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As the energy transition heats up, many oil and gas companies have begun to recognize the writing on the wall and commit to net zero emissions by 2050 or sooner, according to GlobalData. Carbon capture, utilization, and storage (CCUS) is seen as a path for oil and gas companies to reach those targets while generating […]
Shipping logistics remain a significant challenge to the Russian medical device supply, says GlobalData
The Russian medical device market is heavily reliant on imports to meet demand where domestic alternatives are unavailable. Due to their essential nature, medical devices exports have largely circumvented Western export restrictions on the basis of humanitarian need. However, shipping to Russia has become an increasing complex endeavour amid the ongoing conflict with Ukraine, resulting […]
GlobalData revises US inflation rate upward to 7.1% in 2022 amid policy tightening
Following the recent release of the US’s inflation data for April 2022, by the US Bureau of Labor Statistics; Bindi Patel, Economic Research Analyst at GlobalData, a leading data and analytics company, offers her view: “GlobalData has revised its 2022 inflation rate forecast for the US upward to 7.1% in May 2022 from 4.9% in […]
Tourist boards look to their national cuisine to gain a competitive advantage over rival destinations, says GlobalData
As the travel industry’s recovery starts to gather pace, many tourist boards are looking to differentiate themselves from rival destinations by focusing on their cuisine rather than traditional natural hot spots, cities, or coastal locations, observes GlobalData, a leading data and analytics company. According to GlobalData’s Ads Database, Destination Marketing Organizations (DMOs) for Turkey, Malta, and […]
Asda and Morrisons need to brace for expected consumer downtrading as cost of living crisis squeezes household budgets, says GlobalData
Although many UK businesses will be impacted as supply chains are hit on both sides by the continued fallout of the pandemic, the onset of the Russia-Ukraine war and the resulting rising cost of living, retailers with younger or less affluent shoppers such as Asda or Morrisons will need to brace themselves for a new […]
Cost-of-living crisis to hit UK’s youth hardest as demand for value products grows, says GlobalData
Following today’s news (Thursday 12 May) that the UK economy contracted by 0.1% in March after a month of zero growth in February;George Henry, Consumer Analyst at GlobalData, a leading data and analytics company, offers his view on the current challenges for consumers: “With no clear end to the cost-of-living crisis in sight, many people […]
Disney in a strong position to weather streaming market saturation, says GlobalData
Following the recent announcement of Disney’s earnings results, where subscriber additions to streaming platforms exceeded expectations; Francesca Gregory, Analyst in the Thematic Team at GlobalData, a leading data and analytics company, offers her view: “While investors may breathe a sigh of relief at Disney’s positive results in the streaming department, they should be under no […]
UK’s defense agreements with Finland and Sweden will bolster security prior to NATO membership, says GlobalData
Following the news of Finland and Sweden signing separate defense agreements with the UK; William Davies, Associate Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “The UK’s announcement that it has signed mutual aid agreements with Finland and Sweden is a significant move for the two nations that are moving […]
Innovation in AI computing platforms for medical devices continues to drive sector M&A deals in 2022, says GlobalData
New artificial intelligence (AI) solutions in the medical devices industry are driving the volume of M&A deals in the sector in 2022, according to GlobalData.Based on the current AI medical device M&A deal trends, the leading data and analytics company expects that diagnostic imaging, specialized sectors like oncology and neurology medical equipment, and in vitro […]
The splinternet makes safeguarding the internet more difficult as it reshapes global norms, says GlobalData
The traditional internet is increasingly under threat from the ‘splinternet’, which is a term used to describe the fragmentation of the internet into competing technospheres. Nation-states are imposing restrictions, increasing the pressure on the internet governance system that was established decades ago, finds GlobalData, a leading data and analytics company. GlobalData’s latest thematic report ‘Splinternet – […]
Substantial investments are required to meet Austria’s 2030 target of 100% renewable electricity generation, says GlobalData
The Austrian government has been actively encouraging the use of renewable sources for energy generation to help reduce the country’s dependence on fossil fuels, notes GlobalData, a leading data and analytics company. Austria’s recently submitted National Energy and Climate Plan (NECP) 2021-2030 focuses on the decarbonization and energy efficiency dimensions and related policies. Attaurrahman Ojindaram […]
Qantas’ proposed ‘wellbeing zone’ is set to change long-haul flights due to strong health and wellness offerings, says GlobalData
Australian flag carrier Qantas’ plans for a ‘wellbeing zone’ onboard its aircraft, which will give passengers a physical place to meditate, stretch and relax on long-haul flights, could be a gamechanger for full-service carriers looking to differentiate themselves from Low-Cost Carriers (LCCs) operating similar long-haul routes, according to GlobalData, a leading data and analytics company. […]
Lack of Russian tourists due to the Russia-Ukraine conflict will leave a void in this summer’s European travel market, says GlobalData
With the EU banning Russian aircraft from operating in its airspace due to Russia’s invasion of Ukraine, these nations are likely to receive very few Russian tourists this summer says GlobalData. According to the leading data and analytics company, Russia was the fifth ranked country globally in terms of international departures in 2021, with 13.7 […]
Australia’s autonomous vehicle procurement will bolster its growing naval capabilities, says GlobalData
Following the news that Australia is in talks with defense manufacturer Anduril industries to procure autonomous underwater vehicles; William Davies, Associate Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “Australia’s potential acquisition of autonomous underwater vehicles (AUVs) will bolster its growing naval capabilities and will likely be designed to operate […]
Nigeria will account for 24% of oil and gas projects commencing operations in Africa by 2026, says GlobalData
Nigeria is expected to witness 109 oil and gas projects to commence operations across the value chain during the next four years, accounting for more than 24% of the predicted total projects starts during that time, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Africa Oil and Gas Projects Analytics and Forecast by Project […]
Goals of UK’s Cyber Resilience Strategy for Defence ambitious but necessary, says GlobalData
Following the release of the UK Ministry of Defence’s Cyber Resilience Policy for Defence;Harry Boneham, Aerospace Analyst at GlobalData, a leading data and analytics company, shares his view: “The war in Ukraine has brought into sharper focus the pressing need for Western countries to critically assess and address potential defense vulnerabilities, including in cyberspace. The […]
Domestic production of Raytheon’s SkyCeptor missile an important boost to Romanian defense industry following the Russia-Ukraine conflict, says GlobalData
Following the news that Raytheon and state-owned Romarm have signed a memorandum of understanding (MoU) for the Romanian firm to domestically manufacture the SkyCeptor missile;Madeline Wild, Associate Defense Analyst at GlobalData, a leading data and analytics company, shares her view: “The Russian invasion of Ukraine has placed a new level of urgency on improving the […]
VMware is addressing the data sovereignty needs of regulated industries with new support for sovereign clouds, says GlobalData
VMware recently announced that it is adding several new partners to its Sovereign Cloud Initiative, along with several new cloud-native developer-centric capabilities. The initiative strengthens VMware’s ability to address the needs of enterprises from regulated industries to meet their unique sovereign cloud requirements, observes GlobalData. The leading data and analytics company notes that those requirements […]
Skadden, Arps, Slate, Meagher & Flom and Kirkland & Ellis top M&A legal advisers by value and volume in the consumer sector for Q1 2022, finds GlobalData
Skadden, Arps, Slate, Meagher & Flom and Kirkland & Ellis have respectively secured the top spots by value and volume in the consumer sector in Q1 2022, according to the latest Legal Advisers League Table by GlobalData. The leading data and analytics company’s Financial Deals Database reveals that Skadden, Arps, Slate, Meagher & Flom achieved the top ranking […]
Morgan Stanley and Ernst & Young top M&A financial advisers by value and volume in the consumer sector for Q1 2022, finds GlobalData
Morgan Stanley and Ernst & Young have respectively secured the top spots by value and volume in the consumer sector in Q1 2022, according to the latest Financial Advisers League Table by GlobalData. The leading data and analytics company’s Financial Deals Database reveals that Morgan Stanley achieved the top ranking by value by advising on $16.7 billion worth […]