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Tag: GlobalData

Chips, China, and a Lot of Money: The Factors Driving the DeepSeek AI Turmoil

Chips, China, and a Lot of Money: The Factors Driving the DeepSeek AI Turmoil Why is DeepSeek causing global technology shockwaves? Matt Sheehan: DeepSeek is a Chinese AI startup that recently released a series of very impressive generative AI models. One of those models, DeepSeek R1, is a “reasoning model” that takes its time to think through an extended chain of logic before it gives an answer....

Market Thoughts – Subdued Start To Holiday-Shortened Week

Market Thoughts – Subdued Start To Holiday-Shortened Week Today’s market analysis on behalf of Michael Brown Senior Research Strategist at Pepperstone DIGEST – Markets started the week in subdued fashion yesterday, with US participants away for Presidents’ Day. Today, UK jobs, German sentiment, and Canadian inflation figures are in focus. ued fashion yesterday, with US participants away for Presidents’ Day. Today, UK jobs, German sentiment, and Canadian inflation figures are...
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Bringing finance will be key to success for contractors in the Middle East as region adjusts to new normal

Bringing project finance will be a key factor for success in the Middle East’s projects market in 2021, according to GlobalData’s MEED. The company reviewed...

Global power industry tenders: Thermal technology up 22% in August 2020

Global power industry tenders: Thermal technology up 22% in August 2020 Thermal technology tenders activity in August 2020 saw 182 tenders announced, marking a rise...

Growing digitalization makes the oil and gas industry more vulnerable to cyberattacks

Growing digitalization makes the oil and gas industry more vulnerable to cyberattacks The oil and gas industry is increasingly relying on digital technologies to transform...

UK construction output will contract by 10.3% in 2020

UK construction output will contract by 10.3% in 2020 Moustafa Ali, Economist at GlobalData, a leading data and analytics company, offers his view on the...

Excess of crude supply already suppressed from US market

Excess of crude supply already suppressed from US market Following Energy Information Administration’s release of official weekly data on stocks, demand and supply of US...

Construction industry in India to contract by 1.7% as government announces extension of lockdown

Construction industry in India to contract by 1.7% as government announces extension of lockdown The Indian construction industry is expected to contract by 1.7% in...

US drives North America’s refining industry to reach 25.8 mmbd by 2024

US drives North America’s refining industry to reach 25.8 mmbd by 2024 The US is expected to lead the refining industry in North America, pushing...

Saudi Oil price war unlikely to have quick end

Saudi Oil price war unlikely to have quick end Following the news that Saudi Arabia is responding to Russia’s refusal to a new oil production...

Russia counts on oil production growth as OPEC production cuts

Russia counts on oil production growth as OPEC production cuts As Russia’s statistic agency reports that 2019 was another year of record oil production, with...

Which country achieved the highest crude and condensate production

Which country achieved the highest crude and condensate production Norway is set to account for 57% of Northwest Europe’s total crude and condensate (liquids) production...

US assassination of Qassem Soleimani adds considerable uncertainty to an already unstable region

US assassination of Qassem Soleimani adds considerable uncertainty to an already unstable region, says GlobalData Following the news (3 January 2020) that a US drone...

India set to contribute 53% of Asia’s new-build trunk pipeline length additions

India set to contribute 53% of Asia’s new-build trunk pipeline length additions India is expected to lead Asia’s oil and gas new-build trunk/pipeline length additions,...