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Bank Leumi posts 30% rise in Q3 profit to NIS 2.3b
A week after Globes reported on Bank Leumi's restrictions on deals related to contractor loans to homebuyers, the bank's third-quarter financial statements released this morning contain clues as to the reasons for the…
Advance Plans to Borrow Against $1.2 Billion Reddit Stake
(Bloomberg) -- A Reddit Inc. shareholder is seeking... to establish credit facilities using an ownership stake in the company, according to a person familiar with the matter. Most read from Bloomberg Advance Magazine Publishers Inc.,…
Sam Altman has an idea to get AI to ‘love humanity,’ use it to poll billions of people about their…
He is confident that this trait can be integrated into AI systems, but he is not sure.
“I think so,” Altman said when asked that question during an interview with Harvard Business School Senior Associate Dean Deborah Spar.
The…
John Lewis CEO criticises Rachel Reeves over ‘two-handed’ tax increase
Nish Kankiwala, chief executive of the John Lewis Partnership, has accused Chancellor Rachel Reeves of carrying out a “two-handed” tax grab on retailers, as she joined a growing backlash against the latest budget.
Kankiwala said…
Unemployment in Israel falls to new low
The unemployment rate in Israel fell to 2.5% in October, according to the Central Bureau of Statistics, compared to 2.7% in September.
Unemployment, as defined in the broadest sense including the unemployed,…
Dow, S&P 500 jump after Nvidia earnings, while Alphabet tumbles
US stocks whipsawed Thursday as investors digested Nvidia's (NVDA) earnings and a tumble from Alphabet (GOOG, GOOGL) amid a Department of Justice move to break up its empire. The Dow Jones Industrial Average (^DJI) led the way higher,…
Is your corporate board ready for AI?
Florian Rotar, chief AI officer at Avanade, warns that there is a growing disparity between organizations with boards well-versed in generative AI and those that need to catch up.
“I'm a little concerned that we're going to see this…
Virtue Drinks Secures £2 Million Investment from BrewDog Co-Founder and England Footballer
Virtue Drinks, the UK's fastest growing clean energy drinks brand, has announced the successful closing of a £2 million investment round.
This latest financing brings the company's total investment to more than £5 million. Notable…
WestBond reports Financial Results for the Quarter ended September 30, 2024
Article contentDELTA, British Columbia, Nov. 21, 2024 (GLOBE NEWSWIRE) -- WestBond Enterprises Corporation (TSX-V: WBE) is pleased to announce that the company continues to increase its quarterly dividend. Net profit for the quarter ended…
Elbit Systems orders backlog grows to record $22b
Defense company Elbit Systems (TASE: ESLT, Nasdaq: ESLT) announced another record order backlog at the end of the third quarter: $22.1 billion, representing growth of $1 billion during the quarter. Quarterly revenues…
