Jonthan Brown

Retail

The online channel is failing to offset revenue lost from retail store closures following Adidas’ Q1 results

Following the news that Adidas reported a 19% decline in net sales in the first quarter of 2020; Luke Gowland, Thematic Analyst at GlobalData, a leading data and analytics company, offers his view on the company’s current challenges: “Adidas has suffered at the hands of COVID-19. The brand has reported a decline in net profits […]

Insurance

Insurers reimbursing motor premiums is a positive step but risky customers may not be getting value

Following the news that AXA Ireland is to refund all motor customers a flat fee of EUR33 (£29), due to reduced usage during lockdown. Ben Carey-Evans, Insurance Analyst at GlobalData, comments: “AXA Ireland has followed Admiral in offering motor insurance customers money back on their premiums, in the form of a flat fee for all. […]

Automotive

Tesla to suffer as China cuts electric vehicle subsidies

Following the news that China’s electric vehicle (EV) subsidies will now be limited to more affordable, locally built models; Mike Vousden, Automotive Analyst at GlobalData, a leading data and analytics company, offers his views: “China is both the largest vehicle market and the largest market for EVs thanks to subsidies from the government encouraging consumers […]

Construction

Turkish construction industry growth forecast revised down as COVID-19 worsens economic outlook

There have been reports of disruption to several construction sites in Turkey, including the US$1.7bn Galataport development, where workers have been protesting following the death of a construction worker who contracted COVID-19. The contractors in charge of the project have agreed to shut down the site until 3rd May following the protests. Disruption in the Turkish […]

Aerospace, Defense & Security

Airbus to furlough staff as COVID-19 impacts aircrafts’ production and supply

Following yesterday’s news that Airbus has furloughed 3,200 personnel at Broughton factory in north Wales; Nicolas Jouan, Aerospace and Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “Airbus’ Broughton factory produces wing-structures for single- and twin-aisles assembled in Toulouse, where furloughs are also taking place, and Bremen. The collapse of […]

Pharma

COVID-19 EU border closures and Brexit impacts movement of medical supplies

Free goods movement restrictions, imposed by the majority of EU countries at their borders to control the spread COVID-19, are disrupting supply chains, including crucial drug and medical equipment supplies. Whereas imposing internal borders had never been in the EU’s plans before the COVID-19 outbreak, the UK – which is due to leave the bloc […]

Medical Devices

3M exceeds expectations despite mixed impact of COVID-19, says GlobalData

Following 3M’s Q1 earnings announcement; Azadeh Laffafian, Medical Device Analyst at GlobalData, a leading data and analytics company, offers her view: “3M is the largest player in the US N95 respirator market, accounting for over 60% of the sales. The company has doubled the production of its respirators to 100 million per month, to help protect […]

Pharma

Gilead’s remdesivir new standard of care against COVID-19, according to Fauci, but logistics of remdesivir distribution remains unclear

Following the news that Gilead’s antiviral remdesivir has met its primary endpoint in a clinical trial run by the National Institute of Allergy and Infectious Diseases (NIAID) in moderate to severe hospitalized COVID-19 patients and NIAID Director Dr. Fauci describing remdesivir as likely the new standard of care; Philipp Rosenbaum, PhD, Infectious Diseases Analyst at […]

Aerospace, Defense & Security

Adjusting production to demand is Airbus’ biggest COVID-19 challenge

Following today’s earning results of Airbus for Q1 2020. Nicolas Jouan, Aerospace and Defense Analyst at GlobalData, a leading data and analytics company, offers his view on Airbus’ strategy; “Airbus’ Q1 results have been partially impacted by the COVID-19 pandemic. Without surprise, commercial aircraft has been the worst impacted business with -24.7% in deliveries and […]

Banking

Spain’s reliance on tourism will hurt its recovery

Spain’s tourism sector makes up approximately 12% of its GDP and 13% of its employment*, and a steep decline in this market will heavily impact the country’s payments sector, says GlobalData, a leading data and analytics company. Ravi Sharma, Banking and Payments Analyst at GlobalData, comments: “According to GlobalData’s 2019 Banking and Payments Survey, travel […]

Pharma

Data show an increase in asthma and COPD medication adherence since the COVID-19 outbreak began

Propeller Health, a respiratory digital health company, released data last week showing that asthma and COPD patients have become more adherent to their medication since the COVID-19 crisis began, showing a relative increase of 14.5% in controller medication adherence since January, with most improvement seen at the end of March. Kathryn Whitney, MSc, Director of […]

Retail

Dixons Carphone’s online sales unable to counteract the loss of store sales as a result of COVID-19

Following today’s release of Dixons Carphone’s figures for the five weeks ending 25 April 2020. Zoe Mills, Retail Analyst at GlobalData, a leading data and analytics company, comments: ‘‘Dixons Carphone has had a difficult time of late, particularly within its mobile business, and while the impact of the COVID-19 pandemic has resulted in an uplift in […]

Technology

AI a vital weapon in the battle against COVID-19

Artificial Intelligence (AI) is already being used by healthcare professionals to help beat cancer and is now becoming a vital weapon in the battle against COVID-19, says GlobalData a leading data and analytics company. AI is not only helping to forecast where an outbreak of the decease is likely to occur, but is also being […]

Business Fundamentals

SAP revises outlook for 2020 amid COVID-19 lockdown; software license business most vulnerable

SAP’s software license business Q1 2020 results have exposed the vulnerability of the European software company to the business climate emerging out of the COVID-19 pandemic, however the German enterprise resource planning (ERP) giant’s competence in cloud platform could help it to sail through this period of troubled business climate, according to GlobalData, a leading […]

Pharma

Neurocrine’s newly approved Parkinson’s drug suffers launch delay due to COVID-19

Following the news that the launch of Neurocrine Biosciences’ Ongentys (opicapone) has been delayed due to the disruption caused by COVID-19, after receiving Food and Drug Administration (FDA) approval; Sarah Elsayed, Pharma Analyst at GlobalData, a leading data and analytics company, offers her view on the launch challenges amid the global pandemic: “While GlobalData expects […]

Consumer

Diageo’s bond offering reflects forecasted 6.9% decline in UKs spirits value over 2020

Following today’s news (April 28 2020) that Diageo will raise a $2.5bn bond offering; Carmen Bryan, Consumer Analyst at GlobalData, a leading data and analytics company, offers her view on what this means the UKs spirits market: “Diego’s bond offering reflects the long-term struggles many manufactures and operators in the spirits industry will experience over […]

Insurance

Belgian insurers bank on consumer goodwill as they defer premium payments until September

The Belgian insurance industry is expected to decline in GWP in 2020, as insurers allow customers to defer payments until September 30th, says GlobalData, a leading data and analytics company. GlobalData revised its forecasts for the Belgian insurance market following the COVID-19 pandemic. The sector is now expected to see very slim growth of 0.7% […]

Medical Devices

Sales from COVID-19 tests will fuel growth of Roche’s diagnostics sector

Following Roche’s announcement that its diagnostics sector increased in sales by 5% during Q1 2020; Aliyah Farouk, Medical Device Analyst at GlobalData, a leading data and analytics company, offers her view: “The growth of Roche’s diagnostics business in Q1 was mainly driven by the molecular diagnostics segment reflecting the company’s increased production capacity of its […]

Travel & Tourism

Hotels need to demonstrate how they can ensure highest levels of hygiene post-COVID-19

The tourism sector needs to be prepared for considerable changes in consumer demands when restrictions are lifted and demand for travel returns. In particular, the lodging industry needs to be prepared for guests now demanding the highest levels of hygiene and sanitation, says GlobalData, a leading data and analytics company. Ralph Hollister, Travel & Tourism […]

Insurance

Norway’s mandatory universal healthcare system to cover brunt of the COVID-19 costs

Norwegian private health insurers are not expected to be liable for COVID-19-related claims, with the tax-funded universal healthcare to cover people, says GlobalData, a leading data and analytics company. GlobalData forecasts Norway’s insurance industry GWP to grow at a compound annual growth rate (CAGR) of 2.1% between 2019 and 2023, which has been revised down from […]

Prev 1 … 25 26 27 28 29 … 37 Next

The online channel is failing to offset revenue lost from retail store closures following Adidas’ Q1 results

Insurers reimbursing motor premiums is a positive step but risky customers may not be getting value

Tesla to suffer as China cuts electric vehicle subsidies

Turkish construction industry growth forecast revised down as COVID-19 worsens economic outlook

Airbus to furlough staff as COVID-19 impacts aircrafts’ production and supply

COVID-19 EU border closures and Brexit impacts movement of medical supplies

3M exceeds expectations despite mixed impact of COVID-19, says GlobalData

Gilead’s remdesivir new standard of care against COVID-19, according to Fauci, but logistics of remdesivir distribution remains unclear

Adjusting production to demand is Airbus’ biggest COVID-19 challenge

Spain’s reliance on tourism will hurt its recovery

Data show an increase in asthma and COPD medication adherence since the COVID-19 outbreak began

Dixons Carphone’s online sales unable to counteract the loss of store sales as a result of COVID-19

AI a vital weapon in the battle against COVID-19

SAP revises outlook for 2020 amid COVID-19 lockdown; software license business most vulnerable

Neurocrine’s newly approved Parkinson’s drug suffers launch delay due to COVID-19

Diageo’s bond offering reflects forecasted 6.9% decline in UKs spirits value over 2020

Belgian insurers bank on consumer goodwill as they defer premium payments until September

Sales from COVID-19 tests will fuel growth of Roche’s diagnostics sector

Hotels need to demonstrate how they can ensure highest levels of hygiene post-COVID-19

Norway’s mandatory universal healthcare system to cover brunt of the COVID-19 costs

Browse

Company information