The Census Bureau reported that business inventories in the United States fell 0.2% in April after a similar drop in March, whereas analysts anticipated a decline of 0.1%.
The Conference Board reported that its Leading Economic Index for the UK dropped 0.3% in April, following the preceding month's upwardly revised fall of 0.1%.
Jessica Rosenworcel is likely to become the FCC commissioner for the second time as the US President Donald Trump had put her forward as a candidate on Tuesday.
The Bureau of Labour Statistics reported on Wednesday that the United States' core consumer price index remained unchanged at 0.1% in May, while analysts anticipated a slight rise to 0.2%.
On Wednesday, Qatar Airways stated that the majority of its network was unaffected by the airspace restrictions imposed by its neighbour Gulf states.
The Census Bureau reported on Wednesday that retail sales in the United States dropped 0.3% in May from the prior month's unrevised 0.4% reading, missing analysts' expectations for a 0.1% gain.
No less than six people, including children, are reported to be dead, while 74 others got injured as a 24-story high-rise block burst into flames in the central London on Wednesday.
According to the ONS, the unemployment rate in the United Kingdom remained unchanged at 4.6% in April, meeting analysts' expectations.
The UK Prime Minister and the Northern Ireland's DUP renewed their talks on May's minority government support on Wednesday, despite the anticipated delay.
On Wednesday, Finland's security service raised its level of threat as it became aware of some terrorism-related plans in the country.
The future head of the Philippine's central bank Nestor Espenilla has expressed concern about the growing credit amount in the country and announced that it is being closely watched.
Klaas Knot the chief of the Dutch central bank and a critic of the ECB bond buying scheme announced on Wednesday that the impact on inflation of the 2.3 trillion asset purchasing has been a disappointment.
The British PM Theresa May designated the Brexit supporter Stephen Barclay as the UK Economic Secretary for the Ministry of Finance, a government spokeswoman reported.
On Wednesday, Qatar made a decision to call out its troops from the Djibouti-Eritrea border amid a diplomatic crisis it faced with some of its Gulf neighbour states.
According to the Pacific Tsunami Warning Centre, an undersea earthquake of magnitude 7.0 hit the Mexican Southwest Pacific coast on Wednesday.
Destatis reported on Wednesday that the German CPI plunged 0.2% in May, following the same fall in the preceding month, while analysts anticipated a jump of 0.5%.
The number of casualties in Bangladesh rose to 134 on Wednesday after a series of landslides caused by heavy rains hit the country's hillside homes.
The US fashion retailer J. Crew Group unveiled the terms of its debt restructuring plan, cutting in a half of its nearly $567M in bonds and extending the company's maturity by two years.
On Wednesday, Greece's Prime Minister Alexis Tsipras stated that he hoped to reach the loan deal at the EU finance ministers' meeting on June 15.
No less than 30 people are reported to be injured, while a number of others are possibly trapped into the building as a 27-story high-rise block got engulfed with a huge fire in the central London on Wednesday.
The Director of Uber Technologies Inc David Bonderman resigned on Tuesday. The event follows and might have been caused by remarks made by the director in a staff meeting. Some of the director's remarks were seen as offensive to women.
The asylums seekers of a detention center located in Papua New Guinea, which have been held there for more than two years will receive compensations. The total sum to be paid out to the 2,000 people is 53 million US Dollars.
The Bank of Japan will release its monetary statement on Friday. It is expected that the policy settings will remain unchanged, as the bank will remain behind the Federal Reserve in regards to stimulus programs.
Chinese retail sales and output of factories has increased at a moderate pace in the month of May. However, investment has decreased, which strengthens the hypothesis that the Chinese economy will lose momentum.