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Tourism being a major contributor to the GDP of several countries, the governments are taking various measures to revive the industry’s business from the impact...
Following the news that cases of COVID-19 due to the Delta variant in the UK have increased, despite record numbers of people being vaccinated; Emily Martyn,...
Since COVID-19 was officially declared a pandemic by the World Health Organization (WHO), the peak in total number of clinical trials for the virus was...
The South Korean soups market is projected to grow at a compound annual growth rate (CAGR) of 5.7% from KRW108.2bn (US$92.5m) in 2020 to KRW142.7bn...
India could reach approximately 1.4 million new daily COVID-19 cases by May 24, if current transmission risk is not reduced further, according to a two-week...
The global orthopedic market has lost over $4.8bn in revenue since the outbreak of COVID-19. The market was worth over $48.4bn prior to COVID-19, with...
Pfizer/BioNTech’s Comirnaty (tozinameran) is forecast to have peak sales of $24.8bn by 2021, which is only its second year on the market. This is a...
The approval of a Food and Drug Administration (FDA) emergency use authorization (EUA) for AstraZeneca’s COVID-19 vaccine AZD1222 will boost confidence and use of the...
Singapore-based ride hailing giant Grab has announced a Nasdaq listing via a merger with California-based special-purpose acquisition company (SPAC) Altimeter Growth Corp. The company will...
Following the news that the European Medicines Agency (EMA) has confirmed a possible link between very rare cases of unusual blood clots after vaccination with...
Novavax’s investigational COVID-19 vaccine, NVX-CoV2373, is forecast to have $33.3bn total sales for 2021–2027 and to be the second-leading vaccine candidate by peak forecast sales...
The Asia-Pacific (APAC) region saw a 3.9% month-on-month growth in deal activity (mergers & acquisitions, private equity and venture financing deals) from 1,126 deals to...
Roche recently announced that its product, Evrysdi (risdiplam), which was approved by the US Food and Drug Administration (FDA) in August 2020, was recommended for...
Following the news of President Biden’s announcement that the US will have enough COVID-19 vaccine supply for all US-Americans by the end of May; Philipp Rosenbaum,...
The number of clinical trials disrupted by the COVID-19 pandemic continues to increase into 2021, although the degree of disruption varies depending on the therapy area, says GlobalData, a leading data and analytics company. Scotty Chung-Siu, MPH, Senior Analyst at...
Following the news from Israel that Pfizer and BioNTech’s COVID-19 vaccine reduced symptomatic SARS-CoV-2 by 94% and severe COVID-19 by 92%; Philipp Rosenbaum, PhD, Senior Infectious Diseases Analyst at GlobalData, a leading data and analytics company,...
COVID-19 cases and deaths in the UK have finally started to decrease after the country entered into the third national lockdown at the beginning of January. As the UK looks to re-open its economy, monitoring age-specific rates is vital to prevent a further...
Experts estimate that achieving herd immunity to COVID-19 will required upwards of 70–90% of the population to have immunity. While vaccine efficacy for Moderna’s mRNA-1273...
With Joe Biden ascending to the presidency with a Democrat-controlled Congress, COVID-19 is expected to take center stage in this administration. Biden unveiled a $1.9 trillion stimulus package aimed at supporting vaccine distribution efforts, as...
Brain inflammation and mini-strokes observed in COVID-19 patients may place them at increased risk of developing Alzheimer’s disease (AD) and other types of dementia. For COVID-19 survivors, adverse cognitive outcomes may be long term and result in lower quality of life and disability, particularly among severe cases, says...
Since June 2020, the number of total disrupted trials has been falling slowly; however, this has leveled off in October 2020. Despite this, the number of clinical trials that have resumed continues to rise. The majority...
There has been a 639% increase in the number of COVID-19 clinical trials worldwide, from 549 COVID-19 clinical trials in early April 2020 to over...
The total revenue of mobile communications services market in the Asia-Pacific (APAC) region is expected to grow at a compounded annual growth rate (CAGR) of...
Despite seriously affecting the ability to carry out clinical research, COVID-19 is also proving to be a catalyst that may transform the drug development process, with technological innovations taking center stage in driving this...
The rapid advancement of mRNA vaccine development in recent months - in an attempt to halt the COVID-19 pandemic - is expected to continue to...
Israel is currently on track to be the first country in the world to inoculate its entire population. This could provide a gold standard for...
Governments need to place more focus on South Africa’s COVID-19 variant, 501.V2, as it is now considered more infectious than the UK variant based on...
With rising demand for goods and services and revival of key economic sectors amid the declining rates of COVID-19 cases, India’s GDP growth rate is...
On the heels of the highest single-day death total in the UK, the need for speed in the mass vaccination program against COVID-19 has become...
Following the news that the incoming Biden administration promises $20 billion for a national vaccination program, Philipp Rosenbaum, PhD, Senior Infectious Diseases Analyst at GlobalData,...
Uruguay’s smaller overall population and low population density have allowed the country to keep its positive COVID-19 test rate under 2% since June, despite a...
Following Quidel’s third Food and Drug Administration’s (FDA) emergency use authorization (EUA) of a COVID-19 antigen test; Dara Lo, Medical Device Analyst at GlobalData, a leading...
There are eight mRNA COVID-19 vaccine candidates currently in Phase II or Phase III clinical trials. These vaccines are faster to develop than traditional vaccine...
Following Slovakia’s national testing program from 31 October – 1 November, where two-thirds of the population were tested and the number of new daily cases dropped substantially, Slovakia was applauded for its efforts and held...
With Pfizer/BioNTech’s COVID-19 vaccine becoming the first mRNA vaccine in the world to receive emergency use approval by the UK’s Medicines & Healthcare Products Regulatory Agency (MHRA), the race is on for other bio/pharma companies with COVID-19 candidates to...
Following Prime Minister Justin Trudeau’s announcement of Canada’s vaccination schedules; James Spencer, Pharma Analyst at GlobalData, a leading data and analytics company, offers his view: “With the...
Following recent news that the UK will become one of the first countries in the Western world to authorize a COVID-19 vaccine; Urte Jakimaviciute, Senior Director...
Following the news that Pfizer/BioNTech’s COVID-19 vaccine BNT162b2 received emergency use approval from UK health authorities; Philipp Rosenbaum, PhD, Senior Infectious Diseases Analyst at GlobalData, a...
If the current trend in US COVID-19 cases continue, over 30% of the US population will have contracted the virus by July 2021, according...
Following the Food and Drug Administration’s (FDA) authorization of the first rapid at-home COVID-19 self-testing kit; Dara Lo, Medical Device Analyst at GlobalData, a leading data and analytics...
Vaccine developers are selecting contract manufacturing organizations (CMOs) close to home for their COVID-19 vaccine, as the US, UK and Germany are the most popular...
The life insurance gross written premiums in Singapore are projected to grow from S$38.7bn in 2019 to S$43.5bn in 2024, according to GlobalData, a leading...
Several countries globally are now going through a second wave of COVID-19 infection. India is ranked second in terms of the confirmed COVID-19 cases globally....
E-commerce sales have been on a consistent growth trajectory for the last few years in Taiwan. The ongoing COVID-19 pandemic and the subsequent social distancing...
COVID-19 is driving many small pharma companies that do not have the expertise or funds to run their own manufacturing facilities to outsource production. COVID-19...
The COVID-19 pandemic, US-China trade war and broader economic uncertainty, which had already slowed organic growth, continue to affect the deal landscape of the Asia-Pacific...
The general insurance industry in Vietnam is forecasted to grow at 3.4% in 2020, compared to the 13.6% growth registered in 2019, according to GlobalData,...
Increasing expenditure by the emerging economies on security infrastructure is expected to boost the messaging security market in the Asia-Pacific (APAC) region to US$1.5bn in...
Following the news that Moderna has announced its COVID-19 vaccine, mRNA-1273, is 94.5% effective in first interim data readout; Michael Breen, PhD, Director of Infectious Diseases...
Smart glasses shipments are likely to have a muted adoption in 2020, owing to the COVID-19 pandemic. However, the enterprises in the Asia-Pacific (APAC) region...
While there has been a recent increase in daily confirmed cases in Europe, coinciding with the start of the autumn and winter weather, there is...
India has a well-developed instant payment infrastructure. Immediate Payment Service (IMPS) was launched in 2010 followed by Unified Payments Interface (UPI) in 2016. While the...
Countries across the Asia-Pacific (APAC) region are implementing smart city technologies such as smart surveillance along with data hub system for advanced contact tracing of...
Social distancing has become crucial in preventing the spread of contagious illnesses. Against this backdrop, advanced smart COVID-19 features such as social distancing sensors, sanitization...
Following the news that Pfizer and BioNTech have announced their COVID-19 vaccine is more than 90% effective in first interim data readout; Philipp Rosenbaum, PhD, Senior Infectious Diseases Analyst at GlobalData, a leading data and analytics company, offers...
A significant proportion of vaccine developers are smaller companies that lack the capacity and funds to manufacture their vaccines in-house. However, there is also simply not enough contract manufacturing capacity worldwide to cope with commercial COVID-19 vaccine demand,...
New York City has reported a significant rise in the number of COVID-19 cases for the first time since mid-June, prompting fears of a resurgence...
The number of orthopedic procedures performed in Australia are expected to decline in 2020 compared to 2019 due to the COVID-19. However, the outlook for...
As more nations are re-enforcing lockdown measures due to a globally rising number of COVID-19 cases, especially in Western countries such as the US and...
Following the news that China-based electric vehicle (EV) maker BYD plans to launch new EV model and manufacturing platform next year; Bakar Sadik Agwan, Senior Automotive...
Having been fairly resilient against the COVID-19 crisis in 2020, pay-TV services market in the Philippines will see its revenue increase from US$451.1m in 2020...
Following the news that Uber plans to launch services in more cities and expand its Auto and Moto offerings across existing markets in India; Animesh Kumar,...
The fixed communications services market in the Philippines will remain fairly resilient against the COVID-19 crisis in 2020 and its revenue is poised increase at...
With the US having recorded over 8 million cases of COVID-19, many people consider a vaccine to be a potential panacea to the litany of issues that COVID-19 has presented...
The breakfast cereals category is expected to grow in 2020, as volumes and values exceed the predicted growth for the year. Annual breakfast cereal sales valued US$10.8bn in the US in 2019, and this was previously expected to increase to US$10.9bn in 2020. Following COVID-19-related disruptions, the projected figure for 2020 is now closer to US$12.1bn, an increase of 12%. By comparison,...
Healthcare is one of the main segments of the 3M Company (3M), which stepped up the global output of its respirator mask production to two...
Mobile wallet adoption is gradually displacing traditional payments such as cash and cards in India. This has become even more prevalent during the current COVID-19...
Following the news that the US is turning towards COVID-19 antigen tests to control the second wave, which can be performed in a doctor’s office at the...
COVID-19 pandemic has hit the Indonesian payment market as consumers are staying away from non-essential purchases and as a result, card payments value will register...
Pharma companies across the globe are working to develop a vaccine against COVID-19, which has already infected more than 38 million globally. Against this backdrop,...
One of the most important topics for the upcoming presidential election in the US will be the next government’s response to the COVID-19 pandemic. COVID-19 testing started late...
With the world still grappling with the COVID-19-induced economic recession, the UK and the EU have another challenge to face - Brexit. Both sides will lose out economically...
Following reports that COVID-19 may cause lingering heart damage; Vinie Varkey, M.Sc, Senior Pharma Analyst at GlobalData, a leading data and analytics company, offers her view:...
The total number of trials disrupted by COVID-19 since June has been falling slowly, while trials impacted by slow enrollment continue to increase. For trials...
Lack of adequate healthcare infrastructure and dependency on other countries for medical supplies made it difficult for Indonesia to tackle the COVID-19 pandemic effectively. The...
To provide relief to patients undergoing orthopedic surgery requiring knee implants, the National Pharmaceutical Pricing Authority (NPPA) extended the timeline of price cap on these...
In an attempt to revive the COVID-19 hit economy by creating new business and employment opportunities, Singapore has pledged to continue investing in innovation and...
Many surgical procedures have been postponed during 2020 due to COVID-19. This will lead to over 11% loss of revenue from urinary tract stents in...
Pharma companies around the world are exploring innovative approaches to develop therapeutics and vaccines against COVID-19. One of these innovations is using a nasal spray...
Prior to the COVID-19 outbreak, Belgium’s construction industry was expected to grow by 3.1% in 2020. However, with the emergence of the pandemic and the...
COVID-19 lockdowns and an increase in working from home worldwide has limited the need to own private vehicles, which will cause more consumers to consider...
Ping An is one of few insurers, in particular one of few established insurance companies, that has provided a strong proactive response to the pandemic for...
Just over 60% of SME employers in the UK are concerned about staff contracting COVID-19, according to a survey by GlobalData, a leading data and...
Pets at Home expects full-year underlying pre-tax profit to exceed current market expectations, after revealing “double-digit LFL growth” through the eight weeks to 10 September...
Milk, the largest dairy category in China, is predicted to stand at US$26.9bn in 2020, US$1.6bn greater than the previously projected pre-COVID value. This translates...
Price comparison websites (PCWs) will become even more popular in insurance as consumers look for savings wherever possible as the UK economy officially enters recession,...
Insurers looking to target businesses with cyber insurance following a rise in attempted attacks during lockdown should focus on larger small and medium-sized enterprises (SMEs),...
Following today’s release of Joules Q1 figures for 2020/21, Emily Salter, Retail Analyst at GlobalData, a leading data and analytics company, comments: “Joules has proved its...
Following the Food and Drug Administration (FDA) revision of emergency use authorization (EUA) for Abbott point-of-care (POC) SARS-CoV-2 test, the Abbott ID NOW COVID-19 test; Dara...
COVID-19 has highlighted the importance of human contact to solve problems, as the telephone channels have seen a rise in use, according to GlobalData, a...
Shortages of personal protective equipment (PPE) amid the COVID-19 pandemic has forced medical professionals to reuse N95 masks. According to GlobalData, the COVID-19 outbreak led...
Following today’s release of Superdry FY figures for 2019/20, Chloe Collins, Senior Retail Analyst at GlobalData, a leading data and analytics company, comments: “Superdry’s woes were...
At the recent Morgan Stanley Annual Global Health Conference, major players presented on their financial situation amid the COVID-19 pandemic. The recovery for major medical...
The global light vehicle market is on track for a forecast recovery but remains well below pre-pandemic levels, according to the latest analysis by GlobalData,...
Following today’s release of John Lewis & Partners H1 figures for 2020/21, Sofie Willmott, Content Head of Apparel at GlobalData, a leading data and analytics...
A second spike of cases was seen in the UK at the start of August, and while the new daily cases are currently increasing at...
Following today’s release of Inditex H1 figures for 2020/21, Chloe Collins, Senior Retail Analyst at GlobalData, a leading data and analytics company, comments: “Despite being a star...
COVID-19 has triggered several liquidation and bankruptcy filings as top companies seem to have fallen into financial limbo. Poor financial management and slower digital transitions...
COVID-19 has impacted hiring across all industries globally according to the latest findings by GlobalData, a leading data and analytics company. While trends were positive...
Following the release of data from the Office for National Statistics (ONS) showing a strong increase in construction output in July; Moustafa Ali, Economist at GlobalData,...
Insurers around the world have endured an extremely tough 2020 due to the significant fallout from COVID-19, and they appear to face another unwelcome threat...
Key retail banking products such as residential mortgages and credit card spending are set to decline in Sweden over the coming months due to declining...
The spread of COVID-19 forced many providers in the travel insurance market to pause the sale of new policies and adapt their wording in order...
Global mining deal value, suffering from an unanticipated shock from the COVID-19 pandemic, fell by over US$18bn when compared to the first half of 2019...
Following the news that Scotland and Wales have imposed quarantine measures on arrivals from Portugal, while England has not; Johanna Bonhill-Smith, Travel & Tourism Analyst at...
Prolonged working from home can have an increasing strain on an employee’s mental health, as the loneliness of working remotely can lead to depression. Insurers...
A handful of travel insurers have started to offer COVID-19 PCR tests as an add-on to their policies as consumers begin to travel again. This...
While enterprise spending on most of the ICT solutions in Australia is set to decline in 2020 due to the COVID-19 crisis, communications and collaboration...
Mitsubishi Tanabe Pharma America (MTPA) announced that it has resumed patient screening and enrolment for its global Phase III clinical trial to assess the long-term...
At present, more than 200 prophylactic vaccines are in development for COVID-19. While promising candidates should be selected for diversity, the novel nature of SARS-CoV-2...
Insurers in the UK have temporarily withdrawn unemployment cover despite COVID-19 sparking high demand for income protection products as fears of job losses have mounted....
Employees empowered with new digital skills as COVID-19 accelerates greater collaboration between humans and technology Advances in mobile technologies and applications is driving a...
Following the news that France, Malta, the Netherlands, Gibraltar, Monaco, the Faroe Islands, Aruba and the Turks & Caicos will be added to the UK’s quarantine list; Ben Cordwell, Travel...
'Panic' buying extends to life insurance products in Australia as the number of Australians concerned about COVID-19 is on the rise again. However, trust in...
Japan is among the handful of countries that effectively controlled the COVID-19 pandemic with swift measures. A rise in consumer spending is expected with the...
China has emerged as the first country globally to post positive economic growth during the COVID-19 pandemic. The country is also expected to witness continued...
Insurance has fared particularly poorly in terms of news sentiment since the start of the COVID-19 pandemic. While leading data and analytics company GlobalData has...
The COVID-19 pandemic has provided a boost for e-commerce as it has become the default option for many customers worldwide and it is set to...
India is making rapid progress in the development of indigenous COVID-19 vaccines. With increase in the number of COVID-19 positive cases, their success will make...
Following the news that Russia has approved the first COVID-19 vaccine; Philipp Rosenbaum, PhD, Senior Infectious Diseases Analyst at GlobalData, a leading data and analytics company,...
The Indian motor insurance business is expected to contract by 27.2% in 2020, a sharp decline from the 10.1% growth witnessed in 2019, according to...
The COVID-19 pandemic has accelerated Singapore's push to digital payments, with rise in card payments and decline in cash usage, according to GlobalData, a leading...
Business interruption claims will soar in the UK as a result of the COVID-19 lockdown. GlobalData’s revised post-COVID-19 forecasts general insurance DWP to decline by...
The impact of COVID-19 will amplify the application of open banking in Sweden and other markets, as can be seen by the new partnership between...
After a flat first quarter of 2020, the total value of mining deals - including mergers and acquisitions (M&A), capital raising and asset transactions -...
Regulatory bodies such as the National Pharmaceutical Pricing Authority (NPPA) and the Drug Controller General of India (DCGI) are keeping a close eye on remdesivir...
Following the news that separate households have been banned from meeting each other indoors in Greater Manchester, and parts of Lancashire and West Yorkshire following...
The COVID-19 pandemic led to a fall in electricity demand following authorities’ preference of electricity generation over renewable sources. This meant that coal-based generation saw an impressive contraction in its share...
Low value deals (investment <=US$10m) dominated the Asia-Pacific venture capital (VC) investment landscape with 67.4% share of the overall volume in the second quarter (Q2)...
Most of the enterprises cutting across industries in Malaysia are expected to witness a decline in their proposed ICT budgets for 2020 in the aftermath...
Bicycle insurance is not a popular product in the UK. Less than 1% of UK consumers have a bike insurance policy, according to GlobalData’s 2019...
Poland’s coal mining industry has been profoundly impacted by COVID-19. The country’s coal production is becoming less efficient as it imports cheaper coal from other...
Despite the negative impact of COVID-19, most of the enterprises in Hong Kong are expected to increase their share of ICT spending on digital transformation...
The Information & Communications Technology (ICT) market in the Philippines is set to continue to grow in 2020 driven by wider digital transformation initiatives taken...
Infectious disease drugs have overtaken oncology as the year’s top therapy area for contract service agreements (CSAs) as companies are shifting their current focus to...
Australia’s initial response to the novel coronavirus was among the most successful worldwide. However, a recent increase in daily confirmed cases since the start of...
The COVID-19 pandemic has caused some disruptions in Contract Manufacturing Service Agreements (CSAs), says GlobalData, a leading data and analytics company. Johanna Swanson, Product Manager at...
Following the release of Abbott Laboratories Q2 2020 earnings results; Ashley Young, Medical Device Analyst at GlobalData, a leading data and analytics company, offers her view: “While...
There was a 60% quarter-over-quarter (QoQ) surge in influencer discussions on Cards and Payments during the first half (H1) of 2020 as social distancing and...
With the rapid increase in the number of COVID-19 cases across India, identifying the critically ill COVID-19 patients in the early stage of infection can...
With the COVID-19 pandemic having engulfed almost the entire globe, South Korea too is estimated to witness a 5.4% decline in the overall ICT spending...
Card payments in India are gradually recovering on the backdrop of increase in consumer spending as the country has now entered unlock phase, says GlobalData,...
Following the news that the auto industry in India declined by 75% year-on-year in the first quarter of FY 2020-2021; Bakar Sadik Agwan, Senior Automotive Consultant...
Following the news that the Indian Institute of Technology (IIT) Delhi has launched a low-cost COVID-19 diagnostic kit under the name Corosure; Rohit Anand, Medical Devices...
Even as Singapore’s ICT spending is expected to decline as opposed to the growth expected before the COVID-19 outbreak, communications sector will be the silver...
The mobile services revenue in Malaysia is poised to grow at a sluggish compound annual growth rate (CAGR) of 0.1% during 2019-2024, from US$5.1bn in...
At a time when Indonesia’s ICT spending for 2020 is expected to decline by 7.1% as opposed to the 7.5% growth expected before the COVID-19...
The global demand growth of ammonia is expected to remain sluggish between 2020 and 2030 due to a COVID-19 led reduction in economic activities in...
The Middle East is a key producer and supplier of polyolefins to demand-rich markets, specifically Asia. The region’s polyolefin exports account for around one-third of...
Following the news that Etihad Airways has joined forces with Mediclinic for convenient home PCR testing in the United Arab Emirates (UAE); Mathew George, Ph.D., Aerospace...
Following the recent proposition from the Centers for Medicare & Medicaid Services (CMS) to loosen restrictions on home health providers’ use of telehealth permanently after...
COVID-19 has had a catalytic effect on emerging technologies and has pushed several technologies into the forefront of methods to manage the pandemic. This is likely to be a watershed event and...
Even during the current COVID-19 crisis of lower economic activity, natural gas imports from Mexico have remained at levels of around 5,300 mmcfd during the...
Following a marginal decrease in 2020 mainly as a knee-jerk reaction to the COVID-19 crisis, the total fixed communications services revenue in Malaysia is forecast...
Flexible video colonoscopes have replaced non-video colonoscopes to a large extent in India. Currently, manufacturers are focused on developing disposable components for flexible video colonoscopes...
COVID-19 forced several companies to temporarily shut down, and ‘The Walt Disney’ was among them to shut down the gates of Disney theme parks across...
Following the news that auto part suppliers in Indonesia are turning to online platforms to weather the COVID-19 crisis; Bakar Sadik Agwan, Senior Automotive Consultant at...
Following the news that Ford is facing production bottlenecks in the US due to COVID-19 production constraints at an engine plant in Mexico; David Leggett, Automotive...
The total pay-TV services revenue in Australia is set to decline at a compound annual growth rate (CAGR) of 3.2% from US$2.6bn in 2019 to...
Following the news that the retail sales of new passenger vehicles in China declined by 6.5% to 1.68 million units in June, according to the...
Following the recent news that Avolon has canceled an additional order of 27 B737 MAX; Nicolas Jouan, Aerospace and Defense Analyst at GlobalData, a leading data...
Following recent news that Russia has begun construction of a new leader class nuclear-powered icebreaker; William Davies, Associate Aerospace and Defense Analyst at GlobalData, a leading data...
Despite a decline in 2020 due COVID-19 pandemic, the mobile services revenue in Australia will increase at a compound annual growth rate (CAGR) of 3.7%...
COVID-19 has fast-tracked the transition to digital payments across the Asia-Pacific (APAC) region as consumers opt for the comfort and safety of digital channels rather...
As the economy reopens across the EU and data from Eurostat points to an improvement in construction industry confidence; Moustafa Ali, Economist at GlobalData, a leading...
Spain’s reliance on its tourism sector has seen its economy and payments industry suffer during the pandemic, but bars and restaurants reopening will provide a...
Following the news that Maruti Suzuki and Hyundai India reported growth in vehicle sales in June 2020, compared to the previous month; Bakar Sadik Agwan, Senior...
As the entire world is scrambling to come back to normalcy under the COVID-19 pandemic-induced social distancing guidelines, brick-and-mortar retailers are shifting gears to rapidly...
Following Endologix’s announcement that it has filed for Chapter 11 bankruptcy protection and was purchased by its largest creditor Deerfield Partners who will take the...
The perfusion disposables market in China is expected to grow at a compound annual growth rate (CAGR) of 1.7% and lead the Asia-Pacific (APAC) market...
Argentina’s attempts to continue expanding renewable energy capacity addition is not expected to be disrupted by the COVID-19 pandemic. By 2025, the renewable electricity generation...
Latin America’s oil and gas sector is facing unprecedented challenges caused by a combined collapse in commodity prices and crude oil demand due to the...
Following the news that Indian pharmaceutical giant Dr. Reddy’s Laboratories (Dr Reddy’s) has signed tripartite agreement with Tokyo-based FUJIFILM Toyama Chemical and Dubai-based Global Response...
As the UK’s domestic tourism industry prepares to reopen on July 4, total UK domestic tourism trips are set to drop by 22% this year...
COVID-19 pandemic has entailed a greater degree of adoption of digitalization by brokers, agents and insurers in the Canadian insurance industry to ensure remote connectivity...
The virtual reality (VR)/augmented reality (AR) market—collectively known as extended reality (XR)—has been on the cusp of becoming the next mainstream platform, but it has...
GlobalData has cut its construction output forecast for Western Europe to -8.1% in 2020, reflecting the sharp declines in activity across the region in April,...
COVID-19 outbreak presents an opportunity to electronic component manufacturers in India to foray into medical devices market and reduce the country’s import dependency on China,...
GlobalData has further cut its forecast for Latin America’s construction industry, with output now expected to contract by 6.8% in 2020, down from the previous...
North America’s construction output is forecast to fall by 6.5% in 2020, with Canada projected to see the steepest decline in output (-7%) owed in...
Following Prime Minister Boris Johnson’s radical changes to the planning system as part of his plans to guide the UK out of the COVID-19 pandemic; Katherine...
As China and other markets across the Asia-Pacific (APAC) region continue to grapple with the COVID-19 pandemic, there is a visible difference in how consumer...
Following the news that Tesla's market capitalisation now exceeds that of Toyota, making it the most valued carmaker in the world; David Leggett, Automotive Analyst at...
The COVID-19 pandemic has led to temporarily increased drug sales for biggest bio/pharma companies in the first quarter (Q1) of 2020. This increase over sales...
Pre-COVID-19, Orsted built an early lead into the US market. However, the outbreak has caused its 1.08GW Ocean wind project, 0.9GW Sunrise project and the...
A total of 302 deals were announced in the Asia-Pacific (APAC) region during the week ended 28 June 2020, which is a decrease of 13.5%...
The usefulness of adenovirus-vectored vaccines for COVID-19 is currently questionable as these should only be administered two times over the lifetime of an individual and...
Based on the average cost of electricity, the government of Ontario decided to remove the initially decided fixed rate of CAD0.101/kWh and establish the COVID-19 recovery rate of CAD0.128/kWh until October...
With enterprises in India looking to contain costs, defer all capital expenditure on non-critical ICT spending and hold-off their long-term digital transformation initiatives until at...
Luxury has been one of the most affected industries in the retail sector due to the COVID-19 pandemic. The crisis led to the closure of...
While researchers investigate recovered patient antibody treatments for COVID-19, intravenous immunoglobulin (IVIg) is a similar type of treatment that is already available and could be...
The majority of consumers around the world are purchasing only as much as they intend to consume in the near future, according to GlobalData’s Consumer...
Real estate companies have started using advanced technologies like virtual tours, artificial intelligence-enabled customer engagement, digital bookings and online payments in order to draw customers...
Most of the enterprises across industries in India are expected to see their proposed ICT budgets for 2020 decline in the aftermath of COVID-19 outbreak,...
Taiwan’s general insurance industry is expected to contract by 1.7% in 2020 for the first time since the global financial crisis of 2008-2009, according to...
Netflix is one of the few fortunate companies, which has a service that is more meaningful to people who are forced to stay at home...
Millennials, and to a lesser extent Gen Xers, have been rushing into financial markets to capitalize on the steep increase in volatility as they adjust...
Despite the negative impact of COVID-19, most enterprises in China are expected to increase their share of ICT spending on digital transformation in 2020, according...
Following the news that Indian drug firms cheer dexamethasone’s efficacy in severe COVID-19 patients;Nag Madhavi, Pharma Analyst at GlobalData, a leading data and analytics company,...
Following the news that domestic pharma giants Cipla and Hetero have received the Drugs Controller General of India’s (DGCI) approval to launch generic versions of...
Despite steady growth in the overall subscriptions, the total pay-TV service revenues in Indonesia will decline by a compound annual growth rate (CAGR) of 3.9%...
A total of 349 deals were announced in the Asia-Pacific (APAC) region during the week ended 21 June 2020, which is an increase of 11.1%...
Majority of the enterprises in Australia are expected to see their proposed ICT budgets for the year 2020 decline following the COVID-19 outbreak, according to...
Electronic payments, in particular card payments, have been on a sustained growth curve for the last few years in South Korea, which is among the...
Following the news that Glenmark Pharmaceuticals has become the first company in India to receive regulatory approval for oral antiviral favipiravir for the treatment of...
The total mobile services revenue in Indonesia is set to increase at a compound annual growth rate (CAGR) of 1.8% from US$10.1bn in 2019 to...
Following the news that BMW and Mercedes-Benz are putting their autonomous drive technology collaboration on hold; David Leggett, Automotive Analyst at GlobalData, a leading data and...
Growing cloud services demand and rapid offline merchant onboarding have pushed Alibaba Group Holding Limited’s (Alibaba) sentiment growth up by over 14% in the first...
Seen as prime destinations before COVID-19 hit, flagship shopping centres will take a long time to attract the same number of consumers back with many...
The COVID-19 pandemic has brought a paradigm shift in the payments industry. While cash payments became a thing of the past due to cash being...
Although many public places reopened in India on 8 June 2020 after nearly two and a half months of strict lockdown, bars and pubs have...
Following the news that South Korea will provide US$830m from state fund to support auto parts suppliers; Animesh Kumar, Director of Automotive Consulting at GlobalData, a...
With immunity assuming importance in the fight against the COVID-19 pandemic, dairy manufacturers in India are giving ‘Ayurveda’ twist to cash in on the growing...
The life insurance industry in Japan is expected to contract by 1% in 2020, as compared to 2% growth registered in 2019, according to GlobalData,...
Australia is among the few countries globally that has been successful in combating the COVID-19 outbreak so far. With the government now easing lockdown restrictions,...
Serum Institute of India (SII) is the world’s largest vaccine producer in terms of volume. SII is currently working on three candidates for COVID-19, including...
A total of 314 deals were announced in the Asia-Pacific (APAC) region during the week ended 14 June 2020, which is a decrease of 18%...
Growing demand for ventilators to treat COVID-19 cases is set to drive South Korea’s ventilators market, which is expected to grow at a compound annual...
Following the publication of a new study in The Lancet Global Health journal, examining the number of people with underlying health conditions that place them...
The three largest provincial power markets in Canada - Quebec, Ontario, and Alberta - consume more than 70% of the country’s total electricity supply. Since...
Retailers are seeing a surge in grocery shopping as consumers stock up on food and other essentials because of the COVID-19 outbreak. A similar trend...
India’s general insurance industry is set to grow by 4.0% in 2020, compared to the 10% in 2019, according to GlobalData, a leading data and...
A total 48% of consumers are now concerned about the safety of product packaging during the pandemic period, according to GlobalData’s COVID-19 Weekly Tracker Survey,...
Italy’s construction industry is expected to shrink by 7.4% in 2020 as a result of the lockdown measures to contain COVID-19, according to GlobalData, a...
Generation X has experienced the most disruption among age groups in the United Arab Emirates (UAE) when it comes to the cancelation of travel plans....
Following the news that the Indian state of Maharashtra is planning to procure Gilead Sciences' antiviral drug remdesivir from Bangladesh-based pharmaceutical giant Eskayef Pharmaceuticals; Anupama...
In a bid to provide some relief to the financially crunched state residents amid the COVID-19 pandemic, the Michigan Department of Health and Human Services...
Moderna Therapeutics recently received Fast-Track designation from the FDA for its COVID-19 candidate vaccine, mRNA-1273 together with the green light to initiate a Phase II clinical...
The COVID-19 pandemic had a limited impact on service providers’ Q1 2020 results. In fact, some telcos have seen growth in voice and data traffic...
Consumers across the globe are embracing digital payments more than ever during the COVID-19 pandemic. Against this backdrop, payment industry in the Asia-Pacific (APAC) region...
The number of deals announced in the global retail sector grew by 13.3% during the week ended June 7, 2020, compared to the previous week,...
The ongoing COVID-19 pandemic has resulted in the shutdown of commercial and industrial sectors for an extended period across several countries and Italy is no exception. However,...
Since the COVID-19 outbreak, almost all IT and IT enabled services have adopted a new work culture by allowing employees to work from home. Remote...
After a little over 100 days since the first confirmed case of COVID-19 reported on 28 February 2020, New Zealand has lifted almost all restrictions...
Contact tracing is a tried and true strategy for reducing the severity of the COVID-19 pandemic, as demonstrated in many countries such as South Korea...
Traditional business continuity planning (BCP) has shifted away from an era of subjectivity and ‘trial and error’ to one that is driven by the science...
Forecasts for mortgage balances in France show a decline of 5.8% in 2020, down from 4.9% growth previously, as the COVID-19 pandemic continues to cause...
Following the news that Edwards Lifesciences has received Chinese regulatory approval for its SAPIEN 3 transcatheter heart valve for the treatment of patients suffering from...
A total of 383 deals were announced in the Asia-Pacific (APAC) region during the week ended 7 June 2020, which is an increase of 19.3%...
Amidst the growing concerns due to the COVID-19 pandemic, enterprises are compelled to operate with limited staff, provide undisrupted services to their clients and maintain...
Prior to the COVID-19 outbreak, 71% of men globally said that feeling physically attractive is either very important or important in creating a feeling of...
Following the news that major OEMs in China witnessed strong year-on-year growth in vehicle sales volume in May 2020; Animesh Kumar, Director of Automotive Consulting at...
Following the news that the India entry of Chinese SUV and electric vehicle maker Changan Automobile is delayed by a year due to COVID-19 outbreak; Animesh...
While ENGIE maintained a strong balance sheet in the first quarter of 2020, it has expectedly pulled down its financial guidance due to the decline...
The containment measures adopted to reduce the spread of COVID-19 pandemic has resulted in severe loss in output along with record job losses that is...
Following news that Phosphorus received emergency use authorization (EUA) from the Food and Drug Administration (FDA) for its at-home COVID-19 saliva test; Aliyah Farouk, Medical Device...
During the COVID-19 crisis, Innogy is supporting the communities that neighbor its renewable projects through the copany’s community funding program. This £19m ($23.5m) COVID-19 Response...
Delays in renewable projects financing is expected during COVID-19 because lenders are aware of the volatility existing in the market and are likely to refrain...
Following the news that car sales in India declined by nearly 85% year-on-year in May 2020; Animesh Kumar, Director of Automotive Consulting at GlobalData, a leading...
COVID-19 has changed the dynamics of the IT environment in India and has provided an evolutionary roadmap for the future digital workplace. The pandemic has...
GlobalData anticipates that Gilead’s remdesivir will target a select severity group of COVID-19 patients, and it remains questionable as to how treatment with the drug...
Reduced demand due to economic slowdown in the Middle East and Africa (MENA) region, fueled by the COVID-19 outbreak, has led to long-term liquefied natural...
The reopening of Primark stores in the UK will be met with consumer caution in the long-term, says GlobalData, a leading data and analytics company. GlobalData’s...
The COVID-19 crisis has affected a wide range of businesses, but its impact on the oil and gas industry is particularly severe due to restrictions...
The COVID-19 pandemic has accelerated the demand for digital technologies to ensure resilient enterprise business operations. Subsequently, a surge in demand across the Asia-Pacific (APAC)...
The outbreak of the COVID-19 pandemic has intensified the challenges faced by Whiting Petroleum, leading to a mediocre overall performance. As a result, in a...
The current COVID-19 pandemic will eventually result in an increased transition towards digitalization, with enterprises working towards reducing risks and ensuring business continuity for their...
Despite the COVID-19 crisis, tech giants Facebook, Apple, Microsoft, Google and Amazon (FAMGA) have reported revenue growth in the first quarter (Q1) of 2020 even...
Majority of the ophthalmic procedures performed in India are estimated to be delayed, postponed or canceled due to COVID-19, as they are considered to be elective. However,...
Although it is likely that existing ultrasound systems will be repurposed to treat COVID-19 patients, growth is still expected as companies plan to ramp up...
Following news that the US has announced it will ban mainland Chinese airlines from serving the US from June 16;Ben Cordwell, Travel & Tourism Analyst...
Singapore, one of the fastest growing e-commerce markets in South East Asia, has experienced a surge in e-commerce transactions post the outbreak of COVID-19 pandemic. The rise in...
The local production of the active pharmaceutical ingredients (API) for some of the key COVID-19 repurposed drugs including remdesivir, favipiravir and hydroxychloroquine (HCQ) is likely to offer a...
A total of 321 deals were announced in the Asia-Pacific (APAC) region during the week ended 31 May 2020, which is an increase of 7%...
Following the news that India-based Sun Pharmaceutical Industries Ltd (Sun Pharma) has received Indian regulatory approval to start clinical trials of pancreatitis drug nafamostat mesylate in COVID-19 patients; Prashant...
Following the announcement by the Financial Conduct Authority (FCA) that multiple insurers are to back down on the coronavirus policy dispute and pay company owners...
Nearly 83.5% of all the orthopedic procedures performed in the US are estimated to be delayed, postponed or canceled due to COVID-19, as they are considered to...
The prospect of a 14-day quarantine upon returning to the UK casts serious doubt over the future of short breaks, causing a great deal of...
Following the news that SAS Scandinavian Airlines will defer and review its order book with Airbus. Nicolas Jouan, Aerospace and Defense Analyst at GlobalData, a leading...
As many COVID-19 patients may experience long-term complications from the illness such as intensive care unit (ICU) delirium, post-traumatic stress disorder (PTSD), lung damage, heart...
The renewable sector in most countries is largely dependent on imports from other regions, mainly China, and major global suppliers of solar PV modules include...
The total mobile services revenue in China is set to increase at a compound annual growth rate (CAGR) of 1.5% from US$127.4bn in 2019 to US$137.1bn in...
Following the interaction with the Department of Defence (Australia) on their Hunter-class anti-submarine warfare (ASW) program on 29 May 2020; Mathew George, Ph.D., Aerospace & Defense...
The UK's contact tracing application is inaccessible to 21% of the adult population who do not use the latest smartphones. The pandemic has exposed a...
The Swedish Governments’ comprehensive financial packages should ensure its banking sector is relatively insulated from the level of damage felt in other countries, says GlobalData. GlobalData’s...
As seen in many countries across the globe, smart cities in India too have been playing a major role and leading the way in the...
COVID-19 crisis can be an opportunity for the Indian medical devices manufacturing industry. However, it has resulted in the shortage of workforce and subsequently impacted the demand...
An analysis of GlobalData’s Health & Wellness Influencer Platform, which tracks 130 leading industry experts and their discussions pertaining to the emerging trends, pain areas, new fields of...
Following the news that the Australian Energy Market Commission (AEMC) is considering a rule change, allowing electricity retailers with COVID-19-affected customers to put their electricity network charges on...
Following the news that India-based BDR Pharmaceuticals has sought the Drug Controller General of India (DCGI)'s approval to manufacture and sell the generic version of...
Following yesterday’s (27 May 2020) declaration by Bruce Jette, US Army acquisition head, on the delivery schedule of main acquisition programs amid the COVID-19 disruption; Nicolas...
Although the number of clinical trials that have suspended enrolment due to COVID-19 is leveling off, the overall disruption of trials continues to expand, says...
Lockdown measures to combat COVID-19 have significantly impacted economic activities worldwide resulting in rampant job losses. Real GDP growth of major economies such as the...
With a total 80% of consumers surveyed* claiming they are extremely or quite concerned about the ongoing COVID-19 pandemic, a large proportion of the population...
Brazilian banks are dependent on whether the government can preserve businesses, as the country’s already weak economy has been hit hard by COVID-19, says GlobalData,...
Smart grids have, so far, ensured grid resilience successfully to the extent that no major grid reliability issues have been reported during the pandemic. Several...
Following the completion of the pre-qualification procurement process for its first renewable auction at the end of April, the Renewable Electricity Support Scheme (RESS) is...
Following easyJet’s announcement that it plans to resume domestic flights in France and in the UK on 15 June; John Vandesquille, Travel & Tourism Analyst at...
Non-emergency dental procedures such as alveoloplasty, incision and excision of gums, and the removal or restoration of teeth are mostly elective and will substantially impacted...
Following today’s release of Pets at Home FY figures for 2019/20, Hannah Richards, Retail Analyst at GlobalData, a leading data and analytics company, comments: ‘‘With an outstanding performance...
The UK is currently building the biggest network of diagnostic labs in British history, and has already shown success in increasing COVID-19 testing capacity with...
Faced with contrasting demand trends for electricity and water following the COVID-19 outbreak – changing customer behavior and remote working are driving water demand higher,...
Following the news that Lockheed Martin will again accelerate payments of US$300m to small critical suppliers: Nicolas Jouan, Aerospace and Defense Analyst at GlobalData, a leading...
Natural gas prices have struggled in early 2020, hitting record lows due to US dry gas production being at a record high - which has impacted major shale...
Amid the rapid decline in demand for new projects and safety regulations related to the COVID-19 pandemic, construction output in North America is now anticipated...
As clothing factories across the globe start to resume production following country-wide lockdowns imposed to stem the flow of the coronavirus, it is essential that...
Following the news that hiring by the top-five Indian IT services companies dropped by 28% in FY20; Swati Verma Lead Analyst - Thematic Research at GlobalData,...
Following yesterday’s (Thursday 14 May) news that Boeing is launching a Confident Travel Initiative to prepare commercial aviation for a post-COVID-19 world; Nicolas Jouan, Aerospace and...
The growth of Indian e-commerce market has been revised up, considering the positive push due to coronavirus (Covid-19) outbreak, according to estimates by GlobalData, a leading data...
A study conducted by New York University (NYU) indicated that Abbott ID NOW COVID-19 tests are less effective than the Cepheid Xpert Xpress SARS-CoV-2 devices....
Following yesterday’s (Wednesday 13 May) announcement of Boeing’s US$3.1bn sales of air-to-surface missiles to supply Saudi Arabia and other allies; Nicolas Jouan, Aerospace and Defense Analyst...
Following the news that Morrisons is rolling out a shopping system for customers doing smaller shops to help them get in and out more quickly: Thomas...
2020 was expected to be the year of 5G. With leading carriers across the Asia-Pacific region already launched the fifth generation technology in 2019, the rollout of...
Vestas transformation plan involving the layoff of around 400 employees across different functions that do not directly support its 2020 deliveries, will help the company...
The ecosystems of leading ecommerce players like Amazon, Alibaba, Netflix, and Tencent will enable these companies to drive their growth through the COVID-19 pandemic, says...
Following the release of Boeing’s order book for the month of April 2020; Nicolas Jouan, Aerospace and Defense Analyst at GlobalData, a leading data and analytics...
The quarterly profits of the Australian banks will be significantly down and an enduring squeeze on smaller players could result in the long-term consolidation of...
Following the news that the sales of used cars are witnessing growth during conditional movement control order (CMCO) in Malaysia; Animesh Kumar, Director of Automotive Consulting at GlobalData, a...
The highly saturated mobile telecom market in the Philippines is forecast to witness moderate growth in the percentage of mobile subscriptions in 2020 due to the coronavirus...
A total of 274 deals were announced in the Asia-Pacific (APAC) region during the week ended 10 May 2020, which is a decrease of 28.8% over...
Following the news that Indian Council of Medical Research (ICMR) and India-based Bharat Biotech have partnered to develop an indigenous COVID-19 vaccine; Anupama, Pharma Analyst at GlobalData, a...
The coronavirus (COVID-19) pandemic is changing the way people interact and businesses operate. In a world where lockdown measures and social distancing have become the new norm,...
Following yesterday’s (Monday 11 May) news that Mitsubishi Heavy Industries is postponing its SpaceJet regional airliner program; Nicolas Jouan, Aerospace and Defense Analyst at GlobalData, a...
Following the announcement that Spartan Bioscience has recalled its rapid COVID-19 test due to concerns by Health Canada; Azadeh Laffafian PhD, Medical Device Analyst at GlobalData,...
The global liquefied natural gas (LNG) liquefaction sector is reeling under the pressure of falling oil and gas prices, weak LNG demand and poor global...
The COVID-19 pandemic has pushed various organizations such as SunCrafter to come up with technological solutions to limit the spread of the virus. SunCrafter is...
Following the news that Indonesia plans to subsidise car loan as part of a debt relief program for businesses affected by COVID-19; Animesh Kumar, Director of Automotive Consulting...
Following the news that Maruti Suzuki India Ltd (MSIL) has re-opened 600 dealerships, which were shut down due to lockdown as a result of coronavirus (COVID-19) outbreak...
Reduced demand due to COVID-19 outbreak and the subsequent economic slowdown have forced China’s petrochemical players to re-work on their investment strategies. As a result, several pre-final investment...
Fllowing the news that the Solar Module Manufacturers Association Bangladesh (SMMAB) requested for government support after operations took a hit due to the 40-day COVID-19 industrial lockdown; Somik...
Oil companies are dealing with a plethora of challenges due to the sudden decline in demand amid the COVID-19 pandemic. Distant storage locations increase costs...
The number of merger and acquisition (M&A) deals completed within the renewable industry in Q1 2020 dropped by nearly 25% from Q4 2019. These M&As...
Airbnb still can be a success, as long as it embraces the idea that it may have to be smaller in scale in the short-to-medium...
Iberdrola is planning to significantly increase its investments in renewables and promote employment, using accelerated investments as the solution to get through the COVID-19 crisis. Somik...
The number of deals announced in the global travel and tourism sector decreased by 8.3% during the week ended May 3, 2020, compared to the...
Following today’s earnings results for Nintendo; Rupantar Guha, Senior Analyst for Thematic Research at GlobalData, a leading data and analytics company, offers his...
Following the announcement of Lyft and Uber’s earnings; Wafaa Hassan, Thematic Analyst at GlobalData, a leading data and analytics company, offers her view on the impact of...
Following the release of an upfront statement by Rolls-Royce’s Chief Executive Warren East to shareholders about the company’s struggles in the midst of COVID-19; Nicolas Jouan,...
The COVID-19 outbreak has damaged supply chains and impacted labor availability across Europe, which has direct implications on upcoming petrochemical projects currently under construction/commissioning and...
Following today’s release of Superdry FY figures for 2019/20, Pippa Stephens, Retail Analyst at GlobalData, a leading data and analytics company, comments: “Superdry’s woes were amplified in its...
Brazil’s retail market is set to be one of the better performing in Latin America in 2020, growing 2.0%, says GlobalData, a leading data and analytics company. Amy Higginbotham, Retail Analyst at GlobalData, comments: “The COVID-19 outbreak will have a marked impact...
Following the news that auto industry heads met Minister of Heavy Industries and Public Enterprise to seek urgent government help; Bakar Sadik Agwan, Senior Automotive Consultant at GlobalData, a...
Japan has already witnessed a significant downturn in the number of new daily COVID-19 cases since the national emergency was declared. However, the country is likely to see...
The spread of the COVID-19 pandemic has prompted state and local governments in the US to put quarantine measures in place. As a result, the...
Following the news that Ocado Retail revenue rose 40.4% in its Q2 to date (beginning of March to today), Thomas Brereton, Retail Analyst at GlobalData,...
A total of 385 deals were announced in the Asia-Pacific (APAC) region during the week ended 3 May 2020, which is an increase of 11.6% over...
Following the announcement of Disney’s earnings; Danyaal Rashid, Thematic Analyst at GlobalData, a leading data and analytics company, offers his view on the impact of COVID-19 on...
Social distancing is directly affecting global travel, logistics and material handling, as well as potentially creating gaps along the oil and gas supply chain that...
Despite the COVID-19 outbreak, China managed to launch its national blockchain-based service network (BSN) in April 2020, as scheduled earlier, in an attempt to promote the mass...
Businesses will be forced to reconsider their spending priorities as a result of COVID-19 pandemic and insurers are expected to ramp up investment in artificial intelligence (AI), according...
As news that Fitbit has held discussions with the White House to discuss how its devices and user data could be used for social distancing...
Following the announcement by General Electric Aviation’s Chief Executive David Joyce on the company’s upcoming staff reductions; Vera Lin, Aerospace and Defense Analyst at GlobalData, a...
The Department of Science and Technology - Science and Engineering Board (DST-SERB) has recently initiated several special research projects. These efforts could help contain community spread of the...
Even as the COVID-19 pandemic continues to affect the global economies and businesses, Chinese companies have upped the ante to acquire or invest in distressed foreign assets...
Retail investors in the UK will gravitate towards deposits and away from riskier high-yielding assets, according to leading analytics company, GlobalData. GlobalData’s report, ‘COVID-19 Sector Impact: Retail Savings &...
Consumer uncertainty is one of the greatest barriers facing the travel industry, and despite cases of COVID-19 stabilizing across South Africa, 70% of South African...
Following the news that India has approved nearly US$2bn* towards ‘India COVID-19 Emergency Response and Health System Preparedness Package’; Sasmitha Sahu, Pharma Analyst at GlobalData, a leading data...
As the UK lockdown continues into its fifth week, and both the start and end-dates of the quarantine seem to get further away, the impact...
COVID-19 is driving digital transformation for enterprises in the Southeast Asia region (ASEAN) and will open up wider opportunities for carriers and service providers, says...
Following the news that Rolls-Royce is cutting up to 8,000 Jobs; William Davies, Aerospace and Defense Analyst at GlobalData, a leading data and analytics company, offers...
With an unexpected spike in COVID-19 cases, India has extended the countrywide lockdown till 17 May 2020. The move reflects India’s dependency on lockdown to contain the pandemic...
According to SAGA’s latest poll, 62% of over-50s are reluctant to take a cruise due to the COVID-19 outbreak. Furthermore, 44% of respondents are delaying booking...
Organizations are relying on real-world evidence (RWE) to help tcontain the spread of COVID-19. Real-world data can provide valuable insights to help organizations better understand,...
The European region witnessed consistent decline in mergers and acquisition (M&A) deal volume during Q1 2020, decreasing from 710 in January, to 699 in February,...
A total of 1,004 deals were announced globally during the week ended April, 26, 2020, which is an increase of 12.6% over 892 deals announced...
The disruption caused by COVID-19 on component makers mean it will be a challenging environment for consumer electronics and the automotive industry for the rest...
Customers of Octopus Energy’s Agile tariff are being paid to use electricity during the day, as wind and solar projects produce a surge in clean...
Wireless operators in the US are attempting to poach rivals’ customers via highly targeted offers that resonate particularly well amid the current COVID-19 pandemic, says...
Following the news that Spotify has gained six million subscribers in the first quarter of 2020; Wafaa Hassan, Thematic Analyst at GlobalData, a leading data and...
As Air France is granted more US$7.5bn in government help under the promise that, among other conditions, it will not compete with the French high-speed...
Australia’s stringent lockdown has paid off with the country only seeing around 25 new cases of COVID-19 per day at the end of April. As...
Following the news that India-based Strides Pharma has developed and commenced the export of generic favipiravir antiviral tablets to potentially treat COVID-19 infection; Sasmitha Sahu, Pharma Analyst at GlobalData, a...
Following yesterday’s communication from Rep. Adam Smith, chairman of the House Armed Services Committee, on upcoming COVID-19 stimulus packages; Nicolas Jouan, Aerospace and Defense Analyst at...
Following the news that UK car output fell 37.6% in March, according to figures released by the Society of Motor Manufacturers and Traders (SMMT) as...
Following the news (Wednesday 29 April) about the outcomes of the UK’s initiative on making ventilators;Tina Deng, Senior Medical Devices at GlobalData, a leading data...
The COVID-19 outbreak has caused mass cancellation of corporate events, international congress meetings, sports and social events. International travel bans in addition to the UK’s...
Following the news that Google's YouTube is bringing fact-checking information panels to the US to curb COVID-19 related misinformation; Laura Petrone, Senior Analyst atGlobalData, a leading...
Tyson Foods is just one more of many to close its meat processing plants in the US due to the uncontrollable spread of COVID-19 infections...
Following the news that TripAdvisor is laying off 25% of its workforce – around 900 in total; Johanna Bonhill-Smith, Travel & Tourism Analyst at GlobalData, a...
Following the recent announcements from Airbnb and Hilton that new hygiene initiatives will be implemented; Ralph Hollister, Analyst, Travel & Tourism at GlobalData, a leading data...
South Korea’s construction industry is expected to contract by 2.8% in 2020 as containment measures for COVID-19 and slower economic growth due to declining exports will adversely affect...
A reluctance to take on credit and buy houses, especially for first-time buyers, will negatively impact the New Zealand mortgage market in the short-term, according to GlobalData, a...
With government hospitals handling more COVID-19 testing across the country, private laboratories are facing hurdles such as high operating costs and low testing volumes in India....
Following the news that Ford has reported a net loss of $2bn for Q1 and put back its launch of driverless vehicles to 2022; David Leggett,...
The rapid proliferation of COVID-19 has been putting great strain on healthcare systems across the world, with demand for critical medical equipment and supplies mounting....
COVID-19 will have a major impact on the savings and investments market in Italy, hurting retail equity and mutual fundings, while safer retail deposits will...
The COVID-19 pandemic has shown that mobile voice is still a vitally important communication channel, one that becomes even more important in a crisis, says...
Big food brands are offering direct-to-consumer home delivery services for the first time amid the COVID-19 lockdown. This comes as no surprise given the in-store...
Following yesterday’s news that Airbus has furloughed 3,200 personnel at Broughton factory in north Wales; Nicolas Jouan, Aerospace and Defense Analyst at GlobalData, a leading data...
A total of 345 deals were announced in the Asia-Pacific (APAC) region during the week ended 26 April 2020, an increase of 17.7% over the 293...
The Chinese consumer lending market, which recorded 16.3% growth in 2019, is expected to slow down to 6.2% to reach CNY46.7 trillion (US$6.7 trillion) in 2020, as...
Since mid-March, the response of governments worldwide to the COVID-19 pandemic has led to severe disruption of mining activities across a large number of countries....
Roche’s Actemra (tocilizumab) generated $687m in the first quarter of 2020, a 30% increase compared to the same period in 2019, due to evidence of...
IHG experiencing steep RevPAR decline but looks set to navigate through the pandemic, says GlobalData Following the announcement that IHG continues to expect Global RevPAR to decline...
Following Saturday’s announce that Boeing was terminating the Master Transaction Agreement (MTA) with Embraer. Nicolas Jouan, Aerospace and Defense Analyst at GlobalData, a leading data and...
“Netflix is not only surviving during the COVID-19 pandemic, but it is thriving. The company’s strong position during this crisis has gained it first place...
Following the news that Ocado has launched its first fulfilment centre in North America with Canadian supermarket Sobeys, Thomas Brereton, Retail Analyst at GlobalData, a leading data and analytics...
COVID-19 has unexpectedly launched a new era of cloud modernization, says GlobalData, a leading data and analytics company. Gregg Willsky, Principal Analyst at GlobalData, comments: “COVID-19...
Fears surrounding the impact of coronavirus (Covid-19) have already significantly impacted the global economy. A similar trend is expected in New Zealand’s tourism industry, which is the country’s...
Lockdowns may have got us spending more time in front of the television but it won’t help the ailing physical video market. Instead, consumers are...
Mexico’s construction industry is forecast to continue to contract in 2020 albeit at a sharper rate than in 2019, according to GlobalData, a leading data...
Following the news that New Zealand's Climate Change Minister has reiterated the country's commitment to green policies; Ella Benson Easton, Thematic Analyst at GlobalData, a leading data...
The COVID-19 outbreak has rendered automakers helpless with large-scale supply chain disruptions and retail outlet shutdowns. The troubles are mounting due to supply chain volatility...
Vestas Wind Systems, LM Wind Power, Siemens Gamesa Renewable Energy, and Nordex have reopened factories in Spain after the government relaxed lockdown measures.It was previously...
The National Health Service’s (NHS) data platform will help the country implement a co-ordinated and effective response to the rapidly evolving COVID-19 crisis in the...
Manufacturing in the global clean energy sector, including renewable energy, battery energy storage, electric vehicles (EVs), and the renewable heat and cooling markets is highly...
Following the that Reckitt Benckiser, a leading manufacturer of hygiene products, has issued an urgent statement clarifying that disinfectant should not be injected after US...
Following the announcement that Abbott Laboratories’ Q1 Diagnostics business revenues slightly declined year-over-year;Dara Lo, Medical Device Analyst at GlobalData, a leading data and analytics company,...
China’s retail savings and investments market is set for the worst year since 2008 financial crash due to the domestic disruption and impact on trade partners as...
Following the news that the US Army wants to mitigate delays of major programs amid the COVID-19 crisis;Stelios Kanavakis, Aerospace & Defense Analyst at GlobalData,...
Following the news that many travelers have had to cancel Airbnb reservations; Rheanna Norris, Associate Analyst at GlobalData, a leading data and analytics company, offers her...
In Q1 2020, the financial services sector saw an overall rise of 4.62% in deal value from US$131.25bn in Q1 2019 to US$137.3bn in Q1...
Following the announcement that LivaNova is modifying product indications for some of its cardiopulmonary devices to include extracorporeal membrane oxygenation (ECMO) therapy greater than six...
As life slowly returns to normal in China, travel companies operating in the nation need to be careful of encouraging mass tourism at this early...
Healthcare professionals are one of the most vulnerable groups exposed to infections. Rising number of coronavirus (Covid-19) cases and severe shortage of personal protective equipment (PPE) products across...
Edge computing is poised to garner a lot of interest in Asia-Pacific, as emphasis on improving networking technologies for remote working grows amidst the current coronavirus (Covid-19) pandemic....
Following the news that China trials of Gilead Sciences Inc’s antiviral drug remdesivir in patients with mild symptoms of coronavirus (Covid-19) have been suspended due...
EDP Renewables (EDPR) inked a power purchase agreement (PPA) with Royal DSM to supply 59 megawatt (MW) of renewable power in Spain, which is a...
Analysis carried out by GlobalData, a leading data and analytics company, shows that the global light vehicle market hit a seasonally adjusted annual running rate...
Pre Covid-19, China was predicted a steady CAGR of 2% between 2016 and 2020 reaching 63.9 million international arrivals, according to GlobalData, a leading data...
Following the news that China has rolled out software surveillance to monitor quarantined people and track the spread of the coronavirus (Covid-19); Stuart Ravens, Chief Analyst at GlobalData,...
The number of deals announced in the global travel and tourism sector decreased by 39.1% during the week ended April 19, 2020 compared to the...
Ethanol producers capture CO2 as a by-product and sell it on to beer and fizzy drinks manufacturers, who then use it for carbonation in drinks....
The COVID-19 pandemic has altered market dynamics for renewables, impacting all stakeholders along the value chain. Demand-supply disruptions are at large and there will be...
Travel brands hold an emotional attachment with their consumers but those that can introduce simple initiatives to maintain a connection with their customers throughout this...
Following the announcement that AMC Health is launching new telehealth interactive voice response (IVR) monitoring solutions with eviCore healthcare for COVID-19 patients;Azadeh Laffafian, Medical Device...
South Korea has implemented one of the most effective responses to the coronavirus (Covid-19), but even it cannot avoid an economic downturn, which has seen GlobalData, a...
The total transaction value in Australia has been revised down to a compound annual growth rate (CAGR) of 2.4% between 2019-23 as consumer spending is forecast to...
The level of COVID-19 lockdown and number of cases pushes Spain and Italy towards the top of GlobalData’s COVID-19 Banking Severity Impact Index. Economic factors,...
Following yesterday’s release of the International Civil Aviation Organization’s (ICAO) air travel forecast projecting a 1.2 billion travelers drop and US$160bn to US$253bn in revenue...
The total Swiss insurance market is set to grow at a compound annual growth rate (CAGR) of 2.1% between 2020 and 2023 from £52.0bn in...
As car companies report first quarter financial results, many are making it clear that they cannot issue their usual guidance on the full-year outlook because...
As many in the UK are now working from home, the electricity demand pattern is expected to take a new shape. As demand from the...
Amid the COVID-19 outbreak across multiple geographies, most of the top publicly trading banks by market capitalization (MCap) reported a quarter-on-quarter (QoQ) decline in their...
The COVID-19 pandemic has shredded the performance of shares of the world’s top 25 technology* companies, with 23 reporting a major quarter-on-quarter (QoQ) decline in...
Following the announcements by Proxxi and Estimote that they are launching wearable bands with social distancing features;Swati Verma, Thematic Analyst at GlobalData, a leading data...
Construction activity across Eastern Europe slowed markedly in 2019 and in 2020 output will be severely impacted by COVID-19 containment measures. Leading data and analytics...
Following the release of Lockheed Martin’s Q1 2020 results and the announcement of potential delays in F-35 deliveries; Nicolas Jouan, Aerospace and Defense Analyst at GlobalData,...
Following the news that General Motors has suspended its Maven car-sharing operations; Calum MacRae, Automotive Analyst at GlobalData, a leading data and analytics company, offers his...
A total of 892 deals were announced globally during the week ended 19 April, 2020, which is a decrease of 0.8% over 899 deals announced...
Goldman Sachs has dominated the M&A financial advisers league table based on deal value in the first quarter of 2020, according to GlobalData, a leading...
Following the announcement by Phillips to invest $109m to increase the production of ventilators, patient monitors and diagnostic imaging in order to meet the COVID-19...
Following the news that the Department of Defense (DoD) intends to grant US$3bn in early invoice payments to defense industry; Nicolas Jouan, Aerospace and Defense Analyst...
Quarantines and work-from-home policies have triggered a spike in demand for video streaming and conferencing, creating a huge base of new users of over-the-top (OTT)...
Following today’s news (21/04/2020) that the Bavarian state government has taken the decision to cancel the two-week-long Oktoberfest;Kevin Baker, Head of Beer & Cider Research...
Capitalizing on the momentum from the Aramco IPO in Q4 2019, 15 companies have expressed an interest to get listed in the Gulf Cooperation Council...
A sum of around US$30bn has already reportedly been spent on preparing to host the Olympics. Current estimates place the potential losses for Japan as a whole...
Following today’s news (20th April) that the UK Government has launched a £1.25bn bailout plan for venture capital-backed businesses struggling to survive the COVID-19lockdown;David Bicknell, Principal Analyst in the...
Following the announcement that the Health and Human Services (HHS) delivered an initial $30bn in relief funding to Medicare providers and suppliers and doubled its...
Ten nurses from the Providence Saint John's Health Center in California were reportedly placed on administrative leave for refusing to treat COVID-19 patients without access...
Following the news that General Electric has completed construction of a EGP100m control and monitoring center at the Benban solar complex facility; Yasmine Ghozzi, Economist at...
Following the news that CDA Aviation cancelled an order of 20 B737 MAX and the German Government ordered 45 fighter jets to Boeing; Nicolas Jouan, Aerospace...
Loss of routine and social isolation are having distressing short and long-term impacts on individuals of all age groups, meaning mental health disorders will increase...
Healthcare workers around the world have reported a significant increase in mental health disorders as a result of COVID-19, and rates will continue to rise...
As the pandemic continues to spread, Vestas suspended its previous 2020 guidance outlook due to poor performance visibility for the remainder of the year. The...
The COVID-19 pandemic has caused worldwide lockdowns, forcing millions of people to work remotely. Smaller companies providing collaborative tools are increasingly finding themselves battling the...
The shutdowns and deteriorating demand in the automotive sector have caused GlobalData to revise its North American and European light vehicle (LV) production forecasts for...
COVID-19 will have a short-lived positive impact on gaming, but not all companies will benefit. Sony is the most exposed, because games such as The...
Worldwide, this is a dark time for the travel industry. As global destinations remain closed and travel company operations continue to be wound down, the industry...
Despite COVID-19 resulting in revenue pressures from slowing sales and consumer demand for new products, many major carriers say they still have the cash flow...
Following the announcement that French biotech company bioMérieux reports 21.5% Q1 revenue growth;Dara Lo, Medical Device Analyst at GlobalData, a leading data and analytics company,...
A drop in Chinese photovoltaic (PV) module prices may be expected following the COVID-19 epidemic as Chinese manufacturers have been forced to stockpile their modules....
The coal sector is expected to take the major brunt of the COVID-19 outbreak as electricity demand decreases due to production halts in major factories...
The global healthcare sector has been subjected to an array of cyberattacks as it deals with the COVID-19 pandemic, says GlobalData, a leading data and...
The lack of a robust domestic manufacturing industry makes the UK highly dependent on imports to cater to demand. Recent manufacturing disruption in China is...
Following the announcement by Sanofi and Luminostics to co-develop a smartphone-based self-testing solution for COVID-19; Aliyah Farouk, Medical Device Analyst at GlobalData, a leading data and...
Following NATO’s defence ministers meeting where it was decided that the alliance is reportedly poised to tackle disinformation related to COVID-19, as well as the...
Following the news that Airbus is postponing planned production ramp up of its A220 aircraft series; Nicolas Jouan, Aerospace and Defense Analyst at GlobalData, a leading...
Following the announcement of Baxter to hire 2,000 employees as demand for its medical devices surge;Dara Lo, Medical Device Analyst at GlobalData, a leading data...
A series of storms hit the south and the southeastern areas of the US at the beginning of Easter Sunday and continued on to 14...
Following the announcement that researchers at Massachusetts Institute of Technology (MIT) produced a wireless device that allows healthcare professionals to monitor patients remotely; Aliyah Farouk, Medical...
As people adjust to cooking at home, demand for bakery and raw ingredients has shown resilience to the uncertainty brought on by COVID-19; conversely, prepared...
Following the news that Germany is set to partially lift COVID-19 restrictions and Donald Trump’s announcement of his intentions to reopen the US economy;Oliver Lockett,...
The majority of consumers around the world are using their cars much less, if at all, during the current lockdown. Therefore, it is expected that...
The American Society of Reproductive Medicine (ASRM) issued guidance on fertility treatments during COVID-19 and called for suspension of most new treatment cycles such as...
The share of global mining projects that progressed to their next stage of development has decreased from 3.8% in Q4 2019 to 2.8% in Q1...
Total’s refining and petrochemical operations have sizeable exposure to COVID-19 affected countries and may experience a fall in capacity utilization over the near term, says...
Leading data and analytics company GlobalData has cut further its construction output growth forecast for the Middle East and North Africa (MENA) region for 2020...
Due to the huge shortage of PPE among first responders, healthcare workers and medical staff in the US, it is unlikely that import of KN95 will negatively impact sales of US-made N95 respirators, says GlobalData, a leading data and analytics company. Alison...
The transition from cash to electronic payment will be accelerated by consumer behaviour learned from the COVID-19 pandemic, according to GlobalData, a leading data and analytics company. GlobalData’s Covid-19 Sector Impact: Payments webinar noted that online, cashless and mobile transactions would...
Following news that OPEC+ has agreed to cut production by 9.7 million per day, with Russia and Saudi Arabia assuming the biggest production reductions; Anna Belova, Senior Oil & Gas Analyst at GlobalData,...
Following the announcement of technology giant 3M Co and engine manufacturer Cummins to join forces in the fight against COVID-19;Dara Lo, Medical Device Analyst at GlobalData, a leading data and analytics company, offers her view: “3M Co has ramped up its production of N95 respirators,...
Following the news that Dassault will likely have to postpone the delivery of four Rafale fighter jets to India; Nicolas Jouan, Aerospace and Defense Analyst at GlobalData, a leading data and analytics company, offers his view on Dassault’s situation; “The lockdown imposed by the French...
Following the announcement that major US airlines have reached a deal in principle with the federal government to secure aid; Nick Wyatt, Head of R&A and Travel & Tourism at GlobalData, a leading data and analytics company, offers his view on the...
When COVID-19 broke out in China, the country was quick to slow down its production, eventually ceasing all manufacturing as the country went into lockdown. This...
The UK’s annual wind installation market has so far been negatively impacted by the COVID-19 pandemic and this is expected to continue throughout 2020. The total annual installations for wind power was 2.47 gigawatt (GW) in 2019 and...
In response to COVID-19, technology companies have ramped up collaborations on innovative technologies such as blockchain, says GlobalData, a leading data and analytics company. Charlotte Dunlap,...
In the wake of the COVID-19 pandemic, manufacturing companies from across the globe are adapting their production plans in an effort to combat the virus,...
Following the news that the Indonesian Automotive Industry Association (GAIKINDO) revised 2020 vehicle sales projection to 600,000 units; Animesh Kumar, Director of Automotive Consulting at GlobalData, a leading...
GlobalData has revealed the latest mergers and acquisitions (M&A) league table of the top ten legal advisers in North America by value and volume for the coronavirus-hit Q1 2020, which witnessed decline in overall deal activity in the region. Skadden Arps Slate Meagher...
GlobalData has revealed the latest mergers and acquisitions (M&A) league table of the top ten financial advisers in North America by value and volume for the coronavirus-hit Q1 2020, which witnessed decline in overall deal activity in the region. Goldman Sachs leads by...
Following the announcement of a COVID-19 test using Sanger sequencing developed by BillionToOne, a precision diagnostics company;Dara Lo, Medical Device Analyst at GlobalData, a leading data and analytics company, offers her view: “BillionToOne’s...
The 3D-printing industry is at the forefront of the manufacturing effort against COVID-19, says GlobalData, a leading data and analytics company. 3D-printing companies around the world, from start-ups to industrial giants, are...
Telco operators are offering new commerce services, primarily relating to insurance, in response to COVID-19, says GlobalData, a leading data and analytics company. Natasha Rybak, Principal Analyst at GlobalData, comments:...
India's coronavirus (Covid-19) lockdown has impacted the manufacturing and supply chain operations of pharmaceuticals despite pharmaceutical manufacturing being considered an essential service and excluded from the lockdown. However,...
Medicines stockpiled in the event of a no-deal Brexit may help the UK to be better prepared to fight against the COVID-19 outbreak, but only...
Since COVID-19 outbreak, there has been widespread disruption to the global sports calendar. The ensuing economic crisis continues to impede on upcoming sponsorship contracts, with...
Companies are announcing a pause in share buyback plans to prevent a financial catastrophe due to dwindling cash reserves as a result of COVID-19, says...
The use of drones in response to COVID-19 will make technology part and parcel of today’s society, says GlobalData, a leading data and analytics company. Drones...
The US Secretary of the Air Force Public Affairs’ agreement with Boeing on the release of withheld KC-46A Pegasus contract payments will be felt as...
COVID-19 has been having a devastating impact on the TV broadcasting industry as firms have been reluctant to spend on ads, says GlobalData, a leading...
Use of virtual mental health tools is expected to rise significantly over the coming months as self-quarantine and social distancing measures show no signs of being lifted, says GlobalData, a leading data and analytics company. Kathryn Whitney, MSc,...
In the space of three months, the backdrop for the semiconductor sector has changed, but long-term issues remain and must be solved, says GlobalData, a leading data...
The global nuclear industry’s already established robust safety culture is helping related organizations to act fast and modify their processes during the COVID-19 pandemic, says...
Following today’s news that Trump’s tariffs on China could add to the struggle in fight against the coronavirus in the US; Tina Deng, Senior...
As the COVID-19 pandemic grows across the world, companies are beginning to accelerate their clinical trials for therapeutics and the number of trials has been...
There has been an increase in clinical trial delays due to concerns for patient and investigator safety, travel restrictions, subject quarantine, clinical site closures and...
As the COVID-19 pandemic continues to spread across the globe, cancer patients are experiencing disruptions in the treatment of their disease and are being advised...
As the number of cases rise and business sentiment tumbles, Sub-Saharan Africa is likely to see a slowdown in upstream activity for ongoing projects and final investment decisions...
According to the UK Government, nearly 15GW of wind projects, primarily offshore, have been classified as ‘awaiting construction’. These are projects waiting to secure viable...
GlobalData’s Sportcal tracking reveals there are more than 1,000 instances of automakers and dealerships actively sponsoring sports activities or teams. The estimated annual spend of those deals comes...
Following the announcement that Sunrun, the largest residential solar installer, is reported to have laid off around 100 of its employees; Somik Das, Power Analyst at GlobalData,...
Following the launch of Bio-Rad Laboratories’ serology assay to detect COVID-19 antibodies; Aliyah Farouk, Medical Device Analyst at GlobalData, a leading data and analytics company, offers...
Following the announcement by Airbus that it will cut its commercial aircraft production in light of the commercial aviation crisis worsened by the COVID-19 outbreak; Nicolas...
The industrial automation sector was not in a great place before COVID-19 struck, having been slowed by flat capital expenditure and declining industrial production, says...
The rapidly rising number of coronavirus (COVID-19) cases in the US has caused an economic slowdown in the country, which has resulted in the number and value of expected transactions...
With the advent of COVID-19 reaching over one million cases worldwide, a concerted effort will be needed to approach this growing problem. Drug development partnerships...
Following the news that the UK’s biggest travel agency has confirmed refunds are still available for travelers, Johanna Bonhill-Smith, Travel and Tourism Analyst at GlobalData...
Following today’s news that Diageo has withdrawn its annual forecast for sales and profit growth and halted its shareholder returns program; Carmen Bryan, Consumer Analyst at GlobalData, a leading data and analytics company, offers her view on...
The US was the second-largest market for wind with a total cumulative installed capacity of 105.5GW, in 2019. Despite being the second-largest market, the US depends on China for numerous components present inside the nacelle, such as transformers, converters, and inverters, which is likely to cause prices to rise, says GlobalData,...
Analysis undertaken by GlobalData, a leading data and analytics company, suggests that lost automotive volume as result of the COVID-19 crisis now stands at 3.6...
Following the recent news that Wimbledon, a prestige UK tennis tournament, is set to receive over £100m from its pandemic insurance; Ben Carey-Evans, Insurance Analyst at GlobalData, shares his insights on the events preparations for pandemics such as the coronavirus (COVID-19) outbreak: “Wimbledon has shown it is one step ahead of most businesses by having insurance in place for current events. It has been paying around £1.5m per year...
Following the news that the US Army has sent home White Sands Missile Range personnel to face the COVID-19 threat, which will postpone the limited...
Industry wide, travel companies are making staff adjustments to stay operational during this coronavirus-induced existential crisis, putting staff commitment under considerable strain, says GlobalData, a leading data and analytics company. A de-motivated workforce will...
Following newsof extensive overhauls in building regulations by the UK Government, and pledges to shame housing developers who are non-compliant with current regulation; Oliver Lockett, Analyst...
As the number of COVID-19 cases over the next two weeks is expected to peak in many countries, plans to convert hospitals into COVID-19 intensive...
Following today’s news that Tesco is expected to see significant costs due to COVID-19, including staff and operational costs; Carmen Bryan, Consumer Analyst at GlobalData, a leading data and analytics company, offers her view on the UK’s...
Following the news that Facebook’s WhatsApp is imposing new limits on message forwarding to tackle the dissemination of fake news;Laura Petrone, Senior Analyst at GlobalData,...
Following the introduction of social distancing measures, brought in to reduce the spread of COVID-19 across the globe;Emily Carter-Richardson, Pharma Analyst at GlobalData, a leading...
Stockpiling has come in two forms: the first is for products deemed as ‘essentials’ while in lockdown and the second is ‘new essentials’ or comfort...
Following the announcement that the MicroGenDx has reported fast turnaround times for COVID-19 testing using saliva tests;Dara Lo, Medical Device Analyst at GlobalData, a leading...
The coronavirus has had a drastic impact on the airline industry forcing companies such as British Airways to cease operations at major airports with developments...
In the race to find treatments for COVID-19, repurposing therapies already approved for other indications to fight the SARS-CoV-2 virus is one key strategy. Approved...
This month, the French Ministry of Ecological and Inclusive Transition awarded 960MW of solar photovoltaic (PV) capacity through different tenders, and a total of 288...
In India, around 2.3GW of solar plants were expected to be commissioned from June to August 2020. However, the delivery of these projects has been...
Following news that police in Australia have announced plans for a criminal investigation into the disembarking process of a ship that arrived in Sydney; Ben Cordwell,...
The number of deals announced in the Asia-Pacific region increased by 56.7% during the week ended 5 April 2020 compared to the previous week, according to GlobalData,...
Ventilator shortages are a critical reality as the COVID-19 outbreak continues to worsen globally. According to GlobalData analysis, around 880,000 more ventilators are in demand...
The financial devastation caused by the COVID-19 outbreak is forcing companies across sectors to slice dividends, says GlobalData, a leading data and analytics company. Reeling from...
As the number of coronavirus (Covid-19) cases continue to increase in India, AgVa Healthcare with its cost-effective portable ventilator is best placed to capitalize on the growing...
The push for digital payments and the fear of coronavirus (Covid-19) spread through the handling of cash are driving the adoption of electronic payments in Singapore, says GlobalData,...
The total growth of UK payment transactions has been revised down due to the coronavirus (COVID-19), according to estimates by GlobalData, a leading data and...
As even the largest players are forced to contend with unprecedented levels of disruption thanks to COVID-19, Marriott has announced mitigation plans that outline a...
Remote patient monitoring (RPM) is accelerating the development and validation of digital biomarkers to help identify patients that are at risk from the coronavirus (COVID-19), supporting...
The UK’s continuous positive airway pressure (CPAP) device market is set to reach $45.5m by 2028, growing at a compound annual growth rate (CAGR) of...
In the key markets most heavily affected by the coronavirus (COVID-19), case trends are expected to follow a low-risk forecast, with the exception of the...
Nine of the global top ten venture capital (VC) investors (by number of investments) in the artificial intelligence (AI) space in 2019 were headquartered in...
China is the epicenter of the coronavirus (Covid-19) pandemic and its impact on the country’s payments industry is that cash transactions will see significant decline while card...
Following the news that India-based genetic and microbiome testing company Bione has received approval for its coronavirus (Covid-19) diagnostic test kit from the Indian Council of Medical...
Following the news that the EU council will not abandon the principles of the Green Deal in its fiscal response to the coronavirus (COVID-19) pandemic; Ella...
The uncertainty of the times threatens the future of the travel industry, however, operators that continue to touch base with their consumers now will emerge...
As the Chinese Government announces it will maintain subsidies for electric vehicles and plug-in hybrids, an indication that it will support the industry in recovery; David...
Leading data and analytics company GlobalData has revised its construction output growth forecast for Sub-Saharan Africa (SSA) in 2020 to 3.6%, down from the previous...
Following the news that top bosses at Royal Caribbean Cruises are taking six-month pay cuts amid the coronavirus (COVID-19) crisis; Ben Cordwell, Travel & Tourism Analyst at...
Manufacturers across the automotive industry are working at breakneck speed, and with some success, to produce and assemble critical ventilators needed to combat the coronavirus...
Following the news that coronavirus (Covid-19) hit Indian shared mobility service providers are turning to layoffs and salary cuts to keep business afloat; Animesh Kumar, Director of Automotive Consulting...
COVID-19 has a significant impact on patients with pre-existing conditions, many of which fall under the cardiovascular (CV) and metabolic disorder (CVMD) category. The current...
Digital solutions to new car purchase that avoid human contact are one area of retail that will get a boost from the coronavirus (COVID-19) crisis,...
Prior to the coronavirus (COVID-19) outbreak, leading data and analytics company GlobalData had predicted that there would be an acceleration in the pace of growth in the global construction industry, but given the severe disruption in China and...
One of the immediate effects of the coronavirus (COVID-19) pandemic on the oil and gas industry has been a global glut of crude oil supply amid already weak demand, resulting in a significant drop in oil prices. Ongoing projects across...
The number of deals announced in the global travel and tourism sector decreased by 60% during the week ended March, 29, 2020 compared to the previous week, according to GlobalData’s deals database. The travel and tourism sector has been affected badly since the outbreak...
The number of venture capital (VC) funding announced deals declined by 22.5% during the week ended March, 29, 2020 compared to the previous week, according to GlobalData’s deals database. The subdued funding activity has been continuing in...
With UK and Ireland construction firms announcing site closures, project delays and profit warnings amid the coronavirus (COVID-19) outbreak; Moustafa Ali, Economist at GlobalData, a leading...
Following the news that light vehicle sales in the US fell nearly 39% in March compared with last year; David Leggett, Automotive Editor at GlobalData, a...
Following the coronavirus (COVID-19) outbreak, independent operators will see slowdowns in the on-trade sector. However, the UK-based craft beer club, Beer52, has created an innovative way to stay engaged with its consumers through hosting the world’s first online craft beer festival. Initiatives such as this...
A total of 152 deals were announced in the global healthcare sector, including pharmaceuticals and medical equipment, during the week ended March 29, which represents...
Prior to the coronavirus (COVID-19) pandemic, the global coronary stent market was worth $5bn in 2019 and was set to grow at a compound annual...
The coronavirus (COVID-19) pandemic has had a dramatic impact on the in vitro diagnostics (IVD) testing market resulting in reagent shortages, new product launches and a host of new pipeline products entering development, says GlobalData, a leading data and analytics company. The current test used...
The outbreak of the novel coronavirus (COVID-19) pandemic has led to a slowdown of economic activities in China and the wind power industry will be...
A total of 837 deals were announced globally during the week ended March 29, 2020, which is a decrease of 19.7% over the 1,042 deals...
A total 215 deals were announced in the Asia-Pacific (APAC) region during the week ended March, 29, 2020, which is a decrease of 18.6% over...
Following the news that Carnival Corporation is securing finances of at least $6bn to combat the effects of the coronavirus (COVID-19); Ben Cordwell, Travel & Tourism...
Global copper production in 2020 is expected to be impacted by the coronavirus (COVID-19) outbreak. After declining by 1.9% in 2019 to 20.6 million tonnes...
The hotel industry’s vulnerabilities are multi-faceted, but its ability to deal with impacts associated with these vulnerabilities in the past stands it in good stead to overcome the coronavirus (COVID-19) pandemic, Ralph Hollister, Analyst,...
Following the news that WeWork is struggling to secure a vital cash injection hit by falling demand from tenants amid the coronavirus (COVID-19) crisis; Laura Petrone,...
Following news that cruise operator Royal Caribbean has urged its trade partners to be ready for a bounce back once the coronavirus (COVID-19) travel restrictions...
Major players in the hotel industry are using loyalty schemes in order to create value for their customer base and increase demand during and after...
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...
The rapid spread of the coronavirus (COVID-19) has caught most of the auto industry on the back foot and companies are now looking to open...
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...
The Slack collaboration tool will play a key role for businesses in successfully negotiating the impact of the coronavirus (COVID-19), according to GlobalData, a leading data and analytics company. Slack has gained a leading position in the Coronavirus theme, according to the latest Thematic Scorecard for the application software sector. The collaboration software vendor gained the highest Thematic score (5 out of 5) for the Coronavirus theme....
As the oil and gas sector comes to terms with decade-low oil prices and global disruptions caused by the coronavirus (COVID-19), company costs and investments are being slashed with over US$50bn pledged to date and more on the horizon, says GlobalData, a leading...
Following the temporary closure of a number of significant French airports (Paris Orly Airport, Montpellier-Méditerranée and Nantes-Atlantique) as a result of the coronavirus (COVID-19) pandemic; John Vandesquille, Research Analyst at GlobalData, a...
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...
Following today’s news that McDonald’s is reportedly letting consumers choose what is on the menu upon its reopening after the coronavirus (COVID-19) outbreak ends; Carmen Bryan, Consumer Analyst...
Following news that Holland American Line vessel, Zaandam, will receive coronavirus (COVID-19) test kits after passengers and crew reported as having influenza-like symptoms; Ben Cordwell, Travel...
As the coronavirus (COVID-19) pandemic rages on, there is a worry that healthcare systems will be overwhelmed by an influx of patients. In order to...
Following the recent news that the coronavirus (COVID-19) has now spread across 176 countries with approximately 530,000 total confirmed cases worldwide as of 27.03.20; Katie Wrenn, Associate...
Following the announcement by Chancellor Rishi Sunak that the UK government will only step in to support airlines as a last resort, a clear divergence...
The coronavirus (COVID-19) is by far the most significant theme to affect the technology/telecom industry in 2020. However, its effect is going to be short-term. In the...
Anticipating increased demand for personal protective equipment (PPE) products following the rising number of coronavirus (Covid-19) cases, India has recently decided to ban their exports. However, as...
Motor insurance, which is a dominant business line in the Japanese general insurance market, is set to witness stagnation over the next four years due to the...
As the number of global coronavirus (COVID-19) cases continues to rise, governments around the world are taking unprecedented measures, to contain the spread and support their economies...
The spread of coronavirus (COVID-19) across the globe is having devastating effects on consumers’ lives, global politics and the global economy – one topic of discussion that seems to have been put on the back...
Following the news that Royal Caribbean has agreed a $2.2bn loan facility with banks to shore up cash flows as the coronavirus (COVID-19) pandemic hits travel companies; Ben Cordwell, Travel & Tourism Analyst...
With several mega cap biopharma companies having their vital manufacturing steps in Chinese facilities, the novel coronavirus (Covid-19) outbreak is putting the complicated global biopharma industry's supply chain...
Following the news that India has approved US$1.3bn* (INR10Kbn) healthcare package to boost the domestic manufacturing of active pharmaceutical ingredients (API); Prashant Khadayate, Pharma Analyst at GlobalData, a leading data and...
The medical effects of coronavirus (Covid-19) on Australia are still building, with caseloads rising and likely to continue doing so for some time. While still early days, indicators...
The number of coronavirus (COVID-19) cases in the US has been growing exponentially over the past few weeks and at an average of 41% per...
After a period of sweeping announcements by European automakers that they are halting production at European plants for several weeks; Calum MacRae, Automotive Analyst at GlobalData,...
Following today’s news (Monday 23 March) that Primark is set to lose £650m of net sales per month while its stores are closed: Chloe Collins, Senior Retail Analyst at...
With the spread of coronavirus (COVID-19) to several countries and the World Health Organization (WHO) declaring it as a pandemic, the ripple effects can also...
The coronavirus (COVID-19) is by far the most significant theme to affect the technology industry in 2020. It will put incredible strain on the world economy, which will be effectively halted for...
The coronavirus (COVID-19) is by far the most significant theme to affect the technology industry in 2020. It will put incredible strain on the world economy, which will be effectively halted for three months or more....
The coronavirus (COVID-19) is by far the most significant theme to affect the technology industry in 2020. It will put incredible strain on the world economy, which will be effectively halted for three months...
The coronavirus (COVID-19) is by far the most significant theme to affect the technology industry in 2020. Even before COVID-19 struck, the industrial automation sector exhibited a flat picture in need of new thinking and inspired investment, says GlobalData, a...
The coronavirus (COVID-19) is by far the most significant theme to affect the technology industry in 2020. It will put incredible strain on the world economy, which will be effectively halted for...
The coronavirus (COVID-19) will by far have the most impact on the technology industry in 2020. It will put incredible strain on the world’s economy,...
As the world enters lockdown, there will be many consequences for the tech, media and telecoms (TMT) industry. Some will fare relatively well in the...
Use of telemedicine in the US has been low to date. However, it is expected that demand for these services will increase dramatically over the...
Following the news that global oil prices plummeted to an 18-year low on March 18 as a result of the coronavirus-fueled demand shock and the...
Following a response to recent announcements in which both leading video streaming giants Netflix and Alphabet’s YouTube have agreed to reduce the streaming quality of...
With the number of confirmed cases of the coronavirus (COVID-19) continuing to rise in Latin America, many countries are taking drastic measures and closing their...
Following the expected cuts in capital expenditure (capex) for shale operators in the Bakken due to demand shock from the coronavirus (COVID-19) and supply shock...
Following the cancelation of the 2020 Scientific Session due to the coronavirus (COVID-19), the American College of Cardiology (ACC) has created a virtual three-day scientific...
Thermo Fisher Scientific is expected to produce millions of coronavirus (COVID-19) diagnostic tests following the acquisition of Qiagen for an approximate transaction value of US$11.5bn...
Since the outbreak of COVID-19 was confirmed, GlobalData has been closely monitoring and ensuring the timely implementation of the recommendations and advice of the World Health Organization (WHO)...
Concerns around the coronavirus (COVID-19) outbreak in China and its subsequent outbreaks in several other nations are expected to have a large impact on the...
Following the news that Ford, General Motors and Fiat Chrysler (FCA) are shutting their North American manufacturing plants through March 30 in response to the...
The recent coronavirus (COVID-19) outbreak is adding further woes for the oil and gas industry, which is already plagued by oversupply and declining prices. This...
Travel restrictions are being deployed as a key weapon in the war against the coronavirus (COVID-19). Much publicized bans and restrictions have decimated the airline...
The collapse of oil prices in March triggered by the coronavirus (Covid-19) pandemic is putting renewed pressure on the finances of the Gulf states and could provide...
On March 11, the worst fears of Saudi Arabia’s construction industry were confirmed by a report from leading data and analytics company GlobalData that government ministries had...
Following the recent news that Dubai-based carrier Emirates Group asked staff to take paid and unpaid leave in response to the effect of the new coronavirus (Covid-19) on...
General Motors’ (GM) optimism around its electric vehicles (EV) program and its strategy to increase profitability is fueling growth in sentiments, says GlobalData, a leading...
The impact of the coronavirus (Covid-19) outbreak on industries ranging from technology to automotive has been the subject of intense analysis in the recent months. This has...
Following news that car sales in China plunged 80% in February due to the impact of measures to tackle the coronavirus (Covid-19), David Leggett, Automotive...
Following the news that LV= has stopped offering travel insurance and Aviva has altered its travel offering to exclude travel disruption following the spread of...
Following the news that the US has suspended arrivals from 26 European countries in a bid to tackle the coronavirus outbreak; Ralph Hollister, Travel & Tourism...
Following the news that Honda and Nissan have resumed limited manufacturing operations following coronavirus shutdowns at factories in Hubei province, China; David Leggett, Automotive Editor at...
There are more than 160,000 patients undergoing percutaneous coronary interventions to treat cardiogenic shock each year, yet only just fewer than 5,000 are currently treated...
The Indian medical devices industry is heavily dependent on China for raw materials and electronic components. However, as the number of coronavirus (Covid-19) cases continues to rise,...
The Boeing 737 MAX’s grounding put Delta in the pole position to overcome the competition, in terms of sentiments, as Delta Air Lines saw an...
Coronavirus is being cited as a main cause for Flybe falling into administration, but the writing has been on the wall for the airline since its profit...
The statement from the World Health Organization (WHO) that we are in “uncharted territory” on the coronaries outbreak comes as no surprise as Covid-19 infections...
Global light vehicle sales figures from the first month of 2020 should make for alarming reading. Just 6.2 million were sold in January, - the lowest monthly figure since January 2012, which saw 5.9 million units...
As fear over the coronavirus builds, people are beginning to question whether they should travel abroad, with many cancelling or re-arranging their Summer holiday plans....
On the first press day of the cancelled Geneva Motor Show, the organisers are promoting a 'virtual press day' made up of livestreamed carmaker presentations...
Hong Kong’s construction industry is expected to suffer another year of contraction in 2020 by 3%, making it the fourth consecutive year of decline. However, the industry...
Following the news that India’s domestic automotive sales continue to decline in February 2020; Animesh Kumar, Director of Automotive Consulting at GlobalData, a leading research and consulting company, offers...
British car production fell by 2.1% in the first month of 2020, according to figures released by the Society of Motor Manufacturers and Traders (SMMT); David...
Following the news today that next week's 90th Geneva Motor Show has been cancelled; David Leggett, Automotive Editor at GlobalData, a leading data and analytics company,...
The coronavirus (Covid-19) outbreak, which was first reported from Wuhan in China on 31 December 2019, quickly spread to become a global emergency. The number of...
Following the news that PepsiCo Inc has entered into a definitive agreement to acquire Hangzhou Haomusi Food Co Ltd, better known as Be & Cheery, for US$705m;...
Following the news that the organisers of the upcoming Geneva Motor Show have issued wide-ranging health advice for exhibitors and visitors attending next week's show; David...
Following the news of serious coronavirus outbreaks outside of Asia, the tourism industry must ready itself for a rocky ride. Nick Wyatt, Head of R&A and...
Following today’s news that Clover and GSK have announced a research collaboration to evaluate a coronavirus (COVID-19) vaccine, and also that the US government wants...
As China battles to contain the Wuhan coronavirus (Covid-19) outbreak, the effect of the epidemic is dampening the prospect of upturn for the world’s second largest economy,...
Following the news that the Australian Competition & Consumer Commission (ACCC) has given the nod to China Mengniu Dairy Company Ltd (Mengniu) for the proposed acquisition of Lion...
A new case definition for COVID-19 in China has resulted in a spike in the number of reported cases of the disease, says GlobalData, a...
The start of 2020 has been defined by Coronavirus, which to date has killed over 1,000 people and impacted the lives of thousands more. Yamina Tsalamlal,...
Sterling and Wilson, one of the leading India-based engineering, procurement and construction (EPC) players in the power sector, recently issued a statement that the spread of coronavirus in...
Following the news that Apple does not expect to meet its revenue guidance for the March quarter; Lynnette Luna, Principal Analyst at GlobalData, a leading data...
Following the news that The Food Revolution Group looks increase the production of hand sanitizer to meet the mounting demand in the Asia-pacific (APAC) region in the wake...
Following remarks by Jaguar Land Rover (JLR) chief Dr Ralph Speth suggesting that the company faces a shortage of key components needed for its UK...
From the coronavirus to fighting vaccine sceptics, leading data and analytics company GlobalData lists ten of the most popular tweets on infectious diseases in January 2020, based on data from the company’s Influencer Platform. 1. Laurie Garrett’s tweet on...
Following the news that this year's Beijing auto show - planned for April - is being postponed due to the coronavirus health crisis; David Leggett, Automotive...
The health and wellness tourism trips to Asia are forecast to reach 128.3 million by 2022 that will help Asia to become the world’s fastest...
The outbreak of Coronavirus has far-reaching impacts ranging from the shutdown of factories, challenging job conditions and supply chain disruption. With these impacts, more businesses with exposure to...
Although the new trade deal signed between the US and China in January 2020 was a positive move towards the revival of trade lines that are...
Following the news that the impact of coronavirus on Southeast Asian (SEA) tourism industry could result in a significant hit; Animesh Kumar, Director of Automotive and Travel & Tourism...
Following the news that Nissan has filed a $90m lawsuit against its former chairman Carlos Ghosn, who jumped bail in Japan last year while facing...
Following the news that Wuhan coronavirus has now become a full-scale public health crisis; Tapas Bhowmik, Insurance Analyst at GlobalData, a leading data and analytics company, offers his...
Following the news that Fiat-Chrysler (FCA) is warning that it could halt production at a European plant in a matter of weeks; David Leggett, Automotive Editor...
Following the news today that UK car output declined by 14.2% in 2019 to 1.3 million units – the lowest annual total since 2010; David Leggett,...
Following the news that Hong Kong is restricting its borders with the mainland to limit the spread of coronavirus; Ben Cordwell, Travel & Tourism Analyst at GlobalData, a leading data...
As the coronavirus crisis deepens, there are rising concerns over the potential economic impact, including for the global automotive industry; David Leggett, Automotive Editor at GlobalData,...
