United Airlines has announced that it will be resuming flights to Israel starting in March, after a nearly two-year hiatus due to the COVID-19 pandemic. The airline will be operating flights between Tel Aviv’s Ben Gurion International Airport and its hubs in the United States.
Economic Challenges
The COVID-19 crisis has led to a sharp decline in consumer spending and tourism, two key drivers of Israel’s economy. As a result, businesses across various sectors have been forced to lay off employees or shut down operations altogether.
Tel Aviv, Israel – Israel’s leading semiconductor manufacturer, Israel’s Tower, has reportedly proposed an investment of $8 billion to establish a state-of-the-art chip manufacturing plant in India. This move aims to strengthen the country’s position in the global chip market and capitalize on the growing demand for semiconductors worldwide.
Israel’s military operations in the Gaza Strip have sparked widespread protests and condemnation around the world. As the conflict intensifies, activists and consumers have begun questioning the role of American brands in supporting Israel’s actions. Boycotts have emerged as a tool to express dissent and put pressure on companies. This article explores the impact of boycotts on American brands amidst the ongoing conflict.
Japanese trading company, Itochu Corporation, has announced its decision to terminate its cooperation with Israeli defense electronics company, Elbit Systems Ltd., amidst the ongoing conflict in the Gaza Strip. This move comes as part of Itochu’s effort to distance itself from companies involved in the production of weapons used in conflicts.
In a landmark deal, a leading Israeli digital accessibility startup is set to be acquired by a prominent US firm for a staggering $99 million. The agreement, which has been finalized and is awaiting regulatory approval, reflects the growing demand for digital accessibility solutions worldwide.
In a surprising move, Intel Corp. has announced its plans to invest a whopping $25 billion in Israel’s technology sector, despite the recent outbreak of violence between Israel and Palestine in the Gaza Strip. The decision comes as a testament to Israel’s strong and resilient tech industry, which continues to attract massive investments from global technology giants.
Intel Corporation, the global leader in semiconductor manufacturing, has announced its plans to invest $10 billion in building a new chip factory in Israel. This move has resulted in a surge in Intel’s stock prices, as investors anticipate strong growth in the company’s production capacity and market share. The expansion comes at a crucial time when global chip shortages have disrupted supply chains across various industries.
