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Business news from Jewish Life.
- Israir in talks to acquire debt-laden rival Arkia as losses mount
Israel's second-largest carrier at Ben Gurion Airport has confirmed it was approached about buying Arkia Israel Airlines, which is on course to lose between $50 million and $60 million this year....
- Tel Aviv court clears debt deal for REE Automotive, once valued at $3.1bn
A Tel Aviv district court has approved a debt settlement for REE Automotive, an Israeli software-defined vehicle company that listed on Nasdaq five years ago at a $3.1 billion valuation and has...
- $1,000 Buys ₪3,128 This Week, Against ₪3,259 a Year Ago
Jewish Life's weekly shekel reading: the Bank of Israel's representative rate is 3.128 shekels to the dollar, so $1,000 sent to Israel today is worth ₪3,128.
- $1,000 Buys ₪3,107 This Week, Against ₪3,298 a Year Ago
Jewish Life's weekly shekel reading: the Bank of Israel's representative rate is 3.107 shekels to the dollar, so $1,000 sent to Israel today is worth ₪3,107.
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