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GlobalData

Beth

UK-EU oil and gas ties to remain strong post-Brexit

As the UK leaves the EU, ripple effects will be felt throughout the UK economy. For the oil and gas industry, changes will occur but the impact of Brexit is unlikely to hamper the strong industry ties that currently exist between the UK and the EU, says GlobalData, a leading data and analytics company. The UK oil and gas industry relies fairly heavily on its EU neighbours. Imported natural gas coming from pipelines that cross Belgium and the Netherlands […]
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African LNG promise dependent on financing and politics

Following the news that Eni has signed a liquefied natural gas (LNG) supply agreement with Nigeria LNG; Cao Chai, Upstream Analyst at GlobalData, a leading data and analytics company, offers her view on the LNG projects currently in development in Africa: “Africa is aggressively moving forward with securing its share of the global liquefied natural […]
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UK attempts to find middle ground over ‘high-risk vendor’ concerns

Following the UK’s decision to impose new restrictions on ‘high-risk vendors’; Glen Hunt, Principal Analyst at GlobalData, a leading data and analytics company, offers his view: “The pronouncement by the UK Government marks an uneasy compromise over how to deal with ‘high-risk vendors’ (HRVs) participating in the country’s future 5G networks. “The deal attempts to address pressure from the US Government to impose an outright ban by keeping vendors such as Huawei from […]
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Partnerships in the augmented and virtual reality space reflect growing interest in healthcare applications

In recent years, an increasing number of partnerships have been forged between large technology companies, start-ups developing healthcare-specific applications, hospitals, and research centers in the virtual reality (VR)/augmented reality (AR) space due to increasing healthcare expenditure and the need for cutting-edge technologies to aid the development of novel therapies and diagnostics, according to GlobalData, a […]
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Coronavirus could seriously impact global tourism industry as China had 159 million outbound tourists in 2019

Following the news that Hong Kong is restricting its borders with the mainland to limit the spread of coronavirus; Ben Cordwell, Travel & Tourism Analyst at GlobalData, a leading data and analytics company, offers his view on the current situation: “As reported cases of the coronavirus increase and spread far beyond China, concern within the global tourism industry is understandably peaking. Travel stocks were among the biggest […]
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HIV first-in-class pipeline sees high levels of innovation that targets drug resistance and latency reversal

The human immunodeficiency virus (HIV) pipeline is robust, with 450 products in active development that display a high degree of novelty and diversity. Promisingly, there are 87 first-in-class products that act on a range of 50 molecular targets, which can broadly be classified as host or viral factors, indicating a high level of innovation in comparison with the marketed products, says GlobalData, a leading data and analytics company. The company’s recent report, ‘HIV: First-in-Class Therapies Target Major Unmet Needs Including Drug Resistance and Latency Reversal’, reveals that the majority of the 10 highest-ranking targets have […]
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Sobering attitudes towards autonomous vehicles see long-term forecasts cut by almost half

CES in 2020 saw much more measured attitudes towards autonomous vehicles (AVs) than in previous years. As AV developers move beyond the technical hype and begin to tackle the immense challenge of putting safe self-driving vehicles on the road, many have realised that this goal will take more investment and more time to reach than previously thought, says GlobalData, a leading data and analytics company. Mike Vousden, […]
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2020 oil and gas FIDs mark growth in importance of gas

Final Investment Decisions (FIDs) planned across the oil and gas value chain in 2020 are set to focus on natural gas developments, according to GlobalData, a leading data and analytics company. The company’s report, ‘Global Oil & Gas FIDs in 2020’, reveals that FIDs targeted for this year in the upstream and midstream sectors are heavily weighted towards gas and liquefied natural gas (LNG). This includes projects in the leading LNG exporters of Australia and Qatar, as well as in the key growth regions of North America and Africa. Will Scargill, Managing Oil and Gas Analyst at GlobalData, comments: “The world is increasingly looking to natural gas as […]
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Quorn’s carbon footprint tracker set to strengthen the brand’s appeal to 60% of consumers who prefer products with a low carbon footprint

Quorn, the world’s largest meat alternative brand, is the first major brand of its kind to develop and launch a carbon footprint tracker to highlight the quantity of carbon released when transporting the product ‘from farm to shop’, writes GlobalData, a leading data and analytics company. Aaron Bryson, Consumer Analyst at GlobalData, comments: “Quorn’s carbon […]
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Immuno-oncology and personalized medicine will continue to drive the pharmaceutical industry in 2020

Nearly three quarters of global industry stakeholders identified immuno-oncology (I-O) or personalized medicine as the most impactful trends that will shape the pharmaceutical sector in 2020, says GlobalData, a leading data and analytics company. Claire Herman, Global Director of Therapy Analysis and Epidemiology at GlobalData, comments: “For the second consecutive year, our survey found that […]
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