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Global firms in Israel: How airlines and banks are handling conflict

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Global firms in Israel: How airlines and banks are handling conflict

Global Companies Temporarily Shut Operations in Israel Following Hamas Attack

Global companies are taking precautionary measures in response to a devastating weekend attack by Palestinian Islamist group Hamas in Israel. Several operations have been temporarily shut down and employees have been asked to work from home. The following are the steps taken by various companies:

Delta Air Lines:

The airline has made the decision to cancel Delta-operated Tel Aviv flights through Oct. 31.

El Al:

The airline is running additional flights to bring reservists back to Israel to assist in the largest mobilization in the country’s history.

Royal Caribbean:

The cruise operator is adjusting itineraries in the area and impacted guests are being notified directly.

Carnival:

The cruise liner has adjusted its itineraries and is not making calls to Israel at this time.

Chevron:

The No. 2 U.S. oil and gas producer has been instructed by Israel’s energy ministry to shut down the Tamar natural gas field off the country’s northern coast.

JPMorgan Chase:

The Wall Street bank has asked more than 200 employees in Israel to work from home.

Goldman Sachs:

The bank’s employees at its office in Tel Aviv have been asked to work from home.

Bank of America:

The Tel Aviv office will remain closed and the bank will continue to monitor the local situation.

Morgan Stanley:

The bank has instructed its staff to work from home for the foreseeable future.

Adani Ports:

Indian billionaire Gautam Adani’s Adani Ports, operator of the Haifa Port, is closely monitoring the situation and has a business continuity plan in place.

FedEx:

The global delivery firm has suspended service in Israel.

Nvidia:

The world’s largest maker of chips used for artificial intelligence and computer graphics has canceled an AI summit scheduled for Tel Aviv.

H&M:

The clothing company’s local franchise partner has temporarily closed all stores in Israel.

Inditex SA:

Inditex’s stores in Israel will remain temporarily closed with extended return timeframes.

Eli Lilly and Co:

The pharmaceutical company is closely monitoring the situation and taking necessary steps to ensure the safety of its colleagues and an uninterrupted supply of medicines to patients in the region.

This is an evolving situation and companies will continue to assess and adapt their operations as needed.

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