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Cravath Swaine & Moore and CMS were the top mergers and acquisitions (M&A) legal advisers in Europe for Q1 2021 by value and volume, respectively. Cravath Swaine & Moore advised on eight deals worth US$55.4bn, which was the highest value among all the advisers. Meanwhile, CMS led in volume terms having advised on 64 deals […]
Omni Hotels and Resorts’ job postings increased by 248% since January 2021, finds GlobalData
Omni Hotels and Resorts saw a sudden boost in job posting in 2021, after nearly a year of low hiring activity. GlobalData’s Job Analytics database shows that the company posted over 1,000 jobs in March 2021, a 248% increase compared to January 2021, and the highest since April 2020. Omni’s hiring indicates that the company […]
Intel steps up hiring in Taiwan to secure semiconductor chips supply chain for PC partners, finds GlobalData
Intel Corporation (Intel) is ramping up hiring activity globally but more so in Taiwan. The move forms part of Intel’s strategy to scale the existing supply chains with PC manufacturers in Taiwan and work with external foundries to ensure design, quality, and reliability of its products, observes GlobalData, a leading data and analytics company. An […]
Kirkland & Ellis top M&A legal adviser for Q1 2021, says GlobalData
Kirkland & Ellis was the top legal adviser for mergers and acquisitions (M&A) deals by both deal value and volume for Q1 2021, having advised on 213 deals worth $132.3bn, according to GlobalData, a leading data and analytics company. Aurojyoti Bose, Lead Analyst at GlobalData, comments: “Kirkland & Ellis was the only adviser that managed […]
Goldman Sachs and JP Morgan top financial advisers by value and volume for Q1 2021, says GlobalData
Goldman Sachs and JP Morgan were the top mergers and acquisitions (M&A) financial advisers for Q1 2021 by value and volume, respectively, according to the Financial Deals Database by GlobalData. Goldman Sachs advised on 114 deals worth $239.8bn, which was the highest value achieved among all the advisers tracked. Meanwhile, JP Morgan led in terms […]
Influencers see Visa announcement to use USDC as milestone move, says GlobalData
Visa has recently become the first major payments network to settle transactions in USD Coin (USDC), a stablecoin backed by the US dollar, over open source blockchain Ethereum. Against this backdrop, the company witnessed a 300% jump in influencer conversations on Twitter during the last week of March 2021 over the previous week, according to […]
Saudi Aramco sees 100% surge in influencer conversations post announcement of 44% slump in 2020 net profit, reveals GlobalData
Saudi Arabian Oil Company (Saudi Aramco) witnessed a staggering week-on-week 100% jump in influencer conversations on Twitter during the fourth week of March 2021, following the announcement of a steep 44% decline in 2020 net profit, according to GlobalData, a leading data and analytics company. The global oil giant reported annual earnings of US$49bn for […]
Asia-Pacific sees 3.9% growth in deal activity in February 2021, finds GlobalData
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 1,170 deals in February 2021, according to GlobalData, a leading data and analytics company. Aurojyoti Bose, Lead Analyst at GlobalData, comments: “The COVID-19-hit 2020 remained a roller coaster ride for […]
Global deal activity declined by 4.5% in February 2021, finds GlobalData
A total of 5,013 deals (mergers & acquisitions, private equity and venture financing) were announced globally during February 2021, which is a month-on-month decline of 4.5% over the 5,247 deals announced during January, according to GlobalData, a leading data and analytics company. Aurojyoti Bose, Lead Analyst at GlobalData, comments: “Although some countries are showcasing improvement […]
Travel & tourism sector witnessed 3.8% decline in deal activity during February 2021, finds GlobalData
A total of 77 deals (mergers & acquisitions, private equity, and venture financing) were announced in the global travel & tourism sector during February 2021, which is a decrease of 3.8% over the 80 deals announced in January 2021, according to GlobalData, a leading data and analytics company. Aurojyoti Bose, Lead Analyst at GlobalData, comments: […]
Regulations, geopolitics prominently feature in earnings call transcripts of Australia, China companies, finds GlobalData
Mention of China in Australia companies’ earning call transcripts decline Cross-border deal activity falls by 41% As the trade war between Australia and China rages, mentions of geopolitics and regulations in earnings call transcripts of companies in both the countries showcased double-digit growth in 2020, reveals GlobalData, a leading data and analytics company. An analysis […]
EA increases hiring for a ‘mobile’ future and eyes brand transformation, finds GlobalData
EA has increased its hiring in 2021, having doubled its job postings from 182 in December 2020 to 382 in January 2021, according to the Job Analytics database by GlobalData. The data has revealed some key hiring areas for EA, with noted rises in job postings for for brand development and for mobile gaming. GlobalData […]
Airbnb’s sentiments on knife-edge despite relative positivity in Q1 2021, says GlobalData
Airbnb’s sentiment score was moderately high at 0.73 (scale of 0 to 1) in Q1 2021*, according to GlobalData, with top themes in its earnings transcript report including mobile payments, regulation and geopolitics. The company’s sentiments were slightly higher than average for the T&T sector**, and it seems to have gained resilience by scaling back […]
Royal Caribbean sees 200% surge in influencer conversations on Twitter post announcement of vaccinated cruises, reveals GlobalData
Royal Caribbean Group, formerly known as Royal Caribbean Cruises Ltd., (Royal Caribbean) witnessed a dramatic 200% jump in influencer conversations on Twitter during the third week of March 2021 over the previous week, following the announcement to resume cruising in June for vaccinated crew and guests, according to GlobalData, a leading data and analytics company. […]
Top five VC-funded companies in North America all based in California, according to GlobalData
In 2020, all of the top five venture capital (VC) funded companies in North America were headquartered in California, according to GlobalData, a leading and data analytics company. Topping the list were SpaceX, Robinhood Financial, National Resilience, Quibi Holdings and Pony.ai. These companies collectively raised $6bn. Aurojyoti Bose, Lead Business Fundamentals Analyst at GlobalData, comments: […]
eBay ramps up hires in the US and Germany to strengthen user engagement, finds GlobalData
eBay’s recent hiring trend reveals that job postings in the US and Germany contributed to 50% and 20% of its total job postings, respectively, since January 2021, finds GlobalData, a leading data and analytics company. Ajay Thalluri, Business Fundamentals Analyst at GlobalData, says: “eBay’s increased hiring in the US and Germany indicate the growing number […]
China narrows gap with US in GlobalData’s list of top five VC funded AI tech companies in 2020
Artificial intelligence (AI) has emerged as a true foundational technology that can enhance competitiveness, boost productivity and safeguard national security. With so much at stake—the two global superpowers—the US and China are framing policies to promote AI development to gain a strategic advantage over each other. While the US still leads the AI race, China […]
Apple the top acquirer of AI companies while other US tech giants also among the forerunners, says GlobalData
US tech giants are leading the AI companies acquisition race Four FAAMG companies feature in the list of top five acquirers of AI companies, with Apple leading the race Accenture the only non-US company to make its way to the list of top five acquirers The mergers and acquisition (M&A) deal-making landscape of the 2016-2020 […]
Global economic recovery on cusp of a boom with rollout of COVID-19 vaccines, says GlobalData
Global economic recovery is on the cusp of a boom with vaccination programs taking the front seat and stimulus packages in various economies supporting post-pandemic recovery. Despite lockdown restrictions being reimposed, economic sentiment is improving with growth poised to bounce back. Leading data and analytics company GlobalData has revised its 2021 global GDP growth rate […]
Hiring activity surpasses pre-COVID-19 levels as India completes Janata curfew first anniversary, finds GlobalData
Hiring activity across various sectors in India, which recorded a continuous decline in the second quarter of last year due to the unprecedented lockdown measures, has been on a gradual growth trajectory since the third quarter of 2020 and surpassed the pre-Covid-19 levels in 2021, finds GlobalData, a leading data and analytics company. An analysis […]