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As European Commission President Jean-Claude Juncker complained in his first "state of the union" address earlier this month, the EU has not been appropriately represented in international institutions. He said: "How can it be that we - Europeans - are jointly major shareholders of global institutions such as the International Monetary Fund and the World Bank and still end up acting as a minority?" Washington, on the other hand, exercises veto power and the right to appoint US nationals as the heads of the World Bank and some other international financial institutions.

Apple Inc's 3.8 percent fall added to the pressure as the stock that led the market through much of its bull run opened at its lowest level since early May, pushing the tech-heavy Nasdaq to more than 7-month lows.

As China moves closer to the center of the international stage, the world is watching which development path the Asian giant will choose to embark on its new journey.

Apple’s historical reputation for walling off its products and software from the competition may be changing. Last year, the company partnered with Amazon to bring Apple Music to Alexa and iPhones to Amazon.com. It has also partnered with Samsung — a direct competitor — as well as Sony and Vizio to bring iTunes to smart TVs.

Apple, arguably America’s most prolific brand, didn’t make it into the top 100, for the second year in a row. Despite strong scores on products, the lack of a corporate narrative or corporate citizenship hurt Apple’s public image, according to the Reputation Institute.