Landa Digital Printing, the Israel-based developer of Nanographic digital printing technology, has filed for court protection as it grapples with significant financial challenges, Label & Narrow Web reported. According to reports in Israeli media, including tech news outlet Ctech, the company is burdened with approximately $516 million in debt and has encountered a critical cash flow shortfall following the abrupt withdrawal of shareholder funding. The move comes after years of heavy investment and limited commercial return.
In their fourth day of fighting, with no end in sight, ripples from the Israeli-Iranian conflict are beginning to rock global supply chains, Bloomberg News reported. Some oil tanker owners and managers have paused offering their vessels for Middle Eastern routes as they assess the risks, fueling concerns over export flows from the region. The stability of shipping in and around the Middle East will be closely watched by markets in coming weeks.
Hamas is facing a new problem in Gaza: coming up with the cash it needs to pay its rank and file, the Wall Street Journal reported. Israel last month cut off supplies of humanitarian goods to the enclave, some of which Hamas had been seizing and selling to raise funds, according to Arab, Israeli and Western officials. Its renewed offensive has targeted and killed Hamas officials who played important roles in distributing cash to cadres and sent others into hiding, Arab intelligence officials said.