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Following the news of India’s merchandize exports crossing the ambitious target of $400bn; Gargi Rao, Economic Research Analyst at GlobalData, a leading data and analytics company, offers her view: “Despite COVID-19 and Russia-Ukraine war, India achieved the target of $400bn merchandize exports in FY21, which is a key milestone towards becoming an ‘Atmanirbhar Bharath’. GlobalData […]
Qualcomm ramps up hiring in Hyderabad, observes GlobalData
Following the news that American multinational firm Qualcomm plans to open its second largest facility outside of the US, in Hyderabad, India, and provide employment for around 8,700 people; Sherla Sriprada, Business Fundamentals Analyst at GlobalData, a leading data and analytics company, highlights the impact of this move on jobs creation: “Qualcomm has posted nearly […]
Agoda looking at global prospects with increasing job postings, finds GlobalData
Agoda is increasing its presence in Europe, the US, and other markets. Job postings outside APAC more than doubled in Q1 2022, finds GlobalData, a leading data and analytics company. Agoda is expanding operations by identifying new supplies and product offerings. The company has posted roles across the US, Europe, Middle East, and Africa, while […]
Global construction companies suspending their Russian operations have minimal revenue generation in the country, says GlobalData
Amid the Russia-Ukraine crisis, several global construction companies are exiting Russia. These moves are not expected to impact significantly on revenue generation, but the wider fallout from the crisis, particularly on prices for materials and energy, will have a widespread impact on the industry, says GlobalData, a leading data and analytics company. Planned or ongoing […]
Deal activity in the travel & tourism sector down by 2% during February 2022, finds GlobalData
A total 96 deals—comprising mergers & acquisitions (M&A), private equity, and venture financing deals— were announced in the global travel and tourism sector in February 2022, according to GlobalData. The leading data and analytics company notes that this represents a decline of 2% compared to the previous month. Aurojyoti Bose, Lead Analyst at GlobalData, comments: […]
Russia’s VC funding landscape suffers as capital infusion drops by 80% in February 2022, finds GlobalData
The sanctions placed on Russia due to its invasion of Ukraine are impacting the country’s venture capital (VC) funding landscape as investors are remaining cautious, says GlobalData. The leading data and analytics company found that Russia witnessed a decline of almost 80% in VC funding value in February 2022 compared to the previous month. An […]
Most leading shipping companies have halted their services to Russia except COSCO Shipping, says GlobalData
Most global shipping companies have suspended cargo bookings temporarily to and from Russia amid the Russia-Ukraine crisis, says GlobalData. The leading data and analytics company notes that essential goods such as medical equipment, food, and humanitarian aid continue to be transported. Sathiya Jalapathy, Business Fundamentals Analyst at GlobalData, comments: “The decision by many global shipping […]
Flexport’s total job openings increased by 28% as the company looks to expand in EMEA and APAC regions, finds GlobalData
Freight forwarder Flexport’s total job openings increased by 28%, from 262 in March 2021 to 336 in March 2022*, according to GlobalData’s Job Analytics database. The leading data and analytics company notes that Flexport is opening new offices in the Europe, Middle East and Africa (EMEA) and Asia-Pacific (APAC) regions to further expand its business […]
Prolonged Russia-Ukraine conflict could disrupt several multinational companies’ growth prospects, says GlobalData
The Russia-Ukraine crisis is putting revenue portions of 130 multinational companies (MNCs) at risk, according to GlobalData. The leading data and analytics company has identified 130 MNCs that have a presence in either Russia, Ukraine, or both. It predicts that the total combined at-risk revenue could be worth up to $306.5 billion*. Abhinay Kadempally, Business […]
India accounts for over half of 23,000 jobs posted by IBM in 2022, finds GlobalData
International Business Machines Corp (IBM) is on a hiring spree. The US-headquartered company created around 23,000 jobs between January and March 2022* with 59% of such jobs posted in India. The increase in new job roles is also apparent in countries such as China, Japan, and the Philippines, finds GlobalData, a leading data and analytics […]
New job postings around ‘creator economy’ almost double in February 2022, finds GlobalData
The growing number of creators producing content for social commerce channels and networking websites has led to the emergence of the ‘creator economy’, which has created new roles predominantly within the financial services and technology sectors, says GlobalData, a leading data and analytics company. GlobalData’s Job Analytics database found that new job listings referring to […]
US-based start-ups raised $44.1 billion in VC funding in the first two months of 2022, finds GlobalData
US-based startups continued to raise the highest venture capital (VC) funding amount globally in 2022, according to GlobalData. The leading data and analytics company reveals that a total of 1,656 VC funding deals were announced in the US during the first two months of 2022, while the disclosed funding value of these deals stood at […]
UK-based start-ups raised $10 billion in VC funding in the first two months of 2022, finds GlobalData
The UK remains a key global market and the biggest European market for venture capital (VC) investments, says GlobalData. The leading data and analytics company reveals that a total of 291 VC funding deals were announced in the UK in the first two months of 2022, while the disclosed funding value of these deals stood […]
Deal activity in Asia-Pacific down by 16.8% in February 2022, finds GlobalData
The ongoing global geopolitical issues and volatile market conditions continue to pose downside risk to the deal activity (mergers & acquisitions [M&A], private equity, and venture financing deals) for the second consecutive month across the Asia-Pacific (APAC) region. As a result, deal activity has taken a 16.8% hit during February 2022, reveals GlobalData, a leading […]
GlobalData finds 20% drop in Russia sentiment among Asia-Pacific companies during Q1 2022
With several Western peers halting Russian operations, there is a rising uncertainty around Asia-Pacific (APAC) companies’ stand on a Russian exit. As a result, the earnings call transcript sentiments of APAC-based companies were down by 20% in Q1 2022* over Q4 2021, reveals GlobalData, a leading data and analytics company. Rinaldo Pereira, Business Fundamentals Analyst […]
Influencers expect surging nickel prices to further disrupt electric vehicle supply chains, finds GlobalData
Twitter influencers conversations around nickel related to electric vehicles (EV) have increased by more than 300% during the second week of March, over the previous week. Against this backdrop, Twitter influencers opine that the surging nickel prices will further disrupt the supply chain of EVs, reveals the Social Media Analytics platform of GlobalData, a leading […]
Jobs Recap: Job postings marginally decline in February 2022 but listings increase in travel and tourism sector among others, finds GlobalData
New job postings marginally dropped in February 2022 while job closures have increased significantly indicating that companies are completing their recruiting processes faster, found GlobalData. The leading data and analytics company notes that listings saw a marked increase in the Middle East and Africa (MEA) region with companies hiring more in countries such as South Africa, […]
India fiscal deficit may narrow in 2022 on discounted oil prices from Russia, says GlobalData
The ongoing Russia and Ukraine conflict may present India with an opportunity to import commodities and oil at low prices via a rupee-ruble trade mechanism from Russia. Against this backdrop, GlobalData, a leading data and analytics company, forecasts India’s fiscal deficit as percentage of GDP to decline marginally to 5.3% in 2022 compared to 5.7% […]
Mentions of ‘Inflation’ rose by over 200% in company earnings call discussions, year-on-year in February 2022, finds GlobalData
The rise in global inflation has led to the term skyrocketing in companies’ earnings calls. GlobalData’s Company Filing Analytics database finds that mentions of inflation as a keyword rose year-on-year by over 200% in February 2022. The leading data and analytics company also found that there was an increase of almost 30% in Q4 2021 […]
Many companies and governments to continue business with Russia despite increasing sanctions on the country, says GlobalData
Amid increasing sanctions and calls for exiting or scaling back businesses in Russia by many global enterprises, some companies and countries have decided to continue their business relations with the country, finds GlobalData. The leading data and analytics company found that cryptocurrency exchanges such as Coinbase and Binance have decided not to ban Russian users […]