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GlobalData, a leading data and analytics company, has found that 57% of industry experts believe that finding a COVID-19 vaccine is an important healthcare issue for the US presidential election in November. The COVID-19 pandemic and race for a vaccine has emphasized the need to address healthcare policy heading into the US presidential election in […]
Latham & Watkins and CMS were top M&A legal advisers by value and volume in Europe for Q1–Q3 2020
Latham & Watkins and CMS were the top legal advisers for mergers and acquisitions (M&A) in Europe by value and volume for Q1–Q3 2020, respectively. A total of 6,245 M&A deals were announced in Europe during the period, according to GlobalData, a leading data and analytics company. According to GlobalData’s M&A report, ‘Global & Europe […]
BMO Capital Markets leads M&A financial adviser league table in global metals and mining sector for Q1–Q3 2020
BMO Capital Markets emerged as the top financial adviser for mergers and acquisitions (M&A) in the global metals and mining sector by value as well as volume for Q1–Q3 2020. A total of 1,233 M&A deals were announced in the metals and mining sector during the period, according to GlobalData, a leading data and analytics […]
McCarthy Tetrault and Blake Cassels & Graydon were top M&A legal advisers by value and volume in metals and mining sector for Q1–Q3 2020
McCarthy Tetrault and Blake Cassels & Graydon have emerged as the top legal advisers for mergers and acquisitions (M&A) in the global metals and mining sector by value and volume for Q1–Q3 2020, respectively. A total of 1,233 M&A deals were announced in the metals and mining sector during the period, according to GlobalData, a […]
Citi was top financial adviser for M&As by volume while Bank of America and Moelis jointly held top spot by value in MEA for Q1-Q3 2020
Bank of America and Moelis & Co were the top financial advisers for mergers and acquisitions (M&A) in the Middle East and Africa (MEA) region by value while Citi was the top adviser by volume for Q1-Q3 2020. A total of 677 M&A deals were announced in MEA region during the period, according to GlobalData, […]
Goldman Sachs and Rothschild & Co were top M&A financial advisers by value and volume in Europe for Q1-Q3 2020
Goldman Sachs and Rothschild & Co were the top financial advisers for mergers and acquisitions (M&A) in Europe by value and volume, respectively, for Q1-Q3 2020. A total of 6,245 M&A deals were announced in Europe during the period, according to GlobalData, a leading data and analytics company. According to GlobalData’s M&A report, ‘Global & […]
Allen & Overy tops M&A legal adviser league table in MEA for Q1-Q3 2020
Allen & Overy emerged as the top adviser for mergers and acquisitions (M&A) in the Middle East & Africa (MEA) region by both value and volume for Q1-Q3 2020. A total of 677 M&A deals were announced in MEA region during the period, according to GlobalData, a leading data and analytics company. According to GlobalData’s […]
Pharma industry favors Joe Biden’s campaign despite his push for lower drug prices
The contrast between US President Donald Trump and the Democrat nominee Joe Biden’s stances on healthcare are quite stark. While it is not immediately clear whose policies would benefit pharma players more, it appears that the pharmaceutical industry has a clear favorite as it donated $5.9m to Biden’s presidential campaign compared to Trump’s $1.5m donation, […]
Morgan Stanley and Goldman Sachs were top M&A financial advisers by value and volume in North America for Q1–Q3 2020
Morgan Stanley and Goldman Sachs were the top mergers and acquisitions (M&A) financial advisers in North America for Q1–Q3 2020 by value and volume, respectively. A total of 8,898 M&A deals were announced in North America during the period, according to GlobalData, a leading data and analytics company. According to GlobalData’s M&A report, ‘Global & […]
Simpson Thacher & Bartlett and Kirkland & Ellis were top legal advisers by value and volume in North America for Q1–Q3 2020
Simpson Thacher & Bartlett and Kirkland & Ellis were the top mergers and acquisitions (M&A) legal advisers in North America for Q1–Q3 2020 by value and volume, respectively. A total of 8,898 M&A deals were announced in North America during the period, according to GlobalData, a leading data and analytics company. According to GlobalData’s M&A […]
Shippers’ sentiments thrive on e-commerce boom, ride-hailing companies pivot towards deliveries
Surging online orders drove sentiments for shippers such as FedEx and United Parcel Service (UPS). At the same time, food deliveries are a bright spot for ride-hailing companies with Lyft seeking to expand into the segment, says GlobalData, a leading data and analytics company. Rinaldo Pereira, Senior Analyst at GlobalData, says: “The sentiment recovery for […]
Innovate UK prioritizing over 39% of funding to COVID-19 grants demonstrates priority for infectious diseases, says GlobalData
The current COVID-19 pandemic has caused the granting agency Innovate UK to prioritize innovative COVID-19 projects. Infectious disease has become the priority in terms of grant funding for companies, in particular small to mid-size enterprises, says GlobalData, a leading data and analytics company. Innovate UK invested almost £1.5m ($2m) on innovative pharmaceutical research projects in […]
McDonald’s one million free meal giveaway will resonate with 1 in 3 UK consumers
McDonald’s has joined a number of UK foodservice operators in offering to support families with free meals over this school half term, in response to English football star Marcus Rashford’s plea for the most vulnerable youngsters to be fed during this period. The move may seem surprising given the industry’s current challenges – *UK foodservice profit operators have seen sales fall to under US$71bn in 2020, against an initial […]
FedEx rides e-commerce wave during COVID-19 pandemic, paces up hiring for holiday season
FedEx is preparing for an exciting holiday season going by its recent job postings. The company announced plans to add 70,000 positions across key US markets, as part of its earning call for the quarter ending 31 August 2020. FedEx has been pacing up hiring with over 5,000 open positions currently, as compared to 3,500 […]
The Entertainer hit by lack of toy innovation
Following today’s release of The Entertainer FY figures for 2019/20, Jonathan Rock, Retail Analyst at GlobalData, a leading data and analytics company, comments: “A lack of toy crazes and challenging high-street conditions decimated profit at The Entertainer in the year ending January 2020, falling 28.6%. Thankfully, the integration of the Early Learning Centre (ELC) brand, […]
Uninspiring product ranges and heavy discounting leave Gap irrelevant in European market
Following the news that Gap is reportedly considering closing all company-owned stores in Europe; Gemma Boothroyd, Apparel Analyst at GlobalData, a leading data and analytics company, offers her view on this news: “Reports that Gap may be closing all of its European stores come as no surprise given its undistinguishable product offering and failure to […]
Second wave of COVID-19 vaccines unlikely to be required to improve on protection data of first batch of authorized vaccines
With the US’ Food and Drug Administration’s staging an all-day virtual meeting yesterday (22 October) regarding its planned standards for authorizing a COVID-19 vaccine; Reynald Castañeda, Pharma Writer for the Investigative News team at GlobalData, offers his view: “In the event at least one of the COVID-19 vaccine frontrunners is granted an FDA Emergency Use […]
Top global banks’ MCAP remained far below pre-COVID-19 levels in Q3 2020
The aggregate market cap of the top 25 global banks declined 3.7% from $2.7 trillion on 30 June 2020 (Q2 2020) to $2.6 trillion as of 30 September 2020 (Q3 2020). Of the top 25, 14 reported moderate growth in market cap, while 11 reported quarter on quarter (q-o-q) decline. The most notable drops were […]
There are signs of recovery for InterContinental Hotels, despite significant RevPAR decline
Following today’s release of InterContinental Hotels Group (IHG) Q3 2020 trading update, Ben Cordwell, Travel & Tourism Analyst at GlobalData, a leading data and analytics company, offers his view on the company’s results: “A year-on-year (YOY) RevPAR decline of 53.4% and an occupancy rate down 30% on the previous year highlight how tough Q3 has […]
Russia looks set to resume Nuclear-Powered Burevestnik Cruise Missile testing
Following reports that Russia is preparing facilities to resume testing the Burevestnik nuclear cruise missile, Anthony Endresen, Aerospace and Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “Russia’s preparations to resume testing the Burevestnik missile, NATO codename SKYFALL, come as the US seeks to renegotiate the New START treaty with […]