GlobalData
GlobalData

Business Fundamentals

A&D sector’s sentiment score finally shows signs of steadying in August 2020 after previous declines

The aerospace and defense (A&D) sector’s average earnings transcript sentiment score for August 2020 was on par with July 2020, after facing declines in past months. Sentiments were influenced by improvements in top gainers’ EBITDA margins, and robotics was one of the most popular discussion points within the industry’s earnings transcripts, says GlobalData, a leading […]
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Brexit remains concern despite sentiment growth in UK FS sector

Brexit-driven policy disruptions continue to jolt UK financial service (FS) companies as the looming threat of a no-deal Brexit and its uncertainty have made financial institutions wary of any significant investment, says GlobalData, a leading data and analytics company. Rinaldo Pereira, Senior Analyst at GlobalData, comments: “The mentions of ‘Brexit’ (in all FS company filings) […]
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Tesla defies odds and paces up hiring to maintain market leadership, says GlobalData

Despite the automotive industry suffering through the challenges brought on by COVID-19, Tesla has defied the odds and continued to hire at a higher rate than average throughout the pandemic. According to GlobalData’s Jobs Analytics database, hiring in the global automotive industry remained mostly flat, with job postings seeing decline in Q2 before showing signs […]
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Japan’s designated start-up city hubs will drive innovation and create employment opportunities, says GlobalData

Japan, once a global technology leader, is losing race to its peers in producing tech unicorns due to lack of conducive start-up ecosystem. Realizing it, in July 2020, the country announced plans to establish four start-up ecosystem base cities in and around Tokyo (Tokyo Consortium), Aichi (Central Japan Start-up Ecosystem Consortium), Kansai (Osaka/Kyoto/Hyogo Kobe Consortium) […]
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Auto sector’s August sentiment score declined by 8% compared to July 2020 as companies struggle to keep up margins

The automotive sector’s August 2020 average earnings transcript sentiment score declined by 8% after showing promising improvements in July. The top gainers, in terms of sentiment score, were China Yuchai International Limited (CYI), Commercial Vehicle Group and Bayerische Motoren Werke (BMW), while the top losers were Adient, Martinrea International and Sypris Solutions, says GlobalData, a […]
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Global deal activity witnessed marginal growth in August

The number of deals announced globally mostly remained relatively steady in August compared to the previous month while deal volume increased marginally by 1% from 6,423 in July to 6,488 in August, according to GlobalData’s deals database. An analysis of GlobalData’s Financial Deals Database revealed that the deal volume during the month remained above average […]
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TikTok deal may not be lucrative enough for any potential US buyer, says GlobalData

Following the news that China-based multinational Internet technology company ByteDance dropped the sale of video-sharing app TikTok’s US operations to Microsoft and selected Oracle as technology partner to avoid a possible US ban; Aurojyoti Bose, Lead Analyst at GlobalData, a leading data and analytics company, offers his view: “ByteDance, which is valued at about US$100bn […]
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COVID-19 pulls down profits of top Singapore banks in Q2, says GlobalData

Although Singapore boasts a resilient financial system, top players of the country’s banking sector suffered a sharp decline in their quarterly profits, reflecting sentiments similar to the country’s quarterly GDP growth, says GlobalData, a leading data and analytics company. DBS Group Holdings (DBS), Oversea-Chinese Banking Corp (OCBC) and United Overseas Bank (UOB), which are not […]
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Despite slowing consumer spending, 24 of the top 25 publicly traded global retailers saw YoY revenue growth in 2019, shows a study from GlobalData

Fiscal 2019 appeared to be quite fruitful year as all but one of the top 25 global publicly traded global retailers reported YoY revenue growth – with seven seeing double-digit growth, reveals GlobalData. The data and analytics firm analyzed the year-on-year (YoY) change and compound annual growth rate (CAGR) of the publicly traded retailers in […]
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High-profile investors, e-commerce mentions prominently feature in Reliance’s filings, finds GlobalData

Jio Platforms Limited (Jio), a subsidiary of India-based Reliance Industries Ltd. (Reliance), has recently added two tech giants Facebook and Google to its roster of high-profile investors. Subsequently, the mentions of ‘investment’ in Reliance’s filings (filed in Q3 2020, and earnings released on 30 July 2020) have grown multifold as compared to Q2 2020 (ended […]
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Amazon speeds ahead of e-commerce competitors in ranking of top 25 publicly trading retailers by MCap in Q2 2020 with a 41.8% QoQ rise, says GlobalData

Amazon saw a huge rise in market capitalization (MCap) in H1 this year as customers flocked to online platforms amid lockdowns. Having now reached the US$1 trillion mark – and seeing a whopping 41.8% rise in Q2, when compared with Q1 – the e-commerce company is powering ahead of competitors globally, with over 125% lead […]
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