The China banking giant ICBC has topped “The Forbes Global 2000” list of the biggest and most powerful companies worldwide. Their main contenders, in 2nd, 3rd and 4th place respectively, were China Construction Bank, Agricultural Bank of China and Bank of China. Forbes compiles the Global 2000 list using data from FactSet Research systems to screen for the biggest public companies in four metric: …
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Wal-Mart Stores Inc. (U.S.) unseated Royal Dutch Shell (Netherlands) to grab the top stop of the Fortune Global 500 list, with a 4.6 percent annual increase in earnings to $140.9 billion. Sinopec Group (China) occupied third place in the list. The Fortune Global 500 has a record 17 female chief executive officers, including newcomers Mary Barra (General Motors), Nishi …
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The U.S. banking giant JPMorgan Chase has topped ‘The Forbes Global 2000” list of the biggest and most powerful companies worldwide. Their main contenders, in 2nd, 3rd and 4th place respectively, were General Electric, Bank of America and ExxonMobil. The ranking, spanning a total of 62 counties, shows that the corporate dominance of the developed …
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What was the big news in this year’s Global 500 list? For starters, Chinese industries, from aerospace to banking to oil, put up a strong showing. Others didn’t fare as well. Overall, corporate profits, ravaged by the recession, fell 48.3 percent. When it comes to global competition, the U.S. isn’t always in pole position. In …
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