Business Fundamentals

Centerview Partners and Houlihan Lokey top M&A financial advisers in North America in Q1 2023, finds GlobalData

Centerview Partners and Houlihan Lokey were the top mergers and acquisitions (M&A) financial advisers in North America for Q1 2023 by value and volume, respectively, according to the latest financial advisers league table by GlobalData, which ranks financial advisers by the value and volume of M&A deals on which they advised. Based on its Financial […]

Global deal activity falls by 29.1% YoY in first quarter of 2023, reveals GlobalData

A total of 13,726 deals* were announced globally during the first quarter (Q1) of 2023, which is a decline of 29.1% over 19,357 deals announced during Q1 2022, according to GlobalData, a leading data and analytics company. An analysis of GlobalData’s Financial Deals Database reveals that although there was a YoY decline in deals volume, […]

Business Fundamentals

Travel and tourism sector deal activity down 40.7% YoY in Q1 2023, finds GlobalData

A total of 179 deals* were announced in the global Travel and Tourism sector during the first quarter (Q1) of 2023, which is a 40.7% decline compared to the announcement of 302 deals during the same period in 2022, according to GlobalData, a leading data and analytics company. All the deal types under coverage witnessed […]

Business Fundamentals

Wachtell, Lipton, Rosen & Katz and Kirkland & Ellis top M&A legal advisers in Q1 2023, finds GlobalData

Wachtell, Lipton, Rosen & Katz and Kirkland & Ellis secured the top spots by value and volume in Q1 2023 on the latest Legal Advisers League Table by GlobalData, which ranks legal advisers by the respective value and number of mergers and acquisitions (M&A) deals on which they advised. Based on its Financial Deals Database, […]

Business Fundamentals

Centerview Partners and Houlihan Lokey top M&A financial advisers in Q1 2023, finds GlobalData

Centerview Partners and Houlihan Lokey emerged as the top mergers and acquisitions (M&A) financial advisers by value and volume for Q1 2023 in the latest Financial Advisers League Table by GlobalData, which ranks financial advisers by the respective value and number of M&A deals on which they advised. Based on its Financial Deals Database, the […]

Business Fundamentals

GlobalData warns rising ransomware attacks posing major cybersecurity threat to travel and tourism industry

The travel and tourism sector has become a prime focus for cyberattacks in recent times, resulting in ransomware incidents arising from data breaches. Against this backdrop, cybersecurity concerns within the industry have escalated with a 4% year-on-year (YoY) rise in 2022, reflecting the prevailing sentiment, says GlobalData, a leading data and analytics company. An analysis […]

Business Fundamentals

Global banking sector sees little impact from US regional banking crisis, finds GlobalData

Charles Schwab, Bank of America and Wells Fargo lost over 10% in market capitalization (MCap) during Q1 2023 UBS Group gained more than 10% in MCap, while China’s Big Four banks gained between 4-8% JPMorgan Chase consistently topped the table for the last four quarters The aggregate market capitalization (MCap) of the top 25 global […]

Business Fundamentals

Seoul economy to grow by 1.7% in 2023, forecasts GlobalData

Over the past few decades, the economy of Seoul Special City (Seoul) has experienced a steady growth, largely attributed to the strong performance of its service sector. However, the city’s economy remains vulnerable to a wide range of risks from ballooning real estate market amid monetary policy tightening regime, high dependency on China, modest recovery […]

Business Fundamentals

US biotech IPO market yet to see previous high levels due to challenging market conditions, says GlobalData

The US biotech initial public offerings (IPOs) experienced a 79% decrease in the number of completed offerings from 2021 to 2022. This dip followed the IPO boom in 2020 and 2021, which saw an influx of early-stage biotech companies that completed IPOs and went public with high company valuations that have since declined. Against this backdrop, […]

Business Fundamentals

Failure of banks and crisis-hit financial firms pave way for M&A opportunities, finds GlobalData

The failure of several banks in the US and the crisis at other financial firms raised severe concerns across the global markets recently. Notable among them were crisis at Credit Suisse and the collapse of Silicon Valley Bank, Silvergate Capital, and Signature Bank. Though the failure of these banks marks a major setback for the […]

Business Fundamentals

Economic recovery in Venezuela to sustain in 2023 and 2024, says GlobalData

The government of Venezuela’s agreement with the opposition party and the easing of certain US sanctions in November 2022 have provided a much-needed boost to the country’s economy. This, coupled with increased oil production supported by high demand linked to the sanctions against Russian oil, has led to a positive outlook for the country. As […]

Business Fundamentals

First Republic Bank suffers highest decline in market value in March, reveals GlobalData

First Republic Bank has experienced a staggering loss of $20.1 billion in a span of just 24 days, from 1 March to 24 March 2023. This financial setback has resulted in a drop in the bank’s market value to a mere $2.2 billion, reveals the Company Profiles Database of GlobalData, a leading data and analytics […]

Business Fundamentals

Alibaba new organizational and governance structure spurs positive social media sentiment, finds GlobalData

Alibaba Group Holdings Ltd has announced a new organizational and governance structure to promote innovation and capture opportunities in their respective markets and industries. The company’s stock prices surged following the announcement. Against this backdrop, social media (Twitter and Reddit) conversations around Alibaba have spiked dramatically with a gain of 80% in the last seven […]

Business Fundamentals

Cybersecurity job postings in travel and tourism industry up by 54% YoY in 2022, finds GlobalData

The COVID-19 pandemic had a profound impact on the travel and tourism industry, with the sector experiencing significant challenges as a result. Despite the obstacles faced by the industry, the cybersecurity job postings managed to remain stable and even grew by an impressive 54% year-on-year (YoY) in 2022, reveals GlobalData, a leading data and analytics […]

Business Fundamentals

VC funding in India startups nosedives 80.8% YoY in January-February 2023, finds GlobalData

Venture capital (VC) funding activity was affected in India in 2023 both in terms of volume as well as value but the impact was significantly prominent in value terms. While the deal volume declined by 56.3% year-on-year (YoY) during January-February 2023, the corresponding deal value declined by a massive 80.8%, according to GlobalData, a leading […]

Business Fundamentals

Brazil economy to grow by 0.8% in 2023, forecasts GlobalData

Brazil’s economy is projected to remain subdued in 2023, with several factors such as slower employment growth and tighter lending conditions expected to constrain consumer spending and investments. Against this backdrop, the country’s economic growth is set to slowdown from 3% in 2022 to 0.8% in 2023, forecasts GlobalData, a leading data and analytics company. […]

Business Fundamentals

Venture capital funding in China startups down by 52.2% YoY during January-February 2023, reveals GlobalData

Venture capital (VC) funding activity by startups in China registered decline both in terms of volume as well as value during January-February 2023 compared to the same period in previous year amid the challenging market conditions. VC deal volume in China declined by 29.1% while the corresponding deal value declined by 52.2%, according to GlobalData, […]

Business Fundamentals

Venture capital funding by UK startups plunges 70.1% to $2 billion during January-February 2023, reveals GlobalData

The number of venture capital (VC) deals for UK startups has dropped by 38.1% year-on-year while the corresponding funding value has plummeted by a massive 70.1% during the first two months of 2023. These figures indicate a challenging start to the year for the UK startup scene, which has been hit hard by economic uncertainty […]

Business Fundamentals

US startups raise $13.4 billion VC funding during first two months of 2023, finds GlobalData

A total of 1,076 venture capital (VC) funding deals were announced in the US during the first two months of 2023 while the disclosed funding value of these deals stood at $13.4 billion, according to GlobalData, a leading data and analytics company. VC funding activity suffered a setback in 2023 in terms of volume and […]

Business Fundamentals

Australia economy growth to decelerate to 1.9% in 2023, forecasts GlobalData

The Australian economy is facing several challenges such as higher cost of living, tighter monetary policy implemented by the Reserve Bank of Australia, and a decrease in real wages. Consequently, the country’s economic growth, which increased by 3.7% in 2022 due to rising household spending and an increase in exports after the lifting of COVID-19 […]

Prev 1 … 60 61 62 63 64 … 133 Next