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Construction activity in Australasia (Australia and New Zealand) slowed in the first quarter of this year, with outbreaks of the Omicron variant, flooding in eastern Australia, and rising construction material and labor costs disrupting construction works. As a result, GlobalData, a leading data and analytics company, has revised down its forecast of Australasian construction output […]
India ready for 5G service rollout after record bids in spectrum auction, says GlobalData
Following the news that the 5G spectrum auction in India has concluded with record bids of over INR1.5 trillion ($19 billion); Kantipudi Pradeepthi, Telecom Research Analyst at GlobalData, offers her view: “5G spectrum is crucial for Indian telcos to power their revenue growth by offering ultra-high speed wireless network services. Despite the unfounded concerns […]
APAC region records 119% QoQ growth in M&A deal value in Q2 2022, finds GlobalData
The Asia-Pacific (APAC) region saw a growth of 119% in mergers and acquisitions (M&A) deal value in Q2 2022 compared to the previous quarter (Q1), despite significant geopolitical and financial challenges around the world, finds GlobalData, a leading data and analytics company. India, Australia and China were the top three countries when measured in terms […]
Climate change-led Nat-Cat events will continue to hurt profit margins of property insurers in Australia, says GlobalData
Repeated climate change-induced natural catastrophic (Nat-Cat) events have resulted in an increase in claims paid by Australian property insurers and consequently pushed their loss ratio up from 66.1% in 2019 to 84.6% in 2021. The loss ratio is expected to remain above the 80% levels over the next five years, impacting the profit margins of […]
Cryptocurrencies account for less than 1% of HNW investors portfolio in Asia-Pacific, says GlobalData
Alternative investments account for 12% of the high-net worth individuals’ (HNWI) investment portfolio in Asia-Pacific, with cryptocurrencies accounting for a mere 0.7% share, says GlobalData, a leading data and analytics company. GlobalData had carried out ‘Global Wealth Managers Survey Q2 2021’ with 360 wealth management executives across 19 countries to gather their views on a […]
Surging global oil and gas demand to boost subsea production, predicts GlobalData
Subsea technology has been witnessing a substantial growth lately. Rising global oil and gas demand and supply disruption from the Russia-Ukraine conflict have propelled the oil prices to over $100 in 2022. With regions such as Europe looking to replace Russian imports with alternative sources, it can spur the development of relatively high capex oil […]
Power sector tops social media discussions on climate change during H1 2022, finds GlobalData
‘Climate change’ is existential and is disrupting several natural systems, accelerating wildfires, sea-level rise and coastal flooding, and extreme storms. As a result, countries across the globe are joining hands to mitigate the twin challenge of climate change and energy security. In line with this, the volume of social media discussions in the power sector […]
Goldman Sachs and Ernst & Young top M&A financial advisers by value and volume in Asia-Pacific in H1 2022, finds GlobalData
Goldman Sachs and Ernst & Young have emerged as the top mergers and acquisitions (M&A) financial advisers in the Asia-Pacific region during the first half (H1) of 2022 by value and volume, respectively, according to the latest Financial Advisers League Table by GlobalData, a leading data and analytics company. According to GlobalData’s Financial Deals Database, […]
Homegrown SKYCovione will strengthen South Korea position in global COVID-19 vaccine industry, says GlobalData
SK Bioscience has recently announced that South Korea’s first homegrown COVID-19 vaccine ‘SKYCovione’ adjuvanted with GlaxoSmithKline’s pandemic adjuvant has been authorized by the Korean Ministry of Food and Drug Safety (KMFDS). This will not only strengthen the country’s overall position in the global vaccine industry but also reduce its reliance on foreign vaccines, says GlobalData, […]
Bank of America and Rothschild & Co top M&A financial advisers by value and volume in Middle East & Africa for H1 2022, finds GlobalData
Bank of America and Rothschild & Co have emerged as the top mergers and acquisitions (M&A) financial advisers in the Middle East & Africa region for H1 2022 by value and volume, respectively, according to the latest Financial Advisers League Table by GlobalData, a leading data and analytics company. GlobalData’s Financial Deals Database reveals that […]
Machado Meyer Sendacz e Opice and Bronstein, Zilberberg, Chueiri & Potenza Advogados top M&A legal advisers by value and volume in South & Central America for H1 2022, finds GlobalData
Machado Meyer Sendacz e Opice and Bronstein, Zilberberg, Chueiri & Potenza Advogados were the top mergers and acquisitions (M&A) legal advisers in the South & Central America region for H1 2022 by value and volume, respectively, according to the latest Legal Advisers League Table by GlobalData, a leading data and analytics company. GlobalData’s Financial Deals […]
Rothschild & Co tops list of M&A financial advisers in South & Central America for H1 2022, finds GlobalData
Rothschild & Co was the top mergers and acquisitions (M&A) financial adviser in the South & Central America region for H1 2022 both by value and volume, according to the latest Financial Advisers League Table by GlobalData, a leading data and analytics company. GlobalData’s Financial Deals Database reveals that Rothschild & Co achieved its leading […]
US, China tech giants emerge as significant contributors to global patents in automotive, healthcare sectors, reveals GlobalData
The US tech giants Google, Apple, Meta, Amazon, and Microsoft (GAMAM) have filed more than 106,000 patents and Chinese tech trio Baidu, Alibaba, and Tencent (BAT) have filed over 80,000 patents during the last five years. This indicates that innovation forms a significant part of their business strategy. While the technology sector is their primary […]
X-ray systems market in China set to grow at 9% CAGR through 2030, forecasts GlobalData
China-based Medwish.com, one of the largest global marketplaces for medical equipment, has recently announced that it would expand its digital X-ray business across the globe. Against this backdrop, China’s X-ray systems market is expected to grow at a compound annual growth rate (CAGR) of approximately 9% by 2030, forecasts GlobalData, a leading data and analytics […]
AZB & Partners tops list of Asia-Pacific M&A legal advisers during H1 2022, finds GlobalData
India-based corporate law firm AZB & Partners has emerged as the top mergers and acquisitions (M&A) legal adviser in the Asia-Pacific region during the first half (H1) of 2022 by value as well as volume, according to the latest Legal Advisers League Table by GlobalData, a leading data and analytics company. According to GlobalData’s Financial […]
Latham & Watkins and Erdinast, Ben Nathan, Toledano top M&A legal advisers by value and volume in Middle East & Africa for H1 2022, finds GlobalData
Latham & Watkins and Erdinast, Ben Nathan, Toledano were the top mergers and acquisitions (M&A) legal advisers in the Middle East & Africa region for H1 2022 by value and volume, respectively, according to the latest Legal Advisers League Table by GlobalData, a leading data and analytics company. GlobalData’s Financial Deals Database reveals that Latham […]
Defense supply chains most targeted and vulnerable point of access for cyberattacks, says GlobalData
Cybersecurity has become a key issue to consider for all sectors in the wake of the growing connectivity between physical and digital systems. The sensitive nature of defense data and the consequential national security concerns elevate the importance of data security for defense manufacturers. Suppliers in the chain often work with multiple companies. This makes […]
Twitter influencers positive on Amazon acquisition of US primary care provider One Medical, reveals GlobalData
Online retail giant Amazon.com, Inc (Amazon) has agreed to acquire US primary healthcare provider One Medical for $3.9 billion. Against this backdrop, Twitter influencer conversations around Amazon have witnessed a spike in the third week of July, reveals the Social Media Analytics Platform of GlobalData, a leading data and analytics company. Smitarani Tripathy, Social Media […]
Startup VC funding in India up by 4.5% YoY in H1 2022 even as China loses steam, finds GlobalData
At a time when the startup ecosystem in China is losing steam, Indian startups seem to be gaining investors’ confidence. India witnessed a whopping 39% year-on-year (YoY) growth in venture capital (VC) funding deal volume to 976 during the first half (H1) of 2022. The corresponding disclosed funding value too clocked a 4.5% rise to […]
FDA approval of deep brain stimulators for treatment-resistant depression will drive APAC market, says GlobalData
Deep brain stimulators (DBS) are traditionally used for the treatment of advanced neurological diseases such as Parkinson’s and Tremors. Abbott has recently received the US Food and Drug Administration nod to use its DBS device for treatment-resistant depression (TRD). This provides an opportunity for the company to expand the use of these devices and gain […]