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GlobalData
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Business Fundamentals

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Major oil and gas companies suspending their operations in Russia could disrupt progress of key Russian projects, finds GlobalData

Major oil and gas companies have either suspended their operations in Russia or decided to exit the country amid the Russia-Ukraine crisis, according to GlobalData. The leading data and analytics company notes that this will leave significant technological voids that could be hard for other Russian companies to fill. Russia’s oil and gas sector depends […]
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Surging exports to aid India retain fastest growing economy spot in 2022, says GlobalData

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 […]
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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 […]
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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: […]
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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 […]
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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 […]
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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 […]
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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 […]
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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 […]
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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 […]
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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 […]
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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, […]
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