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Total’s upstream business better placed to weather 2020 market volatility than its European peers, says GlobalData

Total SA’s (Total) robust upstream business tops the European majors’ peer group when assessed against the impact of COVID-19 and the current oil price volatility, says GlobalData, a leading data and analytics company. Daniel Rogers, Upstream Oil and Gas Analyst at GlobalData, comments: “Our latest research indicates that Total’s upstream business is well positioned to […]
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COVID-19 clinical trials exhibit encouraging results, says GlobalData

With the number of COVID-19 cases and deaths increasing with each passing day, the need for a therapeutic or a vaccine for the pandemic intensifies. Currently, 21 ongoing COVID-19 clinical trials have reported interim results, out of which 16 showed positive early results, says GlobalData, a leading data and analytics company. Scotty Chung-Siu, Senior Analyst […]
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Japanese seasonings, dressings & sauces sector expected to reach US$21bn by 2024, says GlobalData

The Japanese seasonings, dressings and sauces sector is expected to grow from J¥1,755.5bn (US$16.2bn) in 2019 to J¥2,004.8bn (US$21bn) by 2024, at a compounded annual growth rate (CAGR) of 2.7%, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Japan Seasonings, Dressings & Sauces – Market Assessment and Forecasts to 2024’ reveals that ‘condiment […]
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Despite no-lockdown policy, COVID-19 expected to contract Swedish construction industry by 4% in 2020, says GlobalData

The gloominess in the Swedish construction industry will worsen further due to COVID-19, with the industry expected to contract by 4% in 2020 despite the country’s no-lockdown decision, says GlobalData, a leading data and analytics company. Reflecting the lack of strict containment measures – for large parts of the economy and the construction industry, this […]
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Auto companies lose US$564bn in market cap in Q1 2020, says GlobalData

The cumulative market capitalization of automotive companies has fallen by US$564bn in the first quarter (Q1) of 2020 as the COVID-19 crisis battered the share prices across the sector, says GlobalData, a leading data and analytics company. Calum MacRae, Automotive Analyst at GlobalData, comments: “We are seeing a short-term decimation of vehicle demand globally and […]
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Philippines seasonings, dressings & sauces market to grow at CAGR of 4.7% through 2019–24, says GlobalData

The Philippines seasonings, dressings & sauces sector is expected to grow at a compound annual growth rate (CAGR) of 4.7% from PHP34.5bn (US$661.8m) in 2019 to PP43.6bn (US$811.2m) in 2024, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Philippines Seasonings, Dressings & Sauces – Market Assessment and Forecasts to 2024’, reveals that ‘condiment […]
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Thailand’s seasonings, dressings & sauces market to reach 305.3 million kgs at a CAGR of 1.1% by 2024, says GlobalData

The seasonings, dressings & sauces market in Thailand is expected to reach 305.3 million kgs by 2024 at a compounded annual growth rate (CAGR) of 1.1% between 2019 and 2024, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Thailand Seasonings, Dressings & Sauces – Market Assessment and Forecasts to 2024’ reveals that ‘Dressings’ […]
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China to spearhead Asian refinery hydrocracking units’ capacity growth by 2024, says GlobalData

China is expected to lead the Asia’s refinery hydrocracking units’ capacity growth, contributing around 57% of the region’s total capacity growth by 2024. China is likely to add 688 thousand barrels per day (mbd) of hydrocracking units’ capacity by 2024, says GlobalData, a leading data and analytics company. The company’s report, ‘Global Refinery Hydrocracking Units […]
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Despite COVID-19 lockdown wiping off US$420bn from China’s retail market, rebounding sentiment will boost H2 spend, says GlobalData

The COVID-19 lockdown and the disruption to retail is expected to wipe off ¥3.0 trillion (US$420bn) from China’s retail market in 2020, causing a 1.8% fall in retailer sales in 2020 over 2019. This compares with pre-COVID growth estimates of a former healthy 7.7% forecast, says GlobalData, a leading data and analytics company. China started […]
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