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German Chancellor Olaf Scholz is pledging that his government will tone down frequent public infighting that has weighed it down badly in polls as it works to pick up the country’s stagnant economy, Europe’s biggest

Check out the companies making headlines before the bell.

Global shares are mostly trading higher, boosted by a Wall Street rally that came on positive reports on consumer confidence and job openings

Also Read: ‘Invite to African Union made G20 more inclusive’ The G20, consisting of 19 individual nations (Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Türkiye, United Kingdom, and the United States) along with the European Union, collectively forms a prominent international assembly. As per the central government website on the G20 Summit, the G20 was upgraded to the level of heads of state, and government in the wake of the global economic and financial crisis of 2007, and, in 2009, was designated the “premier forum for international economic cooperation". The G20 Presidency oversees the G20 agenda over a span of one year and takes on the role of hosting the Summit.

By Abhinav Mital

European shares opened higher on Wednesday, as positive results from insurer Prudential lifted the sector, while investors awaited more key data to gauge the economic health of the region. By 0703 GMT, the pan-European STOXX 600 edged 0.1% higher after rising nearly 1% each in the previous two sessions. European insurers added 0.7%, with Prudential climbing 2.7% after the Asia-focused insurer posted a higher first-half operating profit. Shares of Direct Line Insurance Group rose 1% after the British motor and home insurer named Adam Winslow, a senior executive at Aviva, as its new CEO. Heavyweight energy stocks gained 0.4%, tracking higher crude prices, while basic resources added nearly 1% in early trade. Germany's DAX added 0.2% ahead of August inflation data due later in the day. Also on the radar would be Spain's inflation data and a euro zone consumer confidence print. Among other individual stocks, Orsted slumped 11.8% after the world's No.

Shah Rukh Khan-starrer Pathaan will release in Japan on 1 September. When released in India this January, it had made over Rs. 543 crore in domestic box office collections, emerging as the highest grossing original Hindi film till date.

China poses to American hegemony. It's an intriguing thesis, but in China's case it has a glaring flaw: The main challenge we will face from the People's Republic in the coming decade stems not from its rise but from its decline — something that has been obvious for years and has become undeniable in the past year with the country's real estate market crash. Western policymakers need to reorient their thinking around this fact. How? With five don'ts and two dos. First, don't think of China's misfortunes as our good fortune. A China that can buy less from the world — whether in the form of handbags from Italy, copper from Zambia or grain from the United States — will inevitably constrain global growth.

Germany’s biggest energy utility, RWE, has pledged to invest about $6 billion in a major expansion of its Australian renewable power business by 2030, undeterred by the hurdles in the way of the build-out of wind and solar energy across the country.

An international law-enforcement operation has dismantled a network of hundreds of thousands of computers that criminals used to launch cyberattacks against critical industries worldwide, U.S. authorities said Tuesday. Investigators in the U.S., U.K., France, Germany, the Netherlands, Romania and Latvia took aim at a notorious strain of malware known as Qakbot that had infected more than 700,000 computers, took control of them and enabled them to be leased out to criminal gangs to facilitate more cyberattacks.

NEW DELHI : Mastercard Inc.’s dominance in the payment process makes the company, along with Visa Inc., no less than what Google Llc is to search. But a more important fact—and less discussed detail —is the company’s impressive profitability: Mastercard ended with a 58.3% operating margin on $6.3 billion in revenue in the second quarter. In an interview, Michael Miebach, the chief executive who succeeded Ajay Banga in 2021, discussed Mastercard’s Indian strategy.

By Andreas Rinke and Maria Martinez

By Patrick Wingrove

Investing.com — European stock markets traded higher Tuesday, with the U.K. leading the way after returning from holiday, even after German consumer confidence weakened. 

Bayer on Tuesday announced, that after more than 25 years of service, D Narain the current president of Bayer South Asia; vice chairman, managing director & CEO of Bayer Crop Science Limited (BCSL) and the global head of smallholder farming for Bayer, will retire by end of November 2023. Simon-Thorsten Wiebusch will take over as president, Bayer South Asia and as vice chairman, managing director & CEO of Bayer CropScience Ltd (BCSL) on November 1st, 2023. Simon will take on these new responsibilities, in addition to his current role as Country Division Head (CDH) of India, Bangladesh & Sri Lanka (IBSL) cluster in Crop Science. Simon moved to India in December 2018 as Chief Operating Officer of IBSL cluster and in partnership with D established the cluster as a strong growth engine for smallholders before being appointed the Country Division Head (CDH) at the beginning of 2022.

“The American". Rich, self-made and free of class prejudice, Newman moves to Paris for fun, only to be sucked into the intrigues of the French aristocracy. The template still describes one type of American expat: the well-off innocent who comes to Europe for amusement or edification.

Mineral Resources is in talks with car makers about joining forces in lithium after ditching battery chemicals giant Albemarle as a partner in processing as it tries to divert its mineral output away from China.

Germany’s rail workers will not go on open-ended strikes after less than 50% of union members voted for all-out strike action

FIBA Basketball World Cup, the USA have registered two initial wins, cruised past Greece, and have clinched the group round. Canada defeated France, who were eliminated on Sunday after yet another defeat at the hands of Latvia. Steve Kerr has coached Team USA and led by Anthony Edwards, Jalen Brunson, Jaren Jackson Jr. and Mikal Bridges led them. The US finished seventh in 2019 and they hope for a better result this year.

electric scooters that have become ubiquitous in Paris and other cities worldwide will be banned in the French capital on September 1. It is the biggest metropolis to remove the app-based devices that first zoomed onto streets in 2018, but many other cities have taken action on the vehicles that can inspire love or loathing. While users hail them as eco-friendly ways to avoid gridlock, detractors consider them as an unsightly menace with the power to maim and kill. Here is a look at the state of play in other cities worldwide:Paris: the pioneer The French capital was an early adopter of e-scooters in 2018, when the pavements were soon strewn with discarded rental devices from the first operator, Lime. After an uproar over the anarchy and a number of fatal accidents, the city clamped down, reducing the number of operators to three (Dott, Lime and Tier) and the number of scooters to 15,000. For privately owned scooters, the minimum age for riders is 12 (the government wants to raise that to 14), but the Paris rental operators said last November they would step up enforcement of a minimum age of 18 — after city officials warned their licenses were in jeopardy. They also must be parked in designated spots and riders are not allowed to go over 10 kilometres per hour in most parts of Paris — but many do anyway. In April, residents voted in a referendum to ban rental scooters, a move that will not impact privately owned devices.Barcelona and Montreal: outright bans A few cities before Paris have taken the same drastic measures with an outright ban. Barcelona outlawed rental scooters on public roads in 2018.

In a pioneering move, Lego is set to launch Braille bricks specially designed for visually impaired children, aiming to facilitate interactive learning and inclusion. Starting from September 1, the "Lego Braille Bricks — Play with Braille" set will be available in Italian, French, and English, followed by German and Spanish versions in early 2024.