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OTHER NEWS - July 6, 1992

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From Times Staff and Wire Reports

Foreign Companies Ranked: Royal Dutch/Shell Group ranks as the world’s most powerful company, while Japan remains the undisputed overseas champion when it comes to producing economic powerhouses, according to Forbes magazine’s July 20 issue. The issue, which reaches newsstands Wednesday, says Royal Dutch did best overall on sales, profits, assets and market valuation to take the No. 1 slot for the third straight year in Forbes’ annual International Super 50 composite ranking. The magazine says the Netherlands-based oil giant ranked sixth in sales, first in profits, 37th in assets and first in market value, giving it the best composite ranking. Royal Dutch increased its market capitalization by more than $5.5 billion last year, surpassing Japan’s Nippon Telegraph & Telephone, Forbes says.

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