Sharply

This morning, In an unusual move, the Bank of Israel announced a program of intervention in the foreign exchange market, saying that it would sell foreign currency sales to the tune of $30 billion. Despite this, the…

Increasing numbers of children from poor backgrounds are being suspended from schools in England since the pandemic, according to analysis that estimates more than 3,000 pupils were sent home every day.The analysis was published as…

Since the start of 2023, clothing prices in the Consumer Price Index (CPI) have fallen by 6%, even though inflation over the past 12 months has been 4.2%. In June's CPI, which was published last Friday and was…

ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) has cut its guidance for full year of 2023. The Israeli company now expects to generate adjusted EBITDA of $1.2 billion to $1.6 billion after previously expecting adjusted…

The shekel has been strengthening sharply today against the dollar and against the euro. In afternoon inter-bank trading, the shekel-dollar exchange rate is down 1.29% at 3.661/$ and the shekel-euro rate is down 1.15% at…

© Reuters. FILE PHOTO: Ant Group sign is seen at the World Artificial Intelligence Conference (WAIC) in Shanghai, China July 6, 2023. REUTERS/Aly Song/File Photo SHANGHAI (Reuters) -Ant Group on Saturday announced a share repurchase…

Overnight violence in French cities has halved in 24 hours, the interior ministry said Tuesday, a week after riots erupted over the police killing of a teenager at a traffic stop. Issued on: 04/07/2023 -…

Investors remain wary on the Israeli currency even though a bill that could affect the independence of the Bank of Israel has been suspended. The shekel has been…

Receive free Eurozone economy updatesWe’ll send you a myFT Daily Digest email rounding up the latest Eurozone economynews every morning. The eurozone economy has slowed sharply, according to a closely watched business survey that…

The foreign exchange market is again volatile today. The shekel has weakened significantly against the euro, with the rate currently 1.36% above yesterday’s representative rate, at NIS 3.9899/€. Against the US dollar, the…