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Following the announcement that Chrysaor Holdings and Premier Oil have proposed to merge businesses; Daniel Rogers, oil and gas analyst at GlobalData, a leading data and analytics company, offers his view on the announcement: “With Premier Oil carrying a US$2bn debt load, and private equity players unable to execute high-value exit strategies through IPOs or […]
MacDonald’s J Balvin and Travis Scott collaborations highlight McDonald’s post-pandemic marketing model, says GlobalData
McDonald’s new artist collaboration with J Balvin is a simple but effective marketing move, especially in this post-pandemic consumer climate. The pandemic has severely affected the US fast-food industry with the forecast value growth in 2020 set to slip from 3.4% to -27.4%* – a decline from a base value of US$246.0bn in 2019 to […]
M&A activity in the Permian helps ride out oil crisis and strengthen operators for recovery scenario, says GlobalData
Following the news of the merger between Devon Energy and WPX Energy; Steven Ho, Oil & Gas Analyst at GlobalData, a leading data and analytics company, offers his view on the current events: “During a downturn in oil and gas, it is not unusual for companies to look out for potential acquisitions, but this is […]
Global oil and gas pipeline sector delaying project FIDs to save cash and weather out COVID-19 crisis, says GlobalData
The global oil and gas pipeline sector has been facing several headwinds in the form of a fall in oil and gas prices, demand destruction, and a weak global economic outlook on the back of COVID-19 outbreak. Consequently, delaying financial investment decisions (FIDs), slashing capital expenditure and stalling projects have become the norm for several […]
Airbnb’s City Portal will improve brand image ahead of IPO, says GlobalData
Following Airbnb’s recent launch of its City Portal for local governments; Ralph Hollister, Travel & Tourism Analyst at GlobalData, a leading data and analytics company, offers his view on the situation: “An increase in transparency holds the potential for Airbnb to strengthen its relationship with local governments, while also addressing ongoing safety and data sharing […]
COVID-19 triggers reconsideration of German STH project, says GlobalData
Following the announcement that the procurement procedure in Germany’s Heavy Transport Helicopter (STH) project has been cancelled; Harry Boneham, Aerospace and Defense Associate Analyst at GlobalData, a leading data and analytics company, offers his view on the situation; “This announcement may serve as an indication that, although the defense industry has proved more stable throughout […]
Saudi Arabia’s construction sector suffers sharp quarterly slide, says GlobalData
Following the release of construction output data for Saudi Arabia revealing a sharp decline in output; Yasmine Ghozzi, Economist at GlobalData, a leading data and analytics company, offers her view on the outlook for the construction sector: “In line with expectations of a severe decline in construction output in Saudi Arabia in Q2 2020 amid […]
Competition intensifies in SMA market with new Evrysdi two-year data, says GlobalData
Following the news that Roche has announced new positive two-year data for Evrysdi (risdiplam) in infants with spinal muscular atrophy (SMA); Philippa Salter, Neurology Analyst at GlobalData, a leading data and analytics company, offers her view: “Having been approved earlier this year, Roche’s Evrysdi now reaches the market – albeit a whole four years behind […]
Nissan and Toyota operations in UK could be hit by new EU tariff rules, says GlobalData
Following reports that the EU has refused UK Government requests to treat imported automotive parts for UK new car manufacturing from Japan and Turkey as ‘British’ under a proposed new free trade deal; David Leggett, Automotive Analyst at GlobalData, a leading data and analytics company, offers his view: “If the reports are true, this could […]
Transcatheter heart valve markets predicted to grow despite second wave of COVID-19, says GlobalData
Even in the face of a second wave of COVID-19, transcatheter heart valve markets will perform strongly in the coming months due to the growing urgency of related surgeries, a push for continued innovation, and the benefit that these devices usually only require a short hospital stay, according to GlobalData, a leading data and analytics […]
Kuwait’s new emir faces unprecedented economic upheaval and a struggling construction industry, says GlobalData
Following the death of the emir of Kuwait, Sheikh Sabah al-Ahmad al- Jaber al-Sabah; Yasmine Ghozzi, Economist at GlobalData, a leading data and analytics company offers her view on the multiple challenges the new emir faces, including a struggling construction sector: “The change in leadership to Sheikh Nawaf al-Ahmad al-Sabah is not expected to cause […]
China, US and Europe key drivers in renewable energy development, reveals GlobalData
GlobalData expects wind and solar PV technologies to continue to grow during 2021–2030, with reduced costs encouraging more projects to be set up in the coming years. The adoption of renewables by countries that had not used these resources before will further drive uptake of wind and solar energy sources globally. Wind is expected to […]
Chevron’s focus on Permian Basin and acquisition of Noble Energy positively valued by investors, says GlobalData
Following this week’s bullish sentiment with respect to Chevron’s shares; Adrian Lara, Oil and Gas Analyst at GlobalData, a leading data and analytics company, offers his view on the current events: “Oil and gas as a sector has been very badly hit during the pandemic and this is reflected in stock performance. Chevron’s shares have […]
Uncertain efficacy for contact tracing apps as NHS releases theirs, says GlobalData
After months of setbacks, the NHS COVID-19 contact tracing app was recently released to the public in England and Wales. However, these types of app need to overcome significant hurdles to demonstrate their effectiveness. For example, current iterations cannot account for factors that reduce transmission risk such as wearing masks. False positives are also possible, […]
Greggs cuts jobs as 60% of consumers eating lunch out less, says GlobalData
Following today’s news (Tuesday 29 September) that bakery chain Greggs faces possible job cuts following the end to the furlough scheme; Chloe Stephenson, Consumer Analyst at GlobalData, a leading data and analytics company, offers her view on the chain’s current challenges: “With a heavy reliance on in-store purchases, Greggs won’t be the only high-street bakery […]
China emerges as leader in solar PV installations as COVID-19 makes dent in renewables market, reveals GlobalData
COVID-19 lockdowns have significantly disrupted the demand side of the renewable energy supply chain. Although China and European countries have slowly resumed operations and eased lockdown restrictions, the impact of the global economic slowdown will dent the renewables market, says GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Thematic Research: Renewable Energy’, highlights […]
Deliveroo’s expansion aligns with 1/3 of consumers that favor takeout over dining out during the pandemic, says GlobalData
Following today’s news (Monday 28 September) that Deliveroo hopes to recruit 15,000 new riders by the end of 2020 to cope with a surge in demand; Ahsaan Iqbal, Consumer Analyst at GlobalData, a leading data and analytics company, offers his view on the move: “Deliveroo’s decision to recruit comes as no surprise as demand for […]
Advance of all-electric aircraft technology gathers momentum as companies race to prepare for zero-emission market, says GlobalData
Following the announcement that Rolls-Royce has completed ground-testing of technology set to power the world’s fastest all-electric plane; Harry Boneham, Aerospace and Defense Associate Analyst at GlobalData, a leading data and analytics company, offers his view on the situation; “Rolly-Royce’s announcement follows the unveiling of Airbus’ three zero-emission commercial aircraft models, and is another indication […]
Fintechs must rethink revenue models in post-COVID-19 era, says GlobalData
Global day-to-day purchases have seen a drastic reduction, even though e-commerce is booming. This, coupled with regulatory changes – such as the Bank of England reducing interest rates from 0.75% to 0.1% – means banks have experienced declining revenues. Therefore, many banks will have to adapt business models to the realities of pandemic-centred economies by […]
Beijing’s auto show shines a light of hope for the global auto industry, says GlobalData
As AutoChina gets underway in Beijing (first press day 26 September), the auto industry globally will be watching; David Leggett, Automotive Analyst at GlobalData, a leading data and analytics company, offers his view: “This year’s AutoChina show, postponed from March, will be unlike any other. It comes with social distancing, health checks and quarantines for […]