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		<title>General Electric: No.1 in the Forbes Global 2000 List of World’s Biggest Companies</title>
		<link>http://businessaccent.com/2009/04/09/general-electric-no1-in-the-forbes-global-2000-list-of-world%e2%80%99s-biggest-companies/</link>
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		<description><![CDATA[General Electric Company leads the Forbes Global 2000 list of the world’s biggest companies. From no. 2 last year, the American giant company grabbed the no. 1 rank for the Global 2000 list for 2009. Next to GE is 2008 no. 6 ranked Royal Dutch Shell of Netherlands. Japan’s Toyota Motor Corp. who was no. [...]


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			<content:encoded><![CDATA[<p><LatentStyleCount="156"> </w:LatentStyles> </xml><span style="font-size: 10pt; font-family: Verdana;"><img class="alignleft size-full wp-image-543" title="ge-building" src="http://businessaccent.com/wp-content/uploads/2009/04/ge-building.jpg" alt="ge-building" width="275" height="210" />General Electric Company leads the Forbes Global 2000 list of the world’s biggest companies. From no. 2 last year, the American giant company grabbed the no. 1 rank for the Global 2000 list for 2009. Next to GE is 2008 no. 6 ranked Royal Dutch Shell of Netherlands. Japan’s Toyota Motor Corp. who was no. 8 last year has climbed to the third spot.<span> </span>These Companies proved that even in times of global economic crisis, there will always be opportunities for corporate success. </span></p>
<p class="MsoNormal"><span style="font-size: 10pt; font-family: Verdana;"> </span></p>
<p class="MsoNormal"><span style="font-size: 10pt; font-family: Verdana;">UK</span><span style="font-size: 10pt; font-family: Verdana;">’s HSBC Holdings, the no. 1 ranked company in 2008, has slipped down to No. 6 this year. The biggest loser among the top three last year, was <span id="more-542"></span>Bank of America, who was in the third spot during 2008, but fall down to no. 38 this year. The Forbes Global 2000 list is ranked based on the Company’s sales, profits, assets and market value. The following are the top companies based on those criteria:</span></p>
<p class="MsoNormal"><span style="font-size: 10pt; font-family: Verdana;"> </span></p>
<p class="MsoNormal"><span style="font-size: 10pt; font-family: Verdana;">Based on Sales: </span></p>
<p class="MsoNormal"><span style="font-size: 10pt; font-family: Verdana;">Royal Dutch Shell (Global 2000 ranked No. 2) of Netherlands with $458.36 Billion sales</span></p>
<p class="MsoNormal"><span style="font-size: 10pt; font-family: Verdana;"> </span></p>
<p class="MsoNormal"><span style="font-size: 10pt; font-family: Verdana;">Based on Profits: </span></p>
<p class="MsoNormal"><span style="font-size: 10pt; font-family: Verdana;">ExxonMobil (Global 2000 ranked No. 4) of USA with $45.22 Billion profits</span></p>
<p class="MsoNormal"><span style="font-size: 10pt; font-family: Verdana;"> </span></p>
<p class="MsoNormal"><span style="font-size: 10pt; font-family: Verdana;">Based on Assets: </span></p>
<p class="MsoNormal"><span style="font-size: 10pt; font-family: Verdana;">Royal Bank of Scotland (Global 2000 ranked No. 431) of United   Kingdom with $3,490.80 Billion assets</span></p>
<p class="MsoNormal"><span style="font-size: 10pt; font-family: Verdana;"> </span></p>
<p class="MsoNormal"><span style="font-size: 10pt; font-family: Verdana;">Based on Market Value: </span></p>
<p class="MsoNormal"><span style="font-size: 10pt; font-family: Verdana;">ExxonMobil (Global 2000 ranked No. 4) of USA with $335.54 Billion market value</span></p>
<p class="MsoNormal"><span style="font-size: 10pt; font-family: Verdana;"> </span></p>
<p class="MsoNormal"><span style="font-size: 10pt; font-family: Verdana;">GE was No. 10 based on sales ($182.52 billion); 7th based on profits ($17.41 billion); No. 33 based on assets ($797.77 billion); and 27th based on market value ($89.87 billion).</span></p>
<p class="MsoNormal"><span style="font-size: 10pt; font-family: Verdana;"> </span></p>
<p class="MsoNormal"><span style="font-size: 10pt; font-family: Verdana;">Google, the internet search engine king was ranked no. 155th in the Global 2000. Google, Incorporated was ranked no. 213 last year. Yahoo, Inc. on the other hand was ranked no. 667th this year from 648th spot last year.</span></p>
<p class="MsoNormal"><span style="font-size: 10pt; font-family: Verdana;"> </span></p>
<p class="MsoNormal"><span style="font-size: 10pt; font-family: Verdana;">For more information about Forbes Global 2000 list, please visit the <a href="http://www.forbes.com/2009/04/08/worlds-largest-companies-business-global-09-global_land.html" target="_blank">Forbes website.</a></span></p>
<p class="MsoNormal"><span style="font-size: 10pt; font-family: Verdana;"><em>Thanks to Erkan for the photo.</em><br />
</span></p>


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