last year, there were six German companies – now, only the two in the “Top 100” of the most valuable companies in the world. Responsible for US President Trump.

The German stock market heavyweights have lost in the past year, in an international comparison, is massively important. Only the software group SAP and the technology giant Siemens are to be found at the end of the year among the hundred most valuable companies in the world, such as from an evaluation of the auditing company EY (Ernst & Young).

a year Ago, six German companies had played in the first League of the stock market. The crash of the auto industry and the looming downturn in Europe cost Volkswagen, Bayer and BASF and their places among the “Top 100”. The insurance group Allianz landed on rank 101.

in addition, Siemens is SAP among the top 100 most valuable corporations.

SAP # 61 – Microsoft> front <p class="text small" The only German company with a three-digit billion-value of SAP ($119.6 billion) is now. The group is ranked 61 among the "Top 100". Siemens follows with 92.5 billion us dollars (closing price of 27. December, according to the Reuters news Agency) to rank 89.

the leader, with a market value of 776.7 billion dollars, therefore, is Microsoft. The software giant is extruded to Apple. The iPhone-manufacturer Apple lost the favor of the investor and is the second (741 billion dollars). Thus, eight of the ten most valuable companies in the world as a whole, according to the EY-evaluation from the United States.

Microsoft has replaced, according to the Ernst & Young evaluation of Apple.

in particular, the two chemicals and pharmaceuticals giant Bayer, and BASF have been buffeted in the stock market. EY-Germany-in-chief Hubert Barth also sees the trade conflicts as the reason for the problems of the German companies: “Because of their relatively small home market and the strong orientation to foreign markets, they suffer from a more trade tensions, and punitive tariffs than the US corporations.” In addition, the European economy will lose currently, a total of to travel, “while the US economy is buzzing.”

US President Donald Trump had imposed in the summer of, among other things, punitive tariffs on steel imports from the EU. Also between the US and China, there is a trade conflict. According to the German chamber of industry and Commerce day (DIHK) cost the German economy alone in the year that is a billion amount.

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