At the start of Wednesday's US trading, crude oil price benchmarks declined. The move was attributed to a smaller than expected decline in US oil inventories.
During the first hours of Wednesday's trading session, US stock indices remained flat, as the markets were expecting the Federal Reserve announcements scheduled for 18:00 GMT.
Hours before the official Federal Reserve rate announcement, most market forecasts indicated that the Fed's interest rate will remain unchanged.
Repsol, the Spanish energy company, is trimming around 30% of its workforce in Canada amid its global restructuring, the group announced on Tuesday in an email.
Harley-Davidson will team up with the Chinese firm Qianjiang Motorcycle to make new smaller bikes, following its promise to produce more motorcycles overseas, despite the decision angered the US President Donald Trump.
The Croatian government is set to lift quota for foreign employees in the construction and tourism sectors this year, after a recent appeal filed by employers.
Apple is exploring the option to move 15% to 30% of the company's production capacity to Southeast Asia from China on the back of its restructuring plans for the tech giant's supply chain, a Nikkei report showed on Wednesday.
On Wednesday, a rocket hit residential and operational buildings of large oil companies in Basra, Iraq. The event is bound to decrease oil supply that would cause a price surge.
On Wednesday, Peter Altmaier, the German Economy Minister, has raised the Hong Kong issue over the extradition law during his official visit to China's capital this week.
Boris Johnson has won 40% of votes in the contest's second round, moving towards to become the next British Prime Minister and succeed Theresa May, on his firm pledge to withdraw the country from the EU bloc by October 31.
On Wednesday, Qantas Airways announced that it would add 10 Airbus jets to its order, taking the company's total A320neo aircraft order to 109.
The United States and China are reviving trade negotiations ahead of the meeting between President Xi Jinping and President Donald Trump at the G20 summit in Japan.
Confidence among companies in Asia dropped to the lowest since the 2008 financial crisis in the June quarter, as the US-China trade war disrupted global supply chains, a survey found.
During the Paris Airshow on Tuesday, Airbus and Boeing have closed deals totalling more than $17 billion. The news are bound to boost both company stock prices.
The Atlanta Federal Reserve announced on Tuesday that it is decreasing its US GDP annual growth forecast from 2.1% to 2.0%.
On Tuesday, the Governor of the Bank of England announced that during the last ten years central banks have made advances in the way that they manage their economies.
The US President Donald Trump announced on Tuesday that the US and Chinese trade talk teams will restart talks ahead of the G20 summit.
On Tuesday, the Chancellor of Germany Angela Merkel announced that western sanctions on Russia would be lifted if the sovereignty of Ukraine would be restored.
Bloomberg reported on Tuesday that the CEO of Deutsche Bank Christian Sewing is organizing a top management overhaul, which would include replacing the CFO.
On Tuesday, the US President Donald Trump announced he was set for a meeting with China's President Xi Jinping later this month during the G20 summit in Japan, adding the trade talks would also restart before time.
Infineon Technologies has raised $1.74B in the accelerated capital increase, seeking to fund its planned takeover deal of Cypress Semiconductor with shares placed at €13.70 for a piece.
Brazilian planemaker Embraer has agreed at the Paris Air Show on a deal with United Airlines valued at $1.9B for the 39 E175 jets delivery, which is seen to start in the 2020 Q2.
The Swedish truckmaker Volvo is set to team up with the US chipmaker Nvidia for the next couple of years over artificial intelligence development for self-driving trucks, the firms announced on Tuesday.
On Tuesday, it was announced by Facebook that the company plans to launch its cryptocurrency, which is named Libra. Moreover, the social network will offer crypto wallets named Calibra.