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Rothschild & Co and UBS were the top mergers and acquisitions (M&A) financial advisers in the South & Central America region in 2022 by value and volume, respectively, according to the latest financial advisers league table by GlobalData, which ranks financial advisers by the value and volume of M&A deals on which they advised. Based […]
AI and Big Data will be most impactful emerging technologies for pharma industry in 2023, finds GlobalData survey
Artificial Intelligence (AI) and Big Data will be the two most impactful technologies for the pharmaceutical industry for the fourth year in a row in 2023, according to a survey by GlobalData. The leading data and analytics company notes that 39% of healthcare industry professionals in the survey believed that AI would be the emerging […]
GlobalData reveals major trends for in vitro diagnosis in 2023
2023 will be an interesting year to watch as it marks the second year of recovery following the breakout of the pandemic and there will be a continued drop in COVID-19 testing and a steady increase in multiparameter respiratory tests as testing has been integrated into many people’s lives due to the pandemic. Overall, this […]
Global diagnostic imaging market to reach $31.9 billion in 2023, forecasts GlobalData
The global diagnostic imaging market is set to reach $31.9 billion in 2023 and will record steady growth with a compound annual growth rate (CAGR) of 4.8% to reach $45.8 billion in 2030, mainly driven by an increase in the prevalence of chronic diseases and increased demand for imaging procedures from an aging population, forecasts […]
Supply security through hydropower should enable Laos to expedite renewables development, says GlobalData
With supply security through hydropower and being a net exporter of electricity, Laos has the capacity to expedite renewables development depending on funding support from developed countries, as it targets to achieve 30% of its energy consumption from renewable sources by 2025, says GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Laos Power […]
V Retail acquisition to enable Reliance Retail tap the growing footwear market in India, says GlobalData
Reliance Retail’s acquisition of V Retail Pvt Ltd, a South Indian footwear retailer will enable the subsidiary of Reliance Industries to tap the growing Indian footwear market that has recovered from the adverse impact of the pandemic and is set to grow significantly in the coming years, says GlobalData, a leading and data analytics company. […]
Credit and charge card payments in Hong Kong to exceed $100 billion by 2026, forecasts GlobalData
The Hong Kong credit and charge card payments market is set to grow at a compound annual growth rate (CAGR) of 3.9% between 2022–2026 to reach HKD831.9 billion ($106.7 billion) in 2026, driven by a significant shift in consumer preferences towards non-cash payment methods and recovery in consumer spending, forecasts GlobalData, a leading data and […]
Cost, Taste and Ethical Eating: Restaurants must balance all three to achieve post-Veganuary success, says GlobalData
Meeting consumer expectations for ethical, ‘green’ offerings while maintaining reasonable costs will be a notable challenge for restaurants in launching vegan menus this year, opines GlobalData. Veganuary has always proved a valuable period for brands to showcase new meat alternative innovations, but this year, it’s the ‘green’ credentials associated with vegan offerings that will reel […]
Goldman Sachs and Houlihan Lokey top M&A financial advisers in North America by value and volume in 2022, finds GlobalData
Goldman Sachs and Houlihan Lokey were the top mergers and acquisitions (M&A) financial advisers in the North American region for 2022 by value and volume, respectively, according to the latest financial advisers league table by GlobalData, which ranks financial advisers by the value and volume of M&A deals on which they advised. Based on its […]
Simpson Thacher & Bartlett and Kirkland & Ellis top M&A legal advisers by value and volume in North America in 2022, finds GlobalData
Simpson Thacher & Bartlett and Kirkland & Ellis were the top mergers and acquisitions (M&A) legal advisers in North America for 2022 by value and volume, respectively, according to the latest legal advisers league table by GlobalData, which ranks legal advisers by the value and volume of M&A deals on which they advised. Based on […]
Chipotle’s investments in robotics and Metaverse promises robust future outlook, says GlobalData
Following Chipotle’s overweight stock rating by Wells Fargo; Ramsey Baghdadi, Foodservice Analyst at GlobalData, a leading data and analytics company, offers his view: “Chipotle has proactively engaged with and invested in key forward-thinking themes in the foodservice industry such as Robotics (e.g. piloting the AI kitchen assistant Chippy) and the Metaverse (e.g. launching the Burrito […]
North America to dominate global ammonia capacity additions by 2027, says GlobalData
North America is set to lead the global ammonia industry capacity additions with a share of 34% by 2027, as it gains capacities from new-build and expansion projects between 2023 and 2027, says GlobalData, a leading data and analytics company. GlobalData’s latest report ‘Ammonia Industry Installed Capacity and Capital Expenditure (CapEx) Forecast by Region and […]
DeadHappy grows in recognition among UK consumers with controversial advertising campaigns, says GlobalData
Following the news of UK life insurer, DeadHappy, has run into anger over its recent advertising campaign featuring an image of Harold Shipman accompanied by the line “because you never know who your doctor might be”; Benjamin Hatton, Insurance Analyst at GlobalData, a leading data and analytics company, offers his view: “DeadHappy has positioned itself […]
Goldman Sachs and Rothschild & Co top M&A financial advisers by value and volume in Europe in 2022, finds GlobalData
Goldman Sachs and Rothschild & Co were the top mergers and acquisitions (M&A) financial advisers in Europe in 2022 by value and volume, respectively, according to the latest financial advisers league table by GlobalData, which ranks financial advisers by the value and volume of M&A deals on which they advised. Based on its Financial Deals […]
Freshfields Bruckhaus Deringer and CMS were top M&A legal advisers by value and volume in Europe for 2022, finds GlobalData
Freshfields Bruckhaus Deringer and CMS were the top mergers and acquisitions (M&A) legal advisers in Europe in 2022 by value and volume, respectively, according to the latest legal advisers league table by GlobalData, which ranks legal advisers by the value and volume of M&A deals on which they advised. Based on its Financial Deals Database, […]
Intercept Pharmaceuticals’ obeticholic acid could be first drug to be approved for NASH, says GlobalData
Intercept Pharmaceuticals’ obeticholic acid could be first drug to be approved for NASH, says GlobalData Following FDA’s acceptance for Intercept Pharmaceuticals’ resubmission of its new drug application (NDA) for obeticholic acid (OCA) in patients with pre-cirrhotic liver fibrosis due to non-alcoholic steatohepatitis (NASH) in December 2022 Sravani Meka, Senior Immunology Analyst at GlobalData, a leading […]
Medibank regains top position in Australia health insurance market in 2022, reveals GlobalData
Medibank regained its position as the leading Australian health insurer in 2022, ending the six-year dominance of Bupa, says GlobalData, a leading data and analytics company. GlobalData’s Insurance Database reveals that in a highly consolidated Australian health insurance market, Medibank’s direct written premiums (DWP) grew at a compound annual growth rate (CAGR) of 2.1% during […]
Bangladesh leans towards coal-based power as renewables development faces challenges, says GlobalData
Bangladesh is set to increase the coal-based power generation capacity to ensure supply security at a time when many other countries are focussing on the development of renewables and cut dependency on thermal power to achieve climate goals. The country’s move to expand coal power comes as challenges remain for renewables development, including inadequate grid […]
Card payments in India to grow at a strong 18.7% CAGR between 2022 and 2026, forecasts GlobalData
India’s card payments market is set to grow at a compound annual growth rate (CAGR) of 18.7% between 2022 and 2026 to reach INR43.3 trillion ($581.2 billion) in 2026, driven by consumers’ increasing preference for electronic payments, improvement in payment infrastructure, and constant efforts by financial authorities to boost cashless payments, forecasts GlobalData, a leading […]
Malaysia renewables growth hindered by unrealistic targets and absence of robust policies, says GlobalData
In 2021, the Ministry of Energy and Natural Resources of Malaysia (KeTSA) set a target to achieve 31% renewable capacity by 2025 and 40% by 2035. Later in the National Energy Policy (2022 – 2040) the government set a target to achieve 18.4GW renewable capacity by 2040. Both objectives are highly unrealistic, as only 9.1% […]