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HSBC has officially shut down Zing, its $150 million attempt to challenge fintech giants like Wise and Revolut in cross-border payments. The ambition was clear: create a cutting-edge app with low fees and sleek functionality to capture a share of the booming international payments market. In 2024, $503 trillion in cross-border payments were made, underscoring […]
Multi-channel commerce, stronger promotional deals, and social media marketing to shape foodservice trends in 2025, says GlobalData
Several emerging trends and themes in the foodservice sector, such as multi-channel commerce, innovation in deals and promotions, and the impact of social media marketing, are expected to play a greater role in shaping consumer preferences and behavior in 2025. GlobalData, a leading data and analytics company, offers its view on five key trends/themes that […]
Hydrogen economy development enters critical phase, says GlobalData
The hydrogen economy has recently experienced some hiccups in its growth story. Apparently, demand for this commodity is not rising at the pace it was envisaged back in 2020 when companies had aggressively announced their energy transition plans. As more industries, such as steel, transportation, and power, try to decarbonize their operations, the demand for […]
Nike’s Q4 advertising strategy focuses on innovation, dedication, and inspiration to strengthen brand, reveals GlobalData
NIKE Inc’s (Nike) YouTube advertising campaigns spanning from October to December (Q4) of 2024 demonstrates a multifaceted approach to brand building, combining motivational storytelling, innovative product showcases, and cultural celebrations to engage a wide range of consumer segments. These campaigns, which feature themes of athletic dedication and playful nostalgic collaborations, emphasize Nike’s expertise in athletic […]
South Korea bone graft and substitutes market to grow at 4% CAGR through 2033, forecasts GlobalData
The increasing prevalence of orthopaedic conditions such as osteoarthritis, osteoporosis, and trauma-related injuries is driving the need for innovative and efficient bone regeneration solutions. Against this backdrop, South Korea’s bone graft and substitutes market is set to grow at a compound annual growth rate (CAGR) of around 4% through 2033, says GlobalData, a leading data […]
US pulsed field ablation market revenue surpasses $500 million in 2024, reveals GlobalData
Pulsed field ablation (PFA) is a treatment for atrial fibrillation, an irregular heartbeat disorder, with a lower chance of damaging surrounding structures than previous methods. PFA uses electrical pulses that allow for a more targeted approach in order to only destroy abnormal tissue. PFA revenue exploded in Q1 2024 after FDA approvals for Boston Scientific’s FARAPULSE […]
Samsung Unpacked 2025 brings AI centerstage, says GlobalData
Following the news on 22 January that Samsung has unveiled Galaxy S25 series of phones at Unpacked 2025 event, Anisha Bhatia, Senior Technology Analyst at GlobalData, a leading data and analytics company, offers her view: “Samsung’s Galaxy Unpacked 2025 event emphasized the significance of software and AI capabilities over hardware advancements in its new Galaxy […]
Houlihan Lokey top M&A financial adviser in automotive sector in 2024, reveals GlobalData
Houlihan Lokey was the top mergers and acquisitions (M&A) financial adviser in the automotive sector during 2024 by both value and volume, according to the latest financial advisers league table by GlobalData, a leading data and analytics company. An analysis of GlobalData’s Deals Database has revealed that Houlihan Lokey achieved the leading position by advising […]
GlobalData tracks 40 years of innovation in FDA review designations
Regulatory authorities, particularly the US FDA, have played a crucial role in accelerating and incentivizing the development of innovative treatments through review designations. Since the first designation in 1984, the FDA has seen a substantial rise in the number of designations granted, reaching 694 in 2020. This surge reflects key pharmaceutical milestones, including the biotech […]
Mega M&A amid JPM 2025 signals potential biopharmaceutical M&A rebound, says GlobalData
The 43rd Annual JP Morgan Healthcare Conference kicked off with multi-billion-dollar mergers and acquisitions (M&A) announcements from Johnson & Johnson, Eli Lilly, and GSK. These transactions signal a return in biopharmaceutical deal-making confidence following subdued activity in 2024, with industry experts predicting larger deals in 2025 driven by regulatory changes and pipeline refueling needs, according […]
Latham & Watkins and CMS top M&A legal advisers in power sector in 2024, reveals GlobalData
Latham & Watkins and CMS were the top mergers and acquisitions (M&A) legal advisers in the power sector during 2024 by value and volume, respectively, according to the latest legal advisers league table by GlobalData, a leading data and analytics company. An analysis of GlobalData’s Deals Database has revealed that Latham & Watkins achieved its […]
Slaughter and May and Kirkland & Ellis top M&A legal advisers in automotive sector in 2024, reveals GlobalData
Slaughter and May and Kirkland & Ellis were the top mergers and acquisitions (M&A) legal advisers in the automotive sector during 2024 by value and volume, respectively, according to the latest legal advisers league table by GlobalData, a leading data and analytics company. An analysis of GlobalData’s Deals Database has revealed that Slaughter and May […]
Navigating Trump’s tariffs and social media key strategic priorities for retailers in 2025, says GlobalData
2025 will present significant challenges for retailers globally, as geopolitical issues and the disruptive force of AI continue, with the added challenge of navigating the impacts of the Trump administration, says GlobalData, a leading data and analytics company. GlobalData’s latest report, “Strategic Intelligence: Top Themes in Retail and Apparel 2025,” reveals that international trade and […]
Lazard top M&A financial adviser in power sector in 2024, reveals GlobalData
Lazard was the top mergers and acquisitions (M&A) financial adviser in the power sector during 2024 by value as well as volume, according to the latest financial advisers league table by GlobalData, a leading data and analytics company. An analysis of GlobalData’s Deals Database has revealed that Lazard achieved this leading position by advising on […]
Demographic changes and new reporting standards will drive growth in South Korea insurance industry, says GlobalData
The South Korean insurance industry is expected to grow at a compound annual growth rate (CAGR) of 3.4% during 2025-29, from KRW218.3 trillion ($167.1 billion) in 2025 to KRW249.7 trillion ($191.2 billion) in 2029, driven by demographic changes and the implementation of new reporting standards such as IFRS 17 and K-ICS, says GlobalData, a leading […]
AI and cybersecurity drive SMB market, with telecom providers targeting SOHOs for future expansion, says GlobalData
The small and medium-sized business (SMB) market is witnessing a growing emphasis on artificial intelligence (AI) and cybersecurity, with telecom service providers increasingly focusing on small office/home office (SOHO) businesses as the next key target. As AI and cybersecurity solutions gain traction, service providers are expanding their reach beyond mature markets, particularly in regions like […]
Paul, Weiss, Rifkind, Wharton & Garrison and Kirkland & Ellis top M&A legal advisers in construction sector in 2024, reveals GlobalData
Paul, Weiss, Rifkind, Wharton & Garrison and Kirkland & Ellis were the top mergers and acquisitions (M&A) legal advisers in the construction sector during 2024 by value and volume, respectively according to the latest legal advisers league table by GlobalData, a leading data and analytics company. An analysis of GlobalData’s Deals Database has revealed that […]
AdventHealth and Biofourmis partnership marks pivotal step in expanding whole-person care at home in US, says GlobalData
AdventHealth has recently partnered with Biofourmis to launch the AdventHealth Hospital at Home program in Florida in the US, enabling inpatient-level care for patients in the comfort of their homes. This initiative leverages Biofourmis’ enterprise platform, which combines continuous monitoring, FDA-cleared AI algorithms, and remote clinical care teams to provide personalized, holistic care. The partnership […]
Customers prioritize quality furniture as confidence begins to rise, says GlobalData
After a challenging economic period marked by inflation and uncertainty, UK furniture and floorcoverings shoppers are increasingly prioritizing quality as financial pressures start to ease, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, “UK Sector Series: Furniture & Floorcoverings, 2023-2028”, reveals that consumers are starting to opt for higher quality furniture […]
Morgan Stanley and Clearwater International top M&A financial advisers in construction sector in 2024, reveals GlobalData
Morgan Stanley and Clearwater International were the top mergers and acquisitions (M&A) financial advisers in the construction sector during 2024 by value and volume, respectively, according to the latest financial advisers league table by GlobalData, a leading data and analytics company. An analysis of GlobalData’s Deals Database has revealed that Morgan Stanley achieved its leading […]