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Electric vehicle (EV) production is set to skyrocket to 12.76 million cars produced each year by 2026, with over half coming from China. China dominates the lithium-Ion battery supply chain, specifically in terms of battery cells, cathode and anode production, and chemical refining With lithium prices set to rise throughout the next decade, the EV […]
Russia’s new O&G discoveries drop to five-year low, says GlobalData
Russia has seen the number of new oil and gas discoveries drop to a five-year low, according to GlobalData. The leading data and analytics company notes that Russia discovered only six very small fields in H1 2021, which add a mere 36 million barrels – less than four days of the country’s daily oil production. […]
US upstream Lower 48 M&A deals on the rise as operators continue to consolidate and build upon core assets, says GlobalData
There has been an increase in the number of mergers and acquisitions (M&A) made in the US Lower 48 upstream sector in 2021, which GlobalData notes is a sign that the oil & gas industry has begun to stabilize from the impacts of COVID-19. In its latest report, ‘Key Upstream M&A Deals in 2021’, the […]
Caution must be used when addressing anti-vaxxers as frustrated comments will just drive the very gap we are trying to bridge, says GlobalData
Following the news that Pfizer CEO Albert Bourla called people who spread misinformation on COVID-19 vaccines ‘criminals’, Emily Martyn, MPH, Healthcare Analyst at GlobalData, a leading data and analytics company, offers her view: “It is understandable that the pharmaceutical industry is frustrated, however, it is important to remember that the unvaccinated community, including anti-vaxxers, are […]
Bitcoin’s all-time high should ring some alarm bells, says GlobalData
Following the news that Bitcoin and Ethereum have reached all-time highs; George Monaghan, Thematic Analyst at GlobalData, a leading data and analytics company, offers his view: “While Bitcoin has legitimate uses, it definitely shouldn’t be the sixth-largest asset on earth by market cap. Reaching this position is one of two big red flags. “The other […]
Advantages of electric aircraft in defense drives growing market, says GlobalData
Following the news that the RAF Air and Space Warfare Centre has been testing the electric Pipistrel Velis Electro; Anthony Endresen, Analyst at GlobalData, a leading data and analytics company, offers his view on the situation: “Testing the Pipistrel Velis Electro is a significant step for a prominent air force to be making. The use […]
GlobalData: Top five things Uber’s Q3 results tell us about the direction of the global economy
In light of Uber’s Q3 earnings release, Amrit Dhami, Associate Analyst at leading data and analytics company GlobalData, looks at the key takeaways and what they mean for the global economy – ranging from China’s crackdown on foreign initial public offerings (IPOs) to the explosion of quick commerce. China is cracking down on Chinese companies […]
Virtual reality to become a $51bn market by 2030, but is still chasing mainstream appeal, says GlobalData
While virtual reality (VR)* is set to see significant growth in the next ten years, with GlobalData estimating it will become a $51bn industry by 2030, the technology is still not a ‘mainstream success’. The leading data and analytics company notes that VR’s important role in the future of work and its part in the […]
Habour Energy’s Falkland Islands exit just one example of E&P wariness for new remote oil markets, says GlobalData
Harbour Energy’s intention to streamline its portfolio by focusing mainly on North Sea assets is noteworthy because the strategy includes the option to exit the $1.8bn Sea Lion project in the Falkland Islands. Leading data and analytics company GlobalData notes that many exploration and production (E&P) companies are putting de-risking strategies in effect due to […]
Indian tourists to be highly sought after, says GlobalData
Indian tourists will be some of the most desirable travellers, given India’s growing economy, young population and rising middle class, according to GlobalData. The leading data and analytics company notes that the country is projected to reach record levels of 29 million outbound trips by 2025 – a buoyant outlook considering the strains of COVID-19. […]
A more social Christmas will support Card Factory on its recovery, says GlobalData
Following the trading update from Card Factory this morning: Zoe Mills, Senior Retail Analyst at GlobalData, a leading data and analytics company, offers her view: “With the festive period upon us, Card Factory is heading into the event in a weak position, with two-year store like-for-likes down 3.0% in Q3 FY2021/22. While transaction numbers are […]
Gut-skin axis may hold the answer to hidradenitis suppurativa, says GlobalData
At the end of September, results were presented at the European Academy of Dermatology and Venereology (EADV) Congress from a study exploring patterns in the rare skin disease hidradenitis suppurativa (HS). Currently, effective therapies for the disease are limited, leading to great unmet need for better treatment options. HS-specific patterns in patients’ skin and gut microbiomes in this study suggest that similar to psoriasis (PsO), HS may be a good candidate indication for […]
Powder River’s ramp up in drilling activities could signify the end of a year-long downward trend, says GlobalData
Rig count in the Powder River basin, situated in Wyoming and Montana, has increased almost four-fold from four in April 2021 to 17 in August 2021, according to GlobalData. The leading data and analytics company notes, considering the recent sustained upswing in US crude prices, production of both crude oil and natural gas in the […]
Coca-Cola sales rejuvenate to pre-COVID-19 volumes as its grip on the market holds fast, says GlobalData
Following the release of Coca-Cola’s Q3 trading results; Holly Inglis, Beverages Analyst at GlobalData, a leading data and analytics company, offers her view: “Coca-Cola’s strong global revenue growth clearly demonstrates the post-COVID-19 rebound we are seeing in the non-alcoholic beverages category. GlobalData forecasts that the global soft drinks category will grow at a volume compound […]
TV-inspired beauty taps into millennials’ nostalgia, just in time for Halloween, says GlobalData
Get ready to be thrilled this Halloween, as beauty companies are using a relatively new way of targeting customers: retrophilia. This trend sees the release of new TV-inspired beauty products – usually based on shows from the nostalgic 90s and 2000s. Launched just in time for the first post-lockdown Halloween parties, recent examples include Wet […]
Growth potential for India in innovation and R&D, says GlobalData
India has the third largest pharma market in the world by volume, according to research by GlobalData, placing it behind giants such as the US and China. The leading data and analytics company notes that India’s potent manufacturing capabilities, high export activity and large generics market have supported the country in grabbing ‘bronze place’. According […]
Jobs offering ‘hybrid work’ jump 464% in Q3 2021, finds GlobalData
There has been a huge spike in the number of job postings mentioning both ‘remote work’ and ‘hybrid work’, according to GlobalData. The leading data and analytics company notes that jobs featuring the key word ‘remote work’ saw highs with listings increase by 23% in Q3 2021 compared to Q2 2021, while ‘hybrid work’ saw […]
JP Morgan was top M&A financial adviser in oil and gas sector for Q1-Q3 2021, finds GlobalData
JP Morgan has emerged as the top financial adviser for mergers and acquisitions (M&A) by both value and volume in the oil & gas sector for Q1-Q3 2021, according to GlobalData, having advised on 22 deals worth $47.7bn. The leading data and analytics company notes that there was a total 1,257 M&A deals announced in […]
Goldman Sachs was the top M&A financial adviser in power sector for Q1-Q3 2021, finds GlobalData
Goldman Sachs has emerged as the top financial adviser for mergers and acquisitions (M&A) by both value and volume in the power sector for Q1-Q3 2021, according to GlobalData, having advised on 23 deals worth $67.6bn. The leading data and analytics company notes that there was a total of 1,737 M&A deals announced in the […]
Weil Gotshal & Manges and Watson Farley & Williams were top M&A legal advisers by value and volume in power sector for Q1-Q3 2021, finds GlobalData
Weil Gotshal & Manges and Watson Farley & Williams have been found by GlobalData to be the top mergers and acquisitions (M&A) legal advisers in the power sector for Q1-Q3 2021 by value and volume, respectively. The leading data and analytics company’s Financial Deals Database reveals that Weil Gotshal & Manges advised on nine deals […]