Global Firms React to Hamas Attack in Israel

Travel Industry

Several airlines from Asia, Europe, and the United States have temporarily suspended direct flights to Tel Aviv due to the recent devastating attack by Hamas.

• Delta Air Lines (NYSE:): The airline has canceled all Tel Aviv flights operated by Delta until October 31.
• El Al: The airline is running additional flights to bring reservists back to Israel to aid in the country’s largest mobilization.
• Royal Caribbean (NYSE:): The cruise operator is adjusting itineraries in the area and directly notifying affected guests.
• Carnival (NYSE:): The cruise liner has modified its itineraries and is currently not making calls to Israel.

Oil Majors

• Chevron (NYSE:): Israel’s energy ministry has instructed the company to shut down the Tamar field off the country’s northern coast.

Banks

• JPMorgan Chase (NYSE:): Over 200 employees in Israel have been asked to work from home.
• Goldman Sachs: Employees at the Tel Aviv office have also been instructed to work remotely.
• Bank of America: The Tel Aviv office will remain closed, and the situation will be closely monitored.
• Morgan Stanley: The bank has advised its staff in Israel to work from home indefinitely.

Logistics

• Adani Ports: The Haifa Port in northern Israel, operated by Adani Ports, is operational with a business continuity plan in place.
• FedEx (NYSE:): The global delivery firm has temporarily suspended its service in Israel.

Tech Industry

• Nvidia (NASDAQ:): The AI and computer graphics chip maker has canceled an AI summit scheduled for Tel Aviv.

Consumer and Retail

• H&M (ST:): The clothing company’s local franchise partner has temporarily closed all stores in Israel.
• Inditex (BME:): Zara-owner Inditex has temporarily closed all its 84 stores in Israel.

Pharma

• Eli Lilly (NYSE:): The pharmaceutical company is closely monitoring the situation to ensure the safety of its colleagues and an uninterrupted supply of medicines to patients in the region.

This article highlights the actions taken by global companies in response to the recent Hamas attack in Israel. Following the attack, several airlines have suspended direct flights to Tel Aviv, affecting travel plans for many. Delta Air Lines has canceled all Tel Aviv flights until October 31, while El Al is focusing on bringing reservists back to Israel. Royal Caribbean and Carnival have adjusted their cruise itineraries accordingly.

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In the oil industry, Chevron has been instructed to shut down the Tamar field off Israel’s northern coast. This decision was made by Israel’s energy ministry in response to the attack.

Major banks such as JPMorgan Chase, Goldman Sachs, Bank of America, and Morgan Stanley have asked their employees in Israel to work from home. These measures aim to ensure the safety of their staff during this tense period.

Logistics companies, including Adani Ports and FedEx, have also been impacted. Adani Ports, operator of the Haifa Port, is closely monitoring the situation and has implemented a business continuity plan. Meanwhile, FedEx has temporarily suspended its delivery service in Israel.

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In the tech industry, Nvidia has canceled an AI summit scheduled for Tel Aviv. This event would have brought together experts in artificial intelligence and computer graphics.

Retail giants H&M and Inditex have temporarily closed their stores in Israel, ensuring the safety of their employees and customers. This decision affects all 84 Inditex-owned stores in the country.

The pharmaceutical company Eli Lilly is closely monitoring the situation to protect the safety of its colleagues and maintain the supply of medicines to patients in the region.

These actions by global firms demonstrate their commitment to the safety and well-being of their employees and customers during this challenging period. As the situation continues to evolve, it is crucial for companies to adapt and prioritize the security of their operations.