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Australia’s credit and charge card payments market continues to demonstrate resilience and growth, underpinned by rising consumer spending, robust payment infrastructure, and an expanding e-commerce landscape. Enhanced by value-added incentives such as cashback offers, flexible repayment options, and installment facilities, the market is set to maintain an upward trajectory, reaching AUD453.9 billion ($299.7 billion) in […]
Oil and gas companies add renewable fuels to low-carbon portfolio, says GlobalData
The global energy landscape is steadily moving toward cleaner sources, with a gradual decline in fossil fuel dependence. The share of fossil fuels in the world’s energy mix has declined from 82% in 2022 to 81.5% in 2023, indicating a gradual shift. This transition is driven by the need to cut greenhouse gas emissions and combat global […]
India VC funding deal volume and value up by 14% and 12% YoY in Q1 2025, finds GlobalData
India has emerged as a beacon of resilience and growth for venture capital (VC) activity, showcasing a notable year-on-year (YoY) increase in both deal volume and value in the first quarter (Q1) of 2025. India recorded around 14% growth in the number of VC deal announcements during Q1 2025 compared to the same period in […]
US diagnostic imaging market faces tariff-driven supply chain and capital risks, reveals GlobalData
The US diagnostic imaging (DI) market is facing growing pressure as new US tariffs raise procurement risks and threaten supply chains. With high-value systems like computed tomography (CT) and magnetic resonance imaging (MRI) heavily reliant on global production, hospitals may delay capital spending amid uncertainty. Although domestic manufacturing offers some short-term protection, extended trade tensions […]
Saudi Arabia card payments to surpass $160 billion in 2025 amid digital shift and policy push, forecasts GlobalData
Saudi Arabia’s card payments market is projected to reach SAR615.5 billion ($164.1 billion) in 2025, driven by a growing shift toward digital transactions and declining cash usage. Strong government support, improved payment infrastructure, and increasing consumer preference for contactless and electronic payments are accelerating this transition, reinforcing the Kingdom’s broader goals of financial inclusion and […]
China VC funding value down by more than 50% YoY in Q1 2025, finds GlobalData
The venture capital (VC) funding landscape in China has experienced a notable contraction in the first quarter (Q1) of 2025 wherein deal volume and value have both seen significant declines compared to the same period in previous year. China recorded a year-on-year (YoY) decrease of around 18% in VC deal volume in Q1 2025. The […]
Biopharma venture financing declines 20.2% YoY in Q1 2025 amid persistent investor caution, reveals GlobalData
Biopharmaceutical drug company venture financing witnessed a year-on-year (YoY) 20.2% downturn from $8.1 billion during the first quarter (Q1) of 2024 to $6.5 billion in Q1 2025. This suggests that the biopharmaceutical venture financing environment remains challenging, mirroring a similar downturn seen in 2022 and 2023, with investors continuing to favor later-stage companies with clinical […]
Kubernetes complexity drives surge in demand for enhanced observability tools, says GlobalData
As Kubernetes deployments become more complex, enterprises are intensifying their search for streamlined observability tools to support application modernization efforts. The growing volume of containerized workloads is driving up demand for greater visibility across DevOps teams. In response, the industry is delivering next-generation solutions, featuring intuitive dashboards, AI-driven insights, and open-source innovations to help reduce […]
Shionogi’s cefiderocol shows improved outcomes with early use in treating gram-negative infections, reports GlobalData
Japan-based Shionogi has shared new real-world evidence showing its antibiotic cefiderocol leads to better outcomes when used early to treat serious gram-negative bacterial infections. Presented at European Society of Clinical Microbiology and Infectious Diseases (ESCMID) Global 2025 conference in Vienna, the Retrospective Cefiderocol Chart Review (PROVE) study found that earlier use of cefiderocol, rather than […]
UAE card payments to surpass $150 billion in 2025 amid push for cashless economy, forecasts GlobalData
The UAE’s card payments market is set to grow by 10.6% in 2025 to AED565.5 billion ($154 billion), reflecting a clear shift towards electronic payments. Driven by rising consumer preference for digital transactions and strong government support for financial inclusion, this trend signals the country’s steady move towards a cashless economy amid broader digital transformation […]
China high-net worth prioritize cash amid safe-haven shift, reveals GlobalData
High-net-worth (HNW) investors in China prioritized safety in 2024, channeling a significant share of their portfolios into cash, near-cash products, and bonds amid escalating geopolitical tensions and market uncertainty. With nearly 27% of wealth parked in low-risk assets to stay ready for future opportunities, this cautious stance opens the door for private wealth managers to […]
White & Case and Kirkland & Ellis top M&A legal advisers in power sector during Q1 2025, reveals GlobalData
White & Case and Kirkland & Ellis were the top mergers and acquisitions (M&A) legal advisers in the power sector during the first quarter (Q1) of 2025 by value and volume, respectively, according to the latest legal advisers league table by GlobalData, a leading data and analytics company. An analysis of GlobalData’s Deals Database reveals […]
JP Morgan top M&A financial adviser in power sector during Q1 2025, reveals GlobalData
JP Morgan was the top mergers and acquisitions (M&A) financial adviser in the power sector during the first quarter (Q1) of 2025 by both value and volume, according to the latest financial advisers league table by GlobalData, a leading data and analytics company. An analysis of GlobalData’s Deals Database reveals that JP Morgan achieved the […]
Global transformers market to reach $89.34 billion in 2030, led by Asia-Pacific, forecasts GlobalData
The global transformers market is on a strong growth trajectory, projected to reach $89.34 billion in 2030, driven by rising electricity demand, renewable integration, and grid modernization. The Asia-Pacific (APAC) region is set to lead the charge with robust investments, while the Europe, Middle East, and Africa (EMEA) region is poised to grow fastest, fueled […]
Bank of America top M&A financial adviser in construction sector during Q1 2025, reveals GlobalData
Bank of America was the top mergers and acquisitions (M&A) financial adviser in the construction sector during the first quarter (Q1) of 2025 by value as well as volume, according to the latest financial advisers league table by GlobalData, a leading data and analytics company. An analysis of GlobalData’s Deals Database reveals that Bank of […]
Global divide emerges among physicians over patient choice in biologics vs. biosimilars, reveals GlobalData
Physician attitudes toward patient choice between the use of biologics and biosimilars vary widely across global markets, revealing deep-rooted cultural and systemic differences. While nearly half of (49%) physicians support patient involvement in treatment decisions, enthusiasm ranges from strong backing in China to notable skepticism in Germany and France—underscoring the growing but uneven shift toward […]
Davis Polk & Wardwell and Kirkland & Ellis top M&A legal advisers in retail sector during Q1 2025, reveals GlobalData
Davis Polk & Wardwell and Kirkland & Ellis were the top mergers and acquisitions (M&A) legal advisers in the retail sector during the first quarter (Q1) of 2025 by value and volume, respectively, according to the latest legal advisers league table by GlobalData, a leading data and analytics company. An analysis of GlobalData’s Deals Database […]
JP Morgan and UBS top M&A financial advisers in retail sector during Q1 2025, reveals GlobalData
JP Morgan and UBS were the top mergers and acquisitions (M&A) financial advisers in the retail sector during the first quarter (Q1) of 2025 by value and volume, respectively, according to the latest financial advisers league table by GlobalData, a leading data and analytics company. An analysis of GlobalData’s Deals Database reveals that JP Morgan […]
Wachtell, Lipton, Rosen & Katz and Paul, Weiss, Rifkind, Wharton & Garrison top M&A legal advisers in construction sector during Q1 2025, reveals GlobalData
Wachtell, Lipton, Rosen & Katz and Paul, Weiss, Rifkind, Wharton & Garrison were the top mergers and acquisitions (M&A) legal advisers in the construction sector during the first quarter (Q1) of 2025 by value and volume, respectively, according to the latest legal advisers league table by GlobalData, a leading data and analytics company. An analysis […]
Trump’s semiconductor tariffs threaten to affect US medical device industry growth, says GlobalData
Donald Trump’s proposed semiconductor tariffs could pose a serious threat to the growth of the US medical device industry, as over half of all devices depend on semiconductors (chips) to operate. With global supply chains under strain and costs rising, especially from Taiwan-based suppliers, the healthcare sector faces looming price increases that may hinder accessibility […]