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Overcrowded Unlicensed Medicines Industry: The NHS wins but smaller wholesalers lose

MarketLine

Unlicensed medicines, medicines which are not licensed in the UK, are becoming more popular. The market is growing due to the increasing demand for medicines which are not available on the NHS. These medicines may be too expensive or not in enough demand to justify bringing them in; the medicines may also not have the correct UK licensing to allow them to be sold in the country. There is also the potential problem with the supply chain which can result in a medicine being taken off the market temporarily and… Read more

The Independent: Independent No More

MarketLine

On March 25, 2010 the failing Independent newspaper was bought for £1 ($1.30) by the Russian Lebedev family. Since then, father-and-son team Alexander and Evgeny have invested over $140m and the newspaper – now an online-only publication – has been revitalized while maintaining its traditional pro-free speech, left-wing approach to reporting. The recent politicization of young people in the UK – driven by their defeat in the EU membership referendum when young people voted overwhelmingly in favor of remaining a member – is one of the driving forces behind the… Read more

Rapid growth in Asia-Pacific organic food market set to change global market shares

The global market in organic food expanded between 2012 and 2016 at a compound annual growth rate (CAGR) of 10.9%, and is forecast to accelerate to a value of $187.6 billion by 2021, representing a CAGR of 13.8%, according to research firm MarketLine. The company’s latest report states that the US will remain the largest single market, rising from $44.9 billion in 2016 to $63.4 billion by 2021 at a CAGR of 7.1%, underlining the country’s pivotal role in driving global growth. Christopher Leyman-Nicholls, Analyst for MarketLine, says: “Although the… Read more

Social Media: Disruptors likely unless culture changes in Silicon Valley

MarketLine

The deletion and subsequent reinstatement of the Google account belonging to prominent scholar Jordan Peterson has set a dangerous precedent regarding the treatment of individuals promoting viewpoints which are at odds with those held by leading social media and technology companies. Mostly thanks to a campaign to reverse the decision, Jordan Peterson is now back online, but with a near absence of information coming from Google, many in online communities now fear censorship from the largest internet giant of them all. Engaging in ever closer oversight of dissident voices increases… Read more

UK airline industry: The threat of the permanent side-effects of Brexit

MarketLine

The future of the UK airline industry is likely to be worse after Brexit even after the end of uncertainty, as the free movement of EU citizens is likely to be over. This automatically means that the prosperous international segment of the UK industry will be severely hit by restrictive regulation regarding new limiting open skies agreements and border controls. The termination of open skies agreements will jeopardize the growth of the UK airlines industry, the revenues of which are greatly dependent on UK-EU traffic. Extensively, the UK airline industry… Read more

Netflix buys Millarworld as it looks to backwards integrate

MarketLine

Online television subscription service Netflix is now a firm fixture in millions of homes across the world. It has enjoyed great success in recent years, adding subscribers en route to becoming a $9bn business. One of the key drivers of this success has been the company’s Netflix Originals shows. These are created by the company itself and provide a USP as the content is exclusive to Netflix. The company is aware of how vital these shows are and continues to develop more. The acquisition of Scottish comic book firm Millarworld… Read more

Governments to ban the sale of petrol and diesel cars: Regular fueled vehicles not to be sold from 2040 onwards

MarketLine

Following recent announcements to ban the sale of regular fueled (Petrol & Diesel) vehicles (RFVs) in France by 2040, the UK’s Secretary of State for Environment, Food and Rural Affairs has announced plans to achieve the same goal by the same date. The UK has become heavily polluted over the years, especially in some areas in London such as Brixton, where levels of pollution are borderline illegal. There has been a greater push for the use of electric vehicles (EVs) over recent years, through financial incentives which aim to drive… Read more

Discovery Communications seeking to merge with Scripps Networks Interactive

MarketLine

Due to the emergence of online streaming services such as Netflix, Amazon Prime and Hulu, the demand for traditional TV broadcasting has taken a hit. As consumers especially those belonging to the younger demographic have slowly made their way towards substitutes, advertisement too has followed suit. In fact according to some sources 2016 was the first year in which online advertisement overtook the value of traditional TV advertisement, clearly emphasizing the change that has taken place. Given these recent developments in the TV broadcasting market, it comes as no surprise… Read more

Europe will overtake the US in the electric and hybrid cars market, says MarketLine

MarketLine

The hybrid and electric cars market has seen strong growth globally as countries work to meet ambitious CO2 targets, rising at a compound annual growth rate (CAGR) of 12.6%. Scandinavian countries such as Sweden will enjoy exceptional growth forecast growth of 27.9% between 2016 and 2021, according to research firm MarketLine. The company’s latest report, however, states that the level of growth varies significantly between countries. Despite the fact that the US and Asia-Pacific have been leading the charge in the hybrid and electric cars market for the last five… Read more

Siemens gas turbines taken to Crimea

MarketLine

Under pressure from the German government to extirpate the company from any harmful events, Siemens has reacted swiftly to eradicate the possibility of further problems emerging. All operations in Russia are now under review and links with the offending company which is accused of illegally moving the gas turbines to Crimea have been irrevocably damaged. For an influential and large company such as Siemens to take such stern action will likely mark a major change in relations international business has with Russia. Suddenly trust has been eroded and further sanctions… Read more

Sunseeker Yachts: Good year for British yacht companies on the back of Brexit

MarketLine

Sunseeker has found a way to return to winning ways. With a good order book increase and healthy return to profit, the company appears to have recovered from a particularly bleak period for the luxury yacht building industry. In recent years the market has been extremely bad for Sunseeker and other British boat builders such as Princess and Fairline which had been restructuring and applying redundancies. The main reason that these businesses seem to have recovered, is due to the pound plummeting after Brexit making prices much more competitive when… Read more

US and China trade talks: Emphasis on steel and tariffs is misguided

MarketLine

The danger of current US policy towards Chinese steel is that damaging tariffs will be imposed. Many observers describe such a policy as the nuclear option because the ability of other countries to impose harmful tariffs on US goods will be just as strong. Troublingly, tariffs would do little to solve the actual problem of dumping on the international market. A policy with many similarities was attempted in 2002 but resulted in a public climb down by the then President Bush after severe job losses were incurred. Tariffs are not… Read more

Poland: Kaczynski close to demolishing all remaining democratic oversight in Poland

MarketLine

Kaczynski’s ruling PiS (Law & Justice) party has, since its election, been rapidly demolishing the process of democracy in Poland. The PiS party has crushed the power of the opposing parties and state institutions that had the ability to stand in its way. In July 2017, the party introduced a bill attacking the independence of the judiciary and despite street protests and chaotic and angry scenes in the house, and this bill has now passed. This bill will mean that judges will be in direct control of the justice minister,… Read more

Global insurance brokers sector will hit $54.8 billion in 2021 as growth remains impressive despite deceleration

MarketLine

The global insurance brokers sector has experienced impressive growth in recent years, registering a compound annual growth rate (CAGR) of 7.0% between 2012 and 2016 to reach a value of $42.8 billion, according to data from research company MarketLine. The company’s latest report shows that sector values have increased in all regions. Global growth, however, has been primarily driven by healthy revenue increases in the US, the world’s largest individual market. As it accounts for over 63% of global sector revenues, the performance of the US market will always have… Read more

NATO: Defense spending rises as members look to a future without US leadership

MarketLine

In a recent meeting of the North Atlantic Treaty Organization (NATO), between the defense ministers in June 2017, it was heard that almost across the board there has been an increase in defense spending. Despite the target of 2% of GDP that members are expected to meet, traditionally many members have ignored this target in order to grow their economies or recover after recessions, but there are more members now hitting this target. There are multiple explanations for why members are spending more on defense all of a sudden. Firstly,… Read more

Ambitious Trans-Iran Canal still waiting for construction to begin: “Competitor” to Suez Canal unlikely to see construction begin any time soon

MarketLine

Despite having been officially announced for several years now, construction on the Trans-Iranian Canal Project has as of July 2017 still not begun. A number of reasons have been given to explain this delay including the high fixed costs required to build this canal. Official estimates put the cost of the project in the range of $10bn but other estimates suggest the figure could at least be double the amount. Whilst the authorities claim the returns from this project will justify the high cost of the project for the construction… Read more

Global rail freight market continues to stutter as steep decline in the United States makes itself felt, says MarketLine

MarketLine

The global rail freight market hit $188.7 billion in 2016, representing a marginal 0.5% in growth along with a return to positive performance following a 0.4% decline in 2015, according to research firm MarketLine. The company’s latest report states that the market’s fortunes have differed from region to region in recent years, with Asia-Pacific (APAC) and Europe providing much of the growth impetus. The United States, however, which accounts for a vast 30% of the global market, continues to struggle. The country recorded two consecutive years of steep decline in… Read more

AT&T and Time Warner looking to complement each other as part of merger deal

MarketLine

In October 2016, Time Warner and AT&T agreed to merge as part of a deal which would see AT&T paying $85.4bn for the merger to take place. The total transaction value would further take the deal up to $108.7bn adding in Time Warner’s debt. Despite the hefty cost, the merger deal makes perfect sense from a business point of view since through a merger with telecommunications giant AT&T, Time Warner is able to broadcast its globally recognized digital content to a much wider audience. AT&T meanwhile will be able to… Read more

Spotify: How the Swedish start-up revolutionized an ailing music industry

MarketLine

The power of the internet has grown rapidly since its introduction to the mainstream in the early 2000s and it has become the most powerful tool on the planet, both socially and economically. However the music industry has struggled in recent years, in freefall since the turn of the century and the birth of the mainstream internet. The shift from physical to digital music has been stifled by the rapid growth in internet piracy, with software such as LimeWire, Napster and later torrent clients making it incredibly simple to download… Read more

Air India privatization: Airline must be broken up before sale

MarketLine

Air India is in a horrible financial condition. Largely surviving off a government bailout, the company has incurred massive losses down the years during which market share was lost and the business overtaken in the quality of service it provided. Now the company has finally managed to turn a profit – largely due to low oil prices – a privatization is unlikely to result in one buyer taking over the entire airline and assorted assets. Some observers of the international airline industry have expressed surprise at the possible bid from… Read more

GAME Digital: How the cyclical console release pattern is stifling GAME’s growth

MarketLine

The video game industry across the West is incredibly cyclical, with regular console releases every seven to eight years providing very large revenues to major players and carrying them through the period in-between releases. However a shift in the console market, with console developers choosing to release completely new consoles at a slower rate and instead releasing interim consoles (such as Sony’s PlayStation 4 Pro), has hurt GAME Digital, a company only recent out of administration. It’s profit warning announced on June 30, the result of Nintendo’s decision to prioritize… Read more

Nicaraguan Canal project loses momentum: Expansions to Panama and Suez Canal reduce need for a second canal in Central America

MarketLine

The idea behind the Nicaraguan Canal dates back centuries, but has always been beaten back by the Panama Canal, initially by the latter’s construction, and secondly by its expansion, which has made the construction of the Nicaraguan Canal less desirable. Whilst the Nicaraguan government has declared the importance of the construction of the canal for the nation’s economy the Hong Kong Nicaragua Canal Development Group (HKND), which is in charge of the construction of the canal, has yet to initiate this construction five years after the project’s announcement. A number… Read more

HMS Queen Elizabeth: Britain’s largest ever warship launches, but it has some concerning flaws

MarketLine

The Royal Navy’s largest ever commissioned ship is launched ready for sea trials in June 2017. The Queen Elizabeth Aircraft carrier is over three times larger than the class it replaces the invincible class and has absorbed £6bn ($7.6bn) worth of investment and has taken around 10 years to come to fruition. There are a number of questions that surround the project however and in particular the military procurement process in the UK in general. There are concerns that there will not be enough crew ready to operate her, the… Read more

Car Loan Debt: Consumer debt getting out of control and risky betting on subprime loans

MarketLine

There are worries of a financial bubble forming in the car finance industry. Both in the UK and USA there has been a growing prevalence for dealers and manufacturers to offer PCP finance deals and this has led to a culture of consumers viewing vehicle ownership as direct debit agreements. This has rapidly increased new car registrations and thereby the amount of consumer credit and house debt that buyers are taking on because the amount of new vehicle sales that are funded by finance options is above 80%. Worryingly many… Read more

Aldi and Lidl US Expansion: US grocery retailers should be worried

MarketLine

Aldi and Lidl have been responsible for a huge shift in the grocery market across Europe. This has been particularly evident in the UK with the discounters growing their collective share of the market from 2.8% in 2000 to 12% in mid-2017. In a market that was previously dominated by four big retailers, this has been an impressive growth. The low prices offered by Aldi and Lidl, along with clever marketing campaigns and a growing reputation for quality produce, have enabled the discounters to erode the market share of the… Read more

Snapchat: Popularity germinates, safety concerns arise

MarketLine

Snapchat, the billion dollar social media company has grown substantially in value terms and very quickly over the past five years. With an increasing amount of new developments, Snap Inc. has somewhat introduced a new development which could revolutionize users’ experience with the smartphone’s interference with regards to day to day activities. Snap Map reveals a user’s location in real time to his/her friends or public in a design friendly interface which could mean friends can track exactly where their friends are at any point of time. With some positive… Read more

The global airlines industry will see accelerated growth by 2021, says MarketLine

MarketLine

The global airlines industry is set to rise from $569.5 billion in 2016 to $828.3 billion by 2021, representing a compound annual growth rate (CAGR) of 7.8%, and surpassing the peak growth rate of 7.4% seen in the period between 2012 and 2016, according to research firm MarketLine. The company’s latest report states that the emerging dynamic of the Asia-Pacific region, which accounts for 33.9% of the global industry, combined with signs of reduced rivalry in the European airline industry, are driving accelerated growth in global terms. The Chinese and… Read more

‘Energiewende’ boosts German renewable sector but change in policy leads to growth deceleration

MarketLine

Germany has set some of the most ambitious green energy targets for itself, not only in Europe but also the world. This decision has come about due to strong public opinion in favor of green energy in the country, especially as an increasing percentage of the population becomes aware of the negative consequences of global warming on the planet. Liberal feed-tariff rates have subsequently pushed Germany to become one of the largest producers of renewable energy in the world, with the country ranking third globally with regards to total cumulative… Read more

BoE interest rates: It is time for a raise

MarketLine

On June 15, the Monetary Policy Committee of the Bank of England decided once again to keep interest rates at the record low of 0.25%. However, the big news is that the unexpected 5-3 vote on that decision signals a change of a monetary policy, amid rising inflation that threatens households’ real income. This was no surprise as inflation in the UK economy reached 2.9% in May, keeping up its accelerated trend. In fact, this rate has surpassed the target rate of 2% set by the BoE, quicker than expected…. Read more

Behind the Digital Iron Curtain: Rise of Chinese Silicon Valley

MarketLine

After a long period of rapid, double digit growth, the Chinese economy entered a more sustainable phase of development, based on innovation and consumption. Given the large population of 1.3 billion in China, the explosive growth of smartphone users, e-commerce, and online content consumption and creation led to a digital revolution in almost all industries and business sectors. While the Chinese Communist Party is trying to match its social control in the real world with the virtual world, which becomes more and more restrictive, the country’s internet is thriving and… Read more