Centiview
Latest takes
All takes
Analysis•Global
Consumer & RetailTechnology & AI

China Cuts Credit Costs, Google Challenges EU AI Rules and UPS Partners With TikTok Shop

By Centiview Research•Published •1 min read

Markets

China announced a cut to the rate on a key central-bank lending facility and interest subsidies on new commercial mortgages for eligible first-time buyers, Reuters reported on Sept. 29. The measures aim to steer cheaper credit to several sectors and support economic growth.

Tech & Business

Google has challenged two European Union orders that would require it to help AI and search rivals access parts of its services, Reuters reported. The dispute puts competition rules for AI-enabled search and platforms back in focus.

UPS said it signed an exclusive deal with TikTok Shop to provide no-box, no-label returns, Reuters reported on Sept. 29. The arrangement links the delivery company with TikTok Shop's growing US commerce business.

Sources

Reuters.

For information only. Not financial advice. See our disclaimer and editorial standards. Spotted an error? Tell us.

Related takes