Omicron uncertainty prompts WEF to delay Davos summit to mid-2022

The World Economic Forum (WEF) on Monday postponed its annual meeting in Davos due to the spread of the Omicron coronavirus variant, putting off the event scheduled for January until…

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(Photo by Paul Faith / AFP)

Pandemic drives sea freight prices to record high

Container shipping prices have reached record highs some 18 months after the outbreak of the coronavirus pandemic which disrupted maritime logistics chains and drove demand sky-high. “We are basically running…

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