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Forbes Global 2000

All articles tagged with #forbes global 2000

business2 years ago

JPMorgan Reclaims Top Spot as World's Largest Company, Berkshire Hathaway Slips.

JPMorgan has regained its position as the world's largest company, according to the Forbes Global 2000 list, for the first time since 2011, with $180bn in total revenue in the 12 months through March, up 44% from last year. The US is home to 611 of the companies on the list, ahead of China and Hong Kong's 346 companies in second place. Berkshire Hathaway fell from the top spot all the way to No. 338 due to its $22.8 billion net loss in the last 12 months.

via Forbes|
#banking-industry#berkshire-hathaway#business
finance2 years ago

"Global 2000: Ranking the World's Largest Industries in 2023"

The Forbes Global 2000 list of the world's largest public companies includes 100 insurance companies, with UnitedHealth Group taking the top spot and Ping An Insurance of China coming in second. Insurance giants from the US, China, Germany, France, and Switzerland make up five of the top 100 on the list. Rising interest rates have bolstered income for insurers, but the S&P Insurance Select Industry Index has lost nearly 1% in the past year, outpaced by a roughly 3% gain for the benchmark S&P 500 index.

via Forbes|
#allianz#finance#forbes-global-2000
business2 years ago

"Global 2000: Ranking the World's Top Companies in 2023"

Walmart has regained its position as the world's largest retailer, surpassing Amazon, which has dropped 30 spots on Forbes' Global 2000 list due to pandemic-related losses and a slowdown in sales. Alibaba remains the third-largest retailer in the world, but has faced challenges due to pandemic shutdowns and cautious Chinese shoppers. Other retailers, such as Bath & Body Works, Best Buy, and H&M, have also dropped in the rankings due to a pullback in discretionary spending. Pinduoduo, a Chinese e-commerce giant, has risen in the rankings after launching in the US.

via Forbes|
#amazon#business#e-commerce