2014 Nobel Prize in economics: Who’s in the frame to win? October 13, 2014 Later today the Nobel Prize in economics will be announced. Winners of the prestigious award are notoriously hard to predict but a slew of gifted economists have been mentioned as strong contenders. Last year, the prize in economic sciences was awarded to Eugene Fama, Lars Hansen and Robert Shiller for their work in predictions. Or [...]
Easyjet passenger numbers rise despite crisis in Ukraine September 4, 2014 Sanctions and conflicts are causing problems for the airline industry – and with some areas off limits, investors were watching to see how EasyJet's latest passenger figures would stand up. Very nicely indeed, it turns out. In a statement posted this morning, the airline said passenger numbers rose 510,731 on the same month last year, [...]
Protalix share price slumps on Ebola vaccine doubts September 8, 2014 Shares in Israeli pharmaceutical company Protalix fell on the Tel Aviv Stock Exchange (TASE) yesterday, after comments made by the company's chief executive cast doubts on its ability to develop an anti-Ebola drug quickly and effectively. On Saturday, Israel's Channel 2 reported that the company's facility in the north of the country was one [...]
Champions League: City continue continental stutter October 21, 2014 CSKA MOSCOW 2 MANCHESTER CITY 2 OPTIMISTIC Manchester City boss Manuel Pellegrini refused to accept the odds are now stacked against his side qualifying for the Champions League knockout phase despite surrendering a two-goal lead against CSKA Moscow in the Russian capital yesterday. Israel’s Bibras Natkho held his nerve to convert a late penalty and [...]
Apple buys Israel’s PrimeSense November 18, 2013 Apple has bought PrimeSense, an Israeli maker of chips that enable 3D machine vision, for $345m (£213m), the Israeli financial newspaper the Calcalist reported yesterday. PrimeSense has raised $85m from Israeli and US venture capital funds such as Canaan Partners Global, Gemini Israel and Genesis Partners, Calcalist said. “We do not comment on what any [...]
We’re staring into the abyss in Gaza: Only the US can halt this deadly cycle July 21, 2014 “If you want to make peace, you don’t talk to your friends. You talk to your enemies.” Moshe Dayan, Israeli politician and military leader IN GAZA, the inexorable logic of destruction continues apace. Since the Israeli ground incursion into the Hamas-dominated enclave began on Thursday, the death toll has risen tragically. Sunday was the worst [...]
Yo app warns Israelis of incoming Palestinian missiles July 14, 2014 The idea behind the much-talked-about YO app, which allows users to send messages to each other saying nothing more than “yo”, is that the word can be interpreted differently depending on the context. But this is a context no one was expecting: it is now being used by Red Alert, an Israeli missile notification [...]
Publicis Groupe buys a discounted 20pc stake in Matomy Media October 13, 2014 French advertising giant Publicis Groupe bought a 20 per cent stake in Israel-based digital advertising group Matomy Media for 227p per share yesterday, with an option of buying another 4.9 per cent. The deal was done below Matomy’s Friday closing price of 238p and the Israeli group’s founding shareholders were given permission by the broker [...]
New ceasefire effort for Gaza August 10, 2014 ISRAEL and the Palestinians agreed last night to an Egyptian proposal for a new 72-hour ceasefire in Gaza, officials from either side said. In a statement, Egypt’s Foreign Ministry urged “both sides to exploit this truce to resume indirect negotiations immediately and work towards a comprehensive and lasting ceasefire agreement”. Hamas spokesman Sami Abu Zuhri [...]
As the conflict in Gaza continues, are we seeing a realignment of the Middle East? July 31, 2014 Carly Beckerman-Boys, visiting fellow at the LSE’s Middle East Centre, says Yes. The Gaza conflict has shone a light onto heightened tensions and muscle flexing between regional Arab leaders. Their jockeying over whether to force or entice Hamas into a ceasefire has made old and new regional dividing lines far more visible. Egypt, Jordan and [...]