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    July 12, 2018 3:13 PM HKT

    BERLIN Forrest Lamp Chargers Jersey , July 27 (Xinhua) -- Deutsche Bank AG, Europe's largest investment bank, released disappointing figures for its revenue in the second quarter of 2017 on Thursday.


    The Frankfurt-based financial institution recorded a 10 percent decline of revenues down to 6.62 billion euros (7.74 billion U.S. dollars) in Q2, the weakest quarter in three-and-a-half years.


    An analyst consensus compiled by the bank had forecast substantially higher revenues of 7.15 billion euros.


    "Revenues were not as universally strong as we would have liked it, in large measure because of muted client activity in many capital markets. As we modernize our bank we are turning our focus onto building profitable growth," a statement by CEO John Cryan read.


    Investment banking was a particular weak spot Mike Williams Chargers Jersey , where earnings of the reorganized unit fell by 16 percent as trading and transaction banking income shrunk. Deutsche Bank warned that revenues of its operating businesses would decline this year.


    The news prompted Deutsche Bank's shares to fall by 3.7 percent to 15.98 euros, the steepest fall in over four months.


    Back in March, Cryan had expressed his desire to achieve "modest growth" by focusing more on corporate clients and the bank's German roots. Deutsche Bank has announced three turnaround plans in as many years.


    The financial institution had recorded its weakest yearly revenue in 2016 for six years, forcing it to raise an additional 8 billion euros to calm fears that it would be unable to pay misconduct fines.


    Despite lasting weak revenue development in Q2 2017, however, Deutsche Bank more than doubled pre-tax profits in the same period.


    Pre-tax profits rose to 822 million euros compared to 408 million euros last year Uchenna Nwosu Chargers Jersey , well ahead of analysts' expectations of 199 million euros. A substantial year on year fall in costs to 5.717 billion euros (15 percent) allowed the bank to surpass profit forecasts.


    "Despite the significant improvement, this level of profitability falls short of our longer-term aspirations," Cryan said. Deutsche Bank is mid-way into a five-year corporate restructuring plan.


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    PARIS, July 28 (Xinhua) -- French Economy Minister Bruno Le Maire welcomed the investment plan between Air France-KLM, Delta Air Lines Derwin James Chargers Jersey , China Eastern Airlines and Virgin Atlantic, calling it a "global strategic and industrial reinforcement," of the Franco-Dutch joint venture.


    In a joint statement with transport minister Elisabeth Borne released on Thursday, Le Maire said "this operation will enable Air France-KLM to ensure the development of the long-haul segment in North America and Asia and to benefit from strong synergies in geographically and economically key marketing networks."


    Following "the new capital and commercial partnership, the "Franco-Dutch flag carrier will strengthen," the minister added.


    "As the group's largest shareholder Jahleel Addae Chargers Jersey , the government fully supports this transaction, which creates value for the company, its customers, its employees and its shareholders," he said.


    Under the sharing investment accord, state-owned China Eastern Corp. Ltd. will buy 10 percent in Air France-KLM stake Keenan Allen Chargers Jersey , a first such acquisition of a Chinese airline in a western carrier.


    U.S. major airline Delta Air Lines, which holds 3.2 percent in China Eastern, will also buy 10 percent stake in the Franco-Dutch joint venture.


    As part of "an integrated global alliance, unique in the world," Air France-KLM will acquire 31 percent of Vigin Atlantic capital.


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    YANGON, Aug. 24 (Xinhua) -- Three more people have died of seasonal influenza AH1N1-2009, also known as swine flu, over the past three days, bringing the total death toll to 33 as of Wednesday, official media reported Thursday.


    More than 300 patients were confirmed for being infected with the virus across the country since the outbreak of the disease on July 21.


    However Joey Bosa Chargers Jersey , more than 210 patients have already been discharged from hospital after treatment, the report said, adding that the Ministry of Health and Sports has sent rapid respond teams to the affected areas to control the spread of the virus.


    Meanwhile, prices of chicken and duck continued to fall by half in markets of Myanmar's commercial city of Yangon recently due to the impact of the influenza.


    The ministry has urged all the people to follow its guidelines to protect against the seasonal influenza and to receive medical examination at the nearest health department if they experience any of the virus' symptoms.


    In last month's rainy season, Myanmar also faced another influenza attack, namely H5N1 (bird flu) Melvin Gordon Chargers Jersey , leaving 5,000 chickens culled.


    The bird flu occurred on July 26 in Dawei township, southern Tanintharyi region.


    9 killed as China hit by st.