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Following the news that Nando’s plans to reopen its restaurants from Saturday after having been forced to shut outlets due to supply chain issues; Roshni Patel, Consumer Analyst at GlobalData, a leading data and analytics company, offers her view: “In response to the outlet closures, Nando’s has shown great initiative by announcing that it will […]
India to lead refinery hydrotreater capacity additions in Asia through 2025, says GlobalData
India is expected to register the second highest refinery hydrotreater capacity additions in Asia between 2021 and 2025, contributing about 35% of the total capacity additions through 2025, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Global Refinery Hydrotreater Units Outlook to 2025 – Capacity and Capital Expenditure Outlook with Details of All […]
Outlook-related sentiments rise in 2021 as companies focus on M&A and ESG, says GlobalData
A year and a half since the onset of the COVID-19 pandemic, which saw a sharp fall in outlook-related sentiments in earning transcripts, companies are now starting to recover and ‘outlook’ sentiments have been rising in 2021 despite the prolonged crisis, says GlobalData. The company’s Filing Analytics platform found that, among the many themes discussed […]
Takeda’s TAK-994 shows potential for orexin agonists as narcolepsy treatment
Takeda Pharmaceutical’s TAK-994 has recently received breakthrough therapy designation (BTD) by the US Food and Drug Administration (FDA) for the treatment of excessive daytime sleepiness (EDS) in patients with narcolepsy type 1 (NT1). The potential approval of TAK-994 could lead to the first treatment that increases orexin activity in patients with narcolepsy, says GlobalData, a […]
US construction outlook brightens on Senate infrastructure bill approval, but challenges remain
Following the Senate’s overwhelming bipartisan approval on August 10th for the long-awaited infrastructure spending bill, which includes long-term investments in transport, energy, utilities and climate-related initiatives, GlobalData, a leading data and analytics company, now forecasts that the US construction industry will grow by 3.3% a year on average between 2021 and 2025 compared to a […]
Pandemic shows sting in the tail as Toyota slashes output plans, says GlobalData
Following the news that Toyota is planning a reduction to output plans in September, David Leggett, Automotive Analyst at GlobalData, a leading data and analytics company, offers his view: “Toyota has confirmed that it will reduce output at 15 Japanese manufacturing plants in September due to parts shortages caused by the spread of COVID-19 in […]
Global lead production to recover by 4.6% in 2021, after a 5% fall in 2020, says GlobalData
Global lead production is forecast by GlobaData to recover by 4.6% and reach 4,690.3 thousand tonnes (kt) in 2021 thanks to increased output from mines in China (+3.3%) and Peru (+9.9%). The leading data and analytics company notes that China, Australia, Russia and Canada will be the key contributors to future growth to 2025. Vinneth […]
Chinese startups raise highest VC funding across APAC during January to July 2021, finds GlobalData
China’s startup ecosystem, which produced several world-leading companies, has been in the news in the recent past about the impact of the government regulations on the venture capital (VC) market. However, China had a reasonably good H1 2021 despite the uncertain conditions due to the COVID-19 pandemic and regulatory shakeups. Now, GlobalData, a leading data […]
Life insurance industry in Indonesia to recover from 2021, forecasts GlobalData
The life insurance industry in Indonesia is forecasted to recover in 2021, driven by increased consumer confidence, according to GlobalData, a leading data and analytics company. GlobalData has revised Indonesia’s life insurance forecast in the aftermath of the COVID-19 pandemic. As per the latest data, Indonesia’s life insurance industry is projected to grow from IDR185.1 […]
GlobalData reveals top 20 oncology influencers on Twitter in Q2 2021
Cancer is one of the leading causes of death globally, accounting for almost 10 million deaths in 2020, according to the World Health Organization (WHO). Government organizations, agencies, institutes, researchers and oncologists are all active participants in improving cancer prevention and treatment. Against this backdrop, GlobalData, a leading data and analytics company, has ranked the […]
Bharat Dynamics, MBDA missiles deal to help indigenous programs in India, says GlobalData
Following the news that Bharat Dynamics Limited has announced to set up a missile production facility in India for ASRAAM missiles; Tushar M, Defence Analyst at GlobalData, a leading data and analytics company, offers his view: “Bharat Dynamics Limited (BDL) has signed a contract with European multinational arms manufacturer MBDA for setting up a final […]
Domestic pharma firms lead CAR-T therapy trials in China, says GlobalData
China’s overall focus within oncology research is increasing at a rapid pace. Moreover, the country recently approved its first chimeric antigen receptor (CAR)-T cell therapy. Against this backdrop, Chinese domestic pharma companies are found at the forefront of company-sponsored CAR-T cell therapy trials and are likely to dominate the CAR-T landscape, says GlobalData, a leading […]
Global oil and gas contracts activity in Q2 2021 declined by 7%
Oil and gas contract activity declined following the relatively stable activity in Q1 2021, with the industry recording a seven percent decrease in the number of contracts and a significant decrease in disclosed contract value in Q2 2021, according to GlobalData, a leading data and analytics company. The latest report by GlobalData, ‘Q2 2021 Global […]
Novel diagnostic face masks that detect SARS-CoV-2 could offer enhanced method to detect and respond to Delta variant, says GlobalData
Following today’s news (18 August) that diagnostic face masks developed by the Massachusetts Institute of Technology (MIT) and Harvard University are about to be commercialized: Sultan Ahmed, Infectious Disease Analyst at GlobalData, a leading data and analytics company, offers his view: “GlobalData believes that the new diagnostic masks have the potential to create a large […]
Global deal activity declined by 2.4% in July 2021, finds GlobalData
A total of 4,995 deals (comprising mergers & acquisitions [M&A], private equity, and venture financing deals) were announced globally during July 2021, which is a decline of 2.4% over 5,118 deals announced during the previous month, according to GlobalData, a leading data and analytics company. An analysis of GlobalData’s Financial Deals Database revealed that although […]
Deal-making activity in the travel & tourism sector declined by 6.8% during July 2021, finds GlobalData
A total of 69 deals (comprising mergers & acquisitions [M&A], private equity, and venture financing) were announced in the global travel and tourism sector during July 2021, which is a decline of 6.8% over 74 deals announced during the previous month, according to GlobalData, a leading data and analytics company. Aurojyoti Bose, Lead Analyst at […]
UK construction output grows in Q2 although monthly data points to a slowdown in activity, says GlobalData
While the UK construction industry contracted sharply by 14% in 2020, a strong recovery is expected, with output forecast to rise and grow by 10.6% in 2021, according to GlobalData. The leading data and analytics company notes that the successful vaccination program allowed the government to fully lift lockdown measures in July and provided a […]
Air France’s strategic bet on leisure travel will support strong recovery amid shift in traveler sentiment
Air France’s bet on leisure routes could catalyze a quicker recovery for the carrier as outbound leisure travel in France increased to 74.3% in 2020, despite restrictions severely reducing the total number of outbound trips, according to GlobalData. The leading data and analytics company notes that, with business travel demand suppressed, the airline must focus […]
Tourism organizations need to target German travelers, says GlobalData
Marketing luxury offerings, producing gastronomic experiences, and generating a sense of familiarity are all aspects of tourism that could bode well with travelers in the ‘new normal’. These aspects will also help to attract the powerful German source market as more Germans are now starting to travel internationally, says GlobalData, a leading data and analytics […]
Geely is a car company to watch, says GlobalData
Following the news that China’s Geely Group is targeting 3.65 million sales a year by 2025, David Leggett, Automotive Analyst at GlobalData, a leading data and analytics company, offers his view: “Geely is a car company to watch. The largest privately owned automaker in China has struck a large number of tie-ups or partnerships with […]