Cross-border intelligence

From 651 people to 4 people! Another veteran major factory in Shenzhen enters bankruptcy liquidation

Weekly major events roundup.

E-commerce Weekly Report: Double 11 Shopping Festival Kicks Off in Full Force; WeChat Launches Short Drama Platform; Three Sheep's Comeback Countdown

Luxury Shoppers Put Their Money Where Their Feet Are

A banana-shaped heel is an unusual place to look for evidence of consumer spending discipline. But in luxury retail, financial restraint can apparently come with very adventurous footwear. There’s growing interest in eccentric designer shoe

Shenzhen factory sellers are making a fortune overseas by "borrowing Hong Kong to go global" plus AI

Mainland enterprises' strength combined with Hong Kong's advantages is aggressively winning orders overseas.

Why Depop is putting music at the center of its marketing, collaborating with Zara Larsson and Olivia Rodrigo

Peer-to-peer resale platform Depop is trying to differentiate itself from the competition through the power of music. To date, it has collaborated on drops with the likes of Kacey Musgraves, Zara Larsson and Olivia Rodrigo.

Overseas-expanding company Transsion Holdings listed on the Hong Kong Stock Exchange, with net profit up 46% year-on-year last year

Anker sold 63.62 million in a year! This new platform opens up to domestic entities for onboarding

Even bigger good news is here!

Why are soaring oil shipping costs pushing up prices?

Record tanker rates are raising fuel costs and adding inflationary pressure to goods transported around the world. The post Why are soaring oil shipping costs pushing up prices? appeared first on Inside Retail Asia.

BREAKING: Texas judge upholds nuclear verdict against C.H. Robinson

The nuclear verdict against C.H. Robinson in Texas has been affirmed. The post BREAKING: Texas judge upholds nuclear verdict against C.H. Robinson appeared first on FreightWaves.

New York Fed Finds Surging Costs Turn Executive Outlook Negative

Service sector firms in New York State and nearby areas became pessimistic about the business outlook in early October, for the first time since December 2025, the Federal Reserve Bank of New York said in its October “Business Leaders Surve

Acorns Acquires Frich to Scale Financial Education

Acorns has expanded its financial education community by acquiring Frich, the company said in a Wednesday (Oct. 14) press release. Frich is a community where young Americans learn about money from each other, while Acorns is a financial wel

Marqeta and Coinbase Take Stablecoin Spending Mainstream

Marqeta’s enterprise customers can now offer stablecoin-backed cards powered by Coinbase, the companies said in a Friday (Oct. 16) press release. This offering is enabled by a new collaboration that integrates Marqeta’s card issuing platfor

American Express launches framework to verify AI shopping agent purchases

American Express has published a new framework that can help card issuers verify purchases made by artificial intelligence (AI)-powered shopping agents. The payments company released its Intent Intelligence framework on Tuesday, Oct. 13. Wi

Upgrade’s Bank Ambitions Show How FinTech Growth Expands Choices

As FinTechs scale, they bring banks more deposits, loans, transactions and fees while gaining more choice over which institutions provide the funding and infrastructure behind them. Upgrade facilitated more than $53 billion in credit throug

Federal Judge Denies Gemini and CFTC Bid to Erase 2025 Settlement

A federal judge refused to overturn a $5 million settlement that cryptocurrency exchange Gemini reached with the Commodity Futures Trading Commission in January 2025 and has already paid, CoinDesk reported Friday (Oct. 16). The CFTC has sin

Trump Task Force Orders Report on AI Dangers

President Donald Trump’s artificial intelligence (AI) task force, the Super Intelligence Force, will commission a report from the President’s Council of Advisors on Science and Technology to evaluate potential dangers of the technology, Blo

Taco Bell Says AI Helps Workers Live Más, Quit Less

The hardest job at a Taco Bell during the dinner rush is the headset. One worker takes orders from a line of cars, repeats them back over road noise and fields the complaints when a Crunchwrap comes out wrong. At more than 890 Taco Bell dri

Evos raises $9M to build AI operators for industrial businesses

Evos raised $9 million in pre-seed funding to develop AI operators that learn employees' workflows and perform tasks within existing business software. One freight brokerage has used the technology to make nearly 3,500 invoice-auditing deci

Tesla staffs up Nevada Semi plant as fleet orders stack up

Job boards show Tesla recruiting for Semi assembly, quality and service roles in Sparks as WattEV, IMC and the ZET SCALE alliance line up electric Class 8 orders. The post Tesla staffs up Nevada Semi plant as fleet orders stack up appeared

Veteran trucker launches free parking, fuel-price platform for drivers

Georgia trucker Shawn Gresham has launched a free platform combining parking locations, roadside repair listings, diesel prices and driver resources. The post Veteran trucker launches free parking, fuel-price platform for drivers appeared f

Louisiana attorney, staged accident scammer, finally sentenced

Louisiana staged accident mastermind Danny Keating got 32 months in jail. The post Louisiana attorney, staged accident scammer, finally sentenced appeared first on FreightWaves.

Stablecoins Take Aim at Cash Locked in Prefunding

Cross-border payments carry a working capital cost before money reaches the recipient. Payment providers frequently need funds available in advance to make payouts in other markets. For a company operating across currencies and time zones,

How Itaú is building generative AI for its entire customer base

With ia.i, a conversational interface, and the IARA governance platform, Itaú is applying its AI First strategy to customers and employees — in one of Brazil’s most regulated sectors.

Regions Bank Says AI Cybersecurity Drives Up Costs 1.5% to 3.5%

Regions Financial Corp., parent company of Regions Bank, expects the cost of cybersecurity to increase its adjusted noninterest expense by between 1.5% and 3.5% for full-year 2026, Chief Financial Officer Anil Chadha said Friday (Oct. 16) d