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As larger players such as Fidelity and Charles Schwab come round to the idea of cryptocurrency, they are typically introducing crypto exchange-traded funds (ETFs). However, high-net-worth (HNW) investors remain keen to go direct into the asset class, according to GlobalData, a leading data and analytics company. Sergel Woldemichael, Senior Wealth Management Analyst at GlobalData, comments: “Cryptocurrency […]
Lithuania will focus on key acquisitions after increasing its defense budget to $1.6 billion in 2022, says GlobalData
Lithuania has allocated increased funding to its defense budget to purchase new systems including High Mobility Artillery Rocket Systems (HIMARS), Switchblade loitering munitions and Oshkosh JLTVs amid the conflict in Ukraine. The effectiveness of both HIMARS and Switchblades in Ukraine has demonstrated to Lithuanian forces that these weapons can be effective in combat, particularly against […]
GlobalData’s US Active Jobs Index dips 7.8% in September 2022
GlobalData’s US Active Jobs Index declined 7.8% month-on-month (MoM) in September 2022, while maintaining a healthy 47% increase over pre-COVID-19 numbers. GlobalData’s Active Jobs Index is predicting a similar trajectory to the US Bureau of Labor Statistics’ (BLS) Job Openings and Labor Turnover Survey (JOLTS) job openings index. Srinivas Rahul, Business Fundamentals Analyst at GlobalData, comments: “September 2022 […]
GlobalData’s UK Active Jobs Index dips by 9.4% in September 2022
GlobalData’s Job Analytics Database reveals that the Active Jobs Index in the UK fell by 9.4% in September 2022, with active jobs continuing on a downward trend in Q3 2022 as UK labour markets face inflationary pressures. The leading data and analytics company found that job closures were 7% higher than new job postings during September, resulting […]
Sustainability least important factor for UK SMEs when choosing insurance as inflation takes precedence, finds GlobalData
An insurer’s record on sustainability is important to small and medium sized enterprises (SMEs) in the UK but it is still the least important factor to businesses when it comes to choosing policies, and this is likely to be exacerbated by soaring inflation, according to GlobalData. The leading analytics company notes that rising inflation—at a […]
SpinLaunch’s tenth successful test in a year demonstrates its sustainable space launch potential, says GlobalData
Following reports that US space launch start-up SpinLaunch has successfully conducted its tenth test in less than a year, carrying third party experiments on a suborbital sortie; Harry Boneham, Aerospace Analyst at GlobalData, a leading data and analytics company, offers his view: “This successful test further validates SpinLaunch’s burgeoning credentials as a true challenger to […]
GlobalData revises upward Saudi Arabia and Qatar’s 2022 GDP growth forecast to 7.5% and 4.3%
Increasing oil and gas prices, coupled with a rise in demand, is expected to generate higher revenues for the Saudi Arabian and Qatari economies. Against this backdrop, GlobalData, a leading data and analytics company, has revised its 2022 real gross domestic product (GDP) growth forecast for Saudi Arabia and Qatar, to 7.5% and 4.3% respectively, in September […]
Aldi takes fourth place in UK grocery market in 2022 as 3.1 million shoppers switch to the discounter, says GlobalData
Discounters are benefitting the most from the cost-of-living crisis, with their low cost and quality credentials appealing to consumers who are shifting their shopping habits to help cope with inflation, says GlobalData. According to the leading data and analytics company, Aldi’s UK grocery market share is forecast to grow 0.3ppts to 7.1% in 2022 meaning […]
RNA sequencing may provide non-invasive endometriosis diagnoses for the first time, says GlobalData
Recently published findings from researchers at the Feinstein Institute in Manhasset, New York, supporting the use of single-cell RNA sequencing in diagnosing endometriosis could help provide faster diagnoses and earlier commencement of treatment, thereby cutting expenses for patients who often seek help from several different healthcare professionals before official diagnosis, says GlobalData, a leading data […]
Global artillery systems market to reach $6.8 billion in 2032, driven by rising military spending and advanced artillery systems, forecasts GlobalData
With increasing military expenditure, owing to a rise in potential border tensions and ongoing modernization programs that focus on inducting advanced artillery systems, the global artillery systems market is forecast to grow at a compound annual growth rate (CAGR) of 2.7% between 2022 and 2032 to reach $6.8 billion in 2032, according to GlobalData, a […]
Economic turmoil could spell trouble for firms reliant on MoD contracts, says GlobalData
Following the release of the UK Ministry of Defence’s (MoD) information on trade, industry and contracts for 2022; Harry Boneham, Aerospace Analyst at GlobalData, a leading data and analytics company, offers his view: “It’s clear that UK defense contractors are increasingly relying upon the MoD as a major source of revenue. Large firms such as […]
US IPO activity drops significantly in the first eight months of 2022, says GlobalData
Initial public offerings (IPOs) had a blockbuster year for listings on the US stock exchanges in 2021 and it was expected to continue in 2022. However, activity has dropped dramatically in the first eight months of 2022, finds GlobalData. According to the leading data and analytics company’s Deals Database, there were 1,233 IPO listings registered with […]
Hurricane Ian likely to bring incurred losses in US fire and natural hazards market to near record level, says GlobalData
Following the news that Hurricane Ian, a devastating category four storm, has swept through Florida overnight; Benjamin Hatton, Associate Insurance Analyst at GlobalData, a leading data and analytics company, offers his view: “Hurricane Ian comes after a series of adverse weather events in the US during 2022 and, as one of the strongest hurricanes the […]
Appointment of Daniel Lee a wise move by Burberry to maximize growth, says GlobalData
Following the news that Burberry has appointed Daniel Lee as its new chief creative officer, as Riccardo Tisci steps down; Darcey Jupp, Apparel Analyst at GlobalData, offers her view: “The appointment of Daniel Lee as creative director is a wise move by Burberry, as he successfully transformed Bottega Veneta into an aspirational brand popular among […]
Eisai and Biogen’s lecanemab finally shows potential for targeting amyloid beta in Alzheimer’s disease, says GlobalData
Following the news that Eisai and Biogen’s anti-amyloid beta (Aβ) monoclonal antibody (mAb) lecanemab was effective in reducing cognitive clinical decline among patients with early Alzheimer’s disease (AD) in the Phase III Clarity AD trial (NCT03887455); Pippa Salter, Senior Neurology Analyst at GlobalData, a leading data and analytics company, offers her view: “After multiple failures, […]
Vodafone Pulse Connect ups the ante in battle for UK SME business, says GlobalData
Vodafone is targeting the UK small and medium-sized (SME) enterprise market with its Vodafone Pulse Connect proposition; Robert Pritchard, Senior Analyst for Enterprise Technology and Services at GlobalData, a leading data and analytics company, offers his view: “There is a huge amount of potential in the UK SME market, which consisted of approximately 5.6 million […]
Pressure from broadcasters ensures UEFA European Championships remain at 24 teams, says GlobalData
Following the news that UEFA is to set abandon its plans to expand the European Championships to 32 teams from 2028; Conrad Wiacek, Head of Sport Analysis at GlobalData, a leading data and analytics company, offers his view: “The UEFA’s media partners have effectively blocked its plans to expand the European Championships to 32 teams […]
UK will struggle to fund £100 billion for 2030 defense budget if pound continues to fall, says GlobalData
Following the news that the value of the pound has plummeted; Madeline Wild, Aerospace, Defense & Security Analyst at GlobalData, a leading data and analytics company, offers her view: “The weakening of the pound against the US dollar will make it harder for the UK government to fund the £100 billion 2030 defense budget that […]
US Army’s investment in next generation automatic test systems will prove quintessential in ensuring optimal financial and operational readiness, says GlobalData
The US Army recently revealed that the 3rd Armored Brigade Combat Team, 4th Infantry Division had saved $26 million in maintenance, repair and overhaul (MRO) costs over the course of five months due to the advanced capabilities provided by the next generation automatic test system (NGATS), a containerized diagnostics and troubleshooting solution, produced by Northrop Grumman and […]
Russian PCR systems market to shrink by 44% in 2022 to $17.81 million due to technology sanctions and supply chain issues, says GlobalData
Sanctions placed on Russia since the start of its conflict with Ukraine have had a huge impact on some vital medical supplies as the country imports 64% of its medical equipment. Leading data and analytics company GlobalData reveals that the Russian market for polymerase chain reaction (PCR) systems, which are used to test for diseases, […]