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Joe Danson

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  • Author: Joe Danson
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Russia will contribute 47% of Former Soviet Union’s new-build gas processing capacity growth by 2023

Russia will drive growth in Former Soviet Union’s (FSU) gas processing industry from planned and announced plants between 2019 and 2023, contributing around 6,531 mmcfd of the FSU’s total gas processing capacity additions, according to GlobalData, a leading data and analytics company. The company’s report: ‘Gas Processing Industry Outlook in Former Soviet Union to 2023 […]
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Russia will contribute 91% of Former Soviet Union’s new-build underground gas storage capacity growth by 2023

Russia will drive growth in Former Soviet Union’s (FSU’s) planned and announced underground gas storage industry between 2019 and 2023, contributing around 91% of the working gas capacity growth in the region, according to GlobalData, a leading data and analytics company. The company’s report: ‘Underground Gas Storage Industry Outlook in Former Soviet Union to 2023 […]
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Netherlands contributes 45% to Europe’s gas processing capacity

The Netherlands drives Europe’s gas processing industry, contributing around 24,587 million cubic feet per day (mmcfd) of gas processing capacity from 50 active gas processing plants, according to GlobalData, a leading data and analytics company. The company’s report: ‘Gas Processing Industry Outlook in Europe to 2023 – Capacity and Capital Expenditure Outlook with Details of […]
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BNP Paribas’s, ‘Genius’ virtual assistant, will make banking more convenient for 67% of French millennials

Retail banking company, BNP Paribas have launched ‘Genius’, a virtual assistant capable of analyzing spending trends to suggest when users should save, says GlobalData, a leading data and analytics company. According to GlobalData’s 2018 Retail Banking Insight survey there is clear demand for such a service, with 67% of French millennials saying they would use […]
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Italy will contribute 35% of Europe’s new-build underground gas storage capacity in 2023

Italy is expected to add around 249 billion cubic feet (bcf) of underground gas storage capacity between 2019 and 2023, from 14 planned and announced underground gas storage sites, according to GlobalData a leading data and analytics company. The company’s latest report: ‘Underground Gas Storage Industry Outlook in Europe to 2023 – Capacity and Capital […]
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Australia inches towards supermarket automation after Coles partners with Ocado

Following the news on 26th March 2019 that Coles Supermarkets Australia has entered into an exclusive services agreement to bring British online supermarket pioneer Ocado Group’s online grocery platform, automated single pick fulfilment technology and home delivery solution to Australia prior to the end of the 2023 financial year, Katrina Diamonon, Consumer Insights Analyst at […]
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Fashion spend in town centres to slump 13.8% by 2023

Major retailers including Marks & Spencer, Debenhams, New Look, and now potentially Arcadia, are closing a significant number of stores over the next three to five years, and town centres will be the hardest hit locations with clothing & footwear spend forecast to decline by 13.8% (£2.4bn) between 2018 and 2023, according to GlobalData, a […]
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North America is expected to add around 265 mtpa of LNG liquefaction capacity in 2023

North America will be the major contributor to the growth of global liquefied natural gas (LNG) liquefaction capacity between 2019 and 2023, accounting for around 72% of the total global capacity from planned and announced projects, according to GlobalData, a leading data and analytics company. The company’s report: ‘H1 2019 Global Capacity and Capital Expenditure […]
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Hannover Re set to boost innovation in the insurance industry

‘Hannover Re’s’ new innovation pool, ‘hr | equarium’, aims to play matchmaker for digital innovators and incumbent insurers, says GlobalData, a leading data and analytics company. By enabling insurers to partner up with start-ups, that possess the necessary technology, it will proceed to assist in the digital revolution within the insurance industry. Hannover Re’s new […]
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Bupa’s DNA map service likely to concern employees

The popularity of consumer DNA testing has soared due to technological advancements, making this service cheap enough to be affordable to the public. Businesses that are covered by Bupa can now provide their employees with one of these tests, however some employees believe this could be overstepping the boundary between their personal and professional life, […]
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Only 5% of UK millennial investors use robo-advice services, as human expertise is still preferred over AI technology

Technology is a relatively new addition within the wealth management industry, from robo-advisors to AI-enabled chatbots. However, the need for human financial advice will not be pushed to the side any time soon, says GlobalData, a leading data and analytics company. According to GlobalData’s recent ‘UK Investors Survey’, face-to-face communication, amongst millennials, still reigns supreme […]
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The flow diversion stent market is growing at a CAGR of approximately 2%

Estimated to be approximately 15% of the embolization devices market, the flow diversion stent market is growing at a Compound Annual Growth Rate (CAGR) of approximately 2% by 2028, says GlobalData. In February, “Medtronic’s Pipeline Flex flow diversion device” won expanded FDA approval to treat small or medium wide-neck aneurysms, in addition to its existing […]
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Millennials are increasingly using ‘WeChat’ and ‘WhatsApp’ to discuss their investments with wealth managers

Almost 40% of millennials in Asia-Pacific were contacting their wealth managers via a chat application in Q2 2018, a 10 percentage point increase since 2017, says GlobalData, a leading data and analytics company. Using chat applications is one method that is increasingly used by millennials to discuss their investments with advisors. These applications offer a […]
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Start-up aims to make millennials ‘DeadHappy’ with life insurance

Insurtech start-up ‘DeadHappy’ is looking to revolutionize life insurance by introducing its flexible, pay-as-you-go product, to a market lacking true innovation, according to GlobalData, a leading data and analytics company. The company is set to target younger generations, as GlobalData’s 2018 UK Insurance Consumer Survey found that only up to 17% of 18–25 year olds […]
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Despite two cases of remission, effective HIV cure is still years away

Following the news of a UK patient (The London Patient) who has been in remission with undetectable levels of HIV viral load for 18 months, becoming the second patient who has experienced disease free remission from HIV, Patrick Aiyes, MEng, Immunology Analyst at GlobalData, a leading data and analytics company comments: “The London Patient, similar […]
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