New orders for the US-made goods decreased 0.7% for a second month in succession in May, affected by weakening demand for transportation equipment, the Commerce Department stated.
The US trade deficit grew 8.4% to $55.5B, the the highest level in five months, in May, as goods' imports increased, likely as businesses restocked before higher tariffs on China's merchandise, eclipsing a broad increase in exports.
Deutsche Bank is expecting its major restructuring to cost about $5.6B, following the CEO Christian Sewing pledge of "tough cutbacks" to the company's shareholders after the lender failed to agree on the merger with its rival Commerzbank.
On Wednesday, Deutsche Telekom announced a limited launch of its 5G services in Germany, targeting the city's early adopters with high-speed mobile technology.
Walmart has been in discussions with buyers over a potential sale of Bonobos and Modcloth, the company's unprofitable clothing brands, the online news agency Vox stated on Wednesday.
Britain's markets regulator is seeking to propose a ban on the crypto derivatives sale to retail customers aid potential the market abuses prevalence, it announced on Wednesday.
Police have launched search at Renault's headquarters located in Boulogne-Billancourt, the carmaker announced on Wednesday, due to the ongoing inquiry into the former Renault boss Carlos Ghosn.
On Tuesday, the EU leaders agreed to appoint Christine Lagarde as the new ECB head, signing deal on filling the bloc's other key four jobs after a marathon summit, which triggered deep divisions.
Tesla has delivered a record number of 95,200 vehicles in the quarter, responding to a question about the demand for the carmaker's luxury electric cars and sending its shares up 7% on Tuesday.
Samsung Electronics's Q2 profit likely to be reduced by half after reporting preliminary earnings last Friday, as a plunge in the memory chip shipments to Huawei aggravated the price-squeezing supply glut.
The US government's senior official stated on Wednesday that China's Huawei should be treated as a blacklisted company, a couple of days after the US President Donald Trump had sowed confusion with his pledge to ease the ban on sales.
Crude oil prices remained stable on Wednesday after OPEC and other producers agreed on Tuesday to extend oil supply cuts until March 2020.
Asian shares declined on Wednesday, as investors and traders are worried over Washington's threat to impose additional tariffs on the European goods.
On Tuesday, the European Union said that it was prepared to negotiate with the United States over a dispute in aircraft subsidies.
Germany's authorities have penalised Facebook of $2.3 million for under-reporting the number of complaints of illegal content, they have received on their social media platform.
On Tuesday, the Governor of Arizona Doug Ducey said that the state would pull incentives for Nike plant in Arizona over sneaker recall.
Peter Navarro, the top White House trade adviser, said on Tuesday that the United States trade negotiations with China would take time.
According to the Institute for Supply Management-New York report, the six-month business sentiment among NYC's purchasing managers fell to 51.0 in June, the lowest level in ten years.
Mark Carney, the Governor of the Bank of England, said on Tuesday that a no-deal Brexit and a global trade war were increasing possibilities, but not certainties.
Anheuser-Busch InBev, the world's largest brewer, is planning to attract about $9.8B by listing the Asia-Pacific business located in Hong Kong in the world's largest 2019 IPO.
BT, the UK former telecoms monopoly, announced on Tuesday it would roll out the 5G services across business customers already this autumn that would be available in the 16 British busiest cities by the year-end.
Axel Springer's Stepstone jobs portal acquired an 85% majority stake in the US technology company Appcast in a deal worth €70M, the German publisher announced late on Monday.
Ireland debt agency has made an investment of the disputed Apple taxes in low-risk euro-dominated fixed income securities, it announced in a report published on Tuesday.
On Tuesday, France named investment banks to work on privatisation of the FDJ lottery firm, aimed at attracting money to bolster overall economy and fund innovation projects.