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GlobalData

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The FT, Sky News, Bloomberg, WSJ, along with over 77 other leading press organisations worldwide quote our data and insight and consider us a trusted, independent source.

AI-driven predictive maintenance gaining traction in power industry, says GlobalData

Artificial intelligence (AI)-enabled predictive maintenance stands out as a key component in the pursuit of enhanced reliability and cost-effectiveness in the power industry. This advanced approach is revolutionizing operations in power plants by improving the predictability of equipment upkeep, optimizing the allocation of resources, and enhancing overall plant efficiency. It has the potential to decrease […]
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Clayton UTZ and Cassels Brock & Blackwell top M&A legal advisers in metals & mining sector in H1 2025, reveals GlobalData

Clayton UTZ and Cassels Brock & Blackwell were the top mergers and acquisitions (M&A) legal advisers in the metals & mining sector during the first half (H1) of 2025 by value and volume, respectively according to the latest legal advisers league table by GlobalData, a leading data and analytics company. An analysis of GlobalData’s Deals […]
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E-commerce and digital trends propel Taiwan credit card payments beyond $150 billion in 2025, forecasts GlobalData

Taiwan’s (Province of China) credit card payments market is projected to grow by 7% in 2025 to reach TWD5 trillion ($156.2 billion), driven by rising consumer preference for non-cash transactions. Growth is supported by expanding e-commerce, contactless payment adoption, and value-added benefits such as cashback and instalments, despite headwinds from global economic uncertainty and the […]
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US tariffs on Mexican and Brazilian imports could make Coca-Cola’s cane sugar reformulation expensive, says GlobalData

On July 17th, US President Donald Trump announced that he had secured from Coca-Cola an agreement to replace high fructose corn syrup with cane sugar as the sweetening agent in Coca-Cola. This can be understood as part of the Trump administration’s ‘Make America Healthy Again’ initiative, which is partly characterized by increased scrutiny on the […]
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APAC automotive electric power steering market to record 1.3% CAGR over 2024-29, forecasts GlobalData

The automotive landscape in the Asia-Pacific (APAC) region is undergoing a transformative shift, particularly in the realm of steering systems. As the demand for electric vehicles (EVs) surges and technological advancements accelerate, steering systems are evolving to meet the needs of modern consumers while enhancing safety, efficiency, and sustainability. Against this backdrop, the APAC electric […]
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Kirkland & Ellis and Skadden, Arps, Slate, Meagher & Flom top M&A legal advisers in South & Central America in H1 2025, reveals GlobalData

Kirkland & Ellis and Skadden, Arps, Slate, Meagher & Flom were the top mergers and acquisitions (M&A) legal advisers in the South & Central American region during the first half (H1) of 2025 by value and volume, respectively, according to the latest legal advisers league table by GlobalData, which ranks legal advisers by the value […]
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Credit cards to drive South Korea payment market to over $950 billion in 2025 despite economic slowdown, forecasts GlobalData

South Korea’s card payments market is set to grow by 3.8% in 2025, reaching KRW1.3 quadrillion ($969.8 billion), driven by rising consumer spending. Despite economic challenges, the country’s high card usage, expanding POS infrastructure, and strong preference for credit cards with value-added benefits continue to support digital payment adoption and maintain South Korea’s leadership in […]
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Jefferies, Mizuho and Morgan Stanley top M&A financial advisers by value in South & Central America in H1 2025, Citi leads by volume, reveals GlobalData

Citi was the top mergers and acquisitions (M&A) financial adviser in the South & Central America region during the first half (H1) of 2025 by volume, while Jefferies, Mizuho Financial Group (Mizuho), and Morgan Stanley jointly occupied the top position by value, according to the latest financial advisers league table by GlobalData, which ranks financial […]
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European medtech companies to face uphill battle to maintain market shares from China’s import restrictions, says GlobalData

European medical device manufacturers are facing fresh pressure after China introduced new procurement limits on foreign-made equipment this month. The policy bars state hospitals and institutions from buying European devices in contracts exceeding 45 million yuan (roughly $6.3 million). This price range covers many of the most advanced tools used in hospitals. Medical giants such […]
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Australia eyes medtech leadership with bold investment drive, says GlobalData

Australia’s bold $65.5 million investment in biomedical and medical technologies (medtech) marks a strategic shift toward healthcare innovation and self-reliance. By boosting domestic R&D and manufacturing, the country aims to improve patient outcomes and reduce import dependency. With additional funding for chronic disease solutions, Australia is positioning itself as a hub for next-generation medical device […]
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FDA approves 127 innovator and biosimilar drugs in 2024, marks shift in pharmaceutical approval landscape, says GlobalData

The US Food and Drug Administration (FDA) announced the approval of 127 innovator and biosimilar drugs in 2024, a notable decrease from the 149 approvals recorded in 2023. Despite the decline in overall approvals, the year saw a remarkable surge in innovative drug approvals, particularly from small pharmaceutical companies, many of which secured their first […]
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