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The pain pipeline is large and contains a high level of diversity of molecular targets, although the level of first-in-class innovation is low when compared to other therapy areas and the industry as a whole. Presently, 23% of products in the pain pipeline are first-in-class, indicating a relatively low level of innovation, according to GlobalData, a […]
easyJet blames fuel costs and Brexit for loss of £272m but better times are on the horizon, says GlobalData
easyJet today (17 May 2019) posted a loss before tax of £272m in its half year results, compared to a loss of £68m the same time last year. Brexit and increased fuel costs have been to blame for many airlines but pushing ahead despite these threats is the only viable option. Laura Beaton, Travel & […]
Coles targets consumers across healthy eating spectrum with Wellness Road range in Australia
Australian grocery retailer Coles Supermarket has launched a new ‘Wellness Road’ range of foods to give health-conscious customers a more affordable range of nutritious options. By branching out into health foods, Coles is carving out its own health-aligned positioning and communicating to shoppers that it is striving to help Australians improve their diets and live […]
Gut hormone receptors to retain commercial prominence in obesity pipeline, says GlobalData
The obesity pipeline is robust and contains a high level of diversity in both molecule types and molecular targets, despite the market’s clinical and regulatory challenges. Presently, 41% of products in the obesity pipeline are first-in-class; an indicator of a highly innovative pipeline, according to GlobalData, a leading data and analytics company. The company’s latest report, […]
EU Funds and Infrastructure push to drive construction in Bulgaria, with total output set to reach US$10.7bn in 2023
Bulgaria’s construction industry growth decelerated to 3.7% in 2018, after growing at 4.4% in 2017. The industry’s output value in real terms is expected to rise at a compound annual growth rate (CAGR) of 4.40% between 2018 and 2023, according to GlobalData, a leading data and analytics company. GlobalData’s report, ‘Construction in Bulgaria – Key […]
Funds from the sale of Thomas Cook airlines have potential to provide capital for new destinations
Following the release of Thomas Cook Group Half Year Results 2019, Johanna-Bonhill Smith, Associate Analyst for Travel & Tourism at GlobalData, a leading data and analytics company, offers her view: “A whopping loss of £1.4bn for Thomas Cook six months prior to March highlights changing attitudes of consumers. Within the same respective time frame last […]
IMO 2020 low sulphur regulation challenges global refinery industry
In 2016, International Maritime Organization (IMO) decided to strictly enforce use of bunker fuels with a sulphur content of 0.5% (mass by mass) from the existing 3.5% limit, from 2020. However, refineries do not have sufficient production capacity to meet bunker fuels demand with less than 0.5% m/m sulphur content, according to GlobalData, a leading […]
Despite Investec’s Click & Invest closure, robo-advice is here to stay, says GlobalData
Following today’s news (16th May 2019) that Investec have closed their robo-advisor Click & Invest, Sergel Woldemichael, Wealth Management Analyst at GlobalData, a leading data and analytics company, offers his view on the closure: ‘‘This latest robo-advisor termination does not mean robo-advice is coming to an end, automated service will become more prevalent in society, […]
Renewable Power Capacity to increase by 14.7 GW in Argentina during 2019–2030
Renewable power capacity (excluding small hydropower) in Argentina is expected to show a significant growth rate, registering a Compound Annual Growth Rate (CAGR) of 17.8% during 2019-2030. Renewable installations sector will increase by 14.7 GW in order to meet the increasing demand, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Argentina […]
Innogy continues to struggle with its retail business as first quarter profit drops a third, says GlobalData
Following the release of Innogy SE’s Q1 2019 results, Mohit Prasad, Project Manager for Power at GlobalData, a leading data and analytics company, offers his view: “Innogy SE (Innogy) reported a one third fall in its profit at the end of Q1 2019 owing to its struggling retail business. The company reported a net income […]
Alaska’s budget problems could force oil tax changes, says GlobalData
The reduction in tax credits, the large long-term state budget liabilities, and the inability to repay the investment credits, may force the state of Alaska to modify its petroleum fiscal framework just a few years after its latest overhaul, says GlobalData, a leading data and analytics company. The company’s latest report, ‘US Alaska Upstream Fiscal […]
Saudi Aramco-Sabic deal helps Citi retain top position in GlobalData’s M&A financial advisers league table in oil & gas sector
Citi has retained the top position in the latest mergers and acquisitions (M&A) league table of the top 10 financial advisers for the oil & gas sector based on deal value for the first quarter (Q1) 2019, according to GlobalData, a leading data and analytics company. The American multinational investment bank topped the rankings with […]
Auction cancellation and re-tendering of solar PV projects in India point towards need for policy re-thinking, says GlobalData
Recently, the 1 gigawatt (1GW) Gujarat Solar photovoltaic (PV) tender for Dholera Solar Park was undersubscribed by 700 megawatt (MW) and received only two bids for a total of 300MW capacity. Tarun Bhutani, Power Analyst at GlobalData, a leading data and analytics company, offers his view on the development: “Since 2018, nearly 5GW of solar […]
The energy storage market is paving the way for next energy revolution, reveals GlobalData
The energy storage market has caught the eye of a number of stakeholders involved in the power industry, leading to its considerable growth and opening the way for next energy revolution, says GlobalData, a leading data and analytics company. GlobalData’s latest thematic report, ‘Thematic Research: Energy Storage’, highlights the present scenario and emerging market trends […]
Hamleys allows Reliance Retail to compete with global giants in premium toy segment in India, says GlobalData
Following the news that Reliance Brands, a subsidiary of India-based Reliance Industries, has agreed to acquire 100% stake in 259-year-old British toy retailer Hamleys from Hong Kong-listed C.Banner International for US$88.5m, Priyanshu Rana, Consumer Analyst at GlobalData, a leading data and analytics company, offers his view: “Hamleys, which operates 167 toy stores across 18 countries, […]
Dos Bocas refinery will be a challenging investment even with reduced capacity, says GlobalData
Following recent news that Pemex and Mexico’s Energy Ministry will be the project managers of the plan to build a new refinery after engineering firms bids were considered out of budget; Adrian Lara, Senior Upstream Analyst at GlobalData, a leading data and analytics company, offers his view on a possible reduced capacity adjustment for Dos […]
Non-hydro renewable to show strong growth of 22.4% in Vietnam, during 2019–2030, says GlobalData
Non-hydro renewable is expected to show the highest growth rate in Vietnam, registering a compound annual growth rate (CAGR) of 22.4%, due to government policies and the untapped renewable potential, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Vietnam Power Market Outlook to 2030, Update 2019 – Market Trends, Regulations, and Competitive […]
Royal Dutch Shell forecast to spend US$1.5bn in UK decommissioning through to 2025
Royal Dutch Shell are estimated to have over US$3bn in total abandonment and decommissioning expenditure (ABEX) in producing UK oil and gas developments, stacking above fellow UK operators, says GlobalData, a leading data and analytics company. The company’s latest research reveals the top five companies with the greatest ABEX exposure from producing fields in the […]
Ireland is experiencing a slowdown in growth for international arrivals from 2018 to 2022, says GlobalData
Growth rates for Ireland and international arrivals have decreased significantly with the Compound Annual Growth Rates (CAGR) nearly half the rate for the previous years from 8.1% in 2014 to 2018, to 3.8% for 2018 to 2023, according to GlobalData, a leading data and analytics company. The company’s latest report ‘Tourism Destination Market Insights: UK […]
Banking via Facebook messaging fails to take off, due to the lack of popularity within the UK
Facebook recently pulled the ability for users to pay their friends via Messenger, due to its lack of popularity among users in France and UK which led to its demise, according to GlobalData, a leading data and analytics company. The feature allowed users to set up a payment account enabling them to both send and […]