Head of Germany's Federal Criminal Police Office said that police registered nearly 83,000 cases of cybercrime in 2016, with the total damage estimated to be more than $56 million.
Nokia is to sell its underwater cables division, which is valued at about $870M. Nokia acquired the division last year when it purchased French rival Alcatel for $17B.
Wall Street kept losses on Wednesday after the Federal Reserve's policy-making group decided to leave the federal funds rate unchanged.
Amid a spate of live broadcasts of grisly incidents, Facebook plans to hire 3,000 additional employees over the next year to monitor content and remove violent videos.
The US Secretary of State Rex Tillerson reported on Wednesday that the United States would impose new sanctions against North Korea if the situation requires.
On Wednesday, the Turkish President Tayyip Erdogan said he would continue taking defensive measures on the Turkish-Syria and Turkish-Iraq borders.
The Russian President Vladimir Putin reported on Wednesday that relations between Russia and Turkey had fully recovered.
On Wednesday, Institutional Shareholder Services called for a special audit investigation into Deutsche Bank's poor control framework.
Europol reported on Wednesday that the Islamic State was developing its own social media platform to prevent information leakage.
The EU hopes to agree with the UK by November 2017 on a formula for calculating how much it will owe the 27-nation bloc after its withdrawal, according to the EU Chief Negotiator for Brexit.
The ISM reported on Wednesday that its PMI for the US services sector rose to 57.5 in April, following the prior month's 55.2 and surpassing expectations for a slight increase to 56.1.
The EIA reported on Wednesday that US crude oil inventories fell 0.9M barrels last week after dropping 3.6M barrels in the preceding week, while analysts anticipated a 3.3M-barrel decline.
On Wednesday, the Greek Court issued an order against another Turkey's request for extradition of the three soldiers who fled away to Greece last July amid failed coup attempt.
Markit reported on Wednesday that US services activity rose to 53.1 in April compared to the preceding month's 52.8.
Time Warner exceeded analysts' expectations by reporting an 8.2% rise in quarterly earnings to $3.37B due to the success of its "Kong" and "The LEGO Batman" movies.
US private companies created 177K new positions in April after adding 255K jobs in the prior month, roughly in line with forecasts.
On Wednesday, China's President Xi Jinping contacted the Philippine President Rodrigo Duterte to discuss the Korean peninsula situation by phone call.
According to the preliminary data released by Eurostat, the Euro zone economy expanded 0.5% in the March quarter, meeting analysts' expectations.
On Wednesday, Swiss government made a decision to extend the custody of the former Gambia interior minister Ousman Sonko for the next three months while the probe in an anti-humanity case lasts.
The French Presidential nominee Marine Le Pen seeks to change the country's electoral law in case she wins the election this Sunday.
On Wednesday, David Davis, the UK Brexit Minister, dismissed the rumours of the alleged Brexit bill figures that the UK might have to pay to the EU. Up to this point any social media reports of 100 billion Euro bill remain unconfirmed.
According to the Brexit Minister David Davis, UK wants to reach a beneficial for its citizens deal, which would not take away many rights and opportunities from what they have now.
China called all sides to exercise restraint regarding the Korean peninsula after the US deployed its bomber jets over the half-island during the combined exercise with the South Korean air power.
On Wednesday, the Brexit minister David Davis controverted the Financial Times' statement that EU intended to demand $109B from the UK for leaving the bloc, saying Britain would not pay the Brexit bill.