Tel Aviv Stock Exchange

Dead Sea Oil Reservoir ‘Entirely Within Israel’ Says Company

The Times of Israel reports: An Israeli company authorized to drill an oil reservoir near the Dead Sea, recently evaluated to contain NIS 1.2 billion worth of fuel, stressed Sunday that the area is located entirely inside Israel, which it said was a response to Arab media reports that the site stretched into Palestinian territory.

An aerial view photo shows large salt formations in the southern part of the Dead Sea, near Ein Boqek, on November 10, 2011.

Israeli Stocks Rise Despite Triple Terror Attacks

TEL AVIV – A spate of terror attacks on Tuesday did not slow down Israeli stocks, which hit a new high when the Tel Aviv Stock Exchange closed on Wednesday. Rising stocks outnumbered declining ones on the Exchange by 195 to

Market displays on a monitor show the latest international currency rates, in green, and fluctuations in the Israeli stock market, as a broker keeps an eye on the news of Israeli Prime Minister Ariel Sharon's slightly improved health in the trading room of the First International Bank of Israel January …

Nestle to Buy Rest of Israeli Foodmaker Osem for $840 Million

Swiss food giant Nestle has agreed to buy out minority shareholders in Israel’s largest listed foodmaker Osem for about $840 million, increasing foreign ownership of leading Israeli food producers. Nestle has invested in Osem for over 20 years and already

A crow flies above a sign of the world's biggest food company Nestle at their headquarters on August 10, 2011 in Vevey. Nestle posted a 13.7 percent fall in first half net profit to 4.7 billion Swiss francs ($6.5 billion, €4.5 billion), hurt by the strong Swiss franc against most …