The Hague / AFP Inflation in The Netherlands dipped into negative territory in July for the first time in nearly three decades, slipping to -0.30 percent, according to official statistics published on Thursday. “The last time that inflation was below zero was in December 1987,” the Central Statistics Office said. The news came after three months of stagnation when ...

  Brussels / AFP The European Union on Thursday hit China and Russia with anti-dumping duties on cold rolled steel imports after complaints by EU producers they were being forced out of the market. The European Commission said the levies, announced provisionally in February, will run for five years as Europe tries to cope with a global steel glut largely ...

  Brighton / AFP The world’s tallest moving observation tower, the i360, opens to the public on Thursday, a futuristic landmark that has transformed the historic seafront in the English tourist resort of Brighton. A 162-metre (530-foot) high steel tower is ringed by a doughnut-shaped glass observation pod that gently glides up and down. The design is meant to be ...

  Sirte / AFP Libyan pro-government forces battled to retake territory in the IS group stronghold Sirte on Wednesday, but faced fierce resistance from extremist snipers and mines. Fighters allied to Libya’s UN-backed Government of National Accord (GNA), supported by US air strikes, are trying to retake the coastal city — hometown of slain dictator Moamer Kadhafi — from IS ...

  Kano / AFP Boko Haram’s elusive leader Abubakar Shekau broke his silence on Thursday to insist he was “still around” following reports IS had replaced him, but his message fuelled talk of a split within the extremist group. For months, speculation has been rife over the fate of Shekau, who has led the Nigeria-based rebel group since 2009 but ...

  Herat / AFP Taliban militants attacked a group of 12 American and European tourists escorted by an Afghan army convoy in western Herat province on Thursday, leaving at least seven people wounded as the insurgents step up nationwide attacks. The tourists — eight British, three Americans and one German national — were ambushed by Taliban gunmen in the restive ...

  Paris / AFP France’s top diplomat has told his Egyptian counterpart that the French families who lost loved ones in the May 19 EgyptAir crash are impatient for answers, the foreign ministry said Thursday. French Foreign Minister Jean-Marc Ayrault, in a telephone conversation on Wednesday, “reminded” his Egyptian counterpart Sameh Choukri “of the difficult situation of the families waiting ...

  Istanbul / AFP From the roads of Pennsylvania and corridors of power in Washington to the public squares of Cologne and EU offices in Brussels, the shockwaves from the July 15 failed coup have gone well beyond Turkey. The aftermath of the coup that aimed to unseat President Recep Tayyip Erdogan has prompted a drastic sharpening in Turkish rhetoric ...

  Washington / Bloomberg Goldman Sachs Group Inc. agreed to pay $36.3 million over allegations that former employees obtained confidential documents from the Federal Reserve in a settlement that requires the bank to beef up its policies to prevent another lapse. The Fed is also pursuing a $337,500 fine and a permanent banking ban against a former Goldman Sachs managing ...

  Nairobi / Bloomberg KCB Group Ltd., Kenya’s biggest bank by assets, boosted first-half profit by 14 percent as earnings from lending increased and after setting aside less money for credit-related losses. Net income in the six months through June rose to 10.5 billion shillings ($103.6 million) compared with 9.2 billion shillings a year earlier, the Nairobi-based lender said in ...