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Following today’s news (Wednesday 3 November) that UK firms will be forced to show how they will adopt a low-carbon future from 2023; George Henry, Consumer Analyst at GlobalData, a leading data and analytics company, offers his view on the latest action to tackle the climate emergency: “The announcement of new net-zero commitments is no […]
Merck & Co leads global R&D race for use of immune checkpoint inhibitors after surgery, says GlobalData
Immune checkpoint inhibitors (ICIs) have transformed the treatment of many late-stage cancers. This success has caused pharma companies to invest heavily into investigating their use in an earlier setting after a tumor has been removed by surgery (adjuvant), says GlobalData. The leading data and analytics company notes that, among these companies, Merck & Co has […]
Higher energy prices to drive up global inflation to 3.23% in 2021, says GlobalData
The shortage of coal has resulted in higher production costs for manufacturing companies, and the global inflation rate is forecasted to rise from 2.50% in 2020 to 3.23% in 2021 as a result. GlobalData has also upwardly revised its 2021 global inflation rate forecast to 3.23% in October 2021. The leading data and analytics company […]
Market overreacts to Abiomed’s adjusted guidance in FY22 Q2 results, says GlobalData
Abiomed demonstrated strong resilience to the first wave of the COVID-19 pandemic Guidance for FY22 was originally set at $990m-$1.03bn, after FY22 Q1 guidance was boosted to $1.03bn-$1.05bn, and finally adjusted this quarter to $1.01bn-$1.03bn Abiomed’s 36.7% revenue growth in FY22 H1 compared to FY21 H1 has been ignored entirely as ABMD share price continues […]
COP26 could signify a turning point in sustainable tourism, says GlobalData
COP26 could be a huge turning point for the role of sustainability in tourism, says GlobalData. The leading data and analytics company notes that the tourism industry is in an unprecedented recovery process, and with many private sector companies now committing to more transparent actions around reducing emissions, more tangible results around sustainability could be […]
It is time for widespread climate-conscious fashion, says GlobalData
With world leaders focusing on forests and land-use at the COP26 conference, the fashion and textile industry are major contributors to the depletion of natural resources. Amna Mujahid, Thematic Analyst at GlobalData, a leading data and analytics company, offers her view: “Unsustainable growth in the fashion industry is responsible for a large share of environmental […]
Estee Lauder’s premium positioning pays off as consumers splash out on cosmetics and skincare, says GlobalData
Following today’s (2 November 2021) release of Estee Lauders’ trading results; Nina Nowak, Senior Researcher at GlobalData, a leading data and analytics company, offers her view: “Estee Lauder’s impressive 23% growth in net sales demonstrates the recovery of the cosmetics and toiletries market, after a difficult period that forced the industry to take a new […]
Laggards in global clean power transition split evenly between rich and poor, says GlobalData
As the COP26 meeting in Glasgow gets underway, many countries are behind on their targets for increasing the share of renewables in power generation no matter their income levels, partly as a consequence from delaying mobilising at least $100bn in climate finance. Barbara Monterrubio, Energy Transition Analyst at GlobalData, a leading data and analytics company, […]
Black Friday 2021 still an opportunity for UK retailers as Christmas spend comes early, says GlobalData
Even though the number of UK shoppers that participated in Black Friday last year fell 6%, compared to 2019, leading data and analytics company GlobalData says it is still an important retail event, and retailers should use it to help encourage early Christmas spending as the threat of limited availability continues amid supply chain disruption. […]
Amazon Web Services’ contract win solidifies market position, says GlobalData
While Amazon Web Services’ (AWS) contract with the UK’s three civilian intelligence agencies is already coming under significant domestic scrutiny, the contract – estimated to be valued at between £500m and £1bn over the next decade – is a significant win for AWS because of the nature of the data, according to GlobalData, a leading […]
Comcast’s 3 Gbps home broadband service highlights fiber’s growing importance; US fiber lines will grow at 10.8% CAGR through 2026, says GlobalData
GlobalData expects the number of US fiber lines will grow at a robust compound annual growth rate (CAGR) of 10.8% and reach 28.2 million lines by year-end 2026 Cable’s share of total US fixed-broadband subscriptions will decline to 67.1% by year-end 2026 US fixed-broadband lines will increase from 103.1 million in 2021 to 112.3 million […]
Total prevalent cases of overactive bladder to reach 401.6 million by 2030 in the 8MM, says GlobalData
The total prevalent cases of overactive bladder (OAB) in the eight major markets (*8MM) are projected to increase from 363.3 million cases in 2020 to 401.6 million cases in 2030, equating to an annual growth rate (AGR) of 1.06%, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Overactive Bladder – Epidemiology […]
Recent announcement of GE Healthcare’s Q3 results has indicated a decline in year-over-year revenue
Following GE Healthcare’s announcement of its third quarter 2021 results; Kamilla Kan, Medical Device Analyst at GlobalData, a leading data and analytics company, offers her view: “GE Healthcare’s recent revenue postings indicated a year-over-year revenue decline of -0.5%, with the posted sales of $18.4bn for the three months ended in September 30, 2021. While GE […]
Intuitive Surgical continues to lead robotic surgery market, but will now face spike in competition, says GlobalData
Following the release of Q3 2021 financials from Intuitive Surgical; Brian Hicks, Senior Medical Devices Analyst at GlobalData, a leading data and analytics companies, offers his view: “Intuitive Surgical continues to consistently deliver on its strong financial performance, as it remains the leader of robotic-assisted surgery (RAS) systems with its signature da Vinci RAS system. […]
Embracing digital healthcare and robotics, Stryker outperformed its orthopedic peers in Q3, says GlobalData
Following the announcement that Stryker’s Q3 2021 orthopedic business revenues were 21.3% higher than 2019 and its organic net sales increased by 2%; Tina Deng, Principal Medical Device Analyst at GlobalData, a leading data and analytics company, offers her view: “Stryker’s heavy investment in digital technology and robotics has paid off, as the strong performance […]
AB-InBev posts strong Q3 results as consumers trade up in beer, says GlobalData
Following the news that AB-InBev’s total volumes grew by 3.4% and revenue grew by 7.9% in Q3; Carmen Bryan, Consumer Analyst at GlobalData, a leading data and analytics company, offers her view: “The reopening of on-trade premises in many markets has naturally boosted AB-InBev’s growth this quarter. However, that is only part of this success […]
US firms’ crypto sentiments were higher than Chinese counterparts in Q3 2021, says GlobalData
US companies’ sentiments around cryptocurrencies overtook Chinese companies in Q2 2021, following the Mainland Government’s crackdown. While sentiments for both US and Chinese firms declined in Q3 2021 as companies were left reeling from the clampdown, US companies’ sentiments remained higher than their Chinese counterparts, according to GlobalData, a leading data and analytics company. Rinaldo […]
Paul Weiss Rifkind Wharton & Garrison and Kirkland & Ellis were top M&A legal advisers by value and volume in automotive sector for Q1-Q3 2021, finds GlobalData
Paul Weiss Rifkind Wharton & Garrison and Kirkland & Ellis have been found by GlobalData to be the top mergers and acquisitions (M&A) legal advisers in the automotive sector for Q1-Q3 2021 by value and volume, respectively. The leading data and analytics company’s Financial Deals Database reveals that Paul Weiss Rifkind Wharton & Garrison advised […]
Heineken’s Q3 sales impacted by renewed wellbeing trends following COVID-19 pandemic, says GlobalData
Following today’s release of Heineken’s quarter three trading results; Holly Inglis, Beverages Analyst at GlobalData, a leading data and analytics company, offers her view: “Heineken’s favorable 8% growth in beer volume shows the pure strength of the brand, as overcoming the global downturn of beer sales is no mean feat. GlobalData notes that global beer […]
Kraft Heinz Q3 results to be sustained by ‘soup season’ despite inflationary pressures, says GlobalData
Following today’s news that Kraft Heinz has reportedly beaten its Q3 sales estimates; Carmen Bryan, Consumer Analyst at GlobalData, a leading data and analytics company, offers her view: “Kraft Heinz will benefit from the drop in temperature as ‘soup season’ kicks off and more people look for comfort foods during the winter months. This is […]