Their inclusion has come at the expense mainly of European companies, signalling the shift in economic power towards the east. There is only one Indian brand in the top 100 ranking — HDFC Bank. Russian, Mexican and Brazilian brands have fallen out of the ranking in the past few years — a sober reflection of the changing fortunes of these emerging markets.
The GM turnaround will drag on. Forget a 2010 IPO.112
On the US, Rabobank said it was cautious on the outlook following the election as president this month of Donald Trump.890