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The global debt level is expected to surge significantly in the first half of 2020 due to uncertain financial conditions and the reduction of the central bank’s policy rate around the world amid the COVID-19 pandemic, says GlobalData, a leading data and analytics company. With an increase in debt burden of both developed and emerging […]
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 […]
COVID-19 will increase the use of robots
Following the news that robotics company Brain Corp has raised $36m in funding; Wafaa Hassan, Thematic Analyst atGlobalData, a leading data and analytics company, offers her view: “Robots have been replacing humans in certain jobs for some time, but the COVID-19 crisis is accelerating the process. Brain Corp will use its new funding to expand […]
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 […]
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 […]
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% […]
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 […]
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 […]
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 […]
Disinfectants and UV are not approved for treating COVID-19
Following the news that President Trump discussed in a press conference how UV rays and certain disinfectants may kill the coronavirus, Johanna Swanson, Product Manager at GlobalData, a leading data and analytics company, offers her view: “Disinfectants are in no way an approved treatment for COVID-19, and suggesting their administration via injection, ingestion or other […]
Privacy concerns should not be limited to Zoom
The scrutiny that has accompanied Zoom’s growth in recent months has uncovered many concerns over the company’s privacy policies. The most recent development that there are half a million accounts for sale on the dark web has fuelled further concern. However, this concern regarding weak privacy standards should not be limited to Zoom. In 2018, […]
Financial pressures in automotive will boost M&A activity, says GlobalData
There has been an increase in the number of deals in the automotive sector reported since the COVID-19 crisis hit the global auto industry in March, says GlobalData, a leading data and analytics company. David Leggett, Automotive Editor at GlobalData, comments: “As the auto industry emerges from this unprecedented crisis, many suppliers will be financially […]
Spanish wind turbine manufacturers get back to business amid a relaxation of COVID-19 lockdown norms
Vestas Wind Systems, LM Wind Power, Siemens Gamesa Renewable Energy, and Nordex have reopened factories in Spain after the government relaxed lockdown measures.It was previously predicted that the COVID-19 pandemic would have negative effects on wind supply chains, with developers expected to undergo delays due to lockdown-related restrictions. Thus, these major companies getting back to […]
Global M&A activity started plummeting as Q1 2020 approached the end
The global mergers and acquisition (M&A) deal volume and value started declining with the first quarter (Q1) of 2020 approaching the end, according to GlobalData, a leading data and analytics company. The number of announced M&A deals decreased from 2,349 in February 2020 to 1,984 in March 2020, whereas the corresponding deal value also decreased […]
Sentiments crash for several global automakers
The COVID-19 outbreak has rendered automakers helpless with large-scale supply chain disruptions and retail outlet shutdowns. The troubles are mounting due to supply chain volatility spreading as fast as the virus, which also reflects the in decline in sentiments for several global automakers, says GlobalData, a leading data and analytics company. Several automakers, including BMW, […]
Danish insurers to see increased claims but public healthcare and government schemes offer support
Danish casualty and life and property insurers are set to see a large spike in claims as the death rate rises and construction stops, says GlobalData, a leading data and analytics company. The company has revised down its total market GWP forecasts post-COVID-19 down to a compound annual growth rate (CAGR) of 1.6% between 2019 […]
Solar PV could cater to Sub-Saharan Africa’s power troubles amid COVID-19 pandemic
The lockdowns imposed across Africa as a measure to slow down the spread of the COVID-19 pandemic could play as an opportunity to fast-track the adoption of solar power in the continent, as major nations in the region are announcing plans to turn to solar photovoltaics (PV) to deal with the energy crisis aroused by the […]
Recovering demand is crucial to the sustainability of restarted production at Volkswagen
Following the news that the production of vehicles at Volkswagen’s (VW) main Wolfsburg plant in Germany has restarted after a period of shutdown due to the impact of the COVID-19 crisis; David Leggett, Automotive Analyst at GlobalData, a leading data and analytics company, offers his views: “The news from Volkswagen is a welcome sign of […]
Two-thirds of COVID-19 cases may be undiagnosed
Up to 80% of COVID-19 cases are mild or asymptomatic and therefore unlikely to be diagnosed. Determining what percentage of the population is asymptomatic will allow us to know how close we are to achieving herd immunity for COVID-19 and when it is safe to loosen isolation and quarantine restrictions, says GlobalData, a leading data […]
Goldman Sachs is top financial adviser in consumer sector for coronavirus-hit Q1 2020
In Q1 2020, the consumer sector witnessed a decline of 26.96% in deal value from US$55.9bn in Q1 2019 to US$40.9bn in Q1 2020. Deal volume also decreased by 15.67% from 1,257 to 1,060, says GlobalData, a leading data and analytics company. Goldman Sachs leads by value Goldman Sachs has dominated the latest mergers and […]