Data released by the Energy Information Administration showed that the US crude oil inventories fell by 5.1M barrels last week, while economists had predicted a decrease of 3.8M barrels.
The US Bureau of Labour Statistics reported that the Consumer Price Index advanced 0.4% over the course of November, in line with market projections.
According to the data released by Eurostat on Wednesday, industrial production in the Euro area was up 0.2% in October, topping analysts' expectations.
The European Union warned the British airlines they would lose all the flying rights after Britain's withdrawal from the EU, bloc's executive stated in a note.
The Czech government would seek a confidence vote on January 10, the Prime Minister Andrej Babis stated on Wednesday after his minority Cabinet had been sworn in.
Minnesota's Democratic Lieutenant Governor Tina Smith is appointed to replace the US senator Al Franken, following his resignation over accusations of sexual harassment.
Britain's Prime Minister Theresa May stated that lawmakers from the both Houses of the Parliament would vote on the final Brexit agreement over its withdrawal from the bloc.
On Wednesday, the President of Czech Republic Milos Zeman appointed the minority Cabinet, which is led by the Prime Minister Andrej Babis who is set to represent the country at the EU summit this week.
Apple will invest $390M in the chipmaker Finisar, as it is planning to build a factory in Texas to produce chips that support iPhone's features like animojis, face ID and portrait-mode selfies.
Chinese bank regulator announced on Wednesday that China would ease business curbs for foreign banks in the government bonds, as part of a drive to open up its financial sector.
German companies EWE AG and Deutsche Telekom are partnering to invest €2B in a build-out of a superfast glass-fiber broadband network in Germany.
On Wednesday South Korean officials announced that capital gains from cryptocurrencies might be soon taxed.
The social democrats of Germany on Wednesday announced that they would work with Merkel only if voters would get a "fair deal".
On Wednesday, Saudi Aramco has signed $10.4B worth of the memorandum of understanding accords with local and foreign companies, as it seeks promoting local manufacturing.
The British city Sheffield lifted a license suspension on Uber, after the ride-hailing service provided satisfactory responds to questions about the company's management.
According to the Italian media, the country's national elections are expected to be held on March 4 and should take place by May at the latest.
China stated on Wednesday it would welcome all the efforts to relax tension on the Korean peninsula, following the US State Secretary Rex Tillerson's offer to launch direct talks with Pyongyang.
The US ride-hailing Lyft launched its taxi service in Canada on Tuesday, seeking to rival against Uber Technologies outside of the United States.
On Wednesday, a delegation of the Russian defence ministry arrived in North Korea's capital of Pyongyang, Interfax reported, providing no further details.
On Wednesday, Japanese companies Toyota Motor and Panasonic stated they would eye a joint development of new batteries for electric cars, as Panasonic sought for expansion.
The co-founder and CEO of the Chinese embattled company LeEco was placed on a debt defaulters list, following his failure to satisfy court's order to pay $71M to Ping An Securities Group.
The heads of UAE and Saudi Arabia are meeting at a summit in Paris. The aim of the summit is to create a West African military force, which would battle Islamist groups.
AT&T corporation has started trials of a high speed internet line. This comes as the company pushes to introduce faster service.
Carter Page has argued that the AT&T deal to buy CNN owner Time Warner should not be allowed.