- December 20, 2021
- Posted by: Stratford Team
- Category: Business
Omicron forces another change
The World Economic Forum said this morning that it was postponing its annual meeting in Davos, Switzerland, from next month to “early summer,” citing the spread of the Omicron variant. The move suggests new uncertainties for business travel, yet another headache for C.E.O.s amid rising case counts and new questions about government efforts to contain the coronavirus. Meanwhile, U.S. stock futures are down sharply, following European and Asian markets.
Many businesses are becoming increasingly cautious. The World Economic Forum, after consulting with experts and the Swiss government, said it will instead hold virtual sessions next month. (Travel, business and otherwise, faces new pressures: Israel added the U.S. to its no-fly list, while the N.H.L. called off games involving cross-border travel until after Christmas.) In other developments:
The fate of a federal vaccine mandate for large companies became cloudier. On…
