Seasons Supermarket Chain Files For Bankruptcy
The Seasons supermarket chain of nine stores, including Central Avenue in Lawrence, New York, filed for bankruptcy protection according to court papers available online on Monday. Company executives say...
Directors of Israel’s Teva Pharmaceuticals Cut Their Salaries in Half
A Teva building in Jerusalem. Photo: Reuters / Ammar Awad.
The board of directors at Teva Pharmaceutical Industries, which is reducing its workforce by more than a quarter as part...
Turkish Business Leader to Head Israel-Palestinian Arab Arbitration Center
Rifat Hisarcıklıoğlu. Photo: Wikipedia
The Israeli and Palestinian Arab business communities have picked Rıfat Hisarcıklıoğlu to head the Jerusalem Arbitration Center (JAC), which mediates commercial conflicts between the two sides.
Hisarcıklıoğlu,...
Canada, Israel sign free trade deal
Israel and Canada on Monday signed a modernized free trade agreement in what has been described as a historic step in the countries’ bilateral relations.
Canadian International Trade Minister Francois-Phillippe...
Rouhani Says Iran Protests About More Than Economy
Iranian President Hassan Rouhani. Photo: UN Photo / Cia Pak.
In a swipe at hardline rivals, President Hassan Rouhani said on Monday young Iranian protesters were unhappy about far more...
Amid Hamas threats, it’s business as usual for Israel’s airport
Sirens were heard early on Thursday morning in the Gaza border area, after a relatively quiet night in Israel.
Earlier, at around 3:00 a.m. the Iron Dome system shot down...
Business briefs
Stock drop US stocks fell in a broad market sell-off yesterday, led by a sharp fall in Apple shares on worries about slowing demand for its products and weaker-than-expected...
Leading Indian Business School Opens Israel Center in Bid to Intensify Academic, Economic Cooperation
IIM Bangalore Director Prof. G. Raghuram speaking at the inaguration of the school's Israel Center. Photo: IIM Bangalore.
A leading business school in India has opened a dedicated Israel Center...
T-Mobile Deal for MetroPCS Lifts Pressure on Sprint
By clinching a deal to buy MetroPCS, T-Mobile USA is aiming not only to survive but also to turn up the pressure on its larger rival, Sprint Nextel.
The merger,...
Palestinians Threaten Their Own Businessmen
by Khaled Abu Toameh
GATESTONE INSTITUTE
So far, not one Palestinian Authority official has come out in public against the campaign of intimidating Palestinian businessmen. It will not only foil Kerry’s plan,...