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Rebecca Panks

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  • Author: Rebecca Panks

Global oil and gas contracts activity remains subdued due to crude oil price volatility, capex reduction and COVID-19, says GlobalData

Oil and gas contract activity remained subdued in 2020, with the industry recording a decrease in the number of contracts and disclosed contract value, according to GlobalData, a leading data and analytics company. The latest report by GlobalData, ‘Annual Global Oil & Gas Industry Contracts Review’, notes that the number of oil and gas contracts […]
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Green competition is critical to reaching the UK’s net-zero emissions by 2050 target, says GlobalData

Following today’s news (17 March) that the UK government wants to be the first major economy to have its own low-carbon industrial sector to help meet its climate targets; Commenting on that the decarbonization fund will include projects such as hydrogen gas, Sneha Susan Elias, Power Analyst at GlobalData, comments: “Hydrogen will play a crucial […]
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VW Group bets big on industrial scale to counter Tesla, says GlobalData

Following Volkswagen Group’s annual results conference for investors at which it set out its transformation to ‘new auto’ which includes the switch to electric drives; David Leggett, Automotive Analyst at GlobalData, a leading data and analytics company, offers his view:  “Volkswagen is turning to its natural industrial strength – especially in the form of standardized […]
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Stellar progress has been made on vaccines at the one-year anniversary of COVID-19 in the US, says GlobalData

At the one-year anniversary of the World Health Organization’s official declaration of the COVID-19 pandemic, there has been record-breaking progress made towards developing a COVID-19 vaccine and vaccination in the US. However, the threat that variants could reduce vaccine effectiveness remains, though recent results indicate that vaccines could still have a 100% efficacy against severe […]
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CRISPR-based cancer therapies have potential to be a disruptive technology in healthcare, according to GlobalData

Clustered regularly interspaced short palindromic repeat (CRISPR) therapies are one of the most potentially powerful and transformative technologies in human history, according to GlobalData, a leading data and analytics company. Expected to be able to prolong the life of cancer patients by decades, compared to the current performance of blockbuster drugs that prolong life by […]
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Data centers become a vital fifth utility amid COVID-19 with market growth estimates rise to $948bn by 2030, says GlobalData

The COVID-19 pandemic has highlighted the vital importance of data centers and turned them into a fifth utility that is as critical as water, electricity, gas and telecoms, says GlobalData, a leading data and analytics company. Businesses are increasingly reliant on data centers to provide cloud services, which will drive a significant market expansion over […]
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Race for quantum supremacy has begun, says GlobalData

Industries such as logistics, financial services and manufacturing will reap business benefits from quantum computing if they act now to get ahead of the curve, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Thematic Research: Quantum Computing’, reveals that while the engineering challenges are vast, intermediate devices are already being used […]
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Unilever dropping ‘normal’ supports social causes, an essential driver of purchases for a quarter of global shoppers

Following today’s news (9 March) that Unilever has dropped ‘normal’ claims when referring to skin and hair types in a bid to push an inclusivity message; Amira Freyer-Elgendy, Consumer Analyst at GlobalData, a leading data and analytics company, offers her view: “Removing descriptors such as ‘Normal’, alongside other inclusivity actions such as the company’s promise […]
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Huge fiscal support announced in Budget 2021 to aid the UK economy to grow in 2021, says GlobalData

Following today’s unveiling of the UK’s Budget 2021 as the country sets out its long-term economic recovery; Gargi Rao, Economic Research Analyst at GlobalData, a leading data and analytics company, offers her view: “The £325bn ($453.8bn) COVID-19 package and successful vaccination drive will set the UK to experience a strong V-shaped recovery for 2021. According […]
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