Business and Economy
Its oil exports dropped to a record low, averaging just 70,000 barrels per day in April compared to 287,000 in March.
Ten farms, five factories with Health Ministry approval • Companies already closing deals with buyers in Europe and Canada.
A “green” list of countries with low rates of infection would be the initial destinations in restarting flights.
Separately, the Iranian rial—now toman—hit its lowest rate against the dollar since 2018 as U.S. sanctions have damaged the economy. A dollar was being traded for as much as 170,000 rials.
The firm that wins the tender would operate it for 25 years.
The government is requiring the airline to fire 2,000 employees, around 33 percent of its workforce.
A new program offers inspiration to a small but growing group that focuses on skills, opportunities and inspiration in the face of the coronavirus.
Israeli Defense Minister Naftali Bennett said that “Jewish creativity and ingenuity brought about this amazing development.”
“This is the first year in the history of that conference that they opened it up to Israeli companies,” said David Yaari of the new Arizona-Israel Trade and Investment Office.
The chip giant plans to combine Moovit with self-driving-technology specialist Mobileye, which it purchased in 2017 for $15 billion.
Justice Department says Israel’s biggest bank admits assisting U.S. clients to evade taxes • Hapoalim to pay $874 million to settle tax-evasion claims, $30 million over international soccer federation affair.
Controversy ensues over members invited to address the participants.
