Shanghai plans to invest over one billion yuan ( about $138 million ) to build a quarantine facility on an islet near the city center, according to a tendering document released on Oct. 13. The construction project, titled “Fuxing Island Preparatory Makeshift Hospital and Isolation Site of Close Contacts,” was awarded to state-owned builder China…

FRANKFURT—The European Central Bank still sees a recent rise in euro zone inflation to above its 2 percent target as temporary and expects price pressures to ease next year, ECB President Christine Lagarde said on Thursday. She acknowledged the decline would take longer than ECB had initially expected but said favourable financing conditions created by…

FRANKFURT—Many of the drivers of a recent spike in euro zone inflation are temporary and due to fade in the next year, European Central Bank President Christine Lagarde said. Euro zone prices have been rebounding faster than expected as the economy reopened after pandemic-induced lockdowns, and several ECB policymakers think inflation will be close to,…

WASHINGTON—The Biden administration is allowing eligible Haitian nationals residing in the United States to apply for a new 18-month designation for temporary protected status, reversing a Trump administration effort that had sought to end the special consideration. In a statement Saturday, Homeland Security Secretary Alejandro Mayorkas cited security concerns, social unrest, an increase in human…