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Recent Articles

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GlobalData expects global carbon capture technology projects to rise from 66 in 2023 to 285 by end of decade; governments are investing in it, with UK allocating £20B for early-stage CCUS projects, while Canada and US launch tax credits for CCUS projects

New-vehicle sales in February 2024 projected to reach 1,214,600 units, a 1.4% increase from the previous year; sales driven by higher inventory levels, increased manufacturer incentives and lower retailer profit margins: J.D. Power and GlobalData

GlobalData: Social media 'coolness' contributing to growing trend of globalized retail, trumping sustainability concerns; survey finds 51.1% of consumers did not consider environmental impact of their purchase when ordering items from abroad

Commentary: Walmart's reduction of store fleet in 2023 and pivot away from unsuccessful formats are smart moves for staying in good financial shape; GlobalData says small stores weren't working for Walmart, while the economics are much more challenging

GlobalData: Indonesian skin care companies focusing on halal cosmetics, targeting both Muslim and non-Muslim consumers, which could make significant impact in Asia-Pacific health/beauty industry; sector set to grow by volume CAGR of 3%-4% from 2022-2027

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