Israeli Biotechnology Incubator FutuRx Announces Its First 2 Companies
FutuRx, an Israeli biotechnology incubator located in Weizmann Science Park, announced that its first two biotechnology companies, Hepy Biosciences and XoNovo, have started operations. The companies More...
George Soros Calls for Massive Economic Aid to Near-Bankrupt Ukraine
Billionaire financier George Soros has urged the West to step up aid to Ukraine, outlining steps towards a $50 billion financing package that he said should be viewed as a bulwark against an increasingly aggressive More...
Chinese Bright Food to compensate Apax over delay in deal Of Israel’s Largest Food Wholesaler
The Chinese company will pay Tnuva’s controlling shareholders $29.4 million. Apax Partners, managed in Israel by Zehavit Cohen, and Chinese food giant Bright Food has signed an agreement More...
Environment: The Adaptation Imperative
By Achim Steiner In the run-up to the recent United Nations meeting on climate change in Lima, Peru, much of the world’s attention focused on how strongly countries would commit to a framework for cutting More...
New Israeli VC Funds Raise $825 Million in 6 Months
2015 is shaping up to be a great year for investments in Israeli start-ups. This can be seen from the fact that in the past few months leading Israeli venture capital firms have closed new financing. These funds More...
Azrieli Group Mulls up to 256 Million Debt Issue
– Its quality assets and low leverage have given Azrieli Group an AA debt rating. – Azrieli Group Ltd. (TASE: AZRG), Israel’s leading real estate company, is considering a primary public More...
Hans-Werner Sinn, Prof. of Economics and Public Finance: Europe’s Shadow Budget
– More details about the European Commission’s €315 billion ($390 billion) investment plan for 2015-2017 have finally come to light. The program, announced by European Commission President Jean-Claude More...
Israel’s Check-Cap Planning $15 Million NASDAQ IPO
Israel’s Check-Cap Ltd., a clinical stage medical diagnostics company engaged in the development of gastrointestinal imaging devices for the screening for colorectal cancer, announced that it has filed More...
China unveils fresh support for outbound investment
– China will simplify currency rules and step up credit support for firms investing overseas, the cabinet said on Wednesday, It was the latest move by the government to tackle excess factory capacity More...
Carl Icahn Keeps the Lights On in Atlantic City for One More Year
The Trump Taj Mahal, a casino hotel in New Jersey’s struggling Atlantic City gambling hub, could stay open for all of 2015 with a $20 million financing package from investor Carl Icahn, lawyers for More...