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Google leaps up company rankings
Google has been named as one of the world's 100 largest companies. The internet search company leapt from 279th place to 95th in the latest FT Global 500 rankings. Google's market capitalisation (calculated by multiplying current share price by the number of shares in issue) is more than £28bn. In May, Google announced a nearly six-fold surge in quarterly profits. The California-based group put this down to more consumers clicking on its search ads, more advertisers moving to the web and a drop in company costs. News source: Web User |
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