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Business · BeijingJack Ma, founder of Chinese e-commerce giant Alibaba, has been living in Japan for at least six months, according to a report. The usually high-profile Mr. Ma has stayed away from the public spotlight in China for more than two years and has avoided public engagements. Many wealthy Chinese have left the country since 2020, to avoid the continuing pandemic restrictions.See the Story
After 2020 showdown with Chinese regime, Alibaba founder Jack Ma reportedly living in Tokyo
42% Center coverage: 31 sources
Middle East · IsraelIndustry Absolute Growth Rate [in %] Compound Annual Growth Rate (CAGR) [in%) Revenue 2018 [in million Shekels] Revenue 2021 [in � million Shekells] Number of employees 2021 Founding Year Listed on Stock Exchange 1HolistoRishon LeZionHospitality & Travel17420.9%459.6%0.348.72682015No2AmplioHaifaEducation & Social Services15400.0%437.2% 0.346.5882014No3BeeHeroTel AvivAgTech6504.1%304.2%.0.424.3292017No4BlazePodTel AvivSports Tech2738.2See the Story
Globes, Statista publish list of fastest growing companies in Israel
100% Left coverage: 1 sources
Smotrich and Deri to rotate as Finance Minister
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Olaf Scholz · GermanyGermany is in talks to buy the Arrow 3 missile defense system from Israel, Prime Minister Yair Lapid said. Germany has ramped up its military spending after Russia sent troops into Ukraine in February. Arrow 3 interceptors are designed to fly beyond the earth's atmosphere where their warheads detach to become "kamikaze" satellites.See the Story
Germany in talks to buy Arrow 3 missile defence from Israel
Coverage: 4 sources
TechBloomberg News: Intel plans to lay off employees across a number of divisions. Company has suffered from a decline in demand for PC processors, or computer chips. In July, the company reduced its full-year revenue guidance. Intel is scheduled to share its third-quarter earnings in just over two weeks.See the Story
Intel reportedly laying off thousands of workers
67% Left coverage: 3 sources
Israeli co Nectin Therapeutics raises $25m
Election Day · IsraelGasoline prices in Israel will rise by NIS 0.09 per liter on Tuesday at midnight to NIS 6.46 per liter. Normally gasoline prices are revised on the first of the month but the update has been postponed until November 2 because of the elections on Tuesday. In recent months the government has tried to dampen inflation by temporarily reducing excise on fuel.See the Story
Price of Gasoline to Rise — Again — at Midnight on Election Day
100% Right coverage: 1 sources
TechIsraeli insurtech company Vesttoo has announced the completion of an $80 million Series C financing round at a company valuation of $1 billion. The financing round was led by Mouro Capital with the participation of Gramercy Ventures, Black River Ventures and Hanaco Ventures. Vesttoo was founded in 2018 by CEO Yaniv Bertele, CPO Alon Lifshitz, and CTO Ben Zickel.See the Story
Tel Aviv-based Vesttoo, an AI-powered risk transfer marketplace connecting insurers and investors, has raised an $80M Series C at a $1B post-money valuation
StartupsShalev Hulio is leaving NSO Group, 12 years after founding the Israeli cyberattack company with Omri Lavie and Niv Karmi. He has founded Dream Security, a company focusing on cybersecurity for critical infrastructures. Sebastian Kurz, who was Chancellor of Austria until last year, will serve as Dream's president and VP business development.See the Story
Former NSO CEO, Ex-Austrian Chancellor Start Cybersecurity Firm
100% Left coverage: 1 sources
Interest Rates · Israel Monetary Committee of Bank of Israel decided Monday (Oct. 3) to increase the interest rate by 0.75 percentage points, to 2.75%. Inflation in Israel is above the upper bound of the target range at 4.6 percent over the past 12 months. The shekel was particularly weak, dropping by 8 percent against the US dollar.See the Story
Bank of Israel Hikes Interest Rate by 0.75%, Citing High Inflation
100% Right coverage: 1 sources
