Israel Financial System Resilient Despite Wars, Central Bank Says February 11, 2025 By Steven Scheer Israel’s financial system shows “high resilience” despite the country’s military conflicts and ongoing geopolitical uncertainty that have persisted for more...
Israel Cyber Firms Raise $4 Billion in 2024 on Surge of Cloud, AI Security Needs January 8, 2025 By Steven Scheer Israeli cybersecurity firms raised $4 billion in 2024, more than double that of 2023, led by firms seeking to protect...
Israel Cyber Firm Claroty Eyes 2025 US IPO at $3.5B Value: Report April 9, 2024 By Steven Scheer Israeli cyber security startup Claroty is preparing a possible U.S. initial public offering in 2025 at a valuation of $3.5...
Aviation War Insurers Cancel Cover for Airlines Domiciled in Israel, Lebanon: Sources October 19, 2023 By Carolyn Cohn, Noor Zainab Hussain and Steven Scheer Aviation war insurers have given notice to cancel cover for some airlines domiciled in Israel and Lebanon because of the...
Fintech Vesttoo to Slash Jobs After Fake Collateral Scandal August 2, 2023 By Steven Scheer Financial services company Vesttoo said on Tuesday it was laying off about 75% of its staff and closing some offices...
Abu Dhabi’s ADQ Leads Consortium to Buy Stake in Israel’s Phoenix Group December 14, 2022 By Hadeel Al Sayegh and Steven Scheer A consortium led by Abu Dhabi state holding firm ADQ are in advanced negotiations to acquire a controlling stake in...
Drug Manufacturer Teva to Pay $523M to New York in Opioid Settlement November 4, 2022 By Steven Scheer Teva Pharmaceutical Industries Lts. will pay up to $523 million to New York State as part of a nationwide settlement...
Teva Pharm Expects to Start Paying U.S. Opioid Settlement in 2023: CEO September 19, 2022 By Steven Scheer Teva Pharmaceutical Industries expects to finalize an opioid settlement in the United States by year-end and start paying in 2023,...
Teva Pharma Sees Nationwide U.S. Opioid Settlement in 2022 May 3, 2022 By Steven Scheer Teva Pharmaceutical Industries believes it would have to pay around $2.6 billion in cash and medicine to settle thousands of...