GlobalData
GlobalData

Business Fundamentals

Top 25 global banks MCap dips 1.3% QoQ during Q3 2023 amidst adverse market conditions, reveals GlobalData

UBS Group, HDFC Bank, Sumitomo Mitsui Financial report 15% growth China Construction Bank, Citigroup lose over 10% JPMorgan Chase consistently tops the table for the last six quarters The aggregate market capitalization (MCap) of the top 25 global banks tumbled by 1.3% to $3.28 trillion quarter-on-quarter (QoQ) during the third quarter (Q3) ended on 30 […]
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Canada’s economic growth to stay below 1% in 2024, forecasts GlobalData

Canada’s economic growth prospects are facing headwinds due to a combination of factors, including the high cost of borrowing, a housing crisis, elevated inflation, diminishing business confidence, weakened external demand, political turmoil in the context of deteriorating relations with India, and a drop in the popularity of Prime Minister Justin Trudeau. Against this backdrop, the […]
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Influencers on X highlight BYD rapid ascent in EV market poses challenge to Tesla, finds GlobalData

The rise of BYD Co. Ltd. in the electric vehicle (EV) market is causing a significant stir, with experts and influencers on “X” acknowledging its potential to challenge Tesla, Inc. BYD’s impressive Q3 2023 deliveries, boasting a 22% increase from the previous quarter, are indicative of its growing influence. Influencers highlight BYD’s cost advantage, diverse […]
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Influencers on X hail WHO-approved R21/Matrix-M malaria vaccine as game changer, reveals GlobalData

The R21/Matrix-M malaria vaccine developed by the University of Oxford and the Serum Institute of India, leveraging Novavax’s adjuvant technology, has been recommended for use by the World Health Organization’s Strategic Advisory Group of Experts (SAGE) and the Malaria Policy Advisory Group (MPAG) on 2 October 2023. Subsequently, influencer discussions on “X” around “malaria vaccine” soared […]
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China pulls down APAC IPO activity in first eight months of 2023, reveals GlobalData

The Asia-Pacific (APAC) initial public offerings (IPOs) market has continued to grapple with disruptions, including the lingering impact of COVID-19, the Russia-Ukraine conflict, rising inflation, and geopolitical tensions. In the first eight months of 2023, APAC saw a significant decline in IPO activity, with 491 listings totaling $44.4 billion, down by 55.9% compared to the […]
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Middle East and Africa maintains highest global risk in Q2 2023, reports GlobalData

The economic prospects for the Middle East and Africa (MEA) region are marked by significant uncertainties, primarily stemming from a worldwide economic slowdown, decline in oil production, and the ongoing food security issues. Moreover, escalating heatwaves in the Middle East and a deteriorating humanitarian crisis in Africa further compound the difficulties. Against this backdrop, the […]
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UK sees 27.2% YoY drop in venture capital funding to $8.7 billion during January-August 2023, reveals GlobalData

The UK witnessed 898 venture capital (VC) funding deals of worth $8.7 billion during January-August 2023. This represents a 27.2% drop in the volume compared to the same period in 2022. Notably, the decline in terms of disclosed deal value was significantly steeper, registering at 52.6%, reveals GlobalData, a leading data and analytics company. An […]
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