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A total of 73 deals* were announced in the global travel and tourism sector during July 2022, which is a decline of 39.2% over 120 deals that were announced in June 2022, according to GlobalData, a leading data and analytics company. Aurojyoti Bose, Lead Analyst at GlobalData, comments: “Deal making activity in the travel and tourism sector has remained […]
Telecoms companies can drive enterprise market growth with smaller business customers, says GlobalData
The recent financial results from telecoms service providers have been mixed, but there is a common trend towards growth in the small & medium-sized enterprise (SME) and small office home office (SOHO) markets, says GlobalData. The leading data and analytics company notes that the COVID-19 pandemic, the conflict in Ukraine, the associated rising cost of […]
Sarson’s fish and chips campaign will appeal to 66% of UK consumers as ethics is still a key purchase driver despite inflationary pressure, says GlobalData
Household vinegar brand Sarson’s #SarsonsFryday initiative, which gives consumers supporting their local chippies the chance to win free fish and chips, is a reminder to the industry that collaborations are a vital survival strategy in the face of a looming recession, says GlobalData, a leading data and analytics company. Hannah Cleland, Foodservice Analyst at GlobalData, […]
Karuna’s KarXT could have a major competitive edge for schizophrenia treatment, says GlobalData
Karuna Therapeutics recently announced positive topline results from the Phase III EMERGENT-2 trial of KarXT (xanomeline + trospium chloride) in acutely psychotic hospitalized adult patients with schizophrenia. According to GlobalData, if KarXT continues to show success within the EMERGENT trial program as a monotherapy, as well as in the ongoing ARISE trial as an adjunctive to traditional antipsychotics, […]
Pursuit of tech-enhanced military rotorcraft to drive global spending to $24 billion by 2032, says GlobalData
By 2032, most military rotorcraft—which includes Transport and Utility Helicopter, Attack Helicopter and Maritime Helicopter—are expected to contain an integrated artificial intelligence (AI) system, according to GlobalData. The leading data and analytics company notes that this is just one of the multiple advanced modernizations that are being pursued by countries such as the US, Russia, […]
Authentic Brands Group must refresh Ted Baker’s proposition to survive, says GlobalData
Following the news that Authentic Brands Group is set to buy Ted Baker for £221m; Emily Salter, Senior Apparel Analyst at GlobalData, offers her view: “This will give Ted Baker the stability it needs to turn its fortunes around as it has fallen out of favour among shoppers and faces more difficulties as consumers cut back […]
Card payments in Argentina to grow at 29.9% CAGR between 2021 and 2025, forecasts GlobalData
While cash has traditionally been the most preferred payment method in Argentina, the COVID-19 pandemic is acting as a catalyst for the growth of electronic payments, says GlobalData. According to the leading data and analytics company, Argentina’s card payments market is set to grow at an impressive compound annual growth rate (CAGR) of 29.9% between […]
Hiring activity declined during Q2 2022 amid layoff concerns, finds GlobalData
Job postings declined in Q2 2022 after an increase in the previous quarter. Active Jobs declined by 1% in Q2 2022, while closures rose 9% compared to the previous quarter. Technology themes such as ‘Cloud’, ‘Big Data’, and ‘Digital Media’ posted and closed more jobs in Q2 2022 over Q1 2022. Retail and technology sectors […]
Latham & Watkins and Kirkland & Ellis top M&A legal advisers by value and volume in power sector for H1 2022, finds GlobalData
Latham & Watkins and Kirkland & Ellis were the top mergers and acquisitions (M&A) legal advisers in the power sector for H1 2022 by value and volume, respectively, according to the latest Legal Advisers League Table by GlobalData. Based on its Financial Deals Database, the leading data and analytics company has revealed that Latham & Watkins achieved its leading position […]
Goldman Sachs and Rothschild & Co top M&A financial advisers by value and volume in power sector for H1 2022, finds GlobalData
Goldman Sachs and Rothschild & Co were the top mergers and acquisitions (M&A) financial advisers in the power sector for H1 2022 by value and volume, respectively, according to the latest Financial Advisers League Table by GlobalData. Based on its Financial Deals Database, the leading data and analytics company has revealed that Goldman Sachs achieved its leading position by […]
Wachtell, Lipton, Rosen & Katz and Kirkland & Ellis top M&A legal advisers by value and volume in automotive sector for H1 2022, finds GlobalData
Wachtell, Lipton, Rosen & Katz and Kirkland & Ellis were the top mergers and acquisitions (M&A) legal advisers in the automotive sector for H1 2022 by value and volume, respectively, according to the latest legal advisers league table by GlobalData. Based on its Financial Deals Database, the leading data and analytics company has revealed that Wachtell, Lipton, Rosen & Katz […]
Baykar expanding to Ukraine would be a welcome boost for the country’s defense industry, says GlobalData
Following the news that ambassador Vasyl Bodnar has claimed that private Turkish defense company Baykar Defense is making moves to establish production in the west of Ukraine; James Marques, Associate Aerospace, Defense and Security Analyst at GlobalData, a leading data and analytics company, offers his view: “It is noted that the proposed Turkish factory will produce wheels, […]
JP Morgan and Lazard top M&A financial advisers by value and volume in automotive sector for H1 2022, finds GlobalData
JP Morgan and Lazard were the top mergers and acquisitions (M&A) financial advisers in the automotive sector for H1 2022 by value and volume, respectively, according to the latest financial advisers league table by GlobalData. Based on its Financial Deals Database, the leading data and analytics company has revealed that JP Morgan achieved its leading position by value by […]
Ulcerative colitis treatment pipeline flush with promising therapies, says GlobalData
The ulcerative colitis (UC) treatment pipeline is flush with promising therapies, with over 13 agents in either Phase IIb or III development. Many of these agents are in the later stages of development and have promising novel mechanisms of action (MOAs) and new routes of administration, which will ultimately provide more treatment options for patients […]
Knee and hip replacement surgery could be revolutionised by new Enovis’ ARVIS augmented reality device, says GlobalData
The unveiling and approval of Enovis’ ARVIS, a wearable augmented reality (AR) device, represents a game changer for orthopedic procedures as this new technology can help deliver precision assistance for surgeons performing knee and hip replacements, says GlobalData, a leading data and analytics company. ARVIS, meaning augmented reality visualisation and information system, is a surgical […]
More mayhem for UK insurers as sizzling temperatures return: Heatwaves and other weather-related events already account for 10.8% of home insurance claims, finds GlobalData
Scorching weather coupled with a lack of rain will create the perfect conditions for wildfires in the UK, and insurers should brace themselves for a rise in home insurance claims as flames spread into inhabited areas, says GlobalData. According to the leading data and analytics company, climate change and extreme weather conditions will only increase […]
Latham & Watkins and Vinson & Elkins top M&A legal advisers by value and volume in oil and gas sector for H1 2022, finds GlobalData
Latham & Watkins and Vinson & Elkins were the top mergers and acquisitions (M&A) legal advisers in the oil and gas sector for H1 2022 by value and volume, respectively, according to the latest legal advisers league table by GlobalData. Based on its Financial Deals Database, the leading data and analytics company has revealed that Latham & Watkins achieved its […]
RBC Capital Markets top M&A financial adviser in oil and gas sector for H1 2022, finds GlobalData
RBC Capital Markets was the top mergers and acquisitions (M&A) financial adviser in the oil and gas sector for H1 2022 by both value and volume, according to the latest financial advisers league table by GlobalData. Based on its Financial Deals Database, the leading data and analytics company has revealed that RBC Capital Markets achieved its leading position by […]
Samsung best positioned to dominate foldable phone segment with new Z Flip series variants, says GlobalData
Following the news that Samsung has announced two new folding phones; Anisha Bhatia, Senior Analyst at GlobalData, a leading data and analytics company, offers her view: “Samsung is going from strength to strength in foldables with its new Z Flip 4 and Z Fold 4 phones, cementing its position in this innovative hardware segment. Samsung […]
Jobs Recap July 2022: Active jobs downtrend continues with higher jobs closures and layoffs, finds GlobalData
The number of jobs available for application (‘active jobs’) continued on a downtrend in July 2022, according to GlobalData, as the rate at which jobs were closed and removed from career pages (the ‘jobs closure rate’) was higher than the rate at which new jobs were posted. The leading data and analytics company notes that […]