After leading efforts by big businesses amid pandemic to secure billions in government grants, fashion chain CEO accused of 'swinish' behavior says funds no longer necessary

Fashion chain's CEO Harel Wiesel led campaign to secure gov't grants for big businesses, reportedly getting over NIS 13m; now it is handing out NIS 49m in benefits to shareholders

Israel one of just 3 OECD countries without a tax or emissions trading program to cut gas emissions, but new workshop of experts suggests this might change

Nonprofit Ogen social bank seeks to fill gap with philanthropy-backed loans, but much more is needed to battle financial squeeze caused by pandemic

Reuters: All 12 economists surveyed in poll said the central bank would keep rates unchanged, after cutting them from 0.25% on April 6

The banking industry veteran replaces Hedva Ber at the post; sees his role as ensuring stability of banks while boosting competition and digital development

Banking Supervision Department is set to authorize Amnon Shashua taking full control of bank, after co-founder Marius Nacht bows out, person familiar says

Shashua to buy holdings of co-founder Marius Nacht and inject $60 million into the fully digital bank, which expects to start operations in 2021

Globes: Bank of Israel said to have purchased unknown amount of foreign currency Tuesday morning when shekel-dollar exchange rate fell below NIS 3.50/$

Hundreds of large businesses refused to reopen Sunday, citing lack of state monetary support; they are expected to resume operations over the next few days as new funds approved