Nestlé edges out Royal Dutch Shell to move into 15th position worldwide – up three places with a stock market value of $252 billion (CHF250 billion), the annual report by the services company Ernst&Young found.
Two Swiss pharmaceutical giants, Roche and Novartis, also feature in the top 100, in positions 24 and 31 respectively, both of them improving their global standing.
Two insurance companies – Chubb and Zurich Insurance Group – as well as the commodity and mining firm Glencore, the leading UBS bank and the engineering company ABB are listed among the top 300.
The most expensive company in the world is the United States technology firm, Microsoft, which relegated Apple to second place ahead of Alphabet, the parent company of Google.
The most valuable non-American firms are Chinese internet companies Tencent and Alibaba in positions six and nine respectively.
Switzerland takes fourth place in the country ranking behind the US, China/Hong Kong and Britain.
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Nestlé: battle for the millennial coffee drinker
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Nestlé is one of many companies acquiring small, premium coffee brands. Will this boost growth and what does it mean for the small, local coffee shop?
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The Swiss food giant can no longer claim to use certified sustainable palm oil but was allowed to continue extracting water from Southern California.
Nestlé ranked among top plastic polluters worldwide
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Coca-Cola, PepsiCo and the Swiss food giant Nestlé are the world's biggest producers of plastic waste, according to an indicative study by Greenpeace.
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Swiss food giant Nestlé plans to cut as many as 500 computer-service jobs in Switzerland as part of a restructuring plan to increase profitability, the company announced on Tuesday.
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The Swiss food giant Nestlé is set to pay Starbucks $7.1 billion (CHF7.1 billion) to market the American firm’s products outside Starbucks’ coffee shops.
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Swiss food group Nestlé hopes to sweeten the outlook for its global confectionery business by launching KitKat bars made out of “ruby” chocolate.
Nestlé to move chocolate research from Switzerland to UK
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The Swiss food giant Nestlé is transfering its chocolate research centre from Broc in canton Fribourg to York in the north of England.
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If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.