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A Hermes store sign is seenat a shopping mall in California

Hermes beats forecasts on robust growth in China, U.S.

Birkin bagmaker Hermes said that wealthy Chinese clients snapped up its products in the fourth quarter even as the rest of the luxury sector took a hit from rising COVID infections, helping it beat sales and margin forecasts.
The trickbot virus has infected millions of computers worldwide

US, UK jointly sanction Russian Trickbot hackers

The United States and Britain announced sanctions Thursday on the Russian intelligence-linked Trickbot group known for hacking hospitals during the Covid-19 pandemic and stealing financial data.
The dollar surged against its major peers after the strong US jobs data fanned bets on more Federal Reserve interest rate hikes

Stock markets fall on US rate-hike fears

Stock markets slid and the dollar firmed Monday after a forecast-busting US jobs report fanned expectations of more Federal Reserve interest rate hikes to cool sky-high inflation.
The Imperial Strathcona Refinery which produces petrochemicals is seen near Edmonton

Oil surges after strong U.S. jobs data

Oil prices rose on Friday after strong U.S. jobs data, but were still set for weekly falls as investors sought more clarity on the imminent EU embargo on Russian refined products and more signs of demand recovery in top consumer China.
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