Many business magazines were announcing annual list of biggest and most powerful world companies but we will quote Forbes. According to them the lists of the top ten world biggest companies for 2010 looks like this:

1. JPMorgan Chase
Country: United States
Industry: Banking
Sales: $Bil 15.63
Profits: $Bil 11.65
Assets: $Bil 2,031.99
Market Value: $Bil 166.19 2

2. General Electric
Country: United States
Industry: Conglomerates
Sales: $Bil 156.78
Profits: $Bil 11.03
Assets: $Bil 781.82
Market Value: $Bil 169.65

3. Bank of America
Country: United States
Industry: Banking
Sales: $Bil 150.45
Profits: $Bil 6.28
Assets: $Bil 2,223.30
Market Value: $Bil 167.63

4. Exxon Mobil
Country: United States
Industry: Oil & Gas Operations
Sales: $Bil 275.56
Profits: $Bil 19.28
Assets: $Bil 233.32
Market Value: $Bil 308.77

5. ICBC
Country: China
Industry: Banking
Sales: $Bil 71.86
Profits: $Bil 16.27
Assets: $Bil 1,428.46
Market Value: $Bil 242.23

6. Banco Santander
Country: Spain
Industry: Banking
Sales: $Bil 109.57
Profits: $Bil 12.34
Assets: $Bil 1,438.68
Market Value: $Bil 107.12

7. Wells Fargo
Country: United States
Industry: Banking
Sales: $Bil 98.64
Profits: $Bil 12.28
Assets: $Bil 1,243.65
Market Value: $Bil 141.69

8. HSBC Holdings
Country: United Kingdom
Industry: Banking
Sales: $Bil 103.74
Profits: $Bil 5.83
Assets: $Bil 2,355.83
Market Value: $Bil 178.27

9. Royal Dutch Shell
Country: Netherlands
Industry: Oil & Gas Operations
Sales: $Bil 278.19
Profits: $Bil 12.52
Assets: $Bil 287.64
Market Value: $Bil 168.63

10. British Petroleum
Country: United Kingdom
Industry: Oil & Gas Operations
Sales: $Bil 239.27
Profits: $Bil 16.58
Assets: $Bil 235.45
Market Value: $Bil 167.13

The ranking is based on sales, profit, assets and market value. Only the public companies were considered.

Source: http://www.forbes.com/lists/2010/18/global-2000-10_The-Global-2000_Rank.html