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shankar besta

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GlobalData reveals Twitter influencers’ opinions on possible market turmoil around Credit Suisse and Deutsche Bank

Twitter influencers’ conversations around Credit Suisse Group AG (Credit Suisse) and Deutsche Bank AG (DB) have spiked up in the first week of October, after the speculation-mongering on the financial default of these global banks, reveals the Social Media Analytics Platform of GlobalData, a leading data and analytics company. Credit Suisse’s share price continue to […]
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Asia to dominate global vinyl chloride monomer capacity additions in 2026, forecasts GlobalData

Asia will lead the global vinyl chloride monomer (VCM) industry capacity additions accounting for a share of 66% in 2026, by gaining capacity from new-build and expansion projects between 2022 and 2026, forecasts GlobalData, a leading data and analytics company. GlobalData’s latest report ‘Vinyl Chloride Monomer (VCM) Industry Installed Capacity and Capital Expenditure (CapEx) Forecast […]
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Australian wine market to surge by 4.1% CAGR between 2021–2026 as COVID-19 severity abates, says GlobalData

With the severity of COVID-19 dissipating, consumers have started dining out and socializing more often, and we are now witnessing a resurgence in tourism activity. However, pandemic-induced habits will continue to influence the product choices of Australian wine consumers. Against this backdrop, the Australian wine market will grow from AUD9.8 billion ($7.4billion) in 2021 to […]
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Macy’s plan to target fashion-conscious young Indian consumers with Myntra will be win-win combination, opines GlobalData

American department store chain Macy’s plan to enter the Indian market by partnering with popular online retailer Myntra to offer its private brand portfolio will be a win-win situation for the two companies, opines GlobalData, a leading data and consultancy company. Raviteja Neralla, Retail Analyst at GlobalData, comments: “Myntra will offer over 600 options from […]
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On-premise consumption resurgence to propel Japan wine market to $10.2 billion in 2026, forecasts GlobalData

Even as the COVID-19-induced cocooning behavior and fiscal prudence continue to spur at-home consumption of wine in Japan, on-premise demand for wine is also witnessing a rebound as foodservice and tourism venues resume normal operations, and more cultural and sports events, weddings, and parties are organized. Against this background, the Japanese wine market will grow […]
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China to lead purified terephthalic acid capacity additions in Asia in 2026, forecasts GlobalData

China will lead the purified terephthalic acid (PTA) capacity additions in Asia, accounting for about 69% of the region’s capacity additions in 2026, estimates GlobalData, a leading data and analytics company. GlobalData’s latest report, “Purified Terephthalic Acid (PTA) Industry Installed Capacity and Capital Expenditure (CapEx) Forecast by Region and Countries including details of All Active […]
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Asia to dominate global purified terephthalic acid (PTA) capacity additions through 2026, forecasts GlobalData

Asia will lead the global purified terephthalic acid (PTA) industry capacity additions between 2022 and 2026 with a share of 77%, driven by new-build and expansion projects, forecasts GlobalData, a leading data and analytics company. GlobalData’s latest report ‘Purified Terephthalic Acid (PTA) Industry Installed Capacity and Capital Expenditure (CapEx) Forecast by Region and Countries including […]
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Renewables key for Thailand to overcome dependency on fossil fuel imports, says GlobalData

Renewable energy development is key for Thailand to cut its dependency on fossil fuel imports, as gas-based thermal power generation accounted for nearly 61.3% of the country’s annual electricity generation in 2021, says GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Thailand Power Market Size, Trends, Regulations, Competitive Landscape and Forecast, 2022-2035’, reveals […]
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Climate change and regulatory developments to drive South Korea reinsurance industry to reach $11.9bn in 2026, forecasts GlobalData

The South Korean reinsurance industry will grow at a compound annual growth rate (CAGR) of 7.0% from KRW9.6 trillion ($8.4 billion) in 2021 to KRW13.4 trillion ($11.9 billion) in 2026, in terms of gross written premiums (GWP), supported by climate change and positive regulatory developments, predicts GlobalData, a leading data and analytics company. GlobalData’s Global […]
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Indonesia to speed up geothermal development to solve energy issues, says GlobalData

With an estimated 24GW in geothermal reserves that account for 40% of the world’s geothermal resources, Indonesia is set to accelerate the geothermal power development to solve its energy issues, says GlobalData, a leading data and analytics company. GlobalData’s latest report, “Indonesia Power Market Size, Trends, Regulations, Competitive Landscape and Forecast, 2022-2035,” reveals that Indonesia […]
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Rising recyclability demand pushes more Australian beverage makers to switch to rPET bottles, says GlobalData

As recycled polyethylene terephthalate (rPET) containers can drastically lower carbon emissions and help promote a circular economy, the consumer demand for recyclable packaging is on the rise, forcing more Australian beverage manufacturers to switch from PET to rPET bottles, says GlobalData, a leading data and analytics company. Suneera Joseph, Consumer Analyst at GlobalData, comments: “Australia […]
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PAG acquisition of Patties, Vesco in Australia saturated savory snacks market may benefit in long-term, opines GlobalData

PAG, a Hong Kong-based affiliate of the Blackstone Group, has agreed to acquire Australia-based savory snacks manufacturer Patties Foods and ready-meals manufacturer Vesco Foods for an estimated $472 million. The move adds home leading brands such as “Four’n Twenty” and “Lean Cuisine” to its portfolio. However, these acquisitions will only be beneficial for PAG in […]
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Card payments in Taiwan to grow by 6.2% in 2022, estimates GlobalData

The Taiwanese card payments market will grow by 6.2% in 2022 to reach TWD3.5 trillion ($127.5 billion), as the country’s economy gradually recovers from the COVID-19 pandemic, forecasts GlobalData, a leading data and analytics company. According to GlobalData’s Payment Cards Analytics, the value of card payments declined by 6.3% in 2020 due to the COVID-19 […]
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Mobile wallet payments go mainstream in India, says GlobalData

Mobile wallet payments have gained significant prominence in India with mobile and digital wallets gradually replacing traditional payments such as cash and cards as retailers from street merchants to big chains prefer mobile payments, finds GlobalData, a leading data and analytics company. India is one of the most developed mobile wallet markets in the world, […]
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Global deal activity down by 16.5% in August 2022, reveals GlobalData

Challenging macroeconomic conditions and geopolitics have negatively impacted the deal-making sentiments globally. Against this backdrop, a total of 4,188 deals (comprising mergers & acquisitions (M&A), private equity, and venture financing deals) were announced globally during August 2022, a decline of 16.5% compared to the previous month, says GlobalData, a leading data and analytics company. An […]
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