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Biggest transnational companies

According to the latest World Investment Report from the UN Conference on Trade and Development,General Electric holds foreign assets worth $401 billion....

Written by The Economist |
August 6, 2010 3:19:31 am

According to the latest World Investment Report from the UN Conference on Trade and Development,General Electric holds foreign assets worth $401 billion,more than any non-financial firm. The American conglomerate has half of its assets abroad. For Vodafone,a British telecoms company,and ArcelorMittal,a steelmaker with its headquarters in Luxembourg,the share is more than 90 per cent. Six of the ten biggest transnational corporations by foreign assets are from the oil or power industries. Toyota,the world’s biggest carmaker,is the only Asian firm among the top 12. Exxon Mobil had the largest foreign sales,of $322 billion. Wal-Mart,ranked only 30th by foreign assets,had the most employees abroad: 650,000.

© The Economist Newspaper Limited 2009

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