Leumi estimates that it will need to write down the value of its 14.2% stake in Valley National Bancorp by NIS 1b, as shares in the US bank have lost 33% of their value this year

Airline enjoys uninterrupted activity thanks to open skies, sees a significant financial improvement -- the result of increased demand, higher prices and a $117 million tax break

Israel's flagship airline loses $531 million for year, vs loss of $59.6 million in 2019; revenues from operations plunge 71%; new management setting out multi-year strategy plan