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Portugal’s general insurance industry is projected to grow from €5.28bn (US$6.03bn) in 2020 to €6.68bn (US$8.35bn) in 2025 in terms of gross written premiums (GWP), according to GlobalData, a leading data and analytics company. As per the latest data from GlobalData, the general insurance industry in Portugal is projected to grow at a compound annual […]
Global food security must be part of the COP26 conversation
Food security is a vital factor to consider in the climate crisis narrative, and one that should be prioritised during the COP26 summit, says GlobalData. The leading data and analytics company notes that, following UN General Secretary António Guterres’ opening speech on how extreme weather is unproportionally impacting many developing nations, it is imperative that […]
Cancelled sponsorship contracts to cost Yorkshire County Cricket Club upwards of $400,000 a year
Following the news that several sponsors are to null their contracts with Yorkshire County Cricket Club (CCC) following the fallout from the Azeem Rafiq racism scandal; Patrick Kinch, Sport Analyst at GlobalData, a leading analytics and data company, offers his view: “The news that Yorkshire’s stadium title sponsor, Emerald, will cancel its naming rights contract […]
The ‘climatarian’ marks next dietary trend in wake of COP26
The ‘climatarian’ diet, which is built upon reduced meat consumption, and, ideally, the adoption of a plant-based diet, has gained increasing attention as global warming continues to dominate the headlines. Research from GlobalData, a leading data and analytics company, reveals that the global plant-based meat alternatives sector grew at a compound annual growth rate (CAGR) […]
Specific strategies are largely absent in US and EU’s Global Methane Pledge
In an announcement made at COP26, the US and EU jointly kicked off the Global Methane Pledge, which aims to reduce methane emissions by 30% by 2030, and over 100 countries have joined the initiative; Miles Weinstein, Energy Transition Analyst at GlobalData, a leading data and analytics company, offers his view: “In total, the participating […]
Space Perspective planning to offer world’s first luxury spaceflight experience as ‘space balloon tourism’ is set to take off
Virgin Galactic and Blue Origin have made sub-orbital space travel a reality for those travel adventurers and space explorers with the desire and disposable income to pay up to $450,000 for a ticket. Both of these companies have demonstrated that space tourism is a potentially massive market and, whilst not without risk, can be accomplished […]
UK SMEs recognize an insurers sustainability credentials but value price and reputation more
An insurer’s record on sustainability is important to small and medium sized enterprises (SMEs), but it is the least important factor when it comes to choosing one, according to GlobalData. The leading data and analytics company’s 2021 UK SME Insurance Survey found that, while a high proportion of SMEs rank sustainability as being important to […]
Bank of America and Goldman Sachs were top M&A financial advisers by value and volume in automotive sector for Q1-Q3 2021
Bank of America and Goldman Sachs have been found by GlobalData to be the top mergers and acquisitions (M&A) financial advisers in the automotive sector for Q1-Q3 2021 by value and volume, respectively. The leading data and analytics company’s Financial Deals Database reveals that Bank of America advised on seven deals worth $15.4bn – the […]
McDonald’s ‘three D’s’ strategy helped it beat Q3 sales estimates
Following today’s news that McDonald’s has reportedly beaten its Q3 sales estimates; Carmen Bryan, Consumer Analyst at GlobalData, a leading data and analytics company, offers her view: “McDonald’s has demonstrated a winning strategy during this challenging period. By focusing on digital, delivery and drive-thru – neatly dubbed as the ‘three D’s’ – the company has […]
Jefferies and Rothschild & Co were top M&A financial advisers by value and volume in retail sector for Q1-Q3 2021
Jefferies and Rothschild & Co were the top mergers and acquisitions (M&A) financial advisers in the retail sector for Q1-Q3 2021 by value and volume, respectively. Jefferies advised on 14 deals worth $31.1bn, which was the highest value among all the advisers. Meanwhile, Rothschild & Co led in volume terms having advised on 18 deals […]
Ashurst and Latham & Watkins were top M&A legal advisers by value and volume in retail sector for Q1-Q3 2021
Ashurst and Latham & Watkins were the top mergers and acquisitions (M&A) legal advisers in the retail sector for Q1-Q3 2021 by value and volume, respectively. Ashurst advised on four deals worth $27bn, which was the highest value among all the firms. Meanwhile, Latham & Watkins led in volume terms having advised on 15 deals […]
Thermal power to comprise 46.1% of Czech Republic energy mix by 2030 making the transition to renewable power and it’s GHG emissions targets difficult to achieve
The Czech Republic has ambitious plans to phase out coal and transition to more renewable power by 2030, however the country seems to have no clear roadmap to achieve this goal. Thermal power holds a significant share in the country’s current generation mix and is still expected to comprise 46.1% of total power generation by […]
Creation of mobile health program offers hope to the 16.1% of US population expected to be diagnosed with Parkinson’s disease by 2030
Mobile health applications have been increasingly popular since the beginning of the COVID-19 pandemic helping patients stay up-to-date on their health remotely, while also ensuring that healthcare organizations are not overstretched. A number of applications have gained popularity over this period in various parts of the healthcare field, such as the use of video applications […]
European travelers to drive Gulf tourism recovery with arrivals expected to reach 13.3 million by 2024
European travelers are set to become a key source market for the Gulf region, especially Gulf Cooperation Council (GCC) countries, which will help their post pandemic tourist industry recovery. Countries in the GCC include the United Arab Emirates, Saudi Arabia, Qatar, Oman, Kuwait and Bahrain and they all offer a good range of flight options […]
Airbus investment shows diversity of growing ESG market
Following recent news that Airbus has completed two 18-day long flights of its solar-powered aircraft, named Zephyr; William Davies, Associate Analyst at GlobalData, a leading data and analytics company, offers his view: “In recent years there has been increasing pressure to pursue sustainable aviation solutions, with companies in the aerospace sector currently facing political and […]
Angolan crude production expected to continue decline but marketed gas reaches record high of 720mmcfd in 2021
Angola’s crude oil production has seen a drastic decline of almost 30% in just six years, from 1.7 million barrels per day (mmbd) in 2015 to just shy of 1.2mmbd in 2021, according to GlobalData. The leading data and analytics company now expects further decline for the country through to 2025, which is forecast to […]
Endometriosis in Hollywood: Amy Schumer’s surgery highlights need for novel therapies
Endometriosis has gained attention in the past several years with celebrities getting candid about their struggles. In September, comedian and actress Amy Schumer shared that she had both her uterus and appendix removed due to endometriosis. Unfortunately, the symptoms of endometriosis are non-specific, varying from case to case and overlapping with other diseases such as […]
Cravath Swaine & Moore and CMS were top M&A legal advisers by value and volume in Europe for Q1 2021
Cravath Swaine & Moore and CMS were the top mergers and acquisitions (M&A) legal advisers in Europe for Q1 2021 by value and volume, respectively. Cravath Swaine & Moore advised on eight deals worth US$55.4bn, which was the highest value among all the advisers. Meanwhile, CMS led in volume terms having advised on 64 deals […]
Immuno-Oncology the most transformative treatment since chemotherapy is set to benefit more patients
Immuno-oncology (IO) agents, particularly immune checkpoint inhibitors (ICIs) and CAR-T cell therapies, have extended the survival of patients in many cancer types and current investigational approaches in the industry and academia will lead to even further clinical improvement, says GlobalData, a leading data and analytics company. The company’s latest report, ‘Immuno-Oncology – Market Analysis, Trends, […]
Healthcare policy and legislation shows promise of changes under Biden’s administration
While the US has excelled in vaccine development, its distribution and administration efforts did not go according to plan due to the dependence on states. The Biden administration has enacted a COVID-19 plan that includes an investment of $25bn in vaccine manufacturing and distribution. It is uncertain what the future holds for the US healthcare […]