- City Fajr Shuruq Duhr Asr Magrib Isha
- Dubai 04:56 06:10 12:26 15:53 18:37 19:52
(JOSEPH CAPELLAN) | |
HSBC Holdings leads this year’s global 2,000 in size, moving past Citigroup, which is now ranked 24.Forbes magazine has compiled the rankings on the basis of a composite score of sales, profit, assets and market capitalisation. HSBC is followed by industrial conglomerate General Electric, Bank of America, JPMorgan Chase and ExxonMobil, all four from the US. According to Forbes, the Global 2000 companies have combined revenues of $30 trillion (Dh110.1trn), $2.4trn of profit, $119trn in assets and $39trn in market capitalisation. In terms of sectors, banking has the largest presence with 315 firms in the global list. Even among the Indian companies, one-third or 16 of them belong to this sector. |
Follow Emirates 24|7 on Google News.