The weak euro and the Karen Millen Dresses
debt crisis for the European companies. In a global ranking of top European http://www.karenmillendressesinuk.com
companies pay a much. Create only four German companies are among the most valuable 100th Topping the list of industry giants from the United States.
Stuttgart - The U.S. and China are great, Europe falls: this is the result of the global ranking of the 100 most valuable listed company, created by the accounting and consulting firm Ernst & Young. European companies appear in the ranking only 32 times on - and so do not even have a third of the top companies. 18 months ago there were only 36 companies.
In the U.S., the trend is reversed: Did the United States in 2007 - ie before the financial crisis - only 32 of the 100 most valuable companies in the world, there are currently 43rd
The declining importance of Europe in the ranking for dollars created,Karen Millen was due only in part to the weak euro, said Ernst & Young partner Thomas Harms. Rather, the main cause is the crisis in the euro-zone. "The debt crisis currently hovers like a sword of Damocles over Europe," says Harms. The uncertainty is large: "For investors, with investments in European companies are very cautious, but also with the company itself, the drive back in the face of weak economic development of their investment."
The good news: German companies Karen Millen Dresses have maintained their position. As in the previous year made it four German Karen Millen Dress companies in the Top 100: Siemens (Rank 71/Vorjahr 58) SAP (77/89), Volkswagen (80/88) and BASF (97/93). A recent global survey published by Ernst & Young investors had shown for the Federal Republic of top grades.
Apple, Exxon and PetroChina are the most expensive companies in the world
Four of the five most valuable companies in the current rankings come from the United States. The computer maker Apple and the energy giant Exxon Mobil leading the list. China's oil giant PetroChina reached number three. The following are the software giant Microsoft and the retail giant Wal-Mart. In the top ten in Europe is currently with Royal Dutch Shell from the Netherlands only represented with a company.
Among the top 100 are also prominent newcomers: The online network Facebook assigned rank among the 75 most valuable companies in the world