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Volkswagen Volkswagen CEO visits Israel

Dr. Herbert Diess met Benjamin Netanyahu, visited Yad Vashem and discussed the development of robotaxis with Gett CEO David Waiser.

Roman Abramovich Abramovich helps sick Israeli children attend World Cup

68 Israelis including carers have been flown to Russia by the charity Fulfilling Dreams, following a six figure donation from Roman Abramovich.

Caesarea Photo: Moshe Shai Caesarea Foundation to pay NIS 800m to higher education

The Ministry of Finance and the Rothschild Caesarea Foundation have reached agreement on the financial disputes between them.

Sde Dov airport Photo: Shutterstock Environmentalists oppose keeping Sde Dov airport open

The Tel Aviv mayor wants to reduce the number of planned housing units on the site from 16,000 to 8,000 and keep the airport operating.

Prof. Luigi Zingales  photo: Eyal Izhar "Google and Facebook have excessive power over business"

Influential economist Luigi Zingales talks to "Globes" about digital monopolies, praises Netanyahu's grasp of economics, and reflects on the future of Europe.

vegetables Israel's CPI up 0.5% in May

Trend figures for February-May 2018 show an annual rate of inflation of 1.5%.

construction photo: Tamar Matzafi New home sales in Israel still slowing

Purchases of new housing units dropped almost 20% in the past 12 months.

Ori Allon Photo: Compass Ori Allon in talks to buy Boston Celtics stake

The Israeli entrepreneur is leaving basketball team Hapoel Jerusalem but sources inform "Globes" that he is negotiating for a stake in an NBA team.

Bank of Israel photo: Ariel Yerusalimsky Bank of Israel: Rents up, home prices down

Rents are rising faster, despite the fall in housing prices, according to the Bank of Israel Monetary Committee.

Hebrew University Hebrew University sets $1b fundraising target by 2025

The university is planning to allocate a quarter of the donations to high tech related subjects.

Green in the City community photo: Guy Nardi Community, not technology, will save our cities

A smart city is no substitute for a sense of belonging.

Tourism Ministry campaign Tourism to Israel keeps rising despite violence in south

395,900 tourists came to Israel in May 2018, 14% more than in the same month last year.

Osem  picture: Eyal Yitzhar Nestle moving Osem's accounts dept to Europe

30 of Osem's 50 bookkeeping department employees will be fired.

Bank of Israel  photo; Ariel Yeruzolimsky Israel's foreign exchange reserves fall fourth straight month

Over the past 12 months, Israel's foreign currency exchange reserves have risen from $106.2 billion to $114.7 billion, the Bank of Israel reports.

Technion Photo: Moshe Millner GPO Technion reaches 40% of $1.8b fundraising target

Technion president: The money is for the campus in Israel.

Kinneret Israel's drought combat plan getting underway

Water will flow into Lake Kinneret from the National Water Carrier for the first time and two more desalination plants will be built.

BMW electric  photo: PR Israel imposes higher purchase tax on luxury electric cars

Hybrids and plug-ins costing over NIS 300,000 will bear higher purchase tax rates like conventional luxury vehicles.

Eli Cohen Photo: Dudi Vakhnin Israeli gov't proposes expanding personal import limits

There will be a special track for items for home construction or renovation.

Moshe Kahlon  photo: Moshe Milner, GPO Treasury sees Israel's inflation rate below 2% till 2022

In a budget forecast update being presented to the government today, the Ministry of Finance has revised upwards its growth forecast for 2018.

Tel Aviv bike path photo: Meirav Modan Taking Israel's cyclists for a ride

Local authorities in Israel constantly proclaim grandiose plans for bicycle paths, and then fail to carry them out.

Eduardo Elsztain at Globes Capital Market Conference Elsztain: Argentine crisis won't influence our operations

Eduardo Elsztain told the "Globes" Capital Market Conference that IDB's problems have been caused by Cellcom's slide.

Treasury Photo: Lior Mizrahi Civil service perks that even high tech employees envy

Most private sector employees can only dream about the regular pay hikes, abundant vacation time and other benefits offered by public service.

employment photo: thinkstock The end of worker abundance

With the working population aging, worker abundance will end. Nirit Cohen analyzes where this may lead us.

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