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Rebecca Panks

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More public pharma and CMOs took PPP COVID-19 small business loans

At least 99 publicly owned pharma companies and contract manufacturing organizations (CMOs) – many with substantial market value and access to capital markets – were approved to receive PPP loans that were intended to help small businesses in the US to pay workers during the COVID-19 pandemic, a GlobalData analysis of a partial release of information by the Small Business Administration (SBA) shows. PPP (paycheck protection program) loans are a US federal government initiative. Fiona Barry, Associate Editor of GlobalData PharmSource, […]
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More sustainable Pringles may boost sales, says GlobalData

Following the news that the iconic Pringles can is undergoing a redesign to become more sustainable; Ryan Whittaker, Consumer Analyst at GlobalData, offers his view: Re-designing the Pringles packaging is absolutely the right decision for Kellogg’s in this climate. GlobalData’s most recent consumer survey* found that sustainability remains a big issue during the pandemic with […]
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Consumers’ sentiment towards alcohol consumption and brands changed by COVID-19 pandemic, says GlobalData

‘New Socializing’, ‘New Initiatives’ and ‘More Health’ are three new trends that are emerging in the alcoholic beverage space after the COVID-19 pandemic has altered consumers’ social lives, their view of brands, and their awareness of health and wellbeing, says GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Coronavirus (COVID-19) Case Study: Alcoholic Beverage […]
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Incentive required for L’Oréal’s in-store recycling points to be a success, says GlobalData

Following the news that L’Oréal is to launch in-store recycling points for its beauty products: Lia Neophytou, Consumer Analyst at GlobalData, a leading data and analytics company, offers her view: “L’Oréal’s introduction of in-store recycling points will certainly tackle two major barriers to recycling beauty products: knowing what product types can be recycled and where. […]
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EVs pushing battery prices down and ESS to pave way for next phase of energy transition, reveals GlobalData

Energy storage systems (ESS) installations linked to the electricity grid and ancillary services will witness rapid growth in the coming two to three years because of their increasing number of applications and the falling cost of systems due to electric vehicle (EV) development. Key drivers are increased variable renewables integration, rising energy demand, asset retirements […]
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T&T companies’ sentiments showing signs of rebound, says GlobalData

The travel and tourism (T&T) sector witnessed an uptick in Q3 2020 earnings transcript sentiment scores, according to GlobalData, a leading data and analytics company. Hotel operators’ sentimental growth was influenced by improvements in occupancy rates, while airline companies’ sentiments were largely influenced by enhanced liquidity. Rinaldo Pereira, Senior Business Fundamentals Analyst at GlobalData, says: […]
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Rapid growth and mid-band 5G auction results reinforce cable MVNOs’ growing challenge, says GlobalData

US cable companies operating as mobile virtual network operators (MVNOs) are proving their competitive spirit, scoring more than one million wireless retail customer net additions during the first half of 2020 – 25% more than the postpaid phone net additions reported by the three nationwide wireless operators, says GlobalData, a leading data and analytics company. […]
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As schools open, US ramps up COVID-19 testing, says GlobalData

Following the National Institute of Health’s (NIH) awarding of over $100m to increase COVID-19 testing; James Spencer, Data Scientist at GlobalData, a leading data and analytics company, offers his view on the current approach to reopening schools in the US: “As the US passes six million COVID-19 cases, while its citizens move relatively freely, it […]
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Zoom’s sentiments rebound on historic gains, says GlobalData

Zoom’s sentiments have rebounded in Q2, driven by its skyrocketing revenue growth after facing declines due to privacy concerns. The company’s coherent strategies on end-to-end (E2E) encryption are paying off as the flagship conferencing app developer generated more revenue in Q2 2020 (fiscal Q2 2021 for Zoom: ended July 2020) than in the entirety of […]
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