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The number of US companies featured in a emminent business magazine's annual list of the world's top 500 global companies fell to its lowest level ever, Fortune magazine has said, while more Chinese firms appeared than ever before.
Signaling the effects of the devastating financial crisis on the US economy, a non-US firm topped the list for the first time in over a decade, with Anglo-Dutch energy giant Royal Dutch Shell coming in first.
The firm brought in 15 billion dollars (11 billion euros) more in sales than second place oil rival Exxon Mobil of the United States.
China, Asia's ever-soaring powerhouse economy, saw its fortunes rise across the board with a Chinese firm -- oil giant Sinopec -- appearing in the top 10 for the first time, the magazine reported Wednesday.
"All that is required for evil to triumph is for good to do nothing."
Last edited by Fogbuster; 07-09-2009 at 08:06 AM..
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