Pryat Matharu

Construction

Eastern European construction output to contract by 1.4% in 2020, says GlobalData

Construction activity across Eastern Europe slowed markedly in 2019 and in 2020 output will be severely impacted by COVID-19 containment measures. Leading data and analytics company GlobalData now expects growth in the region to drop to -1.4% in 2020. Moustafa Ali, Economist at GlobalData, comments: “The outlook for the Eastern European construction industry is less […]

Banking, Retail

Goldman Sachs is top financial adviser globally in retail sector by M&A value in coronavirus-hit Q1 2020, says GlobalData

Goldman Sachs has dominated the M&A financial advisers league table based on deal value in the first quarter of 2020, according to GlobalData, a leading data and analytics company. The US-based firm secured the top spot by advising on two deals worth US$10.9bn. GlobalData, which tracks all M&A, private equity/venture capital and asset transaction activity […]

Construction, Energy

Construction energy market in Egypt still hot in spite of COVID-19 delays, says GlobalData

Following the news that General Electric has completed construction of a EGP100m control and monitoring center at the Benban solar complex facility; Yasmine Ghozzi, Economist at GlobalData, a leading data and analytics company, offers her view: “The Benban Solar Energy Complex in Aswan is the largest solar energy project in the Middle East and North […]

Pharma

Stimulatory cell receptors key to three-drug combinations in future immuno-oncology treatments, says GlobalData

Emerging three-drug combinations are poised to redefine the immuno-oncology treatment paradigm in advanced malignancies with high unmet need, according to GlobalData, a leading data and analytics company. The oncology market is saturated with new drugs that target the immune system, however, these only target part of the problem caused by cancer’s ability to hide from […]

Automotive

Automotive forecasts revised down as crisis deepens, says GlobalData

The shutdowns and deteriorating demand in the automotive sector have caused GlobalData to revise its North American and European light vehicle (LV) production forecasts for 2020 and beyond. This is a stark illustration of how serious the COVID-19 crisis, which has caused sales to whither and shuttered manufacturing plants, is becoming for the automotive industry, […]

Oil & Gas

Total revises capex guidance in the wake of drop in oil prices, says GlobalData

Total’s refining and petrochemical operations have sizeable exposure to COVID-19 affected countries and may experience a fall in capacity utilization over the near term, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Coronavirus (COVID-19) Company Impact: Total SA’, notes that around 40% of Total’s refining capacity is concentrated in France, the US, Germany, […]

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