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The concept of sports washing is gaining prominence, particularly as Middle Eastern nations such as the UAE, Qatar, and Saudi Arabia have made their presence felt in the realm of sports. This strategy involves exploiting the widespread popularity of sports to bolster a country’s image, often overshadowing concerns like human rights abuses and gender disparities. […]
VinFast soaring Nasdaq debut reflects strong fundamentals and global EV optimism, says GlobalData
Following the news that the shares of VinFast, a Vietnamese-founded electric vehicle (EV) company headquartered in Singapore, soared in trading in their Nasdaq debut; Benher Gracio, Business Fundamentals Analyst at GlobalData, a leading data and analytics company, offers his view: “VinFast’s robust entry into the Nasdaq trading arena comes as no shock, considering its solid […]
India sterilization equipment market to reach $170 million in 2033, forecasts GlobalData
Amidst the COVID-19 pandemic, India’s sterilization market witnessed a remarkable transformation, where sterilization devices emerged as unwavering defenders of healthcare, safeguarding countless lives. As the demand for sterilization methods continue to increase owing to the growing awareness of disinfection and sterilization among healthcare personnel and general population, the sterilization equipment market in India is expected […]
Diagnosed prevalent cases of Crohn’s disease to surpass 1.6 million in 2032 across 8MM, forecasts GlobalData
The diagnosed prevalent cases of Crohn’s disease (CD) in the eight major markets (*8MM) are projected to increase from 1.63 million in 2022 to 1.69 million in 2032, equating to an annual growth rate (AGR) of 0.42%, forecasts GlobalData, a leading data and analytics company. Crohn’s disease is a type of inflammatory bowel disease (IBD) […]
Global VC funding activity downward trend in H1 2023 spans across early to late-stage rounds, reveals GlobalData
In the dynamic realm of the venture capital (VC) landscape, there is a 32.3% year-on-year (YoY) decline in the number of funding deals with disclosed funding rounds from 9,118 to 6,174 during the first half (H1) of 2023, echoing the challenges faced by startups across funding stages. This trend, spanning both early and late-stage rounds, […]
Prospects to win concessions on EU pharmaceutical legislation overhaul strengthened, says GlobalData
The potential for German Chancellor Olaf Scholz’s government to secure pro-pharmaceutical industry concessions related to the proposed overhaul of EU pharmaceutical legislation may have received a significant boost. A recent report from the German Federal Ministry of Health has raised substantial concerns regarding critical elements of the reform strategy, further underscoring the need for careful […]
China deflation concerns spark influencer discussions on X Corp, reveals GlobalData
Amidst the global economic landscape, surging inflation continues to loom large over major economies. However, a contrasting narrative emerges as China, the world’s second-largest economy, grapples with contraction in both consumer and producer prices. This intriguing development has ignited discussions on “Deflation,” echoing through X Corp (X), formerly Twitter Inc, platform during the second week […]
China real estate turmoil casts shadows on economic growth amidst deflation worries, says GlobalData
Following the news that the Chinese property giant Country Garden expects a historic net loss in H1 2023; Ramnivas Mundada, Director of Companies and Economic Research at GlobalData, a leading data and analytics company, offers his view: “The turmoil in China’s real estate sector, characterized by substantial losses experienced by major property developers, has triggered […]
UK Electoral Commission cyberattack raises questions about effectiveness of cyber-governance, says GlobalData
Following the news that the UK Electoral Commission suffered a cyber breach, David Bicknell, Principal Analyst, Thematic Intelligence at GlobalData, offers his view: “This is a highly disturbing breach that raises many questions about the cyber governance of the UK’s independent and public bodies and the technical advice they are given. This suggests cybersecurity was […]
Shanghai Junshi renal cell carcinoma drug toripalimab to get first-mover advantage in China PD-1 market, says GlobalData
Shanghai Junshi Biosciences supplemental new drug application (sNDA) for toripalimab, the company’s anti-PD-1 monoclonal antibody, in combination with axitinib for the first-line treatment of patients with unresectable or metastatic renal cell carcinoma (RCC), has been accepted by the National Medical Products Administration (NMPA). Following the approval, the drug is expected to get a first-mover advantage […]
GlobalData observes absence of billion-dollar VC deals in APAC during H1 2023 amidst evolving trends
Amidst a backdrop of market volatility, changing investor sentiments, and sector-specific nuances, the Asia-Pacific (APAC) venture capital (VC) investment ecosystem witnessed a unique trend during the first half (H1) of 2023. During this period, deals of all funding sizes declined, whereas billion-dollar deals remained notably absent, signaling a strategic shift in the investment dynamics of […]
France navigates energy challenges to improve 2023 economic growth forecast, says GlobalData
France avoided an energy supply crisis, benefiting from a mild winter, energy-saving efforts, and European measures that eased energy prices. Consequently, the country’s projected economic growth rate was adjusted to 0.6% in July 2023, a significant improvement from the contraction forecast in December 2022. Nevertheless, the projected growth remains considerably slower than the 2.5% achieved […]
Asia-Pacific to spearhead global economic growth in 2023, reveals GlobalData
The global economic growth is poised to gain momentum in 2023 due to easing inflation pressures in food and energy sectors, the gradual revival of European nations, strong growth potential in the Asia-Pacific (APAC) region, and North America’s resilient labor market. As economies move through diverse business cycle stages, regional disparities may emerge. Nevertheless, APAC […]
Zurzuvae provides breakthrough for postpartum depression but misses out on larger MDD patient population, says GlobalData
Following the news that the FDA granted approval for Sage Therapeutics and Biogen’s novel antidepressant Zurzuvae (zuranolone) for the treatment of postpartum depression (PPD) but rejected the drug for the treatment of major depressive disorder (MDD), issuing a complete response letter (CRL); Philippa Salter, Senior Neurology Analyst at GlobalData, offers her view: “Zurzuvae is a […]
Big Data, Cloud, AI top themes with most job postings, reveals GlobalData Job Analytics Trends & Signals Q2 2023 Report
Job postings decline by over 15% YoY in Q2 2023 Key tech themes with most job postings include Big Data, Cloud, and AI Abbott, Black & Veatch, and Robert Bosch among the top recruiters The second quarter (Q2) of 2023 saw many companies across the globe announcing layoffs amidst a continuous decline in job postings. […]
Tesla leads Twitter conversations among top 10 automotive firms in H1 2023, reveals GlobalData Social Media Analytics
Tesla Inc. has emerged as the top company with 22% share of voice among the top 10 most mentioned automotive companies on Twitter during the first half (H1) of 2023, reveals the Social Media Analytics Platform of GlobalData, a leading data and analytics company. The remaining nine most mentioned automotive companies during H1 2023 were Ford […]
Dyslipidemia market to grow to $15.53 billion in 2032 across 7MM, forecasts GlobalData
The dyslipidemia market across the seven major markets (7MM: the US, France, Germany, Italy, Spain, the UK and Japan) is forecast to increase at a compound annual growth rate (CAGR) of 10.8% from $5.56 billion in 2022 to $15.53 billion in 2032, driven by the launch of therapies with promising efficacies and new mechanism of […]
Investor risk eases in Europe during Q1 2023, but challenges remain, reports GlobalData
Despite global challenges, the European economy shows resilience, driven by lower energy prices, reduced supply constraints, improved consumer sentiment, and a strong labor market. During the first quarter (Q1) of 2023, the EU expanded by 0.1% on a quarterly basis following a contraction of 0.2% in the fourth quarter (Q4) of 2022. Based on all […]
Alternative payments account for nearly 40% of e-Commerce transactions in Singapore, reveals GlobalData
Alternative payment methods such as mobile and digital wallets are being widely used in the e-Commerce space in Singapore, accounting for 38.6% of the payments made on the online payments in 2023, reveals GlobalData, a leading data and analytics company. GlobalData’s e-Commerce Analytics reveals that Singapore’s e-Commerce market grew by 16.9% in 2022 to reach […]
North America companies dominate Forbes 2000 list with $19.3 trillion revenue in 2023, reveals GlobalData
Companies headquartered across the North America region accounted for 38% ($19.3 trillion) of the total aggregate revenue ($50.8 trillion) of the companies featured in the Forbes 2000 list in 2023, according to a study by GlobalData, a leading data and analytics company, revealed. The analysis of 2023 Forbes list by GlobalData has revealed interesting facts. […]