Business Fundamentals

Sumitomo Mitsui Asian expansion strategy gets new push with Fullerton India, says GlobalData

Following the news that Japan-based Sumitomo Mitsui Financial Group (SMFG) has agreed to buy 74.9% equity stake in Fullerton India Credit Company Ltd (FICC) for US$2bn; Aurojyoti Bose, Lead Analyst at GlobalData, a leading data and analytics company, offers his view: “Despite the COVID-19 pandemic, SMFG continues its acquisition spree as predicted by GlobalData in […]

JP Morgan was top M&A financial adviser for H1 2021, says GlobalData

JP Morgan was the top financial adviser for mergers and acquisitions (M&A) deals by both deal value and volume for H1 2021, having advised on 257 deals worth US$633.3bn, according to GlobalData, a leading data and analytics company. Goldman Sachs occupied the second position by both deal value and volume with 252 deals worth US$616bn. […]

Business Fundamentals

Simpson Thacher & Bartlett and Kirkland & Ellis were top legal advisers by value and volume for H1 2021, says GlobalData

Simpson Thacher & Bartlett and Kirkland & Ellis were the top mergers and acquisitions (M&A) legal advisers for H1 2021 by value and volume, respectively, according to GlobalData’s Financial Deals Database. Simpson Thacher & Bartlett advised on 134 deals worth US$371.2bn, which was the highest value among all the advisers. Meanwhile, Kirkland & Ellis led […]

Business Fundamentals

Influencers see Nissan investment in electric hub creating thousands of jobs in UK, reveals GlobalData

Nissan Motor Company, Ltd (Nissan) unveiled its plan to invest £1bn (US$1.4bn) in Sunderland, the UK for electric vehicle hub, ‘EV36Zero’, which led influencer conversations on Twitter to jump by 400% during the first week of July 2021 over the previous week, according to GlobalData, a leading data and analytics company. Smitarani Tripathy, Influencer Analyst […]

Business Fundamentals

Qualcomm most mentioned company among influencer discussions during MWC2021, reveals GlobalData

Qualcomm Incorporated (Qualcomm) has emerged as the top mentioned company among the discussions of top influencers on Twitter during the Mobile World Congress 2021 (MWC2021), as the American tech giant unveiled ‘Snapdragon 888 Plus’, with improved artificial intelligence (AI) engine and industry’s first 3GPP Release 16 5G Open RAN platform. Smitarani Tripathy, Influencer Analyst at […]

Business Fundamentals

Apple, Intel give boost to TSMC chip technology leadership, says GlobalData

Following the news that Intel and Apple are testing their chip designs with Taiwan Semiconductor Manufacturing Co’s (TSMC) 3-nanometer production technology; Parth Vala, Analyst at GlobalData, a leading data and analytics company, offers his view: “The development is a big boost to TSMC’s objective of maintaining and strengthening technology leadership as it continues to […]

Business Fundamentals

Governments must ensure global economic recovery is sustained amid rising inflation rates, says GlobalData

Economic recovery is picking up pace in major economies accompanied by rising prices as production units are struggling to keep pace with the ever-rising consumer demand. GlobalData, a leading data and analytics company, forecasts inflation rates will rise in the US (by 2.5%), UK (0.9%), Germany (2%), Russia (1.6%), Brazil (2.7%), and Canada (1.5%) in […]

Business Fundamentals

Global economic growth forecast revised up to 6.14% for 2021 as economic activities gain traction, says GlobalData

With economic activities gaining traction along with progress in COVID-19 vaccination drives, GlobalData, a leading data and analytics company, has revised its 2021 global GDP growth rate forecast from 4.87% on 15 February 2021 to 6.14% on 21 June 2021. Emerging and developing economies’ growth is forecasted at 6.26% in 2021, with robust pickup in […]

Business Fundamentals, Technology

Zoom significantly increases hiring for Zoom Phone amid growing interest for hybrid work, finds GlobalData

After over a year of rapid growth, Zoom Video Communications emerged as a key company in the video teleconferencing space and more companies are moving to remote work processes that has become a norm. Interestingly, Zoom’s hiring activity shows that the company is increasing focus on Zoom Phone, its cloud phone system, even as hybrid work […]

Business Fundamentals

Industrial output to aid China economic growth but COVID-19 resurgence may act as dampener, says GlobalData

Following today’s release that the purchasing managers’ index (PMI) for China’s manufacturing sector came in at 50.9 in June 2021 in the backdrop of recovery of economic activities; Gargi Rao, Economic Research Analyst at GlobalData, a leading data and analytics company, offers her view: “Despite the resurgence of COVID-19 cases in the major export province […]

Business Fundamentals

Easing restrictions to spur demand in Indian cities in 2021, says GlobalData

From mid-June 2021 Indian states started easing COVID-19 induced lockdown in a cautious way to get back to normal. As a result, six major metropolitan areas are forecasted to grow by 9.7% in real terms in 2021 and unemployment rate is set to decline by 0.9 percentage points over the last year, says GlobalData, a […]

Business Fundamentals

Android creates buzz among influencers post Windows 11 release, finds GlobalData

Microsoft Corporation (Microsoft) unveiled its next version of desk operating system ‘Windows 11’, during a virtual event on 24 June 2021. This led to a surge in influencer conversations on Twitter, according to GlobalData, a leading data and analytics company. ‘Android’ emerged as the most mentioned trend among influencer discussions in GlobalData’s influencer activity tracker […]

Business Fundamentals

PVH’s active job postings have increased by over 400% since Q2 2020, with focus on sustainability, finds GlobalData

The number of active job advertisements at PVH has increased by over 400% since Q2 2020 as the company ramps up hiring globally. The company has also made a considerable jump in hiring sustainability roles, from two jobs advertised in Q2 2020 to 26 in Q1 2021. Out of 96 total posted jobs in June […]

Business Fundamentals

Economic recovery projected in 2021 for major European nations that were in recession in Q1 2021, says GlobalData

Major European nations witnessed contraction in real GDP in Q1, with the UK seeing -6.1%, Germany -3.1%, Italy -0.8%, and Spain -0.1%. However, Q2’s vaccination drives and reopening initiatives are expected to aid economic recovery, with the top ten European nations by nominal GDP expected to grow at an average annual rate of 4.5% in […]

Business Fundamentals

Dave & Buster’s emerges from filing bankruptcy and increases hires, finds GlobalData

After a challenging year of heightened financial constraints and layoffs, Dave & Buster’s is on a hiring spree with a focus on providing innovative entertainment experiences. The surge in listings comes after a year of low hiring activity with a total of 300 jobs posted between June 2020 and April 2021. However, job postings rebounded […]

Business Fundamentals

JioPhone Next affordability may attract potential customers, says GlobalData

Reliance Jio Infocomm Limited (Reliance Jio) witnessed a dramatic jump of 200% in influencer conversations on Twitter during the last week of June 2021 over the previous week, following the announcement of its most affordable android phone JioPhone Next and collaboration with Google Cloud for 5G, during its 44th annual general meeting, according to GlobalData, […]

Business Fundamentals

COVID-19 fails to derail Sumitomo Mitsui Financial Group Asia expansion plans, says GlobalData

Following the news that Japan-based Sumitomo Mitsui Financial Group (SMFG) agreed to invest around JPY10bn to buy 5% stake in the Philippines-based Rizal Commercial Banking Corp (RCBC); Aurojyoti Bose, Lead Analyst at GlobalData, a leading data and analytics company, offers his view: “The fresh injection of capital by SMFG will help RCBC in pursuing its […]

Banking, Business Fundamentals

COVID-19 pandemic enables top payment companies to achieve improved top-lines based on upscaled transaction volumes, says GlobalData

The COVID-19 pandemic accelerated the acceptance of digital payments across the globe in 2020, which rendered an improvement in the top-line performance of the majority of the top 20 public payment companies despite unprecedented economic slowdown, says GlobalData, a leading data and analytics company. Over the previous year, the companies that recorded impressive top-line growths […]

Business Fundamentals, Technology

Accenture prioritizes hiring in IoT and increases hires for Industry X business, finds GlobalData

Accenture’s hiring activity is weighed on Internet of Things (IoT) and increasing new hires for its strategic pillar Industry X that provides smart products and services. The company is prioritizing hiring in the emerging technology, with job postings related to IoT increasing by 98% in Q1 2021 compared to Q4 2020 and hiring continues to […]

Business Fundamentals, Technology

COVID-hit 2020 failed to attract big-ticket VC funding deals in cybersecurity space, finds GlobalData

Big-ticket venture capital (VC) deals were non-existent in the cybersecurity space during the COVID-hit 2020. Low-value deals (where the investment was less than or equal to $10m) also took a hit, but still accounted for the majority of global investment volume, according to GlobalData, a leading data and analytics company. An analysis of GlobalData’s Financial […]

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