Castro-Hoodies Group and Renuar Group, two competing fashion retailers, announced a first-of-its-kind partnership to launch ANTA in Israel. The Chinese sportswear giant has annual sales of about $11 billion, with roughly 10,000 stores in China and another 250 outside the country. Under the agreement, Castro-Hoodies will hold a 51% stake in the new subsidiary, Renuar…
Israel’s seasonally adjusted unemployment rate climbed to 3.1% in July 2026 from 2.9% in June, reaching its highest reading since January. The number of unemployed people increased by 20.2 thousand from the previous month and by 5.7 thousand from a year earlier to 148.2 thousand. Meanwhile, employment rose by 11.1 thousand month-on-month and 42.2 thousand…
Since early March, a previously obscure waterway between Iran and Oman that very few people could name has become the subject of daily reporting around the world after Iran closed it in response to the attack on Iran by the United States and Israel. The Strait of Hormuz, which remains closed to most ships, is…
For much of the past two decades, Israel’s technology sector was defined by startups built to move quickly and scale globally, helping turn a country roughly the size of New Jersey into the “Startup Nation.” Now, more companies are emerging from laboratories, research institutes, and engineering departments, built around scientific breakthroughs that can take years…
David Tur is one of Israel’s most influential restaurant entrepreneurs, although few people outside the industry would recognize his name. His portfolio stretches from neighborhood pizzerias and burger joints to wine bars, Italian restaurants and ice cream shops. He has been involved in roughly 50 businesses, owns a significant amount of commercial real estate in…
(Aug. 17, 2026 / JNS) Since Monday, Aug. 10, the Arab village of Qusra in Area B of Samaria, under Israeli security control and Palestinian Authority municipal control, has emerged as a flashpoint after Israeli civilians established themselves in a makeshift encampment near Palestinian homes on the outskirts of the village. The Israel Defense Forces…
Two months after Washington and Tehran agreed to end hostilities, there is still no clear path for normalizing energy trade through the Strait of Hormuz. For Japan, crude oil procurement costs remain high and elevated prices are weighing on corporate activity. Even though the United States and Iran were expected to negotiate a peace agreement…
But industry insiders warn that appearances can be deceiving, and that behind the scenes, Israeli television is struggling in ways not yet apparent to audiences but which may hurt the industry in a few years. “An industry being healthy and viewers being happy are not the same thing. I wouldn’t say the industry is healthy….
Over 1,200 members of Israel’s Unit 8200 alumni community are expected to gather for the 8200 Alumni Association’s annual conference next month, bringing together entrepreneurs, technology professionals, investors, and business leaders as the organization looks to strengthen connections across one of Israel’s largest professional networks. The conference, which draws participants from a range of industries,…
9 US-Israel-Iran War Latest Live News: The war is widening diplomatic and economic pressure across West Asia, with Israel warning Hezbollah of more attacks, Iran defending its control over the Strait of Hormuz and Tehran opening another diplomatic dispute with France. Israel has threatened further military action in Lebanon after continued tensions with Hezbollah. At…
