ISRAEL

Teva to buy Ratiopharm for nearly $5 billion

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Israel's Teva has won the battle for German generic drugmaker Ratiopharm, paying an enterprise value of 3.625 billion euros to fix the industry leader's weakness in the world's second-largest generics market.

Three-way Ratiopharm auction comes to head: sources

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The tussle over German generic drugs maker Ratiopharm is drawing to a close as the three remaining contenders square off in the final round of bidding, sources close to the deal told Reuters on Wednesday.
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Netanyahu defies U.S. over Jerusalem settlement

Prime Minister Benjamin Netanyahu rejected on Monday any curbs on Jewish settlement in and around Jerusalem, defying Washington in Israel's deepening crisis with U.S. President Barack Obama's administration.
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Factbox: Major issues in Israeli-Palestinian peacemaking

U.S. Middle East envoy George Mitchell returns to the region next week to try to salvage indirect peace talks between Israel and the Palestinians. The Palestinians have said the process may be thwarted unless Israel cancels a plan announced this week to build 1,600 settler homes near Jerusalem.
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Netanyahu's position is perilous: U.S. official

Israeli Prime Minister Benjamin Netanyahu's political standing is perilous because of divisions within his coalition over efforts to pursue peace with the Palestinians, a senior U.S. official said on Friday.
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U.S. criticizes Israel on housing plans ahead of talks

The United States on Tuesday criticized Israeli plans to build new housing beyond a disputed line in Jerusalem as it prepares to broker indirect talks between Israeli and Palestinian leaders meant to lead to a two-state solution in the region.
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Coming to Israel, Biden flags U.S. support vs Iran

The Obama administration has boosted U.S. defense ties to Israel and will close ranks with its ally against any threat from a nuclear-armed Iran, Vice President Joe Biden said on Monday ahead of a trip to Israel.
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Iran's Ahmadinejad calls Sept 11 big fabrication

Iranian President Mahmoud Ahmadinejad on Saturday called the September 11 attacks on the United States a big fabrication that was used to justify the U.S. war on terrorism, the official IRNA news agency reported.
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Palestinians, Israelis clash ahead of talks

Dozens of people were injured in clashes between Palestinians and Israeli forces in Jerusalem and the West Bank Friday, as tension over land and holy sites mounted ahead of a relaunch of U.S.-mediated peace negotiations.
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Clashes erupt at Jerusalem holy site

Israeli police and Palestinians clashed near Jerusalem's flashpoint al-Aqsa mosque on Friday and about 30 people were injured, Israeli police and Palestinian medical workers said.
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Iran's Khamenei attacks Israel, seeks Muslim unity

Iran's Supreme Leader Ayatollah Ali Khamenei said on Thursday Western powers were trying to widen differences between Sunni and Shi'ite Muslims to divert attention from the Israel-Palestinian conflict.
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Iran may face new round of U.N. sanctions

The United States, France and other Western powers are preparing a plan for a fourth round of U.N. sanctions against Iran over its nuclear program and hope to persuade Russia and China to back it.
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Israeli army nixes raid after Facebook leak: radio

The Israeli military called off a raid in Palestinian territory after a soldier posted details, including the time and place, on social networking website Facebook, Israel's Army Radio reported on Wednesday.
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U.N. council ready to tackle Iran nuclear issue

The president of the U.N. Security Council said on Tuesday it was ready to tackle proposals for new sanctions against Iran over its nuclear program, while U.S. diplomats worked to persuade China that action is needed.
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Dubai police chief to seek Netanyahu arrest

Dubai's police chief plans to seek the arrest of Israeli Prime Minister Benjamin Netanyahu and the head of Israel's spy agency over the killing of a Hamas leader in the emirate, Al Jazeera television reported.
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Netanyahu intervenes in sensitive Jerusalem project

Prime Minister Benjamin Netanyahu, citing concern over Israel's international image, persuaded Jerusalem's mayor on Tuesday to put on hold any demolition of Palestinian homes in a municipal tourism project.
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Russia says it may consider Iran sanctions

Russia will back new sanctions against Iran as long as they do not create a humanitarian crisis, French President Nicolas Sarkozy said on Monday after talks with Russian counterpart Dmitry Medvedev.

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