U.S. tightens exports to China's chipmaker SMIC, citing risk of military use

El Al Airlines in dire straits as it releases Q4 results

Israel’s flagship carrier, El Al Airlines, may not survive the Covid-19 crisis, auditors warned. Issuing its financial report a month-and-a-half late, the airline reported a US$31.5-million loss in the fourth-quarter of 2019 and warned that it faces collapse if it fails to secure a government-backed loan, Israel’s Haaretz reported. The loss, down slightly from US$31.6 […]