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Asian nations today, led by the global titans China and India, are roaring ahead, gaining importance both economically and politically.
Former global titans, such as Petrobras and Vale, have seen their market value sink, their credit ratings slashed and their workforces (largely concentrated in Rio) downsized.
Italy's stadiums were aging, the clubs failed to grasp the need for effective marketing and few Serie A teams could be compared to global titans like Manchester United, Real Madrid and Barcelona.
Yet their aspirations to become big global investment banks have moved out of reach.As for the global titans, they will come under ever greater pressure to cut costs—and will respond by expanding even more to gain economies of scale and scope.
Chocolate Fortunes: The Battle for the Hearts, Minds, and Wallets of China's Consumers is the story of the "Big Five" global titans of chocolate--Ferrero, Cadbury, Hershey, Nestle and Mars--that are battling to capture a once-in-a-lifetime opportunity to establish their brand with one-fifth of the world's population.
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Unilever, another global titan, reported 11% earnings growth the other day, fuelled by its emerging markets interests.
The extravagantly gorgeous "Discovery Atlas: China Revealed" portrays China less as an emerging global titan than as an array of fabulous tourist destinations.
But one suspects that the main explanation for fund managers' near-silence is Shell's status as a global titan whose board cannot be embarrassed into seeking a last-minute renegotiation of terms.
He dutifully carried out every change ordered up by others as if it were his idea, and Mr. Murdoch, global titan that he is, took every move as permission to grab for more.
We will move from a corporate structure fit for a global titan to one better suited to a first-rate UK bank.
Through modernization and international expansion, Aleotti built the 180-employee firm based in Florence into a global titan, with more than 16,000 employees and 14 manufacturing sites around the world.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com