BLOOMBERG Nationwide Building Society and Atom Bank Plc announced increases in mortgage rates, joining a flurry of UK lenders who are raising prices in response to inflation. Nationwide said in an email that it would raise fixed rates by as much as 0.7%, while Atom Bank announced increases from 0.25% to 0.6%  on certain products due that same day. “With …

BLOOMBERG Bangladesh’s central bank raised interest rates and said it will allow the currency to float freely, pledging to keep monetary policy tight to rein in inflation at a decade high. The repurchase agreement rate will increase 50 basis points to 6.5%, Governor Abdur Rouf Talukder said at a briefing in Dhaka. The reverse repo rate was renamed the standing …

ABU DHABI / WAM H.H. Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs, and Italy’s Minister of Foreign Affairs, Antonio Tajani, today discussed the prospects of further cementing cooperation following the two countries’ recent announcement to promote their relations to strategic partnerships. This came as the UAE top diplomat received his Italian counterpart in Abu Dhabi Sunday to …