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Wyndham Hotels & Resorts today (30 April 2019) announced its Q1 2019 results, Nick Wyatt, Head of Tourism at GlobalData, a leading data and analytics company, offers his view on the company’s performance: “Revenues have increased markedly compared to last year, but when you factor in $169 million of incremental revenues from La Quinta, they […]
India’s Internet battle heats up with Reliance Industries set to disrupt ecommerce, says GlobalData
Indian industrial conglomerate Reliance Industries is well positioned to disrupt the country’s fast-growing ecommerce and mobile payment markets, according to GlobalData, a leading data and analytics company. Building on a foundation of 300 million Reliance Jio mobile subscribers and the country’s biggest retail chain, the company’s ambition is to combine its retail and ecommerce operations […]
COPD lagging behind asthma in terms of innovation, says GlobalData
In terms of first-in-class (FIC) product innovation, the Chronic Obstructive Pulmonary Disease (COPD) pipeline is lagging behind the asthma pipeline, says GlobalData, a leading data and analytics company. The company’s latest report, ‘Asthma and Chronic Obstructive Pulmonary Disease: Asthma Ahead of COPD in Terms of Innovation with the Focus on Targeted Biologic Therapies for Severe […]
Novartis’ case for innovative gene therapy for spinal muscular atrophy gets stronger, says GlobalData
Positive interim results from a Phase III trial evaluating the effect of Novartis’ Zolgensma in Type 1 SMA patients is expected to make the case stronger for its approval and also its long-term use as a mainstream treatment option, says GlobalData, a leading data and analytics company. While the company waits in anticipation for a […]
UK retail spending falls in March as consumers cut back on non-essential purchases, says GlobalData
2019 continues to be a challenging year for retailers as the total retail spend index declined in March, falling 3.6ppts versus February, dropping to levels seen in the summer of 2018 when consumers were distracted by warm weather and sporting events, according to GlobalData, a leading data and analytics company. Retail spending continues to be affected […]
Nexi to benefit from Italian wave of payments transformation, says GlobalData
Following Nexi’s successful IPO and subsequent share price dip, the company is under pressure to prove its worth, says GlobalData, a leading data and analytics company. The trends in the Italian payments market are favourable for future growth for the company. Nexi’s recent IPO allowed the payment services specialist to raise €2.01bn, but Nexi’s stock […]
Samsung’s Galaxy Fold’s reported issues raise industry fears, says GlobalData
Following the news that Samsung’s Galaxy Fold is breaking for some early reviewers within days of receiving it: Emma Mohr-McClune, Service Director at GlobalData, a leading data and analytics company, offers her view: “So far, we’ve seen around half a dozen different ways to make smartphones fold, and in my opinion, not one of these […]
Major players continue Latin American exploration push in Argentina’s First Offshore Round, says GlobalData
Following the recent news that 13 companies provisionally won a total of 18 blocks in Argentina’s First Offshore Licensing Round, Toya Latham, Upstream Oil & Gas Analyst at GlobalData, a leading data and analytics company, offers her view on the deal: “Major players with significant interests in offshore Latin American countries have successfully bid for […]
Weak response to SECI’s wind tender shows the price sensitivity of developers, says GlobalData
Following the recent news (April 17 2019) that SECI’s 1,200 MW wind tender has been undersubscribed to the extent of 50%, Harminder Singh, Power Analyst at GlobalData, a leading data and analytics company, offers his views on the weak response to the tender: “The tender has seen bids from only four players, for a total […]
Goldman Sachs reaching out to the mass affluent will be beneficial for growth, and 59% of global wealth managers agree, says GlobalData
Following yesterday’s news (16th April 2019) that Goldman Sachs aim to expand their wealth management services to the mass affluent through a technology and human influenced investment platform Sergel Woldemichael, Wealth Management Analyst at GlobalData, a leading data and analytics company, offers his view on the future expansion: ‘‘With competition increasing, and Q1 2019 net […]
Easter provides great opportunity for tourist destinations to offer Europeans wider cultural experiences, says GlobalData
Easter provides a boost to religious tourism, and destinations that offer more than a religious experience are best placed to maximize the benefit of Easter tourism, says GlobalData, a leading data and analytics company. GlobalData’s Q4 2018 global consumer survey shows that only 3% of Europeans typically take a religious holiday. However, 33% take cultural […]
Qualcomm and Apple settling phone dispute will accelerate 5G adoption, says GlobalData
Following news that Qualcomm and Apple settled their mobile phone licensing dispute: Lynnette Luna, Principal Technology Analyst at GlobalData, a leading data and analytics company, offers her view on the development: “The end of the bitter licensing dispute between Qualcomm and Apple will have a significant impact on the burgeoning 5G market. Prior to this […]
Despite Brexit turmoil, a Franco-British cruise missile project goes on and bets on good export figures, says GlobalData
In spite of the current Brexit turmoil, recent evolutions suggest the Franco-British Future Cruise/Anti-Ship Weapon (FC/ASW) program is well on track, says GlobalData, a leading data and analytics company. The joint-program, designed by European missile specialist MBDA, passed a key-review milestone last month, two years into its conception phase and on time to start development […]
Achaogen’s bankruptcy is a signal to delink antibiotics revenue from sales volume, says GlobalData
Following the news on April 15, 2019 that Achaogen has filed for Chapter 11 bankruptcy, Paul Jeng, Senior Pharma Analyst at GlobalData, a leading data and analytics company, offers his view on how incentives for antibiotics development can be reformed: “Achaogen’s bankruptcy comes less than one year after the company won approval for Zemdri for […]
Petrobras continues to lead global deployment of planned and announced FPSOs, says GlobalData
Petroleo Brasileiro SA (Petrobras) is expected to deploy 17 planned and announced floating production, storage and offloading vessels (FPSOs) globally during the outlook period 2019–2025, the highest among all the operators globally, according to GlobalData, a leading data and analytics company. The company’s report: ‘Q2 2019 Global FPSO Industry Outlook – Petrobras Continues to […]
Advancement of LNG business will transform Mozambique into a top 10 global LNG supplier, says GlobalData
Mozambique is expected to become one of the world’s top 10 largest LNG producers by the mid-2020s, when over 30 million tonnes per annum (mtpa) of LNG comes on stream, on a par with capacity in African leaders Nigeria and Algeria, says GlobalData, a leading data and analytics company. The feed gas for new LNG […]
WHO report highlights the need for thermostable measles vaccine for developing countries, says GlobalData
Following the WHO measles surveillance report, published on 15 April (2019), that reported measles cases so far in 2019 have increased by approximately 300%. James Mather, MChem, Senior Pharma Analyst at GlobalData, a leading data and analytics company, offers his insight on the alarming resurgence of the vaccine-preventable disease: “The WHO report is the major […]
Easter spending in the UK to reach £1.7bn in 2019, says GlobalData
Easter spend in the UK is forecast to increase by 0.5% in 2019 to reach £1.7bn, driven by gifting which is expected to rise 0.8%, according to GlobalData, a leading data and analytics company. This traditional event has been epitomised by indulgent chocolate eggs, however the continued rise of the health and wellness trend will […]
Surgical Energy Generators global market expected to reach $2.4bn by 2028, says GlobalData
The global Surgical Energy Generators market is expected to reach $2.4bn by 2028, growing at a Compound Annual Growth Rate (CAGR) of 2.6%, according to GlobalData, a leading data and analytics company. The company’s latest report, ‘Surgical Energy Generators, Global Outlook, 2015-2028’ reveals that North America will be one of the fastest growing regions, at […]
China shaping up to be epicentre of the auto industry’s electric charge and more, says GlobalData
In the week that sees the opening of this year’s major motor show – Auto Shanghai – in the world’s largest car market, electric cars and concepts will be showcased by many manufacturers. Dave Leggett, Automotive Editor at GlobalData, a leading data and analytics company, offers his predictions: “After declining for the first time since […]