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How Covid-19 encouraged India to shop secondhand

In the Northeast of India back in the 1990s, there wasn’t much else on offer for the Jajo sisters. Foreign retail stores and businesses made few inroads in the 1990s despite economic liberalisation in 1992 that enabled foreign direct investment. Military operations and curfews also curtailed economic activity in the state, which was troubled with insurgencies. That left little room for the local economy to grow at the pace of the rest of India.  For clothes, locals in the state of Manipur ha...
Uttar Pradesh Hong Kong United Kingdom New Delhi Krung Thep Mahanakhon South Korea

Inclusive beauty trend difficult to navigate but vital for brands to create positive ideals says GlobalData

Beauty for all ​was highlighted as one of “champion a new era of beauty”​ sets the scene well on efforts this year to carve out a more inclusive beauty market that catered to a plethora of consumers. Amira Freyer-Elgendy, consumer analyst at data analytics and consulting firm GlobalData, said the move by Unilever had to be commended. ‘Abnormal’ eczema, textured hair, sensitive scalps is a damaging narrative​ “Any initiative to make marginalised shoppers more comfortable or feel...
Amira Freyer Elgendy Market Trends Voice Of The Industry Skin Care Hair Care Colour Cosmetics

GlobalData: COVID-19 and sustainability to impact oil and gas in 2021

Advertisement COVID-19 and sustainability will continue to heavily impact the oil and gas industry, according to data and analytics company GlobalData, which has identified the top 20 themes set to have the most influence on the sector. GlobalData’s report, ‘Top 20 Oil and Gas Themes, 2021 – Thematic Research’, also identifies the other key themes that will shape the industry in 2021, such as renewable energy, hydrogen, electric vehicles (EV), energy storage, liquefied natural gas (LNG...
Ravindra Puranik Chesapeake Energy Whiting Petroleum Marathon Petroleum Gas Themes Thematic Research

Middle East and Africa: increase in cross border deals in 4Q20

Advertisement Led by Energean’s US$405 million acquisition of Energean Israel, Middle East and Africa’s oil and gas industry saw a rise of 6.45% in cross border deal activity during 4Q20, when compared to the last four-quarter average, according to GlobalData’s deals database. A total of 33 cross border deals worth US$1.69 billion were announced for the region during 4Q20, against the last four-quarter average of 31 deals. Of all the deal types, M&A saw most activity in 4Q20 with 32, repr...
Oro Agri Energy Resource Woodside Petroleum Ultra Clean Holdings Energean Israel Middle East

Australia to top APAC market for mobile services revenue growth by 2025

Australia to top APAC market for mobile services revenue growth by 2025 Australia to top APAC market for mobile services revenue growth by 2025 Comes as the region is set for a five-year CAGR of 6.1 per cent. Credit: ID 37752534 © Tomas Griger | Dreamstime.com Australia is set to be the fastest growing market for mobile service revenue by 2025 across the Asia Pacific region.  Out of the overall APAC market, the CAGR for the period is set to recover this year after decl...
Aasif Iqbal Tomas Griger Dreamstime Tomas Griger Asia Pacific Vodafone Australia Global Data

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GlobalData: European majors have strongest LNG growth capacity

Advertisement European majors are anticipated to undergo stronger LNG capacity growth to 2025 than their US peers, particularly across three key regions: Former Soviet Union, North America and Africa, says GlobalData. Competition to capture future growth in the LNG market has recently been exacerbated by Qatar Petroleum’s Final Investment Decision (FID) on its Ras Laffan North Field Expansion. Joseph Wisdom, Oil and Gas Analyst at GlobalData, comments: “Ras Laffan will boast a production ca...
United States Ras Laffan Al Khawr Qatar Petroleum Final Investment Decision Qatar Petroleum Former Soviet Union

Global silver production forecast to rise in 2021

Advertisement Global silver mine production is estimated to have declined by 2.4% to 849.7 million oz in 2020, the fourth consecutive annual decrease, partly owing to lockdowns and restrictions at top silver-producing countries, particularly Peru, Mexico, and China. In addition, depleting ore reserves have been a major concern for the industry in the recent years. However, global silver production is expected to increase by 8.1% in 2021 to 918.3 million oz and then exceed 1 billion oz by 2024 �...
United States La Colorada Michoacade Ocampo Minas Buenaventura Vinneth Bajaj Industrias Penole Saucito

Azerbaijan's construction industry to rebound in 2021, says GlobalData

Driven by investments in overall infrastructure to rebuild the recently liberated regions, Azerbaijan’s construction industry is expected to recover in 2021 with an expected real growth rate of 9.1%, says GlobalData.
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