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GlobalData

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Thailand has an opportunity to become a major destination for Russian travelers as 435,000 tourists are predicted to visit in 2022, according to GlobalData

The number of Russian tourists visiting Thailand is projected to significantly jump from 10,000 visits in 2021 to 435,000 in 2022, according to GlobalData. The leading data and analytics company notes that tourism ministers in Thailand must now ensure they can capitalize on this demand by increasing direct flights from Russia and ensuring aspects such […]
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Oxurion NV’s THR-149 has potential to address key unmet need in the ophthalmology market, says GlobalData

Preclinical research for Oxurion NV’s THR-687 was presented at the Association for Research in Ophthalmology (ARVO) last month, forecasting its promising potential within the DME space. However, Oxurion NV recently announced it would no longer pursue its Phase IIb INTEGRAL for THR-687 for the treatment of diabetic macular edema (DME), stating its decision to progress […]
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Almost 30% of UK consumers see work-life balance as most important benefit as the country trials a four-day working week, says GlobalData

Following the news that more than 3,300 workers across 70 companies in the UK are trialling a four-day working week for six months; Beatriz Benito, Lead Insurance Analyst at GlobalData, a leading data and analytics company, offers her view: “The four-day working week for full-time pay is not a new concept, with trials being carried […]
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Airlines should have learned from the pandemic that nothing is certain in the current climate as scaling issues cause flight chaos, says GlobalData

Many airlines betted on employees returning in hordes when travel started to meaningfully resume in 2022 and rapidly increased their Spring/Summer schedules as a result, says GlobalData. However, the leading data and analytics company notes that airlines should have learned from the pandemic that nothing is certain in the current climate. Ralph Hollister, Travel and Tourism […]
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Russian parts on foreign aircraft could complicate future international travel following war in Ukraine, says GlobalData

Following the news that Rosaviatsiya, the Russian Federal Air Transport Agency, has issued certificates to five Russian firms to develop parts for foreign aircraft; Harry Boneham, Aerospace Analyst at GlobalData, a leading data and analytics company, offers his view: “Rosaviatsiya’s certificates could carry consequences for travel between Russia and the West in the medium term. […]
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Construction activity in Eastern Europe expected to weaken slightly in 2022 due to strong inflationary pressures and weak investor confidence, says GlobalData

GlobalData has downgraded its growth forecast for construction output in Eastern Europe (excluding Ukraine and Russia) in 2022 from 4.1% to 1.5%. The leading data and analytics company notes that the increasing strength of headwinds and downside risks, such as raw material cost inflation and weakening investor confidence owing to the conflict in Ukraine, are […]
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Car insurers finding ways around FCA reforms mean nearly two thirds of UK customers face higher premiums, says GlobalData

Following the news that loyal motor insurance customers face premiums that are double that of new customers, despite FCA reforms; Ben Carey-Evans, Senior Insurance Analyst at GlobalData, a leading data and analytics company, offers his view: “This news isn’t particularly surprising, as the motor market is so competitive and attracting new business is extremely dependent […]
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Toyota, GM and Ford were among the top automotive companies discussing emissions in Q2 2022, finds GlobalData

With a rising focus on achieving zero emissions, GlobalData’s Mentions per Company* index found that mentions (per company) of ‘Emissions’ in automotive company filings was up 17% in Q2 2022** over Q1 2022, while rising 9% compared to Q2 2021. The leading data and analytics company found that original equipment manufacturers (OEMs) such as Toyota, General Motors (GM), […]
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Airbus’ UK Zero Emission Development Centre could help meet its 2035 deadline for zero-emission passenger aircraft, says GlobalData

Following the news that Airbus is strengthening its presence in the UK with the launch of a Zero Emission Development Centre (ZEDC) for hydrogen technologies; Harry Boneham, Aerospace Analyst at GlobalData, a leading data and analytics company, offers his view: “Airbus is pushing ahead with the development of hydrogen technology, pursuing its self-imposed 2035 deadline for the […]
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Majority of the top 25 tech companies by revenue demonstrated strong business growth amid rising inflation and supply chain risks, says GlobalData

Approximately 80% of the top 25 technology companies by revenue recorded double-digit growth in their year-on-year (YoY) net profit in the last fiscal year, finds GlobalData. The leading data and analytics company notes that these technology companies performed remarkably well despite being faced with higher interest rates, supply chain disruptions and geopolitical risks. Ragupathy Jayaraman, […]
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