World’s 722 biggest companies ‘making $1tn in windfall profits’

World’s 722 biggest companies ‘making $1tn in windfall profits’

Upworthy

Published

The world’s 722 biggest companies collectively are making more than $1tn a year (£780bn) in windfall profits on the back of soaring energy prices and rising interest rates, according to research by development charities. The companies made $1.08tn this way in 2021 and $1.09tn last year, according…

#780bn #oxfam #actionaid #windfall #none18 #none28 #nonenine #katychakrabortty #eastafrica

Full Article