in taxes by exporting gas to Europe'
The CEO of NewMed Energy, which controls 45% of Leviathan says natural gas "is an extremely large economic anchor for Israel,” which is on its way to becoming "a major natural gas supplier to Europe."
Israel, Arkansas sign economic trade agreement
"It's going to make a big difference in the future of mobility and how we can improve our supply chains," Arkansas Governor Asa Hutchinson says.
Jerusalem, Brussels, Cairo sign MOU for export of Israeli natural gas to Europe
The signing of the MOU "is a tremendous moment in which little Israel becomes a significant player in the global energy market," Energy Minister Karine Elharrar says.