Reuters: Telecoms group says revenue rose 3% to NIS 833 million ($256), returning to pre-pandemic levels, propelled by a quick roll-out of a fibre optics network
Reuters: Israel's largest telecom group says it is advancing a plan to merge two business units to cut costs and speeding up deployment of a fiber-optic network
Reuters: The nation's flagship airline said it is cutting 1,900 posts as part of a broader plan to recover from COVID-19 impact, even as its net loss narrowed in the first quarter
Reuters: Israel's largest lender posts a bigger-than-expected surge in quarterly profit, earning NIS 1.354 billion ($412 million) vs NIS 192 million in Q1 2020
Remote work trends dictated by the virus pushed businesses online, propelling demand for the company's freelancers' services; Fiverr raises revenue growth forecast for 2021
Reuters: First-quarter profit is in line with estimates; drugmaker on track to meet 2021 targets as sales in Huntington’s treatment Austedo and migraine product Ajovy rise
Reuters: Leumi, one of Israel’s two largest banks, lost NIS 232 million ($66 million) in the first quarter, compared with a net profit of NIS 1.09 billion a year earlier
Reuters: The 31% decline in quarterly profit stems from a surge in credit loss provisions aimed to protect bank from potential bad loans stemming from the coronavirus pandemic
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