Alicia Wedd

Medical Devices

Elective procedure postponements will provide needed revenue for hospitals

Throughout March and April, hospitals across the US have been guided by the American College of Surgeons (ASC) and the Centers for Medicare & Medicaid Services (CMS) to postpone elective procedures. These recommendations have been put in place to prevent exposure of medical staff and patients to COVID-19 and to allow the use of resources […]

Aerospace, Defense & Security

Rolls-Royce braces for long-term COVID-19 disruptions

Following the release of an upfront statement by Rolls-Royce’s Chief Executive Warren East to shareholders about the company’s struggles in the midst of COVID-19; Nicolas Jouan, Aerospace and Defense Analyst at GlobalData, a leading data and analytics company, offers his view on the situation; “East decided to be upfront with shareholders about Rolls-Royce’s struggles in […]

Energy, Power

Utilities use AI to understand shift in energy use patterns resulting from the COVID-19 pandemic

The spread of the COVID-19 pandemic has prompted state and local governments in the US to put quarantine measures in place. As a result, the pattern in electricity consumption has significantly changed. There were dramatic shifts in energy use between the first and fourth weeks of March 2020. In the US, several non-essential retailers such […]

Automotive

UK car market will see more sales and digital push as crisis eases

Following the news that UK new car sales in the month of April fell by 97% as the market was effectively frozen under lockdown rules; David Leggett, Automotive Analyst at GlobalData, a leading data and analytics company, offers his view: “With dealerships shuttered across the country, the stark April sales result came as no surprise. […]

Technology

Fitbit a data privacy nightmare for the White House

As news that Fitbit has held discussions with the White House to discuss how its devices and user data could be used for social distancing and coronavirus symptom trackers to help monitor public health; Oliver Lockett, Analyst at GlobalData, a leading data and analytics company, offers his view: “If agreed, Fitbit’s deal with the US […]

Consumer, Uncategorised

Significant shift in alcohol channels to change pubs and bars industry for years to come

As the UK lockdown continues into its fifth week, and both the start and end-dates of the quarantine seem to get further away, the impact on the UK’s pubs and nightlife sector is having to be continually reassessed. In terms of local currency units (LCU) value, when adjusting for COVID-19, GlobalData’s projections for thegrowth of […]

Insurance

COVID-19 will make consumers familiar with digitalization and data sharing

While COVID-19 will have a significant impact across the insurance value chain, many opportunities for digitalization will be created, says GlobalData, a leading data and analytics company. Daniel Pearce, Senior Insurance Analyst at GlobalData, comments: “Product development will be halted as liquidity concerns will limit the availability of funds required to develop new policies and […]

Pharma

Prophylactic vaccines lagging, only counting for 31% of for COVID-19 drug pipeline

The COVID-19 pandemic that has swept the globe has led to a massive search for a drug with which to combat this deadly virus. Yet, despite many pharmaceutical companies continuing to pour their resources into a cure, the development of prophylactic vaccines for COVID-19 appears to be lagging, which may hamper future plans to halt […]

Technology

For component makers, recovery from COVID-19 is likely to be some way off

The disruption caused by COVID-19 on component makers mean it will be a challenging environment for consumer electronics and the automotive industry for the rest of 2020, says GlobalData, a leading data and analytics company. GlobalData’s recent report, ‘COVID-19 Impact on Component Makers – Thematic Research‘, reveals that economic shutdowns, starting in China and subsequently […]

Travel & Tourism

TripAdvisor layoffs relate to long-term objectives to simplify operations

Following the news that TripAdvisor is laying off 25% of its workforce – around 900 in total; Johanna Bonhill-Smith, Travel & Tourism Analyst at GlobalData, a leading data and analytics company, offers her view: “Tripadvisor has undoubtedly taken this action to mitigate the impacts of COVID-19 but this also relates to the broader initiative for […]

Automotive

UK car output slump set to continue

Following the news that UK car output fell 37.6% in March, according to figures released by the Society of Motor Manufacturers and Traders (SMMT) as the COVID-19 crisis shuttered plants; David Leggett, Automotive Analyst at GlobalData, a leading data and analytics company, offers his views: “The UK production numbers for March are in line with […]

Aerospace, Defense & Security

US defense industry must expect less COVID-19 stimulus as it outperforms the market

Following yesterday’s communication from Rep. Adam Smith, chairman of the House Armed Services Committee, on upcoming COVID-19 stimulus packages; Nicolas Jouan, Aerospace and Defense Analyst at GlobalData, a leading data and analytics company, offers his view on the situation: “Rep. Adam Smith did not surprise anyone when he hinted towards a reduction of stimulus funding […]

Travel & Tourism, Uncategorised

Lodging providers begin to unveil new hygiene initiatives to meet change in traveler demands

Following the recent announcements from Airbnb and Hilton that new hygiene initiatives will be implemented; Ralph Hollister, Analyst, Travel & Tourism at GlobalData, a leading data and analytics company, offers his view on the situation: “Hilton’s plans to partner with sanitation specialists such as the company behind Lysol and the Mayo Clinic will help to […]

Automotive

COVID-19 forces Ford and others to focus on core

Following the news that Ford has reported a net loss of $2bn for Q1 and put back its launch of driverless vehicles to 2022; David Leggett, Automotive Analyst at GlobalData, a leading data and analytics company, offers his views: “Ford’s Q1 results illustrate the severe impact the COVID-19 crisis is having on companies in the […]

Retail

Direct-to-consumer to attract 49% of brand comfort seekers during UK’s lockdown

Big food brands are offering direct-to-consumer home delivery services for the first time amid the COVID-19 lockdown. This comes as no surprise given the in-store shopping restrictions and subsequent comfort seeking from consumers. Due to the current situation, high levels of uncertainty surround consumers’ everyday lives, and as a result they are seeking comfort in […]

Technology

Netflix and Disney + are winning subscribers as lockdown boredom sets in

Lockdowns may have got us spending more time in front of the television but it won’t help the ailing physical video market. Instead, consumers are switching even faster to streaming sites, with Netflix, and Disney+ among those that are attracting subscribers at a rapid rate, says GlobalData, a leading data and analytics company. Zoe Mills, […]

Pharma

Sweden has highest COVID-19 mortality rate among Scandinavian countries as it resists lockdown

As the COVID-19 pandemic continues to spread, understanding how the differences in each countries response to the situation affected the outcome of the spread of the disease will play a vital role in handling the situation as it moves forward and in handling future epidemics, says GlobalData, a leading data and analytics company. Topias Lemetyinen, […]

Insurance

Austria insurance industry to see premiums fall in 2020 as service sector closes

The Austrian insurance industry is set to be hit by disruption to the service sector and financial markets as expected growth will be reduced, says GlobalData, a leading data and analytics company. The company has revised up its overall growth estimates for the sector to 2023 from a compound annual growth rate (CAGR) of 2.8% […]

Banking

Top ten global M&A legal advisers in financial services sector in Q1 2020

Skadden Arps Slate Meagher & Flom has dominated the mergers and acquisitions (M&A) legal advisers league table based on deal value in Q1 2020, based on a total advised deal value of US$66.49bn. However, in deal volume terms, the firm settled at fourth position with nine deals. GlobalData, which tracks all M&A, private equity/venture capital […]

Banking

Goldman Sachs leads M&A financial advisers ranking by deal value in financial services sector for coronavirus-hit Q1 2020

In Q1 2020, the financial services sector saw an overall rise of 4.62% in deal value from US$131.25bn in Q1 2019 to US$137.3bn in Q1 2020. Deal volume decreased in this period by 3.72% from 1,075 deals in Q1 2019 to 1,035 in Q1 2020, says GlobalData, a leading data and analytics company. Goldman Sachs […]

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Elective procedure postponements will provide needed revenue for hospitals

Rolls-Royce braces for long-term COVID-19 disruptions

Utilities use AI to understand shift in energy use patterns resulting from the COVID-19 pandemic

UK car market will see more sales and digital push as crisis eases

Fitbit a data privacy nightmare for the White House

Significant shift in alcohol channels to change pubs and bars industry for years to come

COVID-19 will make consumers familiar with digitalization and data sharing

Prophylactic vaccines lagging, only counting for 31% of for COVID-19 drug pipeline

For component makers, recovery from COVID-19 is likely to be some way off

TripAdvisor layoffs relate to long-term objectives to simplify operations

UK car output slump set to continue

US defense industry must expect less COVID-19 stimulus as it outperforms the market

Lodging providers begin to unveil new hygiene initiatives to meet change in traveler demands

COVID-19 forces Ford and others to focus on core

Direct-to-consumer to attract 49% of brand comfort seekers during UK’s lockdown

Netflix and Disney + are winning subscribers as lockdown boredom sets in

Sweden has highest COVID-19 mortality rate among Scandinavian countries as it resists lockdown

Austria insurance industry to see premiums fall in 2020 as service sector closes

Top ten global M&A legal advisers in financial services sector in Q1 2020

Goldman Sachs leads M&A financial advisers ranking by deal value in financial services sector for coronavirus-hit Q1 2020

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