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Carlton & United Breweries aims to capitalize on hard seltzer movement with Actual Vodka Seltzer in Australia, says GlobalData

Following the news that Carlton & United Breweries (CUB) has launched a low calorie ready-to-drink (RTD) vodka brand Actual Vodka Seltzer in Australia; Shagun Sachdeva, Consumer Insights Analyst at GlobalData, a leading data and analytics company, offers her view: “In an era when consumers are gravitating towards lighter, less caloric, flavored alcoholic drinks, and questioning […]
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COVID-19 and lower oil prices to drive down Australia’s construction industry, output expected to contract by 5.7% in 2020, says GlobalData

The Australian construction industry is expected to contract by 5.7% in 2020 despite the country designating construction industry as ‘essential service’ and allowing it to continue during the lockdown due to the twin effects of COVID-19 and lower oil prices, according to GlobalData, a leading data and analytics company. Dhananjay Sharma, Construction Analyst at GlobalData, […]
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Bangladesh launches US$218.7m Green Transformation Fund to facilitate import of environment-friendly products, says GlobalData

Bangladesh has introduced a US$218.7m  (€200m) Green Transformation Fund (GTF) to provide soft loans to solar developers, other environment-friendly products and Eurozone’s energy efficiency components’ importers. This is in addition to the existing US$200m fund to offer soft loans for dollar-denominated imports, says GlobalData, a leading data and analytics company. Somik Das, Senior Power Analyst […]
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Marico’s Veggie Clean aims to bridge gap in kitchen hygiene amidst COVID-19 outbreak in India, says GlobalData

Following the news that fast moving consumer goods (FMCG) giant Marico Limited has forayed into the vegetable and fruit hygiene category by launching a vegetable cleaner ‘Veggie Clean’  in India; Shagun Sachdeva, Consumer Insights Analyst at GlobalData, a leading data and analytics company, offers her view: “With COVID-19 scare sweeping across the world and spreading […]
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COVID-19 will make 2020 a tough year for application software companies, says GlobalData

Application software companies will have a tough 2020 as the COVID-19 pandemic slows the licensing of software products, says GlobalData, a leading data and analytics company. The company’s latest report, COVID-19 Impact on Application Software, reveals that the continued fallout from the pandemic will undermine companies’ and industries’ propensity to buy, delay product launches, and […]
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Starbucks selects Sequoia Capital to drive digital innovation in China, says GlobalData

Following the news that Starbucks has partnered with Sequoia Capital to make strategic co-investments in next-generation food and retail technology across Mainland China; Shagun Sachdeva, Consumer Insights Analyst at GlobalData, a leading data and analytics company, offers her view: “The partnership between Starbucks and Sequoia Capital China comes at a time when the global economic […]
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Diversification of power equipment suppliers from China intensifies as supply chains plan to tap new markets in Southeast Asia, says GlobalData

China is the largest manufacturing hub for power equipment in the world. With COVID-19 has posing a threat to China’s ambitions to remain as global hotspot for manufacturing, companies are evaluating the efficiency and responsiveness of their supply chains to deal with the challenges arisen from COVID-19 outbreak. The plan of diversification of suppliers from […]
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Russia’s construction industry expected to shrink by 3.8% in 2020 due to COVID-19 related disruptions, says GlobalData

The construction sector has suffered as a result of the COVID-19 outbreak, experiencing severe disruptions on several construction sites, including the Arctic LNG 2 project.  As a result, the output in the Russian construction industry is expected to contract by 3.8% in 2020, a significant downward revision from the 2.6% growth expected prior to the […]
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Despite severe disruptions, Canadian Solar’s Chinese PV manufacturing experiences limited impact of COVID-19 outbreak, says GlobalData

Canadian Solar, the world’s fifth-largest solar PV module manufacturer, recently stated that it had experienced limited impact of the COVID-19 outbreak on its production facilities in China. Although the company faced severe disruptions from January-mid by way of capacity loss amidst the COVID-19 carnage, it did not have a large impact on the production facilities, […]
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