Teva to produce new complex drugs outside Israel

One of the long-term growth engines mentioned by Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) CEO Kare Schultz is biosimilars - generic versions of complex biological drugs, which are becoming a platform in Teva's…

Decathlon to open Netanya store

French sporting goods retail chain Decathlon has reached an agreement to open its fifth Israeli store, sources inform "Globes." The 3,000 square meter store will be in Netanya and estimates are that Decathlon will pay…

IKEA to open Tel Aviv store

The relatively small store by the Swedish furniture giant's standards will be in Pavilion 11 at Tel Aviv Port, sources inform "Globes." Swedish furniture giant IKEA is to open a store in Tel Aviv, sources…

CloudEndure confirms acquisition by Amazon

Israeli cloud computing company CloudEndure has confirmed that it has been acquired by Amazon's cloud services unit AWS, as first reported by "Globes" earlier this week. A notice on CloudEndure's website says, "CloudEndure is now…

Wind e-scooters begins Tel Aviv operations

German e-scooter company Wind launched its electric scooter services in Tel Aviv and will compete with Bird, which has been operating in Israel since last August. The company's plans were first reported by "Globes last…