For the first time, China is home to the world’s three biggest public companies and five of the top 10. State-controlled Chinese bank ICBC holds onto its No.1 spot for a second consecutive year, while China Construction Bank takes second place and Agricultural Bank of China moves up five spots to third. They’re joined in the top 10 by the other member of the “Big Four” Chinese banks, Bank of China, at No.9.
The overwhelming weight of the coverage of the oil market by analysts and commentators concentrates on the supply side and the volumes being produced and exported from Saudi Arabia or elsewhere. Supply is important but costs matter more.
Children show “Paper-cutting Flowers” (China Southern Dance School under the China Dancers Association)
Three leading energy agencies recently said production from outside the Organization of the Petroleum Exporting Countries would increase this year, much of it from U.S. shale. Added to that is the possible return to market of millions of Middle East barrels as Iran, Iraq and Libya potentially ramp up production. All of that is set to press on prices.
Drama Series: “Game of Thrones” (HBO)
I get that Frank Vogel is experimenting to find a winning rotation, but this roster is so unbalanced and the best prospects aren't being put in great positions.
Investors have noticed Honda’s troubles. The automaker was one of the very few worldwide to avoid deep losses during the global financial crisis. Still, its common shares are down 17.2% over the past year, while the Nikkei 225 Index is up 7.4% and Toyota Motor shares are up 19.5%.
Newcomers: Among the 15 newcomers on this year’s list are South Korean President Park Guen-hye (No. 11); Lockheed Martin CEO Marillyn Hewson (No. 34); CEO Tory Burch (No. 69); Spanx founder Sara Blakely (No. 90) and Baidu CFO Jennifer Li (No. 98).
9. Putting Yourself in Someone Else's Shoes Improves Memory
8. Taxi driver
A Pioneering German Feminist Looks Back in Anguish