The federal government ran the second highest monthly surplus on record this April as tax revenues were pushed higher by a change in the deadline for corporate tax payments.
Oil prices surged as much as 4% after the latest report on the US crude stockpiles eased fears that have permeated the market in recent weeks.
On Wednesday, Europe, Canada and Japan expressed hopes that the upcoming G7 meeting would offer more clues about the US President Donald Trump's foreign policy direction.
The US President Donal Trump and the South Korean President Moon Jae-in agreed to work together on the North Korean nuclear issue in a phone cal on Wednesday.
Data released on Wednesday showed that the Suez Canal earned Egypt $853.7M in April and March, 4.1% higher than for the same period in 2016.
On Wednesday, several VW shareholders urged the company to publish the results of the final investigation into its diesel emissions cheating scandal.
On Wednesday, the US President Donald Trump defended his decision to fire the FBI Director James Comey, saying that his firing was necessary to restore "public trust and confidence".
The Slovak Finance Minister Peter Kazimir reported on Wednesday that the IMF would likely support Greece's third bailout.
US import prices surged 0.5% last month, compared to March's upwardly revised gain of 0.1%, while analysts anticipated a slight 0.2% rise.
The EIA reported on Wednesday that US crude oil inventories dropped 5.2M in the week ending May 5, following the prior week's fall of 0.9M barrels and surpassing expectations for a 0.2M barrel decline.
Brazil's annual consumer prices fell to a 10-year low of 4.08% in April, down from the prior month's 4.57%, missing market's expectations for a 4.1% surge.
The French Finance Ministry reported that France's trade deficit surprisingly narrowed to €5.4B in March from the preceding month's upwardly revised €6.4B deficit.
The Swiss authorities announced that Switzerland would limit access to the country's labour market for Romanian and Bulgarian citizens for one year as the country seeks to reduce the number of migrants.
The EU is eager to tackle complaints over Apple and Google tech giants' unfair trading practices, planning to prepare a digital strategy mid-term review aimed at applying strict rules in unfair contractual clauses.
The US President Donald Trump defended the FBI director James Comey firing after his order set off a political storm, vowing he would replace Comey with a better candidate for this position.
On Wednesday, Austria's Vice Chancellor Reinhold Mitterlehner announced about his resignation as he failed to settle internal party dispute and speculation about its future leadership.
The German SPD leader and the Chancellor Angela Merkel's rival Martin Schulz supported the idea of France's President-elect Emmanuel Macron on a common budget for the Euro zone countries to fund investment.
On Wednesday, the German Linde Group CEO said that the company forecasts to complete the $70B merger of equals with the US Praxair in 2018, if talks succeed.
In an effort to increase the firepower of the Kurdish militias, which are fighting Daesh, the US have announced of a decision to arm the Kurds with large caliber weapons. The move was protested by Turkey.
The new President of South Korea Moon Jae-In has stated that he will base his administration at an old government building in the center of Seoul. Moving from the presidential Blue House to the run down building will be a logistical nightmare for the security and administrative staff.
The US tech leader Apple had bought the Finnish hardware and sleep tracking app maker Beddit, the start-up announced on Wednesday, providing no further detail on the acquisition.
ChemChina got about 82% Syngenta shareholders' support amid its $43B takeover deal of the Swiss seeds group and pesticides.
The newly nominated South Korean spy chief Suh Hoon considers that the right conditions on the North Korean nuclear crisis must be defined before a summit between two countries will be held.
Toyota Motor anticipates its operating profit will drop 20% to $14.06B in 2017 as the company expects increased expanses from marketing activities in the US.