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Rebecca Panks

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Coronavirus pandemic delays Portugal’s solar plans, says GlobalData

Following the news that Portugal has post-poned its 700MW auction until the market is less turbulent; Somik Das, Power Analyst at GlobalData, a leading data and analytics company, offers his view: “In a major blow to the nation, the coronavirus (COVID-19) pandemic has caused more than 4,200 deaths, which has made the market unpredictable. “That the […]
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Sales of N95 respirators in US healthcare institutions doubled between Dec 2019 and Jan 2020, says GlobalData

Heightened demand for N95 respirators means that product counterfeiting, faulty stock, and price gouging are ongoing issues, says GlobalData, a leading data and analytics company. Alison Casey, Medical Device Analyst at GlobalData, comments: “GlobalData estimates that sales of N95 respirators in US healthcare facilities more than doubled between December 2019 and January 2020 to surpass […]
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Royal Caribbean CEO pay cut highlights the financial burden of COVID-19, says GlobalData

Following the news that top bosses at Royal Caribbean Cruises are taking six-month pay cuts amid the coronavirus (COVID-19) crisis; Ben Cordwell, Travel & Tourism Analyst at GlobalData, a leading data and analytics company, offers his view on the situation: “The current COVID-19 outbreak is putting enormous financial strain on all companies operating within the cruise sector. […]
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Investors unlikely to commit exploration budget to licensing rounds in near term due to coronavirus, says GlobalData

Investors have not faced both a decrease in global oil demand and a significant and potentially prolonged increase in oil supply at the same time before, which has created unparalleled uncertainty. To manage their exposure, many exploration and production (E&P) companies, including major operators, have pledged to reduce capital expenditure (CAPEX) budgets for 2020 by […]
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Home Depot’s digital-physical integration strategy stacking up on sentimental growth, says GlobalData

On the back of comparable sales growth* driven by its strategy to unify digital and physical shopping, Home Depot witnessed double digit sentiment growth in the fourth quarter (Q4) of 2019, says GlobalData, a leading data and analytics company. GlobalData’s Company Filing Analytics platform found that Home Depot’s overall sentiment score grew 16% in Q4 […]
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Sentiments remained low for Target due to weak comparable sales growth in Q4 2019, says GlobalData

The US tourism & leisure industry saw a drop of 18.9% in overall deal activity during February 2020, when compared with the last 12-month average, according to GlobalData’s deals database. A slow holiday comparable (comp) sales growth coupled with mismanagement of inventories during the fourth quarter (Q4) of 2019 affected sentiments for the US-based retailer, […]
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Healthcare sector deal activity showcases resilience amid coronavirus crisis, says GlobalData

A total of 152 deals were announced in the global healthcare sector, including pharmaceuticals and medical equipment, during the week ended March 29, which represents an increase of 23.6% over the 123 deals announced the previous week, according to GlobalData’s deals database. Aurojyoti Bose, Analyst at GlobalData, comments: “While deal activity remained subdued globally on […]
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Construction industry outlook looks increasingly bleak across UK and Ireland, says GlobalData

With UK and Ireland construction firms announcing site closures, project delays and profit warnings amid the coronavirus (COVID-19) outbreak; Moustafa Ali, Economist at GlobalData, a leading data and analytics company, offers his view on the challenges facing the industry: “As the virus outbreak worsens in the UK and Ireland, several contractors have announced site closures […]
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Insurance providers decision to withdraw cover creates another barrier for future travel, says GlobalData

Following the news that more insurance companies are withdrawing travel cover related to the outbreak of the coronavirus (COVID-19); Johanna Bonhill-Smith, Travel & Tourism Analyst at GlobalData, a leading data and analytics company, offers her view on the situation: “Travel insurance providers are under colossal pressure, as are all travel related industries, yet the decision […]
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