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BERLIN Women's Tedric Thompson 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, 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 Women's Amara Darboh Jersey , 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, 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 Women's Nazair Jones Jersey ," 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, 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 Women's Delano Hill Jersey , 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, the government fully supports this transaction, which creates value for the company, its customers, its employees and its shareholders Women's Shaquill Griffin Jersey ," he said.

Under the sharing investment accord, state-owned China Eastern Corp. Ltd. will buy 10 percent in Air France-KLM stake, 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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When one thinks of fair trade, thoughts automatically run to agriculture products, fruits, coffee, cotton products and other items that have been associated over the years with the trading industries.
Although the jewelry industry is often considered simply a luxury trade for the wealthy, you may not realize just how many families depend on the trading of gemstones for their livelihood. As an example Women's Malik McDowell Jersey , one diamond may directly effect approxmiately 10,000 individuals, a presious stone perhaps 5,000 or more individuals. From mining, to trading, developing, and final market sales Terence Garvin Jersey , the gemstone industry supports many economies in significant ways.

Who will associate diamond, ruby, sapphire or emerald with fair trade?
Agriculture,fruits, coffee or cotton products are much more in favor of consumers in need of a compensation for their kind of guilt feeling thinking how much their lawn machine costs in terms of global warming.
Jewelry industry is glamour, generally focused on "people", wealth and expensive brands. TV's Tre Madden Jersey , newspapers and all medias look only at the end customer and his provider (The Jeweler), but how many people just made a living by just carefully handling this diamond, or gemstone, from mine to shop.
One diamond.

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