There has been a lot said about Germany's stand to remain neutral on the recent referendum on Palestine as a non-voting member of the United Nations General Assembly. It has apparently created friction between Israeli Prime Minister Benjamin Netanyahu and German Chancellor Angela Merkel.

Tel Aviv Stock Exchange (TASE) fell by a 1.09% on Thursday to 1,230.88 points while the Tel Aviv-100 Index declined by 1.29% to 1,082.90.

The TechBlue 50 Index fell by 0.94% to 331.54 points. The decline is thought to be caused by the losses in the European markets. The Teva Pharmaceutical industries Ltd. fell by 3.5% after the strategic plan for it was published.

Having commenced its operations in Israel nearly seven years back, Internet search giant Google launched its start-up incubator in the country on Monday, December 10.

Inaugurated by Israeli Prime Minister Benjamin Netanyahu, the start-up incubator - which will be essentially a center for Israeli entrepreneurs and start-up companies - has been named Campus Tel Aviv.

According to a press release issued by the Weizmann Institute of Science in Rehovot, one of the institute's professors, Dr. Zohar Komargodski, was awarded the New Horizons in Physics Prize on Tuesday.

The New Horizons in Physics Prize, which carries an award of $100,000, is given out to three young, promising researchers every year by the Fundamental Physics Prize Foundation.

n a move which underscores Google's attempts to pin down promising high-tech start-ups in Israel, the company launched its start-up incubator - dubbed `Campus Tel Aviv' or, simply, Campus TLV - in Tel Aviv on Monday.

A recent report talked about the visit of Israeli Prime Minister in Berlin in order to be part of the fourth intergovernmental consultations with Germany, being held since 2008. It has further been reported that the agenda of this meeting is on the lines of the rising tension between the two allies.

Greenpeace, an environment advocacy group, has talked about its "Detox Fashion" campaign, which has got immense support from people. The campaign has challenged the production process of world's leading fashion brands.

Israel's recent announcements of withholding the transfer of tax revenue to the Palestinian Authority has sent the Israeli ambassador summon from not only the European Union but from several Western nations too like Britain, France, Spain, Sweden and Denmark, to express its concerns over settlement expansion plans.