The Israeli firm SodaStream, which has been a target of the Boycott, Divestment and Sanctions movement, is considering closing its West Bank factory. CEO Daniel Birnbaum told the Israeli economic publication The Marker that the company, which makes home soft drink machines, will make a decision in the next two months. Birnbaum said the decision…
(Haaretz) — SodaStream will decide within two months whether to close the West Bank plant that prompted a high-profile boycott, divestment and sanctions campaign against the Israel-based beverage machine maker, CEO Daniel Birnbaum said Wednesday. The Israeli beverage maker’s decision has nothing to do with the “financial terrorists” who organized the boycott, said Birnbaum. The BDS…
The SodaStream company reportedly fired 60 Palestinian employees from its West Bank plant over a dispute on breaking the Ramadan fast. The workers were fired earlier this month, the WAC-MAAN trade union representing the Palestinian workers told The Marker, a business newspaper associated with the Israeli daily Haaretz. The evening shift workers reportedly received dismissal…
An Israeli-owned store in England that sold replacement parts for SodaStream closed after two years of weekly boycott protests. The EcoStream shop in the coastal town of Brighton shut down last week, the Jewish Chronicle reported. The store sold the recyclable bottles for the SodaStream machines made in the factory in the West Bank settlement…
Former U.S. presidential candidate Mike Huckabee called on President Obama to halt dialogue with Hamas, which is believed to be responsible for the abduction of three Israeli teens. Huckabee, the ex-Republican governor of Arkansas, arrived in Israel on Sunday for a weeklong visit to focus attention on the kidnappings. He has visited Israel more than…
Starbucks is in advanced talks to buy 10 percent of Israeli home soda machine company SodaStream, an Israeli business daily reported. Shares of SodaStream jumped more than 10 percent following the report Wednesday in Globes. The newspaper said that an announcement of the purchase, at a company value of $1.1 billion, is expected “soon.” Starbucks…
At-home soda leader SodaStream International is in early talks to sell a 10 to 16 percent stake in the company to a large strategic entity, the Calcalist financial news website reported on Wednesday. The talks involve a company valuation for SodaStream of $1.1 billion, Calcalist said, noting that there are still differences between the parties…
Actress Scarlett Johansson said she does not regret her decision to become a spokeswoman for the Israeli company SodaStream. Johansson told the British newspaper The Observer that she was aware before she signed on to work for SodaStream that the manufacturer of home soda makers operates a factory in a West Bank settlement, which is…
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