Troubled German giant Deutsche Bank saw net profit tumble in the second quarter to 20 million euros ($22 million), down 98 percent on the previous year's figure, results released on Wednesday showed. The result, blamed on a "weak" business environment and complex restructuring by chief executive John Cryan, fell well short of the average of 188 million euros expected by analysts surveyed by Factset. "Our results show that we are undergoing a sustained restructuring," Cryan said in a statement, adding that he was "satisfied with the progress we are making".
Israeli troops shot dead a Hamas fighter on Wednesday who the military said was responsible for an attack that killed a rabbi in a drive-by shooting in the occupied West Bank earlier this month. The militant was killed in an overnight raid in the territory, during which residents of the Palestinian village of Surif, near the city of Hebron, reported lengthy exchanges of fire between Israeli forces and gunmen. In a statement, the military said that security forces killed the man responsible for the July 1 attack that killed Rabbi Michael Mark.
JERUSALEM (AP) — Israeli forces tracked down a group of suspects behind the deadly ambush of a family car in the West Bank earlier this month and killed the man who pulled the trigger in that attack in a shootout early on Wednesday, the military said.