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Rebecca Panks

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  • Author: Rebecca Panks

Western Europe construction output forecasted to contract as coronavirus spread causes severe disruption, says GlobalData

With economic conditions set to deteriorate in the coming months, as much of Western Europe has been placed under strict lockdown, the construction industry is set to face severe disruption. Leading data and analytics company GlobalData has revised its forecast for the Western Europe construction industry, with a contraction of 1.9% expected. GlobalData’s report, ‘Global […]
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COVID-19 outbreak leads to a surge in tanker rates, says GlobalData

The rates for chartering very large crude carriers (VLCCs) has surged exponentially due to a spike in demand for long-term offshore storage of crude oil following the Organization of Petroleum Exporting Countries’ (OPEC’s) disagreement with Russia over the impact of the coronavirus (COVID-19) and the resulting oil price crash, according to leading data and analytics […]
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Generational trends and uncertainties over future sustainability present key issues for alcohol brands, says GlobalData

A tension exists in alcoholic drinks between consumers’ established preferences, market norms, openness to innovation, and products that cross traditional category or flavor lines. Creative and edgy innovation works best when it retains a connection to the familiar, allowing consumers to experiment and try new things, but with a degree of confidence. says GlobalData, a […]
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Coronavirus pandemic pushes pharma sales reps deeper into virtual space, says GlobalData

As the novel coronavirus (COVID-19) pandemic continues to spread globally, virtual platforms will experience an extra boost after already having a transformational impact on the entire healthcare landscape even before the outbreak, says GlobalData, a leading data and analytics company. Valentina Gburcik, PhD, Senior Director of Cardiovascular and Metabolic Diseases, Gender Health and Digital at […]
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Auto sector faces biggest existential crisis since 2007-09, says GlobalData

The automotive sector is facing its biggest existential crisis since the 2007-2009 financial crisis with 97% of light vehicle (LV) manufacturing plants in Europe and North America temporarily shut down, says GlobalData, a leading data and analytics company. Calum MacRae, Automotive Analyst at GlobalData, comments: “In Europe and North America, GlobalData’s latest estimates show that […]
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Lack of consumer spending is one of the greatest threats facing global travel intermediaries, says GlobalData

Last year saw US$1.9 trillion spent on outbound global travel. Times of economic downturn, political instability and, in this case, a global pandemic will reduce both the ability and willingness to travel, severely affecting consumer spending for 2020. Ultimately, all companies are at risk amid the outbreak of the coronavirus (COVID-19), from the traditional in-store […]
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Consumer sentiment towards fat and carbs are changing

Consumers’ views towards carbohydrates are becoming more negative, but fat is viewed more positively than before, says GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘TrendSights Analysis: Health & Wellness – Carbs are Bad, Fat is Good’,notes thatdespite only 6% of consumers globally are trying to increase their fat intake, trending diets such as […]
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UK aviation industry in dire need of help, says GlobalData

Government intervention in the airline industry has been almost inevitable since it became clear that the coronavirus (COVID-19) was more than a short-lived phenomenon. Following the news that easyJet has grounded its entire fleet, the need for support has crystalized; Nick Wyatt, Head of R&A and Travel & Tourism at GlobalData, a leading data and […]
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