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The global power sector has witnessed a shift in capacity additions from conventional power sources to renewables. With a focus on decarbonizing electricity supply, the focus that governments and utilities have made on increasing the share of renewables in the overall energy mix has led to the establishment of support measures that offer a level […]
Total deal highlights importance of solar and renewables integration for oil majors’ transition, says GlobalData
Following today’s announcement of Total’s deal to develop 3.3GW solar capacity in Spain; Will Scargill, Managing Oil & Gas Analyst at GlobalData, a leading data and analytics company, offers his view on the deal: “Total’s latest solar deal comes amid a flurry of activity by European majors to further its ambitions on the energy transition. […]
Stryker Double-V hull IFVs’ firepower will soon increase with 30mm guns, says GlobalData
Following the US Department of Defence’s (DoD) announcement on the procurement of Northrop Grumman’s XM813 cannons for the Stryker Infantry Fighting Vehicles; Stelios Kanavakis, Defense Analyst at GlobalData, a leading data and analytics company, offers his view on the plan: “The procurement of XM813 cannons for the Stryker Double-V Hull Infantry Fighting Vehicles’ Kongsberg MCT-30 […]
Europe remained the lowest risk region although risk intensified in Q2 2020, says GlobalData
The overall regional risk score in Europe increased from 32.7 out of 100 in Q4 2019 to 39.1 in Q2 2020, according to GlobalData’s proprietary Global Country Risk Index (GCRI). However, despite this rise, the score is still the lowest among all regions – compared with, for example, the Middle East and Africa (MENA) region, […]
vTV’s Alzheimer’s and type 2 diabetes therapy has some support for positive data but skepticism remains, says GlobalData
In light of another setback in the Alzheimer’s disease (AD) drug development field, with the failure of Roche and AC Immune’s antitau antibody, all eyes will be on results for vTv Therapeutics’ azeliragon for AD and type 2 diabetes; William Newton, Pharma Writer for the Investigative News team at GlobalData, offers his view: “Although azeliragon […]
COVID-19 lockdowns combined with threat of digital services may be the death of cinema, says GlobalData
Following the release of Cineworld’s results update showing it has seen revenue fall from $2.15bn in H1 2019 to just $712m in H1 2020 and adjusted EBITDA fall a staggering 93% from $757m to $53m, it is clear that COVID-19 has adversely affected the cinema industry. Danyaal Rashid, Thematic Analyst at GlobalData, a leading data […]
New Griffon and Jaguar orders continue to support French defense industry, says GlobalData
Following the recent announcement by the French Defense Ministry of the order of a second batch of Griffon and Jaguar armored vehicles; Stelios Kanavakis, Defense Analyst at GlobalData, a leading data and analytics company, offers his view on the acquisition: “This second batch of vehicles is proof of the Ministry of Defence’s (MoD’s) commitment to […]
Argentina’s construction industry will contract by 23.5% in 2020, says GlobalData
Following the release of data from the National Institute of Statistics and Census (INDEC) showing a year-on-year drop of 52.1% in construction output in Q2 2020: Dariana Tani, Economist at GlobalData, a leading data and analytics company, offers her view on the situation: “The significant decline in construction output in the second quarter of the […]
Tougher 2030 EU CO2 rules for European carmakers pose competitive threat, says GlobalData
Following reports that the EU could further tighten its rules for reducing company fleet average new vehicle CO2 emission levels by 2030; David Leggett, Automotive Analyst at GlobalData, a leading data and analytics company, offers his view: “The possibility of an even more ambitious 2030 CO2 reduction target for average emissions from new vehicles will […]
Uncle Ben’s rebrand will appeal to 43% of socially conscious millennials, says GlobalData
Following today’s news (23 September) that Mars has renamed the 70-year-old Uncle Ben’s rice brand, which has been criticized as a racial stereotype; Carmen Bryan, Consumer Analyst at GlobalData, a leading data and analytics company, offers her view: “The rebrand will help set a new standard in the fast-moving consumer goods (FMCG) community based on inclusion […]
FSU and Asia spearhead global refinery coking unit capacity growth by 2024, says GlobalData
The Former Soviet Union (FSU) and Asia are expected to lead the global refinery coking unit capacity growth, contributing around 75% of the total global capacity growth by 2024. The two regions are likely to add in the region of 757 thousand barrels per day (mbd) of refinery coking capacity by the end of 2024, trumping […]
The Arctic is becoming a new front of great power competition, says GlobalData
The Arctic and High North region are becoming increasingly important as climate change reveals both resources and sea routes. Technological advances such as new icebreakers and unmanned systems facilitate the expansion of both military power projection and commercial opportunity in the region, says GlobalData, a leading data and analytics company. GlobalData’s latest release, ‘Arctic and […]
Bars and nightclubs have increased risk of COVID-19 transmission, says GlobalData
Several COVID-19 outbreaks across the US since mid-June have been traced back to bars and nightclubs as the source of contagion. This coincides with a growing amount of evidence worldwide suggesting that indoor activities in areas with poor air circulation increases the risk for contracting COVID-19 – including preliminary results from a study in China […]
Positive CHMP opinion on Baricitinib in atopic dermatitis positions it to take on Dupixent, says GlobalData
Eli Lilly’s baricitinib, marketed as Olumiant in rheumatoid arthritis, has received a recommendation of approval from the European Medicines Agency’s (EMA) Committee for Medicinal Products for Human Use (CHMP) for moderate to severe adult atopic dermatitis (AD) patients, positioning the drug to take on Sanofi and Regeneron’s juggernaut Dupixent (dupilumab), says GlobalData, a leading data […]
Microsoft’s acquisition of Zenimax is another step towards its domination of the games console market, says GlobalData
Following the news that Microsoft has acquired Zenimax for $7.5bn; Rupantar Guha, Associate Project Manager for Thematic Research at GlobalData, a leading data and analytics company, offers his view: “Microsoft’s $7.5bn Zenimax acquisition demonstrates how the company wants to dominate the games console market, which will be worth $60bn by 2025, according to GlobalData forecasts. […]
Cyber-attacks threaten middle-market businesses, providing opportunity for insurers, says GlobalData
Despite a series of high-profile cyber security cases in recent years, the uptake of cyber insurance among small-medium enterprises (SME) remains low at just 12.7%, according to GlobalData’s 2020 UK SME Insurance Survey. Insurers should target middle-market companies who at the most risk, according to GlobalData, a leading data and analytics company. Daniel Pearce, Senior […]
Tesla defies odds and paces up hiring to maintain market leadership, says GlobalData
Despite the automotive industry suffering through the challenges brought on by COVID-19, Tesla has defied the odds and continued to hire at a higher rate than average throughout the pandemic. According to GlobalData’s Jobs Analytics database, hiring in the global automotive industry remained mostly flat, with job postings seeing decline in Q2 before showing signs […]
Stroke market to experience limited impact despite second wave, says GlobalData
The stroke market is one of the only sectors within the medical device industry that has been showing some stability over the COVID-19 period, and will likely experience a slight uptick in the near future, according to GlobalData, a leading data and analytics company. Sheryl Tang, Principal Medical Devices Analyst at GlobalData, comments: “Several leading […]
World Heart Day 2020 to raise awareness surrounding heart health
Described as the WHF’s biggest awareness-raising platform, the World Heart Day campaign aims to inform people around the world about the leading cause of death worldwide – cardiovascular disease (CVD). Ashley Young, Medical Devices Analyst at GlobalData, comments: “One of the main aims of World Health Day is to raise awareness of the risk factors […]
Trump’s executive order on drug pricing unlikely to have immediate impact on pharma industry, says GlobalData
One of the most worrying issues in regard to US healthcare is that the cost of treatment and therapeutics is unreasonably high – often to the point when care is unaffordable to many Americans. With the US often paying significantly more for drugs than other developed countries, how to achieve pricing parity is often the […]