The ABR reported that new building approvals fell 20.0% in December, after climbing 12.6% in the preceding month, whereas analysts anticipated a drop of 7.9%.
The Russian President Vladimir Putin said on Wednesday that the country's economy expanded by 1.4% in 2017, while the preliminary estimate by the Ministry of Economy was 1.4%-1.8%.
Shares of the US-based Boeing Co surged by almost 5% on Wednesday after the company revised its profit forecast from $13.80 to $14.00 per share in 2018.
The Indian government is set to disclose its budget for 2018/2019 on Thursday, thus setting either limited fiscal deficit or increased spending as its economic priority.
The US Federal Reserve kept interest rates steady on Wednesday; inflation is expected to stabilise near the 2% target this year, thus pointing to a possible rate hike in March.
Growth of car sales in the European Union is anticipated to weaken to 1% over the course of 2018, as Brexit and stricter regulations on car emissions would threaten the industry.
Boeing was still in negotiations with Embraer over the deal, where products of Brazilian planemaker could provide a boost to the long-term strategy of Boeing.
Online employment firm Job.com announced plans to raise up to $50M in a token sale to fund the company's new platform based on blockchain.
China's Premier Li Keqiang stated that the country's relations with Britain are likely to remain unchanged over the course of Brexit.
According to the data released by the US National Association of Realtors, pending home sales ticked up 0.5% in December, in line with expectations.
The MNI Chicago Business Barometer dipped 2.1 points to 65.7 over the course of January, topping analysts' expectations for a 64.2-point reading.
According to the data released by Statistics Canada, the country's real gross domestic product rose 0.4% over the course of November 2017, with growth being reported in 17 out of 20 industrial sectors.
ADP reported on Wednesday that the US private sector employment was up by 234K in January, topping economists' expectations for a 185K increase.
According to TechCrunch, Spotify is testing its new app "Stations by Spotify" as the music streaming service seeks to rival Pandora Media's streaming platforms.
Marks & Spencer is set to close 14 more UK stores as it is speeding up a programme to transform the store estate as the majority of its sales are moving online.
German automaker Daimler suspended one of its employees and launched an external probe into a research group that had funded experiments involving monkeys exposed to toxic diesel fumes.
Boeing is planning to deliver up to 815 commercial aircraft this year, which is 6.8% more than 763 jetliners it has delivered in 2017.
A long-range version of the Airbus jet A321LR has launched its first flight in the German city of Hamburg on Wednesday and is deemed to be capable of transporting up to 240 passengers.
China's President Xi Jinping called on Wednesday for the modern economy expansion with a focus to develop the real economy, Xinhua News Agency stated.
The Russian and Turkish Presidents Vladimir Putin and Tayyip Erdogan agreed on Wednesday that they were satisfied with the Sochi congress results on reaching peace in Syria.
On Wednesday, Stuttgart's prosecution office probed two Robert Bosch's employees on a fraud suspicion in a recently launched investigation into Chrysler's diesel emissions in the US.
On Wednesday oil prices continued to decline. However, the commodity price was set to book its biggest growth in January since 2013.
German retail association HDE on Wednesday announced that this year's German retail sales are forecast to increase by 2%. That is a slowdown, compared to last year's 4.1%.
The Apple supplier Sharp posted its fifth straight Q4 net profit of 20.6B yen, slightly beating the estimates for a 19.14B yen reading, driven by sales gains of its televisions.