Fortune Global 500 in 2024: Biggest Risers and Fallers Explained
The 2024 edition of the Fortune Global 500 reflects a rapidly shifting global economy. While traditional sectors like banking experienced a resurgence thanks to rising interest rates and digital innovation, others—such as shipping and pharmaceuticals—faced steep declines as the world adjusted to post-pandemic norms. In this in-depth analysis, we spotlight the ten biggest risers and fallers in this year’s rankings, exploring the key drivers behind each company’s dramatic movement. From UBS’s leap after acquiring Credit Suisse to Pfizer’s fall following the waning demand for COVID-19 vaccines, these stories offer valuable insight into how strategy, geopolitics, and macroeconomic trends continue to reshape the corporate landscape.